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At Close: Jun 12, 2026
JP Morgan cuts oil price forecasts on weak demand, higher output
02:20pm, Monday, 14'th Apr 2025
JP Morgan on Monday lowered its oil price forecasts for 2025 and next year, citing higher production from OPEC+ and weaker demand.
Chevron-chartered vessel to complete oil cargo return in Venezuela, data and source say
01:30pm, Monday, 14'th Apr 2025
A vessel chartered by Chevron carrying some 500,000 barrels of Venezuelan oil is about to complete the discharge of the cargo at a Venezuelan port, according to shipping data and a source, following s
EU plan to end Russian oil and gas imports due out in May
12:22pm, Monday, 14'th Apr 2025
The European Commission will announce a more detailed strategy to phase out Russian oil and gas imports next month, it said on Monday, after twice delaying the plan.
EXCLUSIVE: Tariff Uncertainty Turns Traders Cautious — But Oil, Silver Might Be The Escape Hatch, Says Market Analyst
12:18pm, Monday, 14'th Apr 2025
Futures traders are navigating a minefield as new tariffs send shockwaves across equities, commodities and Treasuries.
OPEC cuts oil demand forecast, sees growing economic uncertainty on Trump trade war
09:50am, Monday, 14'th Apr 2025
OPEC sees President Donald Trump's tariffs weighing on crude oil demand and global economic growth. Key members of OPEC+ will accelerate oil production even as demand and economic growth soften.
Brent crude climbs 1% as BP and Shell track gains; OPEC trims demand outlook
09:31am, Monday, 14'th Apr 2025
Brent crude rose 1% on Monday, lifting shares in UK oil majors BP PLC (LSE:BP.) and Shell PLC (LSE:SHEL, NYSE:SHEL), even as OPEC lowered its forecast for global oil demand growth in 2025 and cut its
Crude Oil Price Outlook – Crude Continues to Build a Base
09:10am, Monday, 14'th Apr 2025
The oil markets look as if they are trying to figure out whether or not we just made a bottom. Remember, this is a process, and therefore it is likely that we will take some time in order to determine
ConocoPhillips Vs. Occidental: Both Ride The Oil Wave, Only One Is Shaping The Tide
08:28am, Monday, 14'th Apr 2025
JPMorgan's Arun Jayaram isn't sitting on the fence regarding oil giants jockeying for investor attention. He's got a clear favorite, and it's not Occidental Petroleum Corp OXY.
U.S. crude oil rises more than 1% after Trump exempts key tech products from tariffs
08:25am, Monday, 14'th Apr 2025
Trump has slapped 145% tariffs on China, while hitting pause on duties for most other countries for the next 90 days to allow negotiations.
OPEC Cuts Oil Demand Outlook Amid U.S. Tariff Hit Despite Surprise Output Hike
08:07am, Monday, 14'th Apr 2025
The Organization of the Petroleum Exporting Countries cut its forecast for oil demand growth just days after a surprise decision to boost output, citing the impact of U.S. tariffs on the global econom
OPEC cuts 2025 global oil demand growth forecast, citing US tariffs
08:05am, Monday, 14'th Apr 2025
OPEC cut its 2025 global oil demand growth forecast on Monday, citing the impact of data received for the first quarter and trade tariffs announced by the U.S., and also reduced its global economic gr
Russia sees stable oil exports and booming gas business by 2050
07:35am, Monday, 14'th Apr 2025
Russia, the world's second biggest oil exporter and the second largest natural gas producer, sees stable crude production and significant growth in natural gas production and exports over the next qua
Exclusive: Kazakhstan's oil output down in early April, still above OPEC+ quota, source says
06:32am, Monday, 14'th Apr 2025
Kazakhstan's oil output fell in the first two weeks of April from the March average, but is still above the OPEC+ quota it has pledged to meet after months of overproduction, an industry source told R
BP makes new oil discovery off US Gulf coast
05:03am, Monday, 14'th Apr 2025
BP made an oil discovery in the Far South field in the U.S. Gulf of Mexico, the UK-based oil major said on Monday.
BP Discovers Oil at U.S. Far South Prospect in Gulf of Mexico
04:47am, Monday, 14'th Apr 2025
Initial data shows high-quality reservoirs and a potentially commercial volume of hydrocarbons, the company said.
