Siim, Author at EmeraldBay Trading

Trump: Low Oil Prices Put U.S. In Good Negotiating Position With Russia

Julianne Geiger Julianne Geiger is a veteran editor, writer and researcher for Oilprice.com, and a member of the Creative Professionals Networking Group. More Info By Julianne Geiger – May 05, 2025, 2:38 PM CDT US President Donald Trump may have just said the quiet part out loud, answering analyst questions about the motivation behind OPEC’s […]

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Crude Oil prices stabilize after OPEC output hike sends barrel bids lower

Uncategorized / By Siim

Crude Oil prices are clawing back near-term losses sparked by a planned OPEC output increase. WTI briefly plunged below $65 per barrel as global glut fears resurface. OPEC is poised to reverse its self-imposed two-year production cut beginning in June. West Texas Intermediate (WTI) Crude Oil prices are stabilizing on Monday, clawing back near-term losses

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Goldman Sachs lowers oil forecast after OPEC+ boosts production: What to know

Uncategorized / By Siim

Why AL-Monitor? AL-Monitor is an award-winning media outlet covering the Middle East, valued for its independence, diversity and analysis. It is read widely by US, international and Middle East decision makers at the highest levels, as well as by media, thought and business leaders and academia. Live news & notifications Follow over 100 expert journalists

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Oil prices drop as OPEC+ accelerates output hikes, surplus looms

Uncategorized / By Siim

Oil prices fell by more than $1 a barrel on Monday to settle at multiyear lows, as an OPEC+ decision to expedite its output hikes stoked fears about rising global supply at a time when the demand outlook is uncertain. Brent crude futures settled at $60.23 a barrel, down $1.06, or 1.7%. U.S. West Texas

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Oil prices drop $2 with most Asian markets closed for holidays

Uncategorized / By Siim

Article content HONG KONG (AP) — Oil prices fell more than $2 a barrel early Monday after the OPEC+ group of oil producing nations said it plans to increase output. U.S. futures fell THIS CONTENT IS RESERVED FOR SUBSCRIBERS ONLY Subscribe now to read the latest news in your city and across Canada. Exclusive articles

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Oil price rollback for May 6

Uncategorized / By Siim

THERE will be a minimal oil price decrease on Tuesday, May 6, 2025. In their respective advisories, Pilipinas Shell, Caltex, Seaoil, Cleanfuel, and PetroGazz said there will be a P0.55 per liter price rollback for gasoline, P0.54 per liter on diesel, and P0.90 per liter on kerosene. The price adjustment will be implemented from 6

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Stocks may snap longest winning streak in 20 years as futures dip while OPEC+ crushes oil prices

Uncategorized / By Siim

The S&P 500 has rebounded to its pre-“Liberation Day” levels. Michael M. Santiago—Getty Images https://fortune.com/2025/05/04/stock-market-today-dow-futures-sp500-win-streak-oil-prices-opec/

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Crude oil price to average $64 per barrel in 2025 – World Bank

Uncategorized / By Siim

The price of crude oil is expected to average $64 per barrel in 2025, the World Bank has revealed in its April 2025 Commodity Markets Outlook. This is compared with $80.7 per barrel in 2024. The Bretton Woods institution is forecasting a further drop in the price of crude oil to an average of $60

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‎Oil prices fall, Brent crude posts over 8% weekly loss

Uncategorized / By Siim

Oil drilling rigs Oil prices dropped on Friday, posting weekly losses as investors await the outcome of the OPEC+ meeting tomorrow. This comes amid reports that member states are seeking to accelerate the pace of production increases. Brent crude futures for July delivery dropped 1.4% to $61.29 per barrel. The US West Texas Intermediate (WTI)

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OPEC+ crashed oil prices by hiking output in April. Here’s why it could do that again.

Uncategorized / By Siim

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OPEC+ crashed oil prices by hiking output in April. Here’s why it could do that again. Read More »

Author name: Siim

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