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Published on Apr 5, 2025

Oil Prices Plummet Amid OPEC+ Output Surge And Escalating Trade Tariffs

(MENAFN- The Arabian Post) Arabian Post Staff -Dubai Oil markets witnessed a significant downturn as Brent crude, the global benchmark, tumbled over 13% in two days, settling just above $66 per barrel. This sharp decline follows the dual impact of OPEC+ …

Source: MENAFN - Uncategorized
Published on Apr 5, 2025

Utah's gas prices are rising. Could tariffs have an impact?

SALT LAKE CITY — Gas prices in the Beehive State are on the rise, as they typically are coming out of winter. According to AAA, the average price for a gallon of regular unleaded gas in Utah has risen 20 cents in the last month to an average of $3.26 as of …

Source: KSL NewsRadio - Utah - Neutral
Published on Apr 5, 2025

Economic impacts of US tariffs could give Trump room on oil sanctions: analysts

US President Donald Trump’s sweeping new tariffs could give the US more room to apply pressure to countries like Iran, Russia and Venezuela, but they could also hurt the likelihood that other countries will cooperate with US foreign policy goals, analysts …

Source: Hellenic Shipping News - Neutral
Published on Apr 5, 2025

Oil Prices Tumbled to Worst Day in Nearly Three Years

Energy prices got slammed by fears of a global economic slowdown stemming from President Trump's tariff plan, and OPEC and its market allies piled pressure onto the U.S. energy industry by open up the spigots. U.S. oil futures fell 6.6%, or $4.76 a …

Source: Yahoo Finance - Label Pending
Published on Apr 5, 2025

Lower Oil Prices Cloud U.S. Output As OPEC Surprises With May Production Hike

Image Source: Pixabay The plunge in oil prices on Friday presented a different layer of complexity for the Organization of the Petroleum Exporting Countries and allies. In a surprising move on Thursday, the cartel decided to raise crude oil production by …

Source: myMotherLode - Label Pending
Published on Apr 5, 2025

US natural gas prices fall 4% on reduced flows to LNG export plants, lower demand forecasts

U.S. natural gas futures dropped about 4% on Friday on a decline in daily liquefied natural gas (LNG) exports and forecasts for mild weather and lower demand over the next two weeks than previously expected. That price decline occurred despite a decline in …

Source: Hellenic Shipping News - Neutral
Published on Apr 4, 2025

Oil Price in Freefall Reorders Global Energy Landscape

Breadcrumb Trail Links PMN Business The plunge in oil prices over the past two days following the twin shocks of President Donald Trump’s tariffs and the surprise boost in production from OPEC+ has altered the global energy landscape with stunning speed. …

Source: Financial Post - Center-right
Published on Apr 4, 2025

A meeting took place at the Office of the President with the Special Representative of Italy for Ukraine's ...

8 of the 23 OPEC+ countries (Russia, Algeria, Saudi Arabia, Iraq, Kuwait, Kazakhstan, the UAE, and Oman) have decided to collectively increase oil production in May by 56,000 tonnes per day. This is the highest figure since 2020. At the same time, in April …

Source: The Odessa Journal - Neutral
Published on Apr 4, 2025

Oil slides on new US ‘Liberation Day’ tariffs, OPEC+ meeting

New Delhi: Brent crude fell 4 per cent in early trading, dropping below $70 per barrel, a $5 per barrel correction from earlier levels. This is a response to two key developments: the announcement of new US ‘Liberation Day’ tariffs on Wednesday and …

Source: ETEnergyworld.com - Uncategorized
Published on Apr 4, 2025

OPEC+ may raise output if US supply disruptions deepen - Rystad Energy’s market update

Markets responded earlier today to two key developments: the announcement of new US ‘Liberation Day’ tariffs on Wednesday and decisions made following yesterday’s OPEC+ meeting, which signaled an expected increase of 411,000 barrels per day in May supply …

Source: American Journal of Transportation - Neutral
Published on Apr 4, 2025

Exxon Mobil Hints At Profit Boost From Strong Oil And Gas Prices, But Retail Bears Hold Ground

The company said higher refining margins could boost its earnings between $300 million and $700 million. Exxon Mobil (XOM) stock garnered retail attention on Thursday after the company signaled that higher oil and gas prices and stronger refining margins …

Source: myMotherLode - Label Pending
Published on Apr 4, 2025

Caspian oil pipeline consortium readies for court battle in Russia over stoppage order

The Western-backed Caspian Pipeline Consortium is preparing to challenge in a Russian court a regulatory order that has crippled its exporting capabilities and threatened to cut oil flows to global markets, three industry sources told Reuters. Earlier this …

Source: Hellenic Shipping News - Neutral
Published on Apr 4, 2025

Russia Oil Tax Revenue Slides as Prices, Output Decline

Russia reaped less money from oil taxes last month as production fell and global crude prices declined. Oil-tax proceeds dropped by more than 15 percent from a year earlier to 956.8 billion rubles ($11.4 billion), according to Bloomberg calculations based …

Source: Rigzone - Neutral
Published on Apr 4, 2025

Oil on track for worst weekly loss in months

Oil prices extended their losses on Friday and were on track to record their worst weekly decline in months as markets feared the impact of US tariffs on the global economy and Opec+'s surprise decision to boost oil supply. Brent, the benchmark for two …

Source: The National News - Pro-Government
Published on Apr 3, 2025

Oil Prices Dive on Trump Tariffs and OPEC Surprise

Oil plunged the most since July 2022 after suffering a twin hit from President Donald Trump’s tariffs and an OPEC+ decision to increase output faster than previously announced. West Texas Intermediate futures plummeted 6.6% to settle below $67 a barrel, …

Source: Rigzone - Neutral
Published on Apr 3, 2025

Ukraine Latest: Russia Claims Gain in Donetsk, Top Putin Negotiator Visits Washington

Russian President Vladimir Putin’s investment envoy Kirill Dmitriev met with US officials in Washington on Wednesday as the Trump administration continues to press Russia and Ukraine to agree to a ceasefire, two US officials familiar with the matter said. …

Source: Georgia Today - Neutral
Published on Apr 3, 2025

Oil Slumps as Trump Tariffs, OPEC+ Output Hike Rattle Market

Breadcrumb Trail Links PMN Business Oil tumbled the most since 2023 after enduring a twin hit from President Donald Trump’s trade tariffs and an OPEC+ decision to increase output faster than previously announced. Author of the article: Bloomberg News Alex …

Source: Financial Post - Center-right
Published on Apr 2, 2025

Russian order slashes Kazakh oil export capacity amid OPEC+ row

Russia has ordered the Black Sea terminal handling Kazakhstan’s oil exports pumped by U.S. majors Chevron CVX and Exxon Mobil XOM to close two of its three moorings amid a standoff between Kazakhstan and OPEC+ over excess production. The operator of the …

Source: Hellenic Shipping News - Neutral
Published on Apr 1, 2025

Do the Saudis Really Want Peace in Ukraine?

U.S. President Donald Trump’s campaign pledge to end the Russo-Ukrainian war within 24 hours of assuming office has fallen flat. As well as failing to extract a single concession from Moscow and hinting at premature sanctions relief, Trump's selection …

Source: The Moscow Times - Center-left

02 days 03:23:28

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Published on April 1, 2025 - 12:00 GMT

Occidental Announces Results of Offer to Exercise Warrants at a Temporarily Reduced Price

HOUSTON, April 01, 2025 (GLOBE NEWSWIRE) -- Occidental (NYSE: OXY) today announced the results of its offer to exercise Occidental’s outstanding publicly traded warrants (the “Warrants”) at a temporarily reduced price of $21.30 per Warrant (the “Offer”). …

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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 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 March 6, 2025 - 16:10 GMT

ECB staff macroeconomic projections for the euro area, March 2025

Persistently high geopolitical and policy uncertainty is expected to weigh on euro area economic growth, slowing down the anticipated recovery. This follows slightly weaker than expected growth at the end of 2024. Both domestic and trade policy uncertainty …

Distribution channels: Banking, Finance & Investment Industry
Published on November 21, 2024 - 13:11 GMT

Minister Gwede Mantashe: Liquified Petroleum Gas Week Conference

Programme Director, CEO of the World Liquid Gas Association, Mr James Rockall Director General of the DMRE, Mr Jacob Mbele Captains of Industry Distinguished Guests It is with a great sense of honour and privilege to be engaging with you at this Liquified …

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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 - 12:30 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 …

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Published on April 5, 2025 - 12:53 GMT

Cotemar recibe reconocimiento 'Empresas Excepcionales 2024', por contribuir a los ODS

CIUDAD DE MEXICO, CIUDAD DE MEXICO, MEXICO, April 5, 2025 /⁨EINPresswire.com⁩/ -- Grupo Cotemar nuevamente ha sido distinguido con el Reconocimiento Empresas Excepcionales, con el nivel Excepcional por la práctica “Agenda Cotemar 2030: Contribución …

Distribution channels: Building & Construction Industry, Companies ...
Published on April 5, 2025 - 12:51 GMT

Grupo Cotemar: 13 años de compromiso con la Responsabilidad Social

CIUDAD DE MEXICO, CIUDAD DE MEXICO, MEXICO, April 5, 2025 /⁨EINPresswire.com⁩/ -- Durante trece años consecutivos, Grupo Cotemar ha sido reconocido con el Distintivo ESR (Empresa Socialmente Responsable). Este reconocimiento destaca los esfuerzos …

Distribution channels: Building & Construction Industry, Companies ...
Published on April 5, 2025 - 12:42 GMT

Cotemar firma convenio de colaboración con la Universidad Marítima y Portuaria de México (UMPM)

CIUDAD DE MéXICO, CIUDAD DE MéXICO, MEXICO, April 5, 2025 /⁨EINPresswire.com⁩/ -- Con el objetivo de impulsar el desarrollo profesional de jóvenes egresados con formación marina, Grupo Cotemar firmó un convenio de colaboración con la Universidad …

Distribution channels: Building & Construction Industry, Companies ...
Published on April 4, 2025 - 17:35 GMT

UFA Welcomes New Board Chair

New UFA Board Chair, Jennifer Wood, makes history as the first female to hold the position CALGARY, ALBERTA, CANADA, April 4, 2025 /⁨EINPresswire.com⁩/ -- The Board of Directors at United Farmers of Alberta Co-operative Limited (“UFA”) is pleased …

Distribution channels: Agriculture, Farming & Forestry Industry, Business & Economy ...
Published on April 4, 2025 - 15:38 GMT

SAJ bietet innovative All-in-One-Speicherlösungen für Privathaushalte in Europa: SAJ 20 Jahre Innovation

VKWOIQ Energy ist der exklusive Vertriebspartner der Marke SAJ in Europa. KöLN, GERMANY, April 4, 2025 /⁨EINPresswire.com⁩/ -- VKWOIQ Energy bietet eine breite Palette an Qualitätsprodukten und Dienstleistungen mit dem Fokus auf Nachhaltigkeit, …

Distribution channels: Building & Construction Industry, Consumer Goods ...
Published on April 4, 2025 - 15:32 GMT

Gentzler Tool & Die Expands Tool & Die Services to Support Ohio’s Manufacturing Industry

UNIONTOWN, OH, UNITED STATES, April 4, 2025 /⁨EINPresswire.com⁩/ -- Gentzler Tool & Die, a leading tool and die company in Ohio, is expanding its precision tool & die services to better support manufacturers across multiple industries. With …

Distribution channels: Automotive Industry, Aviation & Aerospace Industry ...
Published on April 4, 2025 - 13:16 GMT

超低硫黄燃料油市場規模は2032年までに1,374.4億米ドルに達する見込み

極低硫黄燃料油市場は2032年までに829.6億米ドルに達する見込みです。精製技術の継続的な革新により、VLSFOの生産効率と品質が向上し、船舶燃料としてより現実的でコスト効率の高い選択肢となっています。 PUNE, MAHARASHTRA, INDIA, April 4, 2025 /⁨EINPresswire.com⁩/ -- 世界の超低硫黄燃料油市場は2023年に829.6億米ドルと評価され、2024年の872.2億米ドルから2032年までに1,374.4 …

Distribution channels: Energy Industry ...
Published on April 4, 2025 - 10:00 GMT

Kevin O’Leary & Dr. Farb in a Webinar

Kevin O'Leary and Flower Turbines CEO Dr. Farb Discuss Wind, Renewable Energy, and Data Centers on April 10 LUBBOCK, TX, UNITED STATES, April 4, 2025 /⁨EINPresswire.com⁩/ -- Kevin O’Leary (aka Mr. Wonderful) and Flower Turbines’ CEO, Dr. …

Distribution channels: Agriculture, Farming & Forestry Industry, Banking, Finance & Investment Industry ...
Published on April 4, 2025 - 21:53 GMT

Beam Global to Release 2024 Operating Results, Conference Call Scheduled for April 11, 2025 at 4:30 p.m. ET

SAN DIEGO, April 04, 2025 (GLOBE NEWSWIRE) -- Beam Global, (Nasdaq: BEEM), (the “Company”), a leading provider of innovative and sustainable infrastructure solutions for the electrification of transportation and energy security, today announced that it …

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Published on April 4, 2025 - 09:00 GMT

World’s first global AI compliance advisor – Vistra leads the Economy 4.0 revolution in corporate services

HONG KONG, HONG KONG, April 4, 2025 /⁨EINPresswire.com⁩/ -- AI is at the heart of the Economy 4.0 revolution and Vistra is leading the charge with the launch of the world’s first global AI compliance advisor. Geni will help organisations across the …

Distribution channels: Banking, Finance & Investment Industry, Business & Economy ...
Published on April 4, 2025 - 20:05 GMT

Artesian Water Company, Inc. Files Application with Delaware Public Service Commission for Increase in Customer Rates

NEWARK, Del., April 04, 2025 (GLOBE NEWSWIRE) -- Artesian Water Company, Inc. (“Artesian”), a subsidiary of Artesian Resources Corporation (Nasdaq: ARTNA), filed an application with the Delaware Public Service Commission (PSC) today for a change in …

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Published on April 4, 2025 - 15:54 GMT

ArcelorMittal announces updated financial calendar for 2025

4 April 2025, 18:00 CET ArcelorMittal today announces a revision to its financial calendar for 2025. The Q1 2025 earnings results initially scheduled for 2 May 2025 and announced by way of a press release dated 6 December 2024 will now be published on 30 …

Distribution channels: Energy Industry, Media, Advertising & PR ...
Published on April 4, 2025 - 00:01 GMT

IN-FLIGHT DATA AND SPRINGBANK AIR TRAINING COLLEGE LAUNCH CANADA’S FIRST LEVEL 1 COMPLEX DRONE TRAINING PROGRAM

Two Weeks to Certified, Flight-Ready Graduates CALGARY, ALBERTA, CANADA, April 3, 2025 /⁨EINPresswire.com⁩/ -- In a historic move for the future of aviation training in Canada, IN-FLIGHT Data, one of the country’s oldest and most accomplished RPAS …

Distribution channels: Aviation & Aerospace Industry, Building & Construction Industry ...
Published on April 3, 2025 - 20:16 GMT

Campos Foundation Fuels STEM Dreams at Urban Promise Academy with New SmartLab

Campos Foundation donates $178K to bring hands-on STEM SmartLab to Urban Promise Academy, empowering Oakland students through tech and innovation OAKLAND, CA, UNITED STATES, April 3, 2025 /⁨EINPresswire.com⁩/ -- Momentum is building in Oakland’s …

Distribution channels: Education, Electronics Industry ...
Published on April 3, 2025 - 19:54 GMT

This Week in Construction: Top Innovations & Industry Trends – April 3, 2025

Peer-to-peer digital content sharing for construction and building professionals SUNDRE, ALBERTA, CANADA, April 3, 2025 /⁨EINPresswire.com⁩/ -- Since its establishment in 2003, Construction Links Network has emerged as a premier news and …

Distribution channels: Building & Construction Industry, Business & Economy ...
Published on April 4, 2025 - 06:00 GMT

ArcelorMittal publishes convening notice for its Annual General Meeting of shareholders

4 April 2025, 08:00 CET ArcelorMittal (the ‘Company’) has today published the convening notice for its Annual General Meeting of shareholders (the ‘General Meeting’), which will be held on 6 May 2025 at 12:30 CET at the Company’s registered office, 24-26, …

Distribution channels: Energy Industry, Media, Advertising & PR ...
Published on April 3, 2025 - 16:44 GMT

Grady Campbell Launches TOP 50 Investment Banks in the Middle Market Awards Program

CHICAGO, IL, UNITED STATES, April 3, 2025 /⁨EINPresswire.com⁩/ -- Building on the success of its TOP 50 PE Firms in the Middle Market™ awards program, Grady Campbell, a leading creative agency focused on the middle market, has launched The TOP 50 …

Distribution channels: Banking, Finance & Investment Industry, Business & Economy ...
Published on April 3, 2025 - 16:29 GMT

Replace PTFE Tape with Oxygen-Safe Formula-8

Formula-8 is an oxygen-safe thread sealant engineered to eliminate the frustrations of tape and provide a long-lasting seal in the most demanding applications. LEWISTON, MN, UNITED STATES, April 3, 2025 /⁨EINPresswire.com⁩/ -- Fluoramics, a leader in …

Distribution channels: Chemical Industry, Conferences & Trade Fairs ...
Published on April 3, 2025 - 15:59 GMT

HIF Global and Mabanaft sign e-Methanol offtake HOA

Global sustainable fuels demand expected to exceed 250 mtpa by 2035 HOUSTON, TX, UNITED STATES, April 3, 2025 /⁨EINPresswire.com⁩/ -- HIF Global, the leader in highly innovative fuels, and Mabanaft, global energy solutions provider, signed a Heads …

Distribution channels: Banking, Finance & Investment Industry, Business & Economy ...
Published on April 3, 2025 - 15:28 GMT

Inc. Names Oliva Gibbs LLP to its 2025 List of the Fastest-Growing Private Companies in the Southwest

Oliva Gibbs moved up 87 spots to rank No. 43 on Inc.’s list of the fastest-growing private companies in the Southwest, standing out among legal & energy firms. HOUSTON, TX, UNITED STATES, April 3, 2025 /⁨EINPresswire.com⁩/ -- Inc., the leading media …

Distribution channels: Energy Industry ...