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Analysis: OPEC+ production hikes could drive oil towards $60/barrel

Oil & Gas 360º

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Oil at $100 a barrel? U.S. role in Iran-Israel fight fuels market jitters

CNBC: Energy

role in Iran-Israel fight fuels market jitters Published Sun, Jun 22 2025 10:35 PM EDT Updated 2 Hours Ago Lee Ying Shan @in/ying-shan-lee @LeeYingshan WATCH LIVE Key Points Oil markets are entering a new phase of uncertainty after the U.S. Oil futures were up over 2% as of early Asia hours. WTI crude rose more than 2% to $75.22

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How Likely is $100 Oil in 2025?

Rigzone

per barrel and the WTI spot price will average $65.22 per barrel in 2025. per barrel and the WTI spot price will average $65.22 per barrel in 2025. per barrel in the third quarter of this year and $64.02 per barrel in the third quarter and $60.02 per barrel in the fourth quarter of 2025.

Oil
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Saudi Aramco posts revenue drop ahead of projected demand hike in second half

CNBC: Energy

Aramco posted a year-on-year drop in revenues amid lower crude prices in the second quarter. Logo of Aramco, officially the Saudi Arabian Oil Group, Saudi petroleum and natural gas company, seen on the second day of the 24th World Petroleum Congress at the Big 4 Building at Stampede Park, on September 18, 2023, in Calgary, Canada.

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Wink to Webster: The 1.5M bpd Superhighway Out of the Permian

Oil Gas Leads

The Wink to Webster Pipeline , operated by ExxonMobil , is one of the most critical crude oil transportation systems in North America, linking the prolific Permian Basin to key Gulf Coast refining and export hubs. Spanning over 640 miles with a 1.5 miles Current Permitted Mileage (2024): 521.71

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Tankers showing caution around Strait of Hormuz after U.S. attack on Iran nuclear sites

CNBC: Energy

Morteza Nikoubazl | Nurphoto | Getty Images "Some tanker owners may feel that China, who buys 90% of Iranian crude oil along with significant quantities of oil from the Middle East, is pressuring Iran not to disrupt shipping," Lipow added. In 2023, oil flows through the waterway averaged 20.9

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BofA: The Saudis are readying for a long oil price war

Oil & Gas 360º

Commodity experts began warning last year that Saudi Arabia was willing to ditch its traditional role as OPEC’s swing producer by abandoning its unofficial price target of $100 a barrel in favor of increased output. a barrel, while the spread between the December 2025 contract and the December 2026 contract widened by 10 cents to $0.53.

Oil