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OPEC Production Cut News Monitoring

  • Published on May 23, 2025

    Oil Prices Fall amid Reports of Possible Increase in OPEC+ Production

    Fri 23 May 2025 | 03:21 AM Oil prices fell on Thursday as investors assessed a report that the OPEC+ alliance is discussing a production increase for July, raising concerns that global supply could outpace demand growth. Brent crude futures fell 1.02% to $ …

    Source: Sada Elbalad - Gov't Propaganda
  • Published on May 23, 2025

    The Commodities Feed: Noise Around OPEC+ Production Increases

    Thursday, May 22, 2025 9:50 PM EDT Image Source: Unsplash Energy – OPEC+ output policy   The oil market is under renewed pressure as noise builds around what OPEC+ will do with their July output levels. There are reports suggesting the group is considering …

    Source: myMotherLode - Pending
  • Published on May 23, 2025

    Oil prices fall amid talks of OPEC+ production increase in July

    Oil prices declined on Thursday as investors reacted to reports that OPEC+ is considering increasing production in July, raising concerns that global supply may surpass demand growth. Brent crude futures dropped 66 cents, or 1.02%, to $64.25 a barrel by …

    Source: Profit by Pakistan Today - Neutral
  • Published on May 23, 2025

    Energy Markets Confront Era Of Weakening Oil Consumption

    SAN DIEGO, CALIFORNIA - MAY 3: Traffic backs up on southbound Interstate 805 as people are about to ... More enter Tijuana, Mexico at the Otay Mesa Port of Entry on May 3, 2025 in San Diego, California. (Photo by Kevin Carter/Getty Images)Getty Images …

    Source: Forbes - Neutral
  • Published on May 24, 2025

    FTSE falls as economists push back bets on rate cuts

    “We should probably expect a similar decision from both Adidas and Puma because ... this is not Nike-specific, it is an industry issue. Everyone will be impacted by the tariffs,” Mr Krankowski added. Donald Trump has imposed a blanket 10pc tariff on all …

    Source: Yahoo Finance - Center-left
  • Published on May 23, 2025

    Oil gains on short-covering, nuclear talks

    [HOUSTON] Oil prices gained on Friday (May 23) as US buyers covered positions ahead of the three-day Memorial Day weekend amid worries over the latest round of nuclear talks between American and Iranian negotiators. Brent crude futures settled at US$64.78 …

    Source: The Business Times Singapore - Neutral
  • Published on May 23, 2025

    Oil prices rise ahead of Memorial Day weekend amid US-Iran nuclear talks

    Oil prices rose on Friday as U.S. buyers covered positions ahead of the three-day Memorial Day weekend amid concerns over ongoing nuclear talks between the U.S. and Iran. Brent crude futures closed at $64.78 a barrel, up 34 cents or 0.54%, while U.S. West …

    Source: Profit by Pakistan Today - Neutral
  • Published on May 23, 2025

    Oil falls on stronger US dollar, possibility of higher OPEC+ output

    Oil prices slipped on Friday, weighed down by a stronger U.S. dollar and the possibility that OPEC+ will further increase its crude oil output. Brent futures fell 37 cents to $64.07 a barrel by 0015 GMT. U.S. West Texas Intermediate crude futures lost 39 …

    Source: Channel News Asia - Pro-Government
  • Published on May 23, 2025

    OPEC Secretary General Warns Against a Hasty Farewell to Oil

    Despite worldwide investment in renewable energies, the Organization of the Petroleum Exporting Countries (OPEC) does not foresee a decline in global demand for oil in the coming decades. Haitham Al Ghais, Secretary General of OPEC, emphasizes in an …

    Source: Vindobona - Neutral
  • Published on May 23, 2025

    Can OPEC+ Reclaim Market Share From U.S. Shale?

    Can OPEC+ Reclaim Lost Market Share from Shale? - As OPEC+ members are expected to gather for their monthly ministerial meeting on June 1, another expedited production hike of 411,000 b/d is on the table, in line with Saudi Arabia’s stated intent to …

    Source: Oil Price - Neutral
  • Published on May 23, 2025

    Trump's EU Tariff Threat Puts Oil Prices Under Pressure

    Trump's threat to place a 50% tariff on the EU has renewed demand concerns in oil markets, with both Brent and WTI set to finish the week lower. Friday, May 23rd, 2025  What seemed to be a much-needed rangebound trading week with ICE Brent hovering …

    Source: Oil Price - Neutral
  • Published on May 23, 2025

    USD continues to slip while Bonds edge higher awaiting Fed speak; Trump is pushing the EU to cut tariffs or face extra ...

    US President Trump is pushing the EU to cut tariffs or face extra duties with US negotiators to tell Brussels they expect unilateral concessions, according to FT. European and US equity futures are trading mixed and generally reside on either side of the …

    Source: Zero Hedge - Right-wing
  • Published on May 23, 2025

    Oil Under Pressure as OPEC+ Signals Market Share Pivot for July Output

    Oil prices came under pressure yesterday, and in early morning trading today, amid increasing noise around OPEC+ production policy for July Energy – OPEC+ Output Policy The oil market is under renewed pressure as noise builds around what OPEC+ will do with …

    Source: Investing - Neutral
  • Published on May 23, 2025

    Oil slides on Trump tariff threats and OPEC+ supply expectations

    Oil prices dropped by 1 per cent on Friday and were set for their first weekly decline in three weeks as US President Donald Trump recommended a 50 per cent tariff on the European Union and expectations rose that OPEC+ will increase crude output further in …

    Source: Cyprus Mail - Indeterminate
  • Published on May 23, 2025

    Oil Prices Drop Ahead of Trump’s Proposed Tariff on EU Goods

    LONDON, May 23 (Reuters) – Oil prices declined nearly 2% on Friday, marking the first weekly drop in three weeks. This downturn follows U.S. President Donald Trump‘s recommendation to impose a 50% tariff on goods from the European Union. Brent crude …

    Source: Times News Global - Pro-Government
  • Published on May 23, 2025

    Oil slides nearly 2% as Trump recommends 50% EU tariff

    LONDON - Oil prices dropped by nearly 2% on Friday and were set for their first weekly decline in three weeks after U.S. President Donald Trump recommended a 50% tariff on the European Union. Brent crude futures fell $1.03, or 1.6%, to $63.41 a barrel by …

    Source: Zawya - Indeterminate
  • Published on May 23, 2025

    Oil Set for Weekly Dip on OPEC+ Output Plans

    Crude oil prices were set for a weekly decline today, following a report that OPEC+ was planning to add another 411,000 barrels daily to its output in July in an extension of its accelerated rollback of output controls. At the time of writing, Brent crude …

    Source: Oil Price - Neutral
  • Published on May 23, 2025

    European equity futures higher, DXY lower; reports suggest Trump is pushing the EU to cut tariffs or face extra duties - ...

    APAC stocks were mostly in the green albeit with gains in the region capped following the indecisive performance stateside. US President Trump and Chinese President Xi have not spoken since the Geneva agreement, according to CNN. US President Trump is …

    Source: Zero Hedge - Right-wing
  • Published on May 22, 2025

    UK petrol prices poised to fall further as oil production may be stepped up

    Global oil prices have tumbled by more than $1 a barrel in a sign that pressure on households at the petrol pumps could ease further. The price of Brent crude fell to $63.86 a barrel on Thursday following reports that the Opec oil cartel and its allies may …

    Source: The Guardian - Center-left

01 days 14:00:56

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