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Published on 15:08 GMT

Aramco cuts dividend after reduction in oil prices sees profits take a 12% dip

A filing on Riyadh's Tadawul stock exchange revealed that Aramco, officially known as the Saudi Arabian Oil Co., had revenues of $436bn in 2024 ( Image: Copyright 2019 The Associated Press. All rights reserved) Saudi Arabia's state-owned oil giant, …

Source: Daily Mirror - Left-wing
Published on 18:23 GMT

Oil plummets to lowest level in 6 months

Worries of a full-blown trade war and more supply entering the market sent oil futures tumbling to a six-month low on Wednesday, dragging energy stocks with it. On Wednesday morning West Texas Intermediate crude (CL=F) dropped more than 3% to hover near $ …

Source: Yahoo Finance - Label Pending
Published on 18:05 GMT

Oil drops $2 after US crude stock build, OPEC+ output increase, Trump tariffs

HOUSTON: Oil prices declined for a third day on Wednesday after US crude oil stocks posted a larger-than-expected build, adding a further headwind as investors worried about OPEC+ plans to proceed with output increases in April, and US President Donald …

Source: Business Recorder - Neutral
Published on 11:13 GMT

Crude oil prices fall to $67.50 under pressure from OPEC+ and tariffs

Crude oil is trading in negative territory near $67.65 in the early hours of Wednesday, reflecting a weak market sentiment. This decline, in my opinion, comes at a critical time as geopolitical and economic concerns are increasingly affecting price …

Source: LondonlovesBusiness - Label Pending
Published on 14:33 GMT

Oil drops for third day on OPEC+ output increase, Trump tariffs

Oil prices declined for a third day on Wednesday, as investors worried about OPEC+ plans to proceed with output increases in April, and U.S. President Donald Trump’s tariffs on Canada, China and Mexico escalated trade tensions. Brent futures fell $1.02, or …

Source: Business Recorder - Neutral
Published on 15:30 GMT

The Energy Report: Oil Price Diplomacy

Oil prices are under pressure as a diplomatic push by President Donald Trump could remove sanctions on Russian and create an off ramp for Iranian sanction’s brokered by none other than Russian President Vladimir Putin and enhance global supplies. Reuters …

Source: Investing - Neutral
Published on 10:36 GMT

Oil steady, market eyes OPEC+ output increase, US tariffs

Oil prices steadied on Wednesday after hitting multi-month lows in the previous session, but remained under pressure as the market eyed plans by major producers to raise output in April as well as US tariffs on Canada, Mexico and China. Brent futures …

Source: The Financial Express Bangladesh - Pro-Government
Published on 08:44 GMT

Oil prices continue to fall

Global oil prices began to fall after the OPEC+ alliance announced that it would maintain its planned production increase in April. In addition, the entry into force of US tariffs on oil imported from Canada, Mexico, and China played a role in the decline, …

Source: 1in.am - Label Pending
Published on 13:36 GMT

Middle East Oil Prices Slide Amid OPEC+ Supply Surge

(MENAFN- The Arabian Post) Arabian Post Staff -Dubai Oil prices in the Middle East have experienced a significant decline, with the cost of Oman crude on the Gulf Mercantile Exchange falling below brent crude for the first time since late 2024. This shift …

Source: MENAFN - Uncategorized
Published on 07:30 GMT

Oil falls as market eyes OPEC+ output increase, US tariffs

SINGAPORE: Oil prices fell for a third session on Wednesday as plans by major producers to raise output in April combined with concerns that US tariffs on Canada, Mexico and China will slow economic growth and hit fuel demand. Brent futures fell 24 cents, …

Source: Business Recorder - Neutral
Published on 06:10 GMT

Oil hits multi-month lows as OPEC+, tariffs weigh

Oil prices fell for a third straight session on Wednesday, weighed down by concerns over an increase in output from major oil producers and the potential economic slowdown triggered by United States tariffs. As of 3:30 pm AEDT (4:30 am GMT), Brent …

Source: Azzet - Label Pending
Published on 03:46 GMT

Why Analysts Think Oil Prices Will Remain Subdued

Oil prices will likely remain around current levels or even lower this year, analysts and economists in the monthly Reuters poll said last week. Sufficient oil supply and spare capacity within the OPEC+ group will be enough to keep prices in the low $70s …

Source: Oil Price - Neutral
Published on 01:06 GMT

Brent Oil: 6-Month Lows Amid OPEC Output, Tariffs and Russia-Ukraine Negotiations

Brent crude prices continue to slide following the OPEC + announcement that they would follow through with a planned output increase in April. This has led to Brent crude dropping to trade at levels last seen in September 2024 and the lowest prices of 2025 …

Source: Investing - Neutral
Published on 01:07 GMT

OPEC Increases Production—Will It Keep Oil and Gas Prices Lower?

As I have said before, it’s a myth that tariffs are inflationary. President Donald Trump took that a step further by declaring that, “It’s a myth” that tariffs are largely paid for by consumers through higher prices. That point seems to be true especially …

Source: Investing - Neutral
Published on 00:40 GMT

Oil price cut poses revenue, currency stability risks for Nigeria

Nigeria’s economic stability is facing fresh uncertainties as crude oil prices declined sharply on Tuesday, raising concerns over the country’s revenue projections and naira stability. The price dip follows the U.S. government’s implementation of fresh …

Source: Blueprint Newspapers Limited - Label Pending
Published on Mar 4, 2025

Brent hits 6-month low on OPEC+ output increase

NEW YORK: Oil prices fell to multi-month lows on Tuesday after reports of OPEC+ plans to proceed with output increase in April while further price pressure was applied by US tariffs on Canada, Mexico and China as well as Beijing’s retaliatory tariffs. …

Source: Business Recorder - Neutral
Published on Mar 4, 2025

Oil falls on Opec+ output increase, US tariffs

NEW YORK: Oil prices fell to multi-month lows on Tuesday after reports of Opec+ plans to proceed with output increases in April while further price pressure was applied by US tariffs on Canada, Mexico and China as well as Beijing's retaliatory tariffs. …

Source: The Malaysian Star - Uncategorized
Published on Mar 4, 2025

A Russia-Ukraine Peace Deal Could Lower Gas Prices, Says Soros Fund CEO

Dawn Fitzpatrick speaks at Bloomberg Invest on March 4. Courtesy Bloomberg Ongoing peace negotiations between Russia and Ukraine may help the Trump administration finally make good on its pledge to bring down gas prices for Americans, according to Dawn …

Source: The New York Observer - Label Pending
Published on Mar 4, 2025

Trump’s Oil Tariffs Set to Reshape Global Trade Flows

[Stay on top of transportation news: Get TTNews in your inbox.] The world’s supply lines for cargoes of oil and fuel, which typically crisscross the globe, are about to get redrawn thanks to U.S. President Donald Trump’s sweeping tariffs. Crude from Mexico …

Source: Transport Topics - Neutral

05 days 07:09:28

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Published on March 5, 2025 - 13:00 GMT

Parex Resources Announces 2024 Full-Year Results & Reserves, Declaration of Q1 2025 Dividend, and Appointment of Chief ...

CALGARY, Alberta, March 05, 2025 (GLOBE NEWSWIRE) -- Parex Resources Inc. (“Parex” or the “Company”) (TSX: PXT) is pleased to announce its financial and operating results for the three- and twelve-month periods ended December 31, 2024, as well as the …

Distribution channels: Business & Economy, Companies ...
Published on March 3, 2025 - 12:53 GMT

New Stratus Energy Announces Award of a Transformative Production Sharing Contract for a Significant Oil Field in ...

NOT FOR DISTRIBUTION TO UNITED STATES NEWSWIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATES CALGARY, Alberta, March 03, 2025 (GLOBE NEWSWIRE) -- New Stratus Energy Inc. (TSX.V - NSE) (“New Stratus”, “NSE” or the “Corporation”) is pleased to announce …

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Published on March 3, 2025 - 12:30 GMT

Occidental Announces Offer to Exercise Warrants at a Temporarily Reduced Price

HOUSTON, March 03, 2025 (GLOBE NEWSWIRE) -- Occidental (NYSE: OXY) today announced an offer to exercise its outstanding publicly traded warrants (the “Warrants”) at a temporarily reduced price (the “Offer”). The Offer is available to holders of the …

Distribution channels: ...
Published on February 27, 2025 - 06:04 GMT

CMB.TECH announces Q4 2024 results

CMB.TECH ANNOUNCES Q4 2024 RESULTS STRONG RESULTS DESPITE SLOW MARKETS ANTWERP, Belgium, 27 February 2025 – CMB.TECH NV (“CMBT”, “CMB.TECH” or “the Company”) (NYSE: CMBT & Euronext: CMBT) reported its non-audited financial results today for the fourth …

Distribution channels: Business & Economy, Shipping, Storage & Logistics ...

Published on January 16, 2025 - 19:04 GMT

Procurement Intelligence Report Crude Oil Market Pricing and Vendor Analysis

The pricing outlook for crude oil is expected to exhibit moderate volatility, influenced by various critical factors. NEW YORK, NY, UNITED STATES, January 17, 2025 /⁨EINPresswire.com⁩/ -- Procurement Intelligence for the Crude Oil Market Overview …

Distribution channels: Energy Industry ...
Published on January 10, 2025 - 13:04 GMT

Bunker Fuel Oil Market is Projected to Reach Approximately USD 150 Billion: Fujairah Oil, Bunker One, ExxonMobil

Global Bunker Fuel Oil Market have shown notable volatility, driven by fluctuating crude oil prices and stringent emissions regulations NEW YORK, WA, UNITED STATES, January 10, 2025 /⁨EINPresswire.com⁩/ -- The bunker fuel oil market is a key …

Distribution channels: Chemical Industry ...
Published on February 20, 2025 - 22:00 GMT

Targa Resources Corp. Announces Form 10-K Available

HOUSTON, Feb. 20, 2025 (GLOBE NEWSWIRE) -- Targa Resources Corp. (NYSE: TRGP) ("TRGP" or the "Company" or "Targa") has filed its Form 10-K with the Securities and Exchange Commission (SEC) for the year ended December 31, 2024. …

Distribution channels: Companies, Shipping, Storage & Logistics ...
Published on February 20, 2025 - 11:00 GMT

Targa Resources Corp. Reports Record Fourth Quarter and Full Year 2024 Financial Results, Provides Growth Outlook for ...

HOUSTON, Feb. 20, 2025 (GLOBE NEWSWIRE) -- Targa Resources Corp. (NYSE: TRGP) (“TRGP,” the “Company” or “Targa”) today reported fourth quarter and full year 2024 results. Fourth quarter 2024 net income attributable to Targa Resources Corp. was $351.0 …

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Published on March 5, 2025 - 19:26 GMT

VoltEdge Solutions: The Driving Force in EV Charging Sales on the East Coast

VoltEdge Solutions, led by Hyun Jeong Jin, powers East Coast EV charging with innovative Level 2 & 3 stations and key partnerships fueling a sustainable future. VA, UNITED STATES, March 5, 2025 /⁨EINPresswire.com⁩/ -- VoltEdge Solutions, a …

Distribution channels: Energy Industry ...
Published on March 5, 2025 - 19:03 GMT

The Expansion of the Copper Wire and Cable Industry in Southeast Asia and Middle East

Southeast Asia and Middle East Copper Wire and Cable Market Expected to Reach $52.63 billion by 2032 - Allied Market Research WILMINGTON, DE, UNITED STATES, March 6, 2025 /⁨EINPresswire.com⁩/ -- Copper wire and cable are fundamental components in modern …

Distribution channels: Electronics Industry, Energy Industry ...
Published on March 5, 2025 - 17:53 GMT

Rising EV Adoption Fuels Growth in Solid-State Battery Market

The solid-state battery market is set to grow due to EV demand and R&D investments, but high costs may limit global expansion. WILMINGTON, DE, UNITED STATES, March 5, 2025 /⁨EINPresswire.com⁩/ -- According to a new report published by Allied …

Distribution channels: Electronics Industry, Energy Industry ...
Published on March 5, 2025 - 16:53 GMT

Wire and Cable Market to Partake Significant Development During 2032

Wire and Cable Market Expected to Reach $323.8 Billion by 2032—Allied Market Research WILMINGTON, DE, UNITED STATES, March 5, 2025 /⁨EINPresswire.com⁩/ -- The wire and cable market is expected to continue growing in the coming years, owing to …

Distribution channels: Electronics Industry, Energy Industry ...
Published on March 5, 2025 - 16:15 GMT

Superconductors Market to Surge at a Robust Pace in Terms of Revenue Over 2032

Superconductors Market Expected to Reach $17.4 Billion by 2032—Allied Market Research WILMINGTON, DE, UNITED STATES, March 5, 2025 /⁨EINPresswire.com⁩/ -- The superconductor market is witnessing steady growth, fueled by its unique ability to …

Distribution channels: Electronics Industry, Energy Industry ...
Published on March 5, 2025 - 16:06 GMT

Green Energy Biofuel Improves Operations to Accept Bigger Contracts, More Food Waste

The South Carolina-based organics-recycling company is prepared to work with large food manufacturers to help them cut costs and improve revenue. WINNSBORO, SC, UNITED STATES, March 5, 2025 /⁨EINPresswire.com⁩/ -- While the U.S. market for green, …

Distribution channels: Agriculture, Farming & Forestry Industry, Energy Industry ...
Published on March 5, 2025 - 16:00 GMT

Peter Kaleda Discusses How Critical Infrastructure Leaders Can Stay Ahead of Regulatory Changes

Peter Kaleda of PPR Services Shares Strategies for Leaders to Stay Ahead of Evolving Regulations in Security, Cybersecurity, and Business Continuity. SUGARLAND, TX, UNITED STATES, March 5, 2025 /⁨EINPresswire.com⁩/ -- As regulatory requirements …

Distribution channels: Banking, Finance & Investment Industry, Chemical Industry ...
Published on March 5, 2025 - 15:52 GMT

INSULATION EXPERT/THERMAHOOD FOUNDER ADVOCATES FOR BUILDING INDUSTRY CHANGES IN RECESSED LIGHTING

BOCA RATON, FL, UNITED STATES, March 5, 2025 /⁨EINPresswire.com⁩/ -- While recessed lighting and high-hats have been increasingly utilized and modernized in the housing industry, engineering experts say installation guidelines are still lagging; …

Distribution channels: Building & Construction Industry, Companies ...
Published on March 5, 2025 - 15:37 GMT

Alternative Utility Services, Inc. Receives CAM CE Sponsor and Course License Approval

DELAVAN, WI, UNITED STATES, March 5, 2025 /⁨EINPresswire.com⁩/ -- Alternative Utility Services, Inc. (AUS) is pleased to announce that it has received approval from The Illinois Department of Financial and Professional Regulation (IDFPR) Division …

Distribution channels: Education, Energy Industry ...
Published on March 5, 2025 - 15:00 GMT

ECER, Inc. Becomes One-Stop Recycling Solution for Batteries, Electronics, Bulbs, and More

ECER, Inc. Simplifies Recycling with Comprehensive, Environmentally Responsible Services BOSTON, MA, UNITED STATES, March 5, 2025 /⁨EINPresswire.com⁩/ -- ECER, Inc., a leader in sustainable waste management, is pleased to announce the expansion of …

Distribution channels: Business & Economy, Electronics Industry ...
Published on March 5, 2025 - 14:45 GMT

POWR2 to Showcase Latest Mobile BESS Technology at Bauma 2025

Explore the latest advancements in Battery Energy Storage Systems (BESS) at Stand 231 in Hall C4. BETHEL, CT, UNITED STATES, March 5, 2025 /⁨EINPresswire.com⁩/ -- POWR2, a leader in portable energy storage solutions, will be exhibiting at Bauma 2025 in …

Distribution channels: Building & Construction Industry, Conferences & Trade Fairs ...
Published on March 5, 2025 - 14:45 GMT

POWR2 präsentiert die neueste mobile BESS-Technologie auf der Bauma 2025

Entdecken Sie die neuesten Fortschritte in Batteriespeichersystemen (BESS) am Stand 231 in Halle C4. BETHEL, CT, UNITED STATES, March 5, 2025 /⁨EINPresswire.com⁩/ -- POWR2, ein führender Anbieter von mobilen Energiespeicherlösungen, wird auf der Bauma …

Distribution channels: Building & Construction Industry, Conferences & Trade Fairs ...
Published on March 5, 2025 - 14:45 GMT

POWR2 présentera sa dernière technologie BESS mobile à Bauma 2025

Découvrez les dernières avancées en systèmes de stockage d’énergie par batterie (BESS) au stand 231 dans le hall C4. BETHEL, CT, UNITED STATES, March 5, 2025 /⁨EINPresswire.com⁩/ -- POWR2, un leader des solutions de stockage d’énergie portable, exposera …

Distribution channels: Building & Construction Industry, Conferences & Trade Fairs ...
Published on March 5, 2025 - 14:38 GMT

Clear Rating ESCI Now Available on the Bloomberg Terminal

Clear Rating, LLC (Clear Rating), an Entoro company, has announced that the Engineered Solutions Carbon Index (ticker: CLRAESCI Index) HOUSTON, TX, UNITED STATES, March 5, 2025 /⁨EINPresswire.com⁩/ -- Clear Rating, LLC (Clear Rating), an Entoro …

Distribution channels: Banking, Finance & Investment Industry, Business & Economy ...
Published on March 5, 2025 - 14:33 GMT

Rising Investments in Renewable Energy to Propel Biomass Power Generation Market Growth

Afforestation and sustainable forestry capture CO2 via photosynthesis, storing carbon in biomass and soil, aiding carbon sequestration efforts. WILMINGTON, DE, UNITED STATES, March 5, 2025 /⁨EINPresswire.com⁩/ -- Allied Market Research published a …

Distribution channels: Energy Industry, Waste Management ...
Published on March 5, 2025 - 14:11 GMT

Smart Nanomaterials Market To Grow at 30.5% CAGR by 2034

The Smart Nanomaterials Market size is expected to be worth around USD 10.0 Bn by 2034, from USD 0.6 Bn in 2024, growing at a CAGR of 30.5%. NEW YORK, NY, UNITED STATES, March 5, 2025 /⁨EINPresswire.com⁩/ -- The global Smart Nanomaterials Market …

Distribution channels: Energy Industry ...
Published on March 5, 2025 - 14:00 GMT

Introducing the New Electric Vehicle Automatic Charging Station

Fully Automatic Electric Vehicle Charging Station that alleviates the use of handheld chargers and can be used within a wide range of Electric Vehicles. POWELLS POINT, NC, UNITED STATES, March 5, 2025 /⁨EINPresswire.com⁩/ -- Introducing the New …

Distribution channels: Automotive Industry, Business & Economy ...
Published on March 5, 2025 - 14:00 GMT

Computer Recycling Reaffirms Commitment to Secure Data Destruction

Industry Leader Ensures Safe and Responsible Disposal of Sensitive Electronic Data HOBOKEN, NJ, UNITED STATES, March 5, 2025 /⁨EINPresswire.com⁩/ -- As the digital landscape continues to evolve, data security remains a critical concern for …

Distribution channels: Electronics Industry, Energy Industry ...
Published on March 5, 2025 - 14:00 GMT

Lynxspring Introduces Onyxx Wall Module™ for Smart Building Control

LEE'S SUMMIT , MO, UNITED STATES, March 5, 2025 /⁨EINPresswire.com⁩/ -- Lynxspring, Inc. (https://www.lynxspring.com), a leading provider of open software and hardware platforms for smarter buildings, smart equipment, and device-to- …

Distribution channels: Building & Construction Industry, Business & Economy ...
Published on March 5, 2025 - 13:59 GMT

MontaVista Linux CGX 5.0 Adds Secure-by-Default Profile, Providing Unprecedented Security for Embedded Markets

MontaVista offers immediately a new CGX 5.0 profile adding enhanced security that CGX customers can easily utilize as their reference secure-by-default profile. SAN JOSE, CA, UNITED STATES, March 5, 2025 /⁨EINPresswire.com⁩/ -- MontaVista® …

Distribution channels: Amusement, Gaming & Casino, Automotive Industry ...