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A service for energy industry professionals · Friday, May 23, 2025 · 815,382,335 Articles · 3+ Million Readers
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Texas Oil & Gas Newswire

  • Published on 01:03 GMT

    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 01:01 GMT

    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 22, 2025

    Gas prices this Memorial Day weekend could be cheapest since 2021

    Good news for the nearly 40 million Americans expected to hit the road this Memorial Day weekend: Gas prices are likely to at their lowest level since 2021, industry estimates show. Motorists can expect to spend an average of $3.08 for a gallon of regular …

    Source: CBS News - Neutral
  • Published on 02:15 GMT

    Environmental groups sue to stop controversial biofuel refinery on Columbia River

    Environmental groups on Thursday filed a legal challenge to reverse a key permit for a proposed $2.5 billion biofuel refinery along the Columbia River over concerns it could pollute the water and harm salmon and other fish. The NEXT Renewable Fuels …

    Source: OregonLive.com - Neutral
  • Published on 09:00 GMT

    Oil prices fall as OPEC+ mulls July output hike

    Oil prices have declined, as OPEC+ members consider an oil production surge for the third consecutive month. Brent crude futures had dropped by 0.68% to US$64.00 by 3 pm (AEST), while West Texas Intermediate crude futures fell by 0.74% to $60.75. This is …

    Source: Azzet - Pending
  • Published on 06:39 GMT

    Oil on track for first weekly loss since April

    Singapore — Oil prices dropped for a fourth consecutive session on Friday and were set for their first weekly decline in three weeks, weighed down by renewed supply pressure from another possible Opec+ output hike in July. Brent futures fell 31c, or 0.5%, …

    Source: Business Day - Neutral
  • Published on 05:31 GMT

    Can Big Oil turn the US into a lithium giant?

    Just over a century ago, an oil discovery near El Dorado in south-west Arkansas sparked a drilling frenzy that played a part in establishing the country as a global energy superpower. At its peak the town, which styles itself “Arkansas’ Original Boomtown”, …

    Source: The Financial Times - Neutral
  • Published on 01:12 GMT

    Oil set for weekly drop as OPEC+ weighs another big supply hike

    (Bloomberg) — Oil headed for its first weekly decline in three, as OPEC+ weighed another bumper production increase that could add supplies into a market already expected to face a glut. Most Read from Bloomberg Brent (BZ=F) fell toward $64 a barrel, …

    Source: Yahoo Finance - Center-left
  • Published on May 22, 2025

    The Texas of Canada plans a long-shot bid to secede

    While the likelihood of such a divorce happening is slim -- Canada’s Constitution would have to be amended, among other obstacles -- the momentum to put the question on the ballot points to deep grievances bubbling to the surface. (Some Albertans actually …

    Source: The Boston Globe - Massachusetts - Neutral
  • Published on May 22, 2025

    Oil prices settle down on potential further increase in Opec+ output

    [HOUSTON] Oil prices settled lower on Thursday as investors weighed a report that Opec+ is discussing a production increase for July, stoking concerns that global supply could outpace demand growth. Brent futures settled down 47 cents, or 0.72 per cent, to …

    Source: The Business Times Singapore - Neutral
  • Published on 08:05 GMT

    Oil prices falls as OPEC+ considers output hike before US-Iran talks

    By Tina Teng Published on 23/05/2025 - 8:14 GMT+2 Crude oil prices fell for a third consecutive trading day on Thursday ahead of the US-Iran nuclear talks. Traders are growing concerned about the possible return of oil supply from Iran, which holds …

    Source: Euronews - Neutral
  • Published on 07:45 GMT

    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 08:51 GMT

    Oil prices drop for the first time since April due to OPEC+ production increase prospects

    The oil price dropped for a 4th consecutive session on the Friday, and was set to experience their first weekly drop in three weeks. This was due to renewed pressure from supply, resulting from a possible OPEC+ production increase in July. Brent futures …

    Source: World Energy News - Connecticut - Pending
  • Published on 05:52 GMT

    Crude oil futures fall on reports OPEC+ may increase supply in July

    Crude oil futures traded lower on Friday morning after a media report said that the OPEC+ (Organisation of the Petroleum Exporting Countries and allies) is considering an increase in production in July. At 9.57 am on Friday, July Brent oil futures were at …

    Source: The Hindu Business Line - Neutral
  • Published on 02:56 GMT

    Oil Extends Losses As Investors Weigh Possible OPEC Output Increase

    Meanwhile, Chevron braces for ouster from Venezuela: File Image/Pixabay Oil on Thursday ignored geopolitical tensions and extended its downward trajectory, with traders citing the same reasons of stockpile builds in the U.S. and the perception of …

    Source: Ship & Bunker - Neutral
  • Published on 01:53 GMT

    West Texas turns to data | How rural communities are tapping into the digital boom

    Data centers are popping up across rural Texas. Locals say it's more than tech—it's a chance to grow jobs, retrain workers and redefine the West Texas economy. In the heart of West Texas, where oil rigs and cotton fields have long defined the …

    Source: NewsWest9 - Texas - Pending
  • Published on 03:55 GMT

    Gas Prices Hold Steady Ahead of Memorial Day Weekend

    The national average for a gallon of regular remained the same as the previous week at $3.19, welcome news for the record number of drivers heading out of town for the long holiday weekend. The chart below shows just how little the national average has …

    Source: Newport Buzz - Rhode Island - Neutral
  • Published on May 22, 2025

    Gas price outlook for summer & Memorial Day weekend: Analyst

    00:00 Josh Lipton Well, we're approaching Memorial Day weekend, the unofficial start to the summer driving season. Naturally, gas prices top of mind for consumers as they face inflation pressures. For more now, we're bringing in Patrick De Haan, …

    Source: Yahoo Finance - Center-left
  • Published on May 22, 2025

    Texas bill would ban offshore wind farms in state waters from connecting to ERCOT’s grid

    Posted/updated on: May 22, 2025 at 2:36 pm AUSTIN – The Houston Chronicle reports that Texas lawmakers have advanced a bill to prohibit offshore wind turbines in the Gulf of Mexico from connecting to the state’s primary power grid through state waters. …

    Source: KTBB - Texas - Pending

03 days 18:50:08

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