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Oil Demand News Monitoring

  • Published on Jul 5, 2025

    OPEC Agrees in Principle to Larger Than Expected Increase

    (Bloomberg) -- OPEC has agreed in principle to further accelerate its supply increases next month, delegates said, as the group led by Saudi Arabia seeks to reclaim market share. Eight key alliance members are expected to approve a larger-than-expected …

    Source: Mint - Neutral
  • Published on Jul 5, 2025

    Oil Prices Fall as OPEC+ Considers Supply Hike Amid Trade Tensions

    WTI dips below $67/barrel ahead of critical output decision Oil prices declined for a second consecutive session Friday, with West Texas Intermediate (WTI) crude falling below $67 per barrel amid expectations of increased OPEC+ supply and renewed …

    Source: News Ghana - Indeterminate
  • Published on Jul 5, 2025

    OPEC+ Will Significantly Increase Oil Production

    Reasons given. OPEC+ countries may increase oil production by 500 thousand barrels daily as early as in August. This could bring down prices on the market. According to Bloomberg. The OPEC+ member countries are considering further accelerating the recovery …

    Source: Charter 97 - Center-left
  • Published on Jul 5, 2025

    Saudi Arabia and UAE Non-Oil Private Sectors Thrive Despite The Volatile Middle East Geopolitics

    July 5, 2025 | Dubai, UAE – UAE non-oil private sector continues to perform and display growth, although that growth has remained steady but modest, mainly impacted by the unprecedented Middle East geopolitics in 2025. The 12-day Iran-Israel war was …

    Source: Times of Dubai - Pending
  • Published on Jul 5, 2025

    Eight OPEC+ Alliance Members Move Toward Output Hike At Meeting

    Saudi Arabia, Russia and six other key members of the OPEC+ alliance will discuss crude production on Saturday, with analysts expecting the latest in a series of output hikes for August. The wider OPEC+ group -- comprising the 12-nation Organization of the …

    Source: International Business Times - Center-left
  • Published on Jul 5, 2025

    More Losses For Oil As OPEC Meeting And Output Hikes Loom

    But Barclays forecasts an improved demand outlook: File Image/Pixabay Despite significant swings in oil trading of late, a bearish undercurrent has remained firm and reasserted itself on Friday with more losses for crude ahead of the expected output …

    Source: Ship & Bunker - Neutral
  • Published on Jul 5, 2025

    OPEC+ Poised For Fourth Consecutive Oil Hike

    (MENAFN- The Arabian Post) Arabian Post Staff -Dubai A coalition of eight OPEC+ nations is preparing to approve another increase in oil production for August, locking in a 411,000 barrels‐per‐day boost during their meeting on Saturday. The group-comprising …

    Source: MENAFN - Indeterminate
  • Published on Jul 5, 2025

    Crude Oil Prices May Rebound As Supply Stabilises, Geopolitical Tensions Ease

    (MENAFN- IANS) New Delhi, July 5 (IANS) Crude oil prices may see a recovery in the near term as positive signals emerge from the supply side and geopolitical tensions show signs of easing, experts said on Saturday. While demand concerns continue to weigh …

    Source: MENAFN - Indeterminate
  • Published on Jul 5, 2025

    OPEC+ may approve larger oil output hike for August at key policy meeting

    OPEC+ could agree to a larger oil output increase for August than the 411,000 barrels per day (bpd) hikes approved for May, June, and July, according to three sources familiar with the group’s internal discussions. Eight key members—Saudi Arabia, Russia, …

    Source: Profit by Pakistan Today - Neutral
  • Published on Jul 4, 2025

    Oil Prices Lower on Report US-Iran Nuclear Talks Will Restart

    Oil barrels stacked on each other by Kalulu via iStock August WTI crude oil (CLQ25) today are down -0.69 (-1.02%), and August RBOB gasoline (RBQ25) is down -0.0146 (-0.69%). Oil prices are trading lower after Axios reported that the US plans to restart …

    Source: Yahoo Finance - Center-left
  • Published on Jul 4, 2025

    Middle East Crude-Dubai, Murban decline; log weekly gains

    Middle East crude benchmark spot premiums in Dubai and Murban declined on Friday, but logged weekly gains due to healthy summer demand and supply concerns in the Middle East. Trading on the GME is closed on Friday because of the Independence Day holiday in …

    Source: Hellenic Shipping News - Neutral
  • Published on Jul 4, 2025

    I’d Buy This 6.8% Energy Stock Before Oil Prices Spike Again

    Source: Getty Images Written by Amy Legate-Wolfe at The Motley Fool Canada When oil prices swing, energy stocks usually aren’t far behind. And with tensions around global supply, Organization of Petroleum Exporting Companies’ (OPEC+) production cuts, and …

    Source: Yahoo Sports - Canada - Pending
  • Published on Jul 4, 2025

    ARA oil product stocks fall to 17-month low, Insights Global data shows

    Oil product stocks independently held in the Amsterdam-Rotterdam-Antwerp (ARA) refining hub fell by 3% on the week to their lowest since February 2024, data from Dutch consultancy Insights Global showed on Thursday. Total stocks stood at 5.34 million …

    Source: Hellenic Shipping News - Neutral
  • Published on Jul 4, 2025

    ‘The bubble had to burst’: the inside story of the Lindsey oil refinery collapse

    It was mid-April and the government had just finished nationalising British Steel, to prevent thousands of job losses at the Scunthorpe steelworks, when word reached Whitehall that another national infrastructure asset was wobbling. Prax Group, owner of …

    Source: The Guardian - Center-left
  • Published on Jul 4, 2025

    Weekly Tanker Market Monitor: Sudan Crude Oil Exports via Bashayer

    Since late April 2023, Sudan has been gripped by an internal conflict between the Sudanese Armed Forces (SAF) and the Rapid Support Forces (RSF), which has significantly disrupted crude oil exports via the Bashayer terminal. Although most of the crude, …

    Source: Hellenic Shipping News - Neutral
  • Published on Jul 4, 2025

    WTI Crude Oil Consolidates Near Key Support, OPEC+ Decision Looms

    Friday, July 4, 2025 12:20 PM EDT Image Source: Unsplash West Texas Intermediate (WTI) Crude Oil prices remain subdued on Friday, extending losses from the previous day and hovering near the mid-$65s amid thin holiday trading, lingering demand concerns, …

    Source: myMotherLode - California - Pending
  • Published on Jul 4, 2025

    Tanker Market: Iraq Crude Oil Exports Down So Far in 2025

    Iraq crude oil exports have kept on retreating during the first five months of 2025, continuing the downward trend of 2024 at a heightened pace. In its latest weekly report, shipbroker Banchero Costa said that “in Jan-Dec 2024, global crude oil loadings …

    Source: Hellenic Shipping News - Neutral
  • Published on Jul 4, 2025

    Oil Slips On Expected OPEC+ Hike, Demand Worries Linger

    Friday, July 4, 2025 9:40 AM EDT OPEC+ eyes fourth 411k bpd supply boost Risk of oversupply weighs on crude prices Brent could drop near $60 on larger hike Demand outlook dimmed by tariff concerns Oil benchmarks are trading lower as OPEC+ prepares for a  …

    Source: myMotherLode - California - Pending
  • Published on Jul 4, 2025

    Can renewables and electric vehicles help Australia unplug from imported oil?

    Every time a global conflict kicks off, its impacts can immediately hit close to home, at the petrol pump.  Last month was just the most recent example of this, with analysts warning the escalating conflict in the Middle East could see Australian prices …

    Source: ABC (Australian Broadcasting Corporation) - Neutral

01 days 22:50:05

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  • Published on July 3, 2025 - 10:54 GMT

    US crude supplies rise amid mixed petroleum data

    (MENAFN) U.S. crude oil refinery inputs averaged 17.1 million barrels per day (b/d) during the week ending June 27, increasing by 118,000 b/d compared to the previous week, according to a recent energy report. Refineries operated at 94.9 percent of …

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  • Published on July 3, 2025 - 09:38 GMT

    Oil Prices Fall After Israel, Iran Ceasefire

    (MENAFN) Oil prices plunged more than 12 percent last week, ending a three-week surge. Market experts anticipate they will level off close to the USD60 mark soon, provided a delicate ceasefire between Israel and Iran holds steady. Brent crude rose to USD77 …

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  • Published on July 2, 2025 - 10:37 GMT

    Oil Prices Drop After Israel-Iran Ceasefire

    (MENAFN) Oil prices dropped by more than 12% last week, breaking a three-week surge, with experts forecasting prices to stabilize near the $60 mark if the fragile ceasefire between Israel and Iran holds. Brent crude surged to $77.81 a barrel on June 23, …

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  • Published on July 1, 2025 - 17:37 GMT

    Polish energy firm stops oil imports from Russia

    (MENAFN) Polish energy company Orlen has officially halted all oil imports from Russia, marking the end of its contractual ties with Russian suppliers after its last agreement with oil giant Rosneft came to an end. According to reports, Orlen ceased …

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