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OPEC & Crude Oil Newsletter
  • China Accelerates Crude Oil Stockpiling Amid Sanction Fears 10 May 2025 17:55 GMT

    … prolong this pattern. Significant crude oil buildup China experienced a … Saudi Arabia’s recent OPEC+ decision to boost June … encouraged to buy mainstream crude oil, according to Li.  … .  Consequently, Russian Arctic crude oil imports into China reached …

  • 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 … (MOMR), the country’s crude oil output dropped by 4.37% … in oil prices caused by OPEC+ boosting supply and slowing … that Nigeria’s daily average crude oil production in February fell by …

  • Iran Keeps Crude Oil Exports Flowing Amid Ongoing Sanctions - Minister 08 May 2025 11:41 GMT

    … that the country's crude oil exports remain strong despite increasing … of its efforts to expand crude oil production and exports. The … boosting Iran's crude oil exports will arise through investments … to the latest data from OPEC. This marks a slight …

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

    … opened this week. Brent crude oil prices fell on May … – the main U.S. crude oil benchmark – declined to $57… of overproduction. Periodically, when OPEC countries focus more on … macroeconomic conditions and expectations that OPEC+ will ramp up supply …

  • Crude oil prices are warning for global economy 08 May 2025 03:08 GMT

    … the global economy. Nearby crude oil futures are trading below … day. This increase in crude oil output is causing significant … in crude oil futures. The reasons for this move by OPEC+ seem … lower crude oil prices. The net benefit of lower crude oil prices …

  • Crude Oil Prices Plunge Below $60: What’s Next for Nigeria’s Economy and the Naira? 07 May 2025 17:16 GMT

    Recently, we saw crude oil prices dip below $60 per … slowed demand for oil. Additionally, OPEC+ countries have ramped up production …

  • Crude Oil Prices Rise as US-China Trade Talks Signal De-Escalation Hopes 07 May 2025 10:01 GMT

    Commodity markets are trading firmer amid news that US-China trade talks will kick off later this week. Energy: US-China Trade Talk Hopes Push Oil Higher News that the US and China will start trade talks this weekend has Brent crude trading higher, …

  • Crude oil futures gain as US and China prepare for talks  07 May 2025 05:58 GMT

    … China are major consumers of crude oil in the global market, … . Our oil balance assumes OPEC+ continues with aggressive supply … showed a decline in crude oil inventory levels in the … American Petroleum Institute (API), crude oil inventories in the US declined …

  • Relief felt by Australians as cost of crude oil drops to four year low 07 May 2025 04:30 GMT

    … and possibly on shop shelves. Crude oil, the fossil fuel pumped from … litres of diesel. "If crude oil keeps dropping and our fuel … of the powerful oil cartel OPEC+ decided to pump out 411 … that the falling price of crude oil will translate to some cost …

  • Texas oil drilling applications at 4-year low as producers consider OPEC+ increase, trade war 08 May 2025 22:46 GMT

    … due to concerns about rising OPEC+ supply and a trade … in demand for oil. OPEC+, the Organization of Petroleum … Energy Information Administration, Permian crude oil production accounted for approximately half … of all U.S. crude oil production in April. This …

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