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A service for energy industry professionals · Friday, March 21, 2025 · 795,799,046 Articles · 3+ Million Readers
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Texas OPEC & Brent Crude News Monitoring

  • Published on 00:59 GMT

    Oil set for weekly gain on Iran sanctions, OPEC+ plan to rein in overproduction

    By Shariq Khan (Reuters) - Oil prices rose in early Asian trading on Friday, and were set for their second consecutive weekly gains, after fresh U.S. sanctions on Iran and a new OPEC+ plan for seven members to cut output raised bets on tightening supply. …

    Source: Yahoo Finance - Label Pending
  • Published on 01:20 GMT

    Oil prices rise more than $1 after US issues new Iran-related sanctions

    By Georgina McCartney HOUSTON (Reuters) -Oil prices rose on Thursday after the United States issued new Iran-related sanctions and renewed tensions in the Middle East countered strength in the dollar. Brent crude futures were up $1.03, or 1.46%, to $71.83 …

    Source: The Print - Neutral
  • Published on 01:23 GMT

    Oil prices rise over $1

    HOUSTON: Oil prices rose on Thursday after the United States issued new Iran-related sanctions and renewed tensions in the Middle East countered strength in the dollar. Brent crude futures were up $1.16, or 1.64%, to $71.94 a barrel at 1:37 p.m. EDT (1737 …

    Source: Business Recorder - Neutral
  • Published on Mar 20, 2025

    Canadian Financial Close: Loonie weakens, crude oil jumps

    Glacier FarmMedia | MarketsFarm – The Canadian dollar showed some weakness on Thursday as strength in its United States counterpart exceeded the support from gains in crude oil. The loonie ended the day at US$0.6970 or US$1=C$1.4347, compared to US$0.6980 …

    Source: Alberta Farmer Express - Label Pending
  • Published on Mar 20, 2025

    Oil prices settle $1 higher after US issues new Iran-related sanctions

    2025-03-20T19:58:26+00:00 font Enable Reading Mode A- A A+ Shafaq News/ Oil prices rose on Thursday after the United States issued new Iran-related sanctions and renewed tensions in the Middle East countered strength in the dollar. Brent crude futures …

    Source: Shafaq News - Uncategorized
  • Published on Mar 20, 2025

    Oil prices rise on strong demand outlook, weaker US dollar

    Oil prices rose on Thursday, boosted by a strong outlook for demand in the United States after fuel inventories fell more than expected, and a weaker U.S. dollar. Brent crude futures were up 34 cents, or 0.5%, to stand at $71.12 a barrel by 0745 GMT, their …

    Source: Hellenic Shipping News - Neutral
  • Published on Mar 20, 2025

    Crude Oil Prices Rise As Middle East Tensions Threaten Supply

    Oil prices are on the rise as escalating tensions in the Middle East raise concerns over global supply disruptions. The price of Brent crude, the international benchmark, climbed 0.5% to $70.89 per barrel, up from $70.54 in the previous trading session. …

    Source: Biz Watch Nigeria - Uncategorized
  • Published on Mar 20, 2025

    Oil Prices Rise On Strong Demand Outlook

      Oil prices rose on Thursday, boosted by a strong outlook for demand in the United States after fuel inventories fell more than expected, and a weaker U.S. dollar. Brent crude futures were up 34 cents, or 0.5%, to stand at $71.12 a barrel by 0745 GMT, …

    Source: Channels TV - Neutral
  • Published on Mar 20, 2025

    Asia’s sour crude demand set to rebound late second quarter, support Mideast prices

    SINGAPORE: Asia’s sour crude demand is set to rebound from late in the second quarter as refiners return from maintenance and Exxon Mobil completes a Singapore refinery upgrade that is poised to increase its heavy oil use, traders and analysts said. The …

    Source: Business Recorder - Neutral
  • Published on Mar 18, 2025

    Oil prices ease 1% as Ukraine peace talks offset Mideast instability worries

    NEW YORK: Oil prices eased about 1% on Tuesday as U.S. President Donald Trump and Russian President Vladimir Putin discussed moves to end the three-year-old war in Ukraine, which could result in a possible easing of sanctions on Russian fuel exports. …

    Source: Business Recorder - Neutral
  • Published on Mar 18, 2025

    Oil prices hold near 2-week high on Mideast risks, China stimulus

    By Scott DiSavino NEW YORK (Reuters) -Oil prices held near a two-week high on Tuesday as instability in the Middle East increased the risk of supply disruptions, while China’s plans for more economic stimulus could boost fuel demand in the world’s second …

    Source: The Print - Neutral
  • Published on Mar 19, 2025

    Trump to meet top oil executives as the industry pushes for higher prices

    President Trump will meet with top oil executives at the White House to discuss strategies to boost domestic energy production in the face of falling crude prices and looming trade wars. This will be his first meeting with the oil and gas executives since …

    Source: Cryptopolitan - Uncategorized
  • Published on Mar 19, 2025

    Naira Falls As FX Interventions Struggle To Stabilize Exchange Rate

    The Nigerian naira continued its decline against the US dollar across foreign exchange markets on Tuesday, despite the Central Bank of Nigeria’s (CBN) ongoing efforts to stabilize the currency. Demand for dollars surged, exacerbating pressure on the naira …

    Source: Biz Watch Nigeria - Uncategorized
  • Published on Mar 17, 2025

    Oil Prices Hit 3-year Low, Goldman Sachs Lowers Forecast Again

    The American investment bank Goldman Sachs has once again lowered its oil price forecast for this year. Following last week's three-year low in international oil prices, the bank expects prices to continue falling. According to Reuters on March 16 ( …

    Source: Business Korea - Neutral
  • Published on Mar 17, 2025

    Goldman Sachs Revises Oil Price Forecasts Amid Global Supply Surge And Economic Slowdown

    (MENAFN- The Arabian Post) Goldman Sachs has adjusted its oil price forecasts, citing a confluence of factors including escalating global supply and a decelerating U.S. economy. The investment bank now projects brent crude to average $71 per barrel by …

    Source: MENAFN - Uncategorized
  • Published on Mar 18, 2025

    Oil prices near two-week high amid Mideast tensions

    Oil prices remained near a two-week high on Tuesday as geopolitical instability in the Middle East heightened concerns over supply disruptions, while China’s latest economic stimulus measures signaled potential growth in fuel demand. Brent crude rose 25 …

    Source: Profit by Pakistan Today - Neutral
  • Published on Mar 18, 2025

    Trump Announces Xi’s Upcoming Visit Amid Trade Issues

    Updates: Policy/News/Markets, March 18, 2025 — It’s National Ag Day. The theme for 2025 is “Agriculture: Together We Grow.” It could also be the day we get official information about the $10 billion in farmer economic aid Congress cleared last Dec. …

    Source: Profarmer - Label Pending
  • Published on Mar 18, 2025

    Naira Falls To N1,528 Despite CBN’s Efforts To Stabilize Exchange Rate

    The Nigerian naira has weakened against the US dollar, closing at N1,528 per dollar at the official foreign exchange market. This decline comes despite intervention by the Central Bank of Nigeria (CBN), as demand for foreign currency continues to exceed …

    Source: Biz Watch Nigeria - Uncategorized
  • Published on Mar 18, 2025

    Oil ticks up as China boost balances growth concerns

    Oil prices saw modest upward movement in Asian trading on Tuesday, as global growth concerns were offset following China's stimulus measures announced earlier in the week.   By 3:30 pm AEDT (4:30 am GMT), Brent crude futures added $0.20 or 0.3% to US$ …

    Source: Azzet - Label Pending

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