Oct 07, 2025 4:12 a.m.
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economy

Oil posted steep weekly loss as OPEC+ supply risks weighed on sentiment
06 Oct 2025 Oil prices edged higher on Friday but still registered their sharpest weekly decline in more than three months, as expectations of additional OPEC+ output and the restart of Kurdish exports
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03 Oct 2025

economy

Oil slumped to four-month low on oversupply fears ahead of OPEC+ meeting

The focus now shifts to Sunday’s OPEC+ gathering, where members are expected to consider raising output by as much as 500,000 barrels per day in November
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03 Oct 2025

economy

Berkshire Hathaway nears $10 billion deal for OxyChem

The sale would carve out one of the world’s largest standalone petrochemical companies. OxyChem generated nearly $5 billion in revenue in the 12 months to June 2025 and has been a key cash generator for Occidental.
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02 Oct 2025

economy

Oil drop to 16-week low on US shutdown and OPEC+ uncertainty

Oil prices fell for a third consecutive session on Wednesday, settling at their lowest levels in four months as a US government shutdown raised concerns over global growth
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02 Oct 2025

economy

EIA: Crude stock build as imports ticked higher, exports eased

US commercial crude inventories rose in the week ending 26 September, with resilient product demand offsetting an uptick in crude imports
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01 Oct 2025 Brent NYMEX

economy

Oil extended loses on OPEC+ supply concerns and Kurdish export resumption

Oil prices retreated on Tuesday as investors weighed the prospect of a supply glut amid signals that OPEC+ may accelerate production increases next month
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30 Sep 2025

economy

Oil declined 3% as OPEC+ output and Kurdistan flows weigh on market

OPEC+ is expected to approve a November output increase of at least 137,000 barrels per day, reflecting a strategic focus on regaining market share
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30 Sep 2025

economy

Official data: China’s manufacturing contraction eased in September as production strengthened

China’s manufacturing downturn eased in September, with official data showing the strongest factory momentum in six months despite activity remaining in contractionary territory.
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