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Published on 01:17 GMT

Oil ticks up after hours on possibility of lower US tariff on Canadian oil

Trump says oil and gas tariffs will come around Feb 18 * Trump says he will probably bring tariffs down to 10% on Canadian oil * Russian sanctions dampen supply prospects * OPEC+ to discuss US output plans on Monday HOUSTON, Jan 31 (Reuters) - Oil prices …

Source: London South East - Neutral
Published on 04:49 GMT

Oil Rises, Speculation Hits Overdrive As Trump Delays Canadian Tariff

Meanwhile, Canada says it might do business with Venezuela instead of the U.S.: File Image/Pixabay U.S. president Donald Trump on Friday stating that he will likely lower his tariff against Canada's oil to 10 percent as well as delay its …

Source: Ship & Bunker - Neutral
Published on Jan 31, 2025

Oil set for weekly losses as Trump tariffs loom

By Arathy Somasekhar HOUSTON (Reuters) -Oil prices eased on Friday with U.S. President Donald Trump expected to announce new tariffs against Canada and Mexico that will begin on March 1, according to sources familiar with the planning. Brent crude futures …

Source: The Print - Neutral
Published on Jan 31, 2025

Factbox-US imports of Canadian and Mexican crude oil by company

NEW YORK (Reuters) - Many U.S. oil refiners rely heavily on imported crude because their facilities are configured to run heavier grades, such as those coming in from Mexico and Canada. Refiners are awaiting clarity and preparing for U.S. President Donald …

Source: Yahoo Finance - Label Pending
Published on 01:04 GMT

Oil posts weekly losses as US set to impose tariffs on Canada, Mexico

Oil prices eased on Friday (Jan 31) and closed the week lower as investors awaited 25 per cent tariffs by the US on Canada and Mexico, expected on Saturday. Brent crude futures for March, which expire on Friday, settled down 11 cents at US$76.76 a barrel. …

Source: The Business Times Singapore - Neutral
Published on Jan 31, 2025

Oil set for weekly losses as US set to impose tariffs on Canada, Mexico

By Arathy Somasekhar HOUSTON (Reuters) -Oil prices eased on Friday after the White House said U.S. will impose 25% tariffs on Canada and Mexico on Saturday. Brent crude futures for March, which expire on Friday, were down 7 cents at $76.81 a barrel by 1:38 …

Source: The Print - Neutral
Published on Jan 31, 2025

Oil Futures Down, Amid Tariffs Uncertainty

The expectation of higher tariffs on Canada and Mexico gave a boost to the U.S. Dollar Index compared to a basket of foreign currencies, as it climbed today by 0.55% to 108.19, its highest level in two weeks. The oil futures market also awaits the first …

Source: Progressive Farmer - Neutral
Published on Jan 31, 2025

Why Oil Prices Could Spike in February

Oil prices have fallen for the second consecutive week, but a major bullish catalyst may be looming in early February. Oil prices are set to finish this week some $2 per barrel lower than a week ago as the January ICE Brent futures contract expires just …

Source: Oil Price - Neutral
Published on Jan 31, 2025

All Eyes on OPEC+ Ahead of February Meeting

Crude oil prices remain under pressure this week as rising U.S. stockpiles and escalating trade tensions weigh on sentiment. A larger-than-expected build in crude inventories has reinforced demand concerns, while uncertainty over potential U.S. tariffs on …

Source: Oil Price - Neutral
Published on Jan 31, 2025

Goldman Sachs: Brent Crude Could Hit $93 if Sanctions Hit Iranian, Russian Oil

Goldman Sachs analysts predict Brent crude prices could temporarily surge to $93 per barrel if sanctions successfully curb oil exports from Iran and Russia by a combined 1 million barrels per day (bpd). In a note shared by Zerohedge on X, the bank outlined …

Source: Oil Price - Neutral
Published on Jan 31, 2025

Sources say that OPEC+ is unlikely to alter its output policy at the Monday meeting of the panel.

OPEC+ will not change its plans to gradually increase production when it meets Monday, delegates told the producer group. This is despite President Donald Trump's request to OPEC and Saudi Arabia, which is de facto leader, to lower prices. The top …

Source: World Energy News - Connecticut - Label Pending
Published on Jan 31, 2025

Amid Trump’s calls to “drill, baby, drill,” OPEC+ meets Monday to decide how it will respond

President Trump says he wants domestic oil producers to drill more wells and pump more oil. The idea is, more domestic oil supply would mean lower oil prices. But prices are already pretty low right now by recent standards. On Monday, members of the …

Source: Marketplace - Public Broadcaster
Published on Jan 31, 2025

Trump promised to lower gas prices. His tariffs could have the opposite effect.

Trump said he's planning tariffs on Canada and Mexico, which could risk higher gas prices. Most of US crude oil imports come from those two countries. Economists don't expect US drillers to boost production in order to keep prices down. President …

Source: Business Insider - Neutral
Published on Jan 31, 2025

Oil Futures Edged Down, Tariffs Concerns Persist

Yesterday, Trump confirmed that the United States will levy a 25% trade tariff on imported goods from its two main trade partners, Canada and Mexico. After the announcement, the U.S. dollar index gained ground against a basket of foreign currencies. This …

Source: Progressive Farmer - Neutral
Published on Jan 31, 2025

OPEC+ unlikely to change output policy when panel meets on Monday, sources say

OPEC+ is unlikely to alter existing plans to raise output gradually when it meets on Monday, delegates from the producer group told Reuters, despite U.S. President Donald Trump urging OPEC and its de facto leader Saudi Arabia to bring down prices. The …

Source: Zawya - Uncategorized
Published on Jan 31, 2025

Libya's state oil firm looks to boost output, transparency, new chairman says

Libya's National Oil Corporation (NOC) will focus on raising its output and transparency, new acting chairman Massoud Suleman told Reuters, as Africa's second-largest oil producer looks to recover from years of instability. The state firm oversees …

Source: Zawya - Uncategorized
Published on Jan 31, 2025

Oil Futures Steady as Market Braces for Tariff Deadline and OPEC+ Decision

Crude oil futures found some stability as traders remained cautious ahead of a crucial deadline for U.S. President Donald Trump’s tariff threat on Mexico and Canada. Both nations are key crude suppliers to the U.S., and the proposed 25% tariff on their …

Source: News Ghana - Uncategorized
Published on Jan 31, 2025

News Digest: Foreign Media on Shale Oil Production in Kazakhstan, EU-Central Asian Ties and More

ASTANA – The Astana Times has selected articles from global media outlets covering Kazakhstan. This week’s foreign media digest highlights shale oil production in Kazakhstan, EU-Central Asian relations and more. Astana. Photo credit: Shutterstock Chevron …

Source: The Astana Times - Gov't Propaganda
Published on Jan 31, 2025

Oil market in cautious mood ahead of tariffs deadline

Crude oil futures stabilized to a certain extent as markets could remain cautious ahead of the deadline for U.S. President Donald Trump’s tariffs threat on Mexico and Canada. Both countries are major crude exporters to the U.S. As a result, the proposed …

Source: LondonlovesBusiness - Label Pending

02 days 18:39:23

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Published on January 30, 2025 - 22:00 GMT

Baker Hughes Announces Fourth-Quarter and Full-Year 2024 Results

Fourth-quarter highlights Orders of $7.5 billion, including $3.8 billion of IET orders. RPO of $33.1 billion, including IET RPO of $30.1 billion. Revenue of $7.4 billion, up 8% year-over-year. GAAP diluted EPS of $1.18 and adjusted diluted EPS* of $0.70. …

Distribution channels: Business & Economy, Mining Industry ...
Published on January 30, 2025 - 21:01 GMT

Diamondback Energy, Inc. Announces Drop Down Transaction

MIDLAND, Texas, Jan. 30, 2025 (GLOBE NEWSWIRE) -- Diamondback Energy, Inc. (NASDAQ: FANG) (“Diamondback” or the “Company”) today announced that it has entered into a definitive purchase agreement with Viper Energy, Inc. (“Viper”), a subsidiary of …

Distribution channels: Banking, Finance & Investment Industry ...

Published on January 29, 2025 - 11:30 GMT

W&T Offshore Announces Initial Results of Cash Tender Offer and Consent Solicitation

HOUSTON, Jan. 29, 2025 (GLOBE NEWSWIRE) -- W&T Offshore, Inc. (NYSE: WTI) (“W&T” or the “Company”) announced today the initial results of its previously announced cash tender offer (the “Tender Offer”) relating to any and all of its outstanding 11. …

Distribution channels: ...
Published on January 29, 2025 - 11:45 GMT

W&T Offshore Announces Closing of $350 Million Senior Second Lien Notes Offering And Additional Strengthening of Balance ...

HOUSTON, Jan. 29, 2025 (GLOBE NEWSWIRE) -- W&T Offshore, Inc. (NYSE: WTI) (“W&T Offshore” or the “Company”) today announced the closing, on January 28, 2025, of its previously announced offering of $350 million in aggregate principal amount of 10. …

Distribution channels: Banking, Finance & Investment Industry ...

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This is a listing of the world’s TV stations, radio stations, newspapers, and blogs. Last update: 01/18/2025

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Published on February 1, 2025 - 01:10 GMT

Pipistrel Completes First eVTOL Flight of Nuuva V300 Cargo Drone

The Slovenian Nuuva V300 is designed to carry a 272kg (600lb) payload over a range of up to 300 nautical miles (555km) with a hybrid electric powertrain. PERTH, WESTERN AUSTRALIA, AUSTRALIA, February 1, 2025 /⁨EINPresswire.com⁩/ -- Slovenian …

Distribution channels: Aviation & Aerospace Industry, Business & Economy ...
Published on January 31, 2025 - 22:23 GMT

Opterro, Inc. and NeST Technology Enabled Services Partner to Bring Advanced Fiber-Optic Sensing Solutions to India

Opterro and NeST Group announce a strategic partnership to bring Opterro's innovative end-to-end sensing solutions to industries critical to the India's growth. SILICON VALLEY, CA, UNITED STATES, January 31, 2025 /⁨EINPresswire.com⁩/ -- …

Distribution channels: Aviation & Aerospace Industry, Energy Industry ...
Published on January 31, 2025 - 20:05 GMT

Inertia Resources, Inc. Expands Energy Services to New York, Names Timan Lee as Director of NY Business Development

NEW YORK CITY, NY, UNITED STATES, January 31, 2025 /⁨EINPresswire.com⁩/ -- Inertia Resources, one of the fastest-growing energy brokerage firms in the United States, is expanding its presence on the East Coast with newly acquired licensing in New …

Distribution channels: Banking, Finance & Investment Industry, Business & Economy ...
Published on January 31, 2025 - 18:50 GMT

RESTIV Technology Appoints Kent Breedlove as Chief Legal Officer and Head of Corporate Development

New leadership signals a bold step forward in strategic growth, partnerships, and innovation. CALGARY, ALBERTA, CANADA, January 31, 2025 /⁨EINPresswire.com⁩/ -- RESTIV Technology, a leader in cybersecurity and digital transformation, has named …

Distribution channels: Banking, Finance & Investment Industry, Energy Industry ...
Published on January 31, 2025 - 18:30 GMT

Alpha Platforms Revolutionizes Tower Contractor Operating Margins With Industry-First Lifts

Alpha Platforms will be showcasing its innovative technology at NATE Unite 2025, February 17–20 at the Raleigh Convention Center, Raleigh North Carolina. RALEIGH, NC, UNITED STATES, January 31, 2025 /⁨EINPresswire.com⁩/ -- Alpha Platforms …

Distribution channels: Building & Construction Industry, Conferences & Trade Fairs ...
Published on January 31, 2025 - 18:15 GMT

Xraised Exclusive: Brian Morin on Revolutionizing Lithium-Ion Battery Cycle Life with Soteria Technology

GREENVILLE, SC, UNITED STATES, January 31, 2025 /⁨EINPresswire.com⁩/ -- Xraised recently hosted an enlightening interview with Dr. Brian Morin, CEO of Soteria Battery Innovation Group, a trailblazer in lithium-ion battery innovation. During the …

Distribution channels: Building & Construction Industry, Business & Economy ...
Published on January 31, 2025 - 17:42 GMT

Indra Energy Announces Chris Smith as New Vice President of Commercial Sales

Mr. Smith will be responsible for growing Indra Energy’s commercial business, as well as Indra’s partner company, CGE Renewables. PHILADELPHIA, PA, UNITED STATES, January 31, 2025 /⁨EINPresswire.com⁩/ -- Indra Energy, a leading renewable energy …

Distribution channels: Business & Economy, Companies ...
Published on January 31, 2025 - 17:42 GMT

Michigan Municipalities Demand Action: Support for House Bills 4027 & 4028 to Restore Local Zoning, End State Overreach

Municipalities are standing together in support of House Bills 4027 and 4028, marking a pivotal effort to restore local control over renewable energy projects. LANSING, MI, UNITED STATES, January 31, 2025 /⁨EINPresswire.com⁩/ -- The people of …

Distribution channels: Agriculture, Farming & Forestry Industry, Building & Construction Industry ...
Published on January 31, 2025 - 15:00 GMT

ReElement Technologies Expands Supply Partnership to Refine Antimony-Bearing Ore for Defense and Commercial Markets

ReElement is developing an optimized flow sheet to refine antimony(III) sulfide or antimony(III) oxide in the US for commercial and defense applications FISHERS, IN, UNITED STATES, January 31, 2025 /⁨EINPresswire.com⁩/ -- ReElement Technologies …

Distribution channels: Automotive Industry, Chemical Industry ...
Published on January 31, 2025 - 14:30 GMT

Encolor’s Quinn Parker Honored with the 2025 Champion of Energy Equity Award by the Midwest Energy Efficiency Alliance

CHICAGO , IL, UNITED STATES, January 31, 2025 /⁨EINPresswire.com⁩/ -- The Midwest Energy Efficiency Alliance (MEEA) has announced Quinn Parker, Founder and CEO of Encolor, as the recipient of the 2025 Champion of Energy Equity Award. This …

Distribution channels: Energy Industry ...
Published on January 31, 2025 - 14:00 GMT

Argon & Co Expands Leadership Team with Tim Brindley as Partner

Argon & Co continues growth initiative in North America with new partner. ATLANTA, GA, UNITED STATES, January 31, 2025 /⁨EINPresswire.com⁩/ -- Argon & Co is thrilled to announce the appointment of Tim Brindley as Partner. Tim brings nearly …

Distribution channels: Aviation & Aerospace Industry, Beauty & Hair Care ...
Published on January 31, 2025 - 13:46 GMT

Flare Gas Recovery Systems Market Set to Witness Significant Growth by 2025-2032| Zeeco, Inc, SoEnergy International

BURLINGAME, CA, UNITED STATES, January 31, 2025 /⁨EINPresswire.com⁩/ -- The Flare Gas Recovery Systems Market is estimated to be valued at USD 3.26 Bn in 2025 and is expected to reach USD 6.23 Bn by 2032, exhibiting a compound annual growth rate ( …

Distribution channels: Energy Industry ...
Published on January 31, 2025 - 13:40 GMT

Silicon Anode Battery Market Projected To Witness Substantial Growth, 2025-2032 | XG Sciences Inc., OneD Material

BURLINGAME, CA, UNITED STATES, January 31, 2025 /⁨EINPresswire.com⁩/ -- The Silicon Anode Battery Market is estimated to be valued at USD 430.4 Mn in 2025 and is expected to reach USD 1420.4 Bn by 2032, exhibiting a compound annual growth rate ( …

Distribution channels: Energy Industry ...
Published on January 31, 2025 - 12:04 GMT

Energy Recovery Ventilator Market Expected to Reach USD 4.14 billion by 2034 with 5.71% CAGR

The Energy Recovery Ventilator market focuses on systems that enhance indoor air quality and energy efficiency. CALIFORNIA, CA, UNITED STATES, January 31, 2025 /⁨EINPresswire.com⁩/ -- Market Research Future published a report …

Distribution channels: Energy Industry ...
Published on January 31, 2025 - 11:53 GMT

BRK Technology - Groundbreaking MoU Drive Global Shift Towards Sustainable Algal Biofuels

BRK Technology to partner with energy firm to develop scalable algal biofuels for reducing carbon emissions in heavy transport sectors. HONG KONG, HONG KONG, January 31, 2025 /⁨EINPresswire.com⁩/ -- BRK Technology Co., Limited, a leading innovator …

Distribution channels: Business & Economy, Energy Industry ...
Published on January 31, 2025 - 11:36 GMT

IoT in Energy Market Trends, Size, and Growth Forecasts & Investment Opportunity 2031 | Top Vendors - Sap SE, Bosch,IBM

The IoT in Energy Market is growing due to rising smart grid adoption, real-time monitoring, predictive maintenance, and increased energy efficiency demand. WILMINGTON, DE, UNITED STATES, January 31, 2025 /⁨EINPresswire.com⁩/ -- According to a …

Distribution channels: Energy Industry, IT Industry ...
Published on January 31, 2025 - 11:29 GMT

Methanol Institute Welcomes Emvolon Inc. As First New Member of 2025

WASHINGTON D.C., DC, UNITED STATES, January 31, 2025 /⁨EINPresswire.com⁩/ -- The Methanol Institute (MI) is excited to announce Emvolon Inc. as our newest member. Emvolon Inc., a groundbreaking MIT climate-tech spin-off, is dedicated to …

Distribution channels: Automotive Industry, Chemical Industry ...
Published on January 31, 2025 - 23:25 GMT

ACWA Responds to Gov. Newsom’s Executive Order on Flood Control, Groundwater Recharge

SACRAMENTO, Calif., Jan. 31, 2025 (GLOBE NEWSWIRE) -- The Association of California Water Agencies (ACWA) issued the following statement from ACWA President Cathy Green regarding Executive Order N-16-25 issued today by Gov. Gavin Newsom. “ACWA applauds the …

Distribution channels: Energy Industry, Politics ...
Published on January 31, 2025 - 11:23 GMT

Coal Power Generation Market Poised for Growth to USD 1,610.58 Billion, Achieving a 2.41% CAGR by 2034

The Coal Power Generation Market focuses on the production and supply of electricity using coal as a fuel source. WASHINGTON, WA, UNITED STATES, January 31, 2025 /⁨EINPresswire.com⁩/ -- According to a comprehensive research report by Market …

Distribution channels: Energy Industry ...
Published on January 31, 2025 - 10:44 GMT

Smart Grid Market to Exceed USD 216.04 Billion by 2032, driven by the growing demand for energy efficiency

Smart Grid Market is driven by the increasing demand for energy efficiency and sustainable energy solutions. AUSTIN, TX, UNITED STATES, January 31, 2025 /⁨EINPresswire.com⁩/ -- Market Size & Industry Insights According to the SNS Insider …

Distribution channels: Energy Industry ...