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Crude oil logs weekly decline on OPEC+ supply, US-China trade talks
26 Apr 2025 15:15 GMT
Oil prices edged higher on Friday but posted a weekly decline, under pressure from market expectations of oversupply and uncertainty around tariff talks between the U.S. and China.
Brent crude futures settled 32 cents higher at $66.87 a barrel, taking …
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Crude oil futures head for weekly loss
25 Apr 2025 07:43 GMT
… Ukraine.
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Crude oil futures traded higher on Friday … per cent, and June crude oil futures on WTI (West … boost the supplies of crude oil in the global market. … some OPEC+ members are planning for an increase in crude oil production …
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Oil Futures Rebound Despite US Crude Oil Inventory Rise
24 Apr 2025 14:39 GMT
… by additional output from some OPEC+ countries. The front-month … , April 23, that commercial crude oil stocks rose by 200,000 … continue increasing output, defying the OPEC+ position, as it … interests over those of the OPEC+ group when deciding on …
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Crude oil prices edge up after Wednesday’s fall
24 Apr 2025 14:12 GMT
… aggressive supply hikes from OPEC+. This comes after Kazakhstan … prioritise domestic interests over OPEC+ obligations.
Kazakhstan has … in June. Disagreement between OPEC+ members is a … in crude oil inventories in the US.
US commercial crude oil inventories …
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Crude Oil Slips as OPEC+ Disagreements Spark Fears of Supply Surge
24 Apr 2025 11:44 GMT
… aggressive supply hikes from OPEC+. This comes after … prioritise domestic interests over OPEC+ obligations. Kazakhstan has … tensions. Further disagreement between OPEC+ members is a clear … a modest increase in crude oil inventories, with stocks growing …
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Tariff Turmoil, and OPEC+ Anxiety Keep Pressure on Prices
25 Apr 2025 18:22 GMT
… for future oil demand.
OPEC+ Output Strategy Clouds Oil … after reports that several OPEC+ members may push for … uncertainty tied to Iran, looming OPEC+ production increases, and global … short-lived.
Weekly Light Crude Oil Futures
Trend Indicator Analysis
The …
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Crude Oil Prices Climb as Inventories Fall and Sanctions Tighten
23 Apr 2025 11:21 GMT
… with the latest oil news.
Crude oil prices saw a significant increase … ’s liquefied petroleum gas and crude oil export networks. Among those sanctioned … tightening of global oil balances. OPEC+ responses to these shifts are …
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Oil Set For Weekly Loss on OPEC+ Supply Rumors
25 Apr 2025 06:22 GMT
… the situation in Ukraine.
OPEC+ is considering adding more … 's bearish trend.
Crude oil prices were about to end … to be particularly bothersome for OPEC+, with its energy minister … statement cements our view that OPEC+ may implement another accelerated …
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60m barrels of crude oil unsold as local refineries suffer low supply
23 Apr 2025 06:48 GMT
… an analyst said.
The Crude Oil Refinery-owners Association of … not even meeting its OPEC production quota. For refineries … the importance of making crude oil available for local refineries. … the benefits of making crude oil available for local refineries …
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Kazakhstan’s OPEC+ defiance could push Saudi into a painful price war: Bousso
25 Apr 2025 02:16 GMT
… to Kazakhstan leaving the OPEC+ alliance unofficially led by … worst offender recently. Its crude oil production surged in March to … bpd, according to OPEC data.
The OPEC+ alliance has been … on Wednesday that several OPEC+ members will suggest accelerating …