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    • OPEC & Brent Crude

OPEC & Brent Crude Newsletter
  • Asia hopes for cheaper oil as Opec boosts output – but trade doubts linger 11 May 2025 07:06 GMT

    A surprise decision by Opec+ to accelerate production increases is … , western Kazakhstan. Photo: Reuters Benchmark Brent crude prices dropped to a four … barrel on Monday following the Opec+ announcement. By Friday afternoon, prices …

  • Citi cuts short term Brent crude price forecast to $55 on potential US-Iran nuclear deal 09 May 2025 15:08 GMT

    … three-month price forecast for Brent crude to $55 per barrel … has come with tariffs and OPEC+ adding supply back to … ,” Citi said. On Saturday, OPEC+ agreed to increase oil production … “firmly skewed to the downside.” Brent crude futures were trading at $61 …

  • OPEC+ Tests the Shale Sector 09 May 2025 17:43 GMT

    … markets opened this week. Brent crude oil prices fell on … of overproduction. Periodically, when OPEC countries focus more on … . The forward curve for Brent crude – showing the current price … conditions and expectations that OPEC+ will ramp up supply …

  • Brent crude for July delivery falls 1.66% to $61.12. 07 May 2025 21:10 GMT

    The North Sea crude oil, a key European benchmark, concluded the session at the Intercontinental Exchange trading $1.03 below the previous day’s closing price of $62.15. The drop in the price per barrel was in response to the announcement of a meeting …

  • Nigeria’s crude oil output falls by 4.37% in March, below OPEC’s quota – Report  09 May 2025 10:44 GMT

    … of Petroleum Exporting Countries (OPEC) has reported a decline in … Market Report (MOMR) by OPEC. The 64,000-bpd decline … two major economic threats as Brent crude prices tumble below $60 per … in oil prices caused by OPEC+ boosting supply and slowing …

  • Saudi Aramco first-quarter profit down 4.6% on lower oil prices 11 May 2025 07:40 GMT

    … same quarter of previous year.” Brent crude futures remain extremely volatile on … energy demand, even as the Opec+ alliance of oil producers increases … ;s results come as the Opec+ group announced a supply boost …

  • Saudi oil giant Aramco announces first-quarter profits of $26 billion, down 4.6% from a year earlier 11 May 2025 06:12 GMT

    … -quarter results comes as the OPEC+ alliance has ramped up oil … said in a statement. Benchmark Brent crude traded Friday at over $63 …

  • Oil falls 1% as OPEC+ increases production 07 May 2025 18:43 GMT

    …  US crude stockpiles, after several OPEC+ members suggested accelerating output hikes … 12:08 am ET, while Brent crude for July's deliveries …

  • Counter-intuitive: Why Opec wants lower oil prices 07 May 2025 13:51 GMT

    … , Riyadh has been voting at Opec+ meetings for higher production for … before, launching price wars against Opec cheaters in 1985-86, 1998 … to be aiming to keep Brent crude below $70 a barrel, and … the last meeting of eight Opec+ countries, which happened on 5 …

  • Power Up: OPEC+ rolls out the barrels 07 May 2025 04:19 GMT

    … today after the Organization of the Petroleum Exporting Countries and allies decided … prolonged lower price environment. Brent crude futures were trading at … British thermal units. OPEC+ agrees to speed … keep energy prices low. OPEC+, which includes allies …

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