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A service for energy industry professionals · Tuesday, May 13, 2025 · 812,174,883 Articles · 3+ Million Readers
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OPEC & Oil Price News Monitoring

  • Published on 09:30 GMT

    Oil Prices Decline Amid Supply Concerns

    Oil prices fell on Tuesday from their highest level in two weeks, affected by concerns over rising supplies, despite earlier optimism regarding the easing of the U.S.-China trade war after both countries temporarily reduced tariffs.اضافة اعلان Brent crude …

    Source: Jordan News - Indeterminate
  • Published on 11:34 GMT

    Oil Prices Jumped To A 2-Week High

    Tuesday, May 13, 2025 6:45 AM EDT Image Source: Pixabay   The US stocks soared yesterday after the US and China announced massive tariff cuts for 90 days following trade talks. The US said it would cut tariffs on Chinese goods from 145% to 30%, while China …

    Source: myMotherLode - Pending
  • Published on 02:51 GMT

    Chevron's Resilient Business Positions It to Thrive at Lower Oil Prices

    Oil prices have slumped this year. Brent, the global oil benchmark, has fallen nearly 15% already this year and was recently in the low $60s. Several factors have weighed on crude oil prices, including OPEC's decision to increase its production at a …

    Source: The Motley Fool USA - Neutral
  • Published on 02:17 GMT

    Opec+ calls time on attempts to boost oil price as Trump visit looms

    Opec+’s repeated decisions to boost oil output signal an acceptance by Saudi Arabia that it is unable to push prices higher, say analysts, amid growing frustrations with other members of the cartel and ahead of a key visit to the region by US President …

    Source: The Financial Times - Neutral
  • Published on 01:38 GMT

    Oil prices climb 2pc

    NEW YORK: Oil prices climbed about two per cent to a two-week high on Monday after the US and China agreed to temporarily slash tariffs, raising hopes of an end to the trade war between the world’s two biggest economies. Brent crude futures rose $1.35, or …

    Source: Dawn - Center-left
  • Published on May 12, 2025

    Oil prices climb 2% to two-week high on US-China tariff reductions

    Oil prices climbed about 2% to a two-week high on Monday after the U.S. and China agreed to temporarily slash tariffs, raising hopes of an end to the trade war between the world's two biggest economies. Brent crude futures rose $1.35, or 2.1%, to $65. …

    Source: The Economic Times - Pending
  • Published on May 12, 2025

    Oil prices settle up at two-week high as US, China ease tariffs

    [NEW YORK] Oil prices rose about 1.5 per cent to settle at a two-week high on Monday, after the US and China agreed to temporarily slash tariffs, raising hopes of an end to the trade war between the world’s two biggest economies. Brent crude futures rose …

    Source: The Business Times Singapore - Neutral
  • Published on 00:27 GMT

    Lower-than-anticipated oil prices put Sask.'s budgeted revenues at risk

    Oil prices have been trending downward since the start of this year, from $80.04 US/ barrel in January to as low as $58.07 US/ barrel last week. That puts millions of dollars of Saskatchewan oil revenues in jeopardy. Saskatchewan projected its oil …

    Source: CBC/Radio-Canada - Public Broadcaster
  • Published on May 12, 2025

    Oil Prices Rise on Eased Trade Tensions

    Oil and most other commodities powered higher, while gold fell, after China and the US ratcheted down trade tensions that had threatened to slash demand for raw materials. West Texas Intermediate crude rose 1.5% to settle at $61.95 a barrel in New York, …

    Source: Rigzone - Neutral
  • Published on May 12, 2025

    Oil prices climb 2% to two-week high

    NEW YORK: Oil prices climbed about 2% to a two-week high on Monday after the US and China agreed to temporarily slash tariffs, raising hopes of an end to the trade war between the world's two biggest economies. Brent crude futures rose $1.35, or 2.1%, …

    Source: The Express Tribune - Indeterminate
  • Published on May 12, 2025

    What The Endgame in Gaza Means For Middle East Security And Oil Prices

    The next phase of Israeli Prime Minister Benjamin Netanyahu’s plan for Gaza could well be the beginning of the endgame of the ongoing Israel-Hamas War that poses the most danger for the global oil market. According to his statement on 5 May, he said that …

    Source: Oil Price - Neutral
  • Published on 04:42 GMT

    OPEC+ policy shift clashes with demand uncertainty

    OPEC+ policy shift Demand concerns induced by tariff uncertainty have only been compounded by a shift in OPEC+ policy, which has weighed heavily on oil prices. OPEC+ appears to be in the process of moving away from defending prices towards defending market …

    Source: Hellenic Shipping News - Neutral
  • Published on 04:13 GMT

    Tankers: OPEC’s Price Policy Could Boost Rates Down the Line

    The latest OPEC+ surprise decision to boost production could boost supply and lead to stronger tanker rates. In its latest weekly report, shipbroker Intermodal said that “the global oil market has been riding through intense swings, with Brent crude …

    Source: Hellenic Shipping News - Neutral
  • Published on May 12, 2025

    Oil prices soar, gold slips on US-China trade updates

    00:00 Speaker A Oil prices rising this morning while gold retreats after news the U.S. and China have reached a temporary deal to remove reciprocal tariffs for 90 days while negotiations continue. Joining me now Jeff Mayberry, DoubleLine portfolio manager, …

    Source: Yahoo Finance - Pending
  • Published on May 12, 2025

    North Sea industry outlook darkens amid oil price gyrations

    Concerns have intensified amid the plunge in oil and gas prices that has followed Mr Trump’s decision to impose tariffs on more than 50 countries. Brent crude fell from $75 per barrel on the day he announced the plan in April to a four-year low of $58.60…

    Source: The Herald (Scotland) - Center-left
  • Published on May 12, 2025

    Oil Prices Climb As US-China Trade Talk Progress Eases Market Jitters

    Monday, May 12, 2025 5:46 AM EDT  Image Source: Unsplash   Gains capped by OPEC+ plans to increase oil output in May/June, though April output dipped. Positive sentiment driven by US and China touting "progress" and "important consensus…

    Source: myMotherLode - Pending
  • Published on May 12, 2025

    Georgia gas prices down 11 cents compared to April as oil prices trend lower

    ATLANTA — Prices at the pump have gone down 11 cents since April according to the latest gas prices from AAA. The automotive and travel-focused organization has a daily gas price tracker, which shows the state average in Georgia has gone down four cents …

    Source: WSBTV - Georgia - Neutral
  • Published on May 12, 2025

    Oil prices jump over 3% on US-China tariff reductions

    TOKYO: Oil prices rose more than $2 in Asian trading on Monday after the US and China said they would ease some of their tariff measures, lifting market sentiment that the world’s two largest crude users may be moving toward resolving their trade dispute. …

    Source: Business Recorder - Neutral
  • Published on May 12, 2025

    Oil Prices Rise Amid US-China Trade Talks and Market Uncertainty

    Oil prices continued to rise as market participants shifted their focus to the upcoming trade discussions between the US and China, scheduled for this weekend. Bloomberg reported that Brent crude surpassed $63 per barrel after a 2.8% increase in the …

    Source: Global Trade - Texas - Neutral

06 days 13:45:14

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