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Eight OPEC+ Alliance Members Move Toward Output Hike At Meeting
05 Jul 2025 02:58 GMT
… members of the OPEC+ alliance will discuss crude production on … nation Organization of the Petroleum Exporting Countries (OPEC) and its allies … Oil prices have been hovering around a low $65-$70 per barrel … ;low inventories and solid demand as reasons for the …
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Saudi Arabia and UAE Non-Oil Private Sectors Thrive Despite The Volatile Middle East Geopolitics
05 Jul 2025 06:44 GMT
… short-term uncertainty, particularly affecting demand.”
He associated the fall with … new projects and an enhanced demand for products and services.
Recently … .2% after the unwinding of OPEC+ oil production cuts. This is a …
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Oil falls slightly ahead of expected Opec+ output increase
04 Jul 2025 22:32 GMT
… 30 a barrel while US West Texas Intermediate (WTI) crude was … . Eight Opec+ countries are likely to make another oil output increase … White House on Friday.
Crude prices also came under pressure … US$70 a barrel for 2026 on an improved demand outlook. REUTERS
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More Losses For Oil As OPEC Meeting And Output Hikes Loom
05 Jul 2025 02:23 GMT
… with more losses for crude ahead of the expected … the Organization of the Petroleum Exporting Countries (OPEC).
Both pundits and … suggest accelerated swelling in global oil reserves."
Friday… to $70 per barrel for 2026 on an improved demand outlook.
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OPEC+ may approve larger oil output hike for August at key policy meeting
05 Jul 2025 00:07 GMT
… this year, OPEC+—which comprises the Organization of the Petroleum Exporting Countries … . Despite concerns that additional barrels would weigh on oil prices, the group … ’s oil and is keen to assert its influence as global demand …
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Oil Prices Lower on Report US-Iran Nuclear Talks Will Restart
04 Jul 2025 23:12 GMT
Oil barrels stacked on each other by Kalulu via iStock August WTI crude oil … another output hike for OPEC+ crude production in August, when … until September 2026. OPEC June crude production rose +360, … sign of stronger gasoline demand. Oil prices continue to be …
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Middle East Crude-Dubai, Murban decline; log weekly gains
04 Jul 2025 23:11 GMT
… gains due to healthy summer demand and supply concerns in … cents to $3.12 a barrel.
NEWS
The U.S. imposed … state oil company Petroecuador declared force majeure on all operations, including crude … Freight rates for ESPO Blend crude shipped from the Russian port …
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ARA oil product stocks fall to 17-month low, Insights Global data shows
04 Jul 2025 22:37 GMT
Oil product stocks independently held in … 774,000 tons on firmer demand.
Fuel oil stocks dropped over 8% to …
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Weekly Tanker Market Monitor: Sudan Crude Oil Exports via Bashayer
04 Jul 2025 22:04 GMT
… which has significantly disrupted crude oil exports via the Bashayer … exports reached 7 million barrels in May and climbed … demand, particularly in the Aframax and Suezmax segments. Sudanese crude … , primarily to the Fujairah refinery) and Malaysia (24%, …
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Tanker Market: Iraq Crude Oil Exports Down So Far in 2025
04 Jul 2025 22:04 GMT
… even worse, with global crude oil loadings in Jan-May 2025 … terms of demand, the top seaborne importer of crude oil in Jan- … second largest seaborne exporter of crude oil in the Arabian Gulf after … for 8.2% of global crude oil loadings. This only covers …