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A service for energy industry professionals · Saturday, July 5, 2025 · 828,585,177 Articles · 3+ Million Readers
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Crude Oil Prices News Monitoring

  • Published on Jul 3, 2025

    World News | Pakistan Railways Announces Hike in Fares for Trains After Petroleum Prices Increase

    Islamabad [Pakistan], July 3 (ANI): The Pakistan Railways on Wednesday announced a hike in fares for passenger, express and mail trains, marking the second increase within 15 days, ARY News reported. The decision comes after the rise in prices of petroleum …

    Source: Latestly - Indeterminate
  • Published on Jul 3, 2025

    OPEC Reports a Global Oil Production Decline in 2024

    Global crude oil production declined by 1% last year, for the first time since 2020, averaging 72.58 million barrels daily, OPEC said in the latest edition of its Annual Statistical Bulletin. The group reported a decline in OPEC and partner production …

    Source: Oil Price - Neutral
  • Published on Jul 3, 2025

    Oil prices fall nearly 1% on US demand concerns

    International crude oil prices dropped Thursday morning due to weakening demand indicators from the US, reversing gains from the previous session, experts said. Crude oil inventory in the US rose by 3.8 million barrels to 419 million barrels in the week …

    Source: Mint - Neutral
  • Published on Jul 3, 2025

    Crude oil futures decline as US inventories increase

    Crude oil futures traded lower on Thursday morning after official data showed an increase in US crude oil inventory levels. At 9.54 am on Thursday, September Brent oil futures were at $68.60, down by 0.74 per cent, and August crude oil futures on WTI (West …

    Source: The Hindu Business Line - Neutral
  • Published on Jul 3, 2025

    The Mexican Press Reveals That Pemex Has Sent More Oil to Cuba, in Addition to Ammonia

    Since January, the Sheinbaum government has delivered more than one million barrels to the island. The Cuban-flagged oil tanker ’Sandino’ awaits a shipment of approximately 296,000 barrels of crude oil in Mexico / Shipspotting.com 14ymedio, Madrid, …

    Source: 14ymedio - Neutral
  • Published on Jul 3, 2025

    'We'll cross that bridge when we come to it': EAM S Jaishankar on US imposing 500% tariff on countries buying Russian ...

    External affairs minister S Jaishankar on Wednesday expressed "concerns" over the US threat to impose a 500 per cent tariff on countries buying products from Russia."Regarding Senator Lindsey Graham's bill, any development which is …

    Source: The Times of India - Center-right
  • Published on Jul 3, 2025

    Industry protests furnace oil tax hike

    ISLAMABAD: A day after the Finance Act 2025-26 came into effect, the oil industry has urged the government to withdraw the petroleum levy (PL) and climate support levy (CSL) totalling Rs84,742 per tonne on furnace oil (FO), warning that the move threatens …

    Source: Dawn - Center-left
  • Published on Jul 3, 2025

    Oil Surges As Iran Forbids Cooperation With UN Watchdog

    Meanwhile, U.S. crude stockpiles skyrocket: File Image/Pixabay Iran's sudden but hardly unexpected about face in refusing to cooperate with the United Nations nuclear watchdog caused oil prices on Wednesday to leap  forward by 3 percent, as …

    Source: Ship & Bunker - Neutral
  • Published on Jul 1, 2025

    Kerosene oil price increased by Rs15 per litre after petrol surge

    ISLAMABAD – Pakistani government announced big hike in kerosene oil in blow to low-income and rural communities. The Oil and Gas Regulatory Authority (OGRA) shared official notification confirming a Rs15.23 per liter increase in kerosene prices. With …

    Source: Daily Pakistan - Neutral
  • Published on Jul 3, 2025

    Neconde Seeks Liberalisation of Gas Prices to Attract Investment

    Emmanuel Addeh in Abuja Indigenous oil and gas company, Neconde Energy Limited, has urged the federal government to remove the cap on gas pricing in the country to attract more local and foreign investment into the sector. In an interview on the sidelines …

    Source: This Day - Pro-Government
  • Published on Jul 3, 2025

    Thai oil companies look for alternative markets after Cambodia ban

    A PTT station in Siem Reap province. The Kingdom’s ban on refined oil imports from Thailand is leading Thai oil companies to ship their products to other Asian countries. Khmer Times The Kingdom’s ban on refined oil imports from Thailand is leading Thai …

    Source: Khmer Times - Gov't Propaganda
  • Published on Jul 3, 2025

    Oil sector struggling with bureaucratic bottlenecks – Neconde Energy

    The oil and gas industry in Nigeria is facing significant challenges due to bureaucratic bottlenecks and a tough regulatory environment, according to Neconde Energy Limited, an indigenous operator. The company’s acting Managing Director and Gas Asset …

    Source: Punch - Indeterminate
  • Published on Jul 2, 2025

    Oil sales ignite in FY25

    Pakistan’s oil marketing companies (OMCs) posted a notable recovery in petroleum sales in FY25, signalling gradual stabilization in demand amid a complex macroeconomic environment. Total oil sales for the fiscal year reached 16.32 million tons, marking a 7 …

    Source: Business Recorder - Neutral
  • Published on Jul 3, 2025

    US crude and gasoline inventories rise, distillates draw down, EIA says

    U.S. crude oil and gasoline inventories rose unexpectedly last week, while distillate stockpiles fell, the Energy Information Administration (EIA) said on Wednesday. Crude inventories rose by 3.8 million barrels to 419 million barrels in the week ending …

    Source: Hellenic Shipping News - Neutral
  • Published on Jul 3, 2025

    New levies to raise fuel oil prices

    Listen to article ISLAMABAD: The Oil Companies Advisory Council (OCAC) has cautioned the Special Investment Facilitation Council (SIFC) that the climate support and petroleum levies on furnace oil have become effective from July 1, 2025, which will raise …

    Source: The Express Tribune - Indeterminate
  • Published on Jul 2, 2025

    Oil prices rise as Iran suspends cooperation with UN nuclear watchdog

    LONDON :Oil futures edged up on Wednesday as Iran suspended cooperation with the U.N. nuclear watchdog and markets weighed expectations of more supply from major producers next month while the U.S. dollar softened further. Brent crude added 56 cents, or 0. …

    Source: Channel News Asia - Pro-Government
  • Published on Jul 3, 2025

    Oil prices ease on US tariff uncertainty ahead of expected OPEC+ output boost

    By Nicole Jao NEW YORK (Reuters) -Oil prices fell slightly on Thursday as investors worried that U.S. tariffs could slow energy demand ahead of an expected supply boost by major crude producers. Brent crude futures settled 31 cents, or 0.45%, lower to $68. …

    Source: Yahoo Finance - Center-left
  • Published on Jul 3, 2025

    Standard Chartered: Oil Markets Can Easily Absorb Extra OPEC+ Barrels

    Oil markets kicked off the new year in a downbeat mood, with Wall Street analysts almost unanimously predicting a huge oversupply in 2025 even if OPEC+ did not add a single barrel back into the market. Well, it’s six months on, and oil markets have …

    Source: Oil Price - Neutral
  • Published on Jul 3, 2025

    BP, once a hunter in the oil industry, is now prey. What went wrong?

    LONDON – For months, speculation has been building that the London energy giant BP could be acquired by a competitor. Its lackluster returns and low share price have made it a tempting takeover target. An activist shareholder had built up a significant …

    Source: Kathimerini - Neutral

02 days 21:39:52

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