Saturday, April 26, 2025

Tag: OPEC

Oil Prices Fall as OPEC+ Signals June Production Hike

Oil prices fell sharply after a surge due to U.S. sanctions on Iran, as OPEC+ considers increasing production rates in June.

Brent Crude Falls Below $65 as IEA Cuts Oil Demand Outlook

International oil prices fell as OPEC and IEA lowered global demand growth forecasts for this year and next, impacting market stability.

Brent Settles at $64.88 as OPEC Sees Slower Global Growth

Oil prices rose slightly as OPEC lowered its global demand growth forecast, reflecting concerns over economic uncertainty and trade disputes.

Oil Prices Sink 7% as Trade Tensions Raise Fears of Global Slowdown

Global oil prices fell sharply by 7% due to trade tensions and OPEC+ plans to boost production, hitting four-year lows.

Oil Slumps as Trump Ignites Trade War, OPEC Adds Fuel to Fire

Oil prices fell over 6% due to Trump's tariffs and OPEC+'s production increase, raising fears of recession and stagflation.

From Scarcity to Surplus: Global Oil Market Faces Radical Shift

The International Energy Agency (IEA) expressed serious concerns about oil oversupply on the 12th (local time). The agency warned that...