Saturday, July 19, 2025

Tag: OPEC

Oil Prices Climb After Saudi Arabia Hikes Export Rates

Saudi Arabia's surprise oil price hike boosts international oil prices, impacting markets and South Korea's oil imports significantly.

From Tensions to Tumbles: Oil Prices Sink While Iran Avoids Escalation

Oil prices dropped over 7% following Iran's airstrikes on U.S. bases, signaling a reluctance to escalate conflict despite tensions.

Brent and WTI Reach Multi-Week Highs Following Renewed Trade Talks

International oil prices rise for three consecutive days, driven by U.S.-China trade talks and hopes for increased demand.

OPEC+ Gains Nearly Erased by Canada’s Oil Crisis

Canadian wildfires cut crude oil production, raising prices amid OPEC+ increases and stalled U.S.-Iran nuclear talks.

WTI Slides to $60.94 as Traders Brace for OPEC+ Production Pivot

Oil prices fell despite a drop in U.S. inventories, influenced by expected OPEC+ output increases in an upcoming meeting.

WTI and Brent Crude Climb on Renewed Supply Fears

Oil prices surged due to supply concerns and geopolitical tensions, despite OPEC+ plans to maintain production levels.

OPEC+ Meeting Spurs Market Caution, Drives Oil Prices Lower

Oil prices fell as OPEC+ plans to boost output, with Brent crude at $64.09 and WTI at $60.89 per barrel amid rising supply expectations.

Oil Prices Slide for Third Day as U.S.-Iran Talks and OPEC+ Output Plans Weigh on Market

Oil prices decline as OPEC+ considers increasing output amid nuclear talks, settling at $64.44 for Brent and $61.20 for WTI.

Crude Prices Surge as Diamondback Warns of U.S. Production Decline

Oil prices surged after Diamondback Energy's CEO warned of U.S. production decline, amid rising OPEC+ output and demand concerns.

Oil Markets Recover: Brent and WTI Futures Edge Up After 2% Drop

Oil prices recovered despite mixed trade talks between the US and China, with Brent and WTI benchmarks rising after a prior decline.

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.