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A service for energy industry professionals · Monday, July 7, 2025 · 829,126,166 Articles · 3+ Million Readers
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Oil Demand News Monitoring

  • Published on 14:19 GMT

    Mideast Stocks: Most Gulf markets gain on US trade progress

    Most Gulf equities ended higher on Monday as U.S. President Donald Trump signalled progress on multiple trade agreements and announced extended tariff reprieves for several countries. The White House is close to finalising several trade agreements in the …

    Source: Zawya - Indeterminate
  • Published on 16:08 GMT

    Hazmat Packaging Market to Grow from $10.2 Billion in 2021 to $17.2 Billion by 2031

    Hazmat Packaging Market Research: 2031, Allied Market Research WILMINGTON, DE, UNITED STATES, July 7, 2025 /⁨EINPresswire.com⁩/ -- Market Overview The global hazmat packaging market, valued at $10.2 billion in 2021, is projected to reach $17.2 …

    Distribution channels: Food & Beverage Industry, Healthcare & Pharmaceuticals Industry ...
  • Published on 11:58 GMT

    First Thing Today | Heavy post-holiday selling in grains overnight

    Good morning! Heavy pressure on grains overnight... Corn, soybeans and wheat faced heavy selling overnight coming out of the holiday weekend. As of 6:30 a.m. CT, corn futures are trading 12 to 13 cents lower, soybeans are 19 to 20 cents lower, winter wheat …

    Source: Profarmer - Pending
  • Published on 10:58 GMT

    India retains fastest growing economy tag with 6.5% GDP surge in FY25

    India has recorded a robust 6.5 per cent GDP growth in fiscal 2025 (FY25), maintaining its position as the fastest growing major economy amid global economic uncertainties. The Reserve Bank of India (RBI) expects the same growth rate to continue in fiscal …

    Source: Fibre 2 Fashion - Pending
  • Published on 17:12 GMT

    London stocks turn weaker amid fresh tariff concerns

    The FTSE 100 index slipped 0.19% to close at 8,806.53 points, while the FTSE 250 dipped 0.09% to 21,538.48 points. In currency markets, sterling was last down 0.1% on the dollar to trade at $1.3636, as it gained 0.28% against the euro, changing hands at €1 …

    Source: ShareCast - Neutral
  • Published on 10:12 GMT

    Ship Attacked in the Red Sea

    A bulk carrier came under fire in the Red Sea this weekend, with gunfire, missiles, and drones used against it by crews on small boats, The National reported today, citing shipping companies. The incident happened near the port city of Hodeidah in Yemen. …

    Source: Oil Price - Neutral
  • Published on Jul 5, 2025

    OPEC+ to boost oil production by 548,000 barrels per day in August

    NEW YORK (AP) — Eight members of the OPEC+ alliance of oil exporting countries say they will boost production by 548,000 barrels per day in August in a move that could further reduce gas prices this year. The group that includes Saudi Arabia and Russia …

    Source: Associated Press - Neutral
  • Published on Jul 3, 2025

    Chinese Oil Demand Peak Nears Due to EVs, Trade War

    Peak oil demand in China could be coming sooner than expected. The Asian giant continues to rapidly electrify its transportation sector, hitting demand for refined products, while its demand growth for petrochemical feedstock is at risk of slowing. Trade …

    Source: Energy Intelligence - Pending
  • Published on 07:49 GMT

    Naira Seen Gaining Ground As Forex Liquidity Improves – Analysts

    The value of the naira is expected to remain stable hovering within the N1,500 to the dollar benchmark buoyed by improving foreign exchange liquidity, rising investor confidence, and targeted Central Bank interventions, according to analysts and market …

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

    OPEC+ to boost crude oil production in August

    A gas flame is seen in the desert at Khurais oil field, about 100 miles from Riyadh, Saudi Arabia. File photo by Ali Haider/EPA July 5 (UPI) -- Eight OPEC+ nations on Saturday agreed to increase their crude oil production by 548,000 barrels per day …

    Source: United Press International (UPI) - Neutral
  • Published on Jul 5, 2025

    OPEC+ Surprises With Oversized Output Hike

    OPEC+ will ramp up oil production more aggressively than anticipated in August, accelerating the rollback of its 2023 voluntary supply cuts in a bid to capture market share amid peak summer demand. At a virtual meeting Saturday, eight core members led by …

    Source: Oil Price - Neutral
  • Published on Jul 5, 2025

    OPEC+ speeds up oil production: 548,000 barrels per day added for august

    OPEC+ has decided to increase oil production by 548,000 barrels per day (bpd) in August. The move comes after recent market disruptions caused by U.S. and Israeli attacks on Iran. This is OPEC+’s first meeting since those events and reflects a major shift …

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

    OPEC+ Will Boost Supply Even Faster With Larger August Hike

    (Bloomberg) -- OPEC+ will increase production even more rapidly than expected next month, as the group led by Saudi Arabia seeks to capitalize on strong summer demand in its move to reclaim market share. Most Read from Bloomberg Eight key alliance members …

    Source: Yahoo Finance - Center-left
  • Published on 07:22 GMT

    Indian Markets Cautious As US Tariff Jitters Weigh On Sentiment; FMCG Stocks Shine

    While reports of a likely US-India mini trade agreement within days offered a silver lining, a fresh tariff warning from US President Donald Trump aimed at BRICS nations added to the geopolitical overhang. Indian markets opened on a cautious note on Monday …

    Source: myMotherLode - California - Pending
  • Published on Jul 5, 2025

    Crude ouput: OPEC+ opens oil tap wider before planned August hike, raising fears of price fall

    OPEC+ will raise oil production faster than earlier planned in August, with eight key alliance members agreeing to increase output by 548,000 barrels a day, delegates said on Saturday after a virtual meeting. This is higher than the 411,000-barrel hikes …

    Source: The Economic Times - Center-right
  • Published on 06:45 GMT

    Market going to be volatilie this week: Seth Freeman

    Seth R Freeman, GlassRatner Advisory, says after July 4 holidays market volatility is anticipated as it typically brings lower trading volumes, amplifying price movements. The potential imposition of trade tariffs, initially set for July 9th but possibly …

    Source: The Economic Times - Center-right
  • Published on Jul 5, 2025

    Opec+ agrees bigger-than-expected oil output increase in August

    Opec+ has agreed to a larger-than-anticipated increase in its monthly oil output, by 548,000 barrels per day, for August. The decision comes despite demand concerns stemming from America's push for tariffs and the slowing global economy. The decision …

    Source: The National News - Pro-Government
  • Published on Jul 5, 2025

    Economist Questions Demand-Driven Viability of Ghana’s 24-Hour Economy

    University of Ghana political scientist Dr. Joshua Zaato has challenged the foundational logic of Ghana’s 24-Hour Economy policy, arguing that incentives alone cannot sustain round-the-clock operations without underlying consumer demand. Speaking on TV3’s  …

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

    Opec+ affirms healthy economic outlook as it increases oil output in August despite global uncertainty

    Muscat: The Opec+ alliance — led by Saudi Arabia and Russia — agreed to boost oil production by 548,000 barrels per day for August 2025. This marks the fourth consecutive monthly increase, but significantly exceeds the earlier monthly hikes of 411,000 …

    Source: The Arabian Stories - Pro-Government

07 days 09:30:11

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  • Published on July 7, 2025 - 10:49 GMT

    China reconsiders recent Russian mega gas pipeline

    (MENAFN) China is showing renewed interest in Russia’s proposed Power of Siberia 2 gas pipeline, especially in light of recent tensions in the Middle East, the Wall Street Journal reported on Tuesday, citing Chinese government sources. The pipeline project …

    Distribution channels: ...
  • Published on July 7, 2025 - 10:50 GMT

    Indian refineries increase buying of Russian crude

    (MENAFN) India has emerged as the leading buyer of Russia’s seaborne Urals crude in 2025, accounting for 80% of total exports, Bloomberg reported, citing data from analytics firm Kpler. Two private Indian refineries—Reliance Industries and Nayara Energy— …

    Distribution channels: ...
  • Published on July 7, 2025 - 10:51 GMT

    OPEC+ Fast-Tracks August Oil Production

    (MENAFN) OPEC and its partner nations, collectively referred to as OPEC+, revealed on Saturday their plan to raise oil production by 548,000 barrels per day (bpd) in August—an accelerated increase compared to July’s 411,000 bpd rise. This move reflects the …

    Distribution channels: ...
  • Published on July 7, 2025 - 08:36 GMT

    German city demands return of Russian oil

    (MENAFN) Officials in the German town of Schwedt are urging the lifting of sanctions on Russian oil due to mounting difficulties at the local refinery that has traditionally relied on Russian crude, Politico reported on Friday, citing local sources. The …

    Distribution channels: ...
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