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Published on Jun 20, 2025

Saudi crude oil exports via Strait of Hormuz near 2-year high as Israel-Iran conflict unfolds

Saudi Arabia, the world’s largest crude oil exporter, shipped the most product through the Strait of Hormuz in almost two years in the week ended June 15 just as the Israel-Iran conflict began, according to a June 17 report by S&P Global Commodities at …

Source: Hellenic Shipping News - Neutral
Published on Jun 20, 2025

Citi Warns Hormuz Closure Could Propel Oil Near $90

(MENAFN- The Arabian Post) Arabian Post Staff -Dubai Citigroup analysts warn that a shutdown of the Strait of Hormuz could lift Brent crude prices to approximately $90 a barrel, although they expect any halt to shipping to be brief. They cite the strategic …

Source: MENAFN - Indeterminate
Published on Jun 20, 2025

Oil slips as US delays decision on direct Iran involvement

SINGAPORE (Reuters) -Oil prices fell on Friday after the White House delayed a decision on U.S. involvement in the Israel-Iran conflict, but remained on course for a third consecutive weekly rise. Brent crude futures fell $2, or 2.5%, to $76.85 a barrel by …

Source: Yahoo Finance - Center-left
Published on Jun 19, 2025

Oil prices jump nearly 3% on Israel-Iran conflict

Calgary — Oil prices jumped almost 3% on Thursday as a week-old air war between Israel and Iran escalated and uncertainty about potential US involvement kept investors on edge. Brent crude futures settled up $2.15, or 2.8%, to $78.85 a barrel, its highest …

Source: Business Day - Neutral
Published on Jun 19, 2025

Current oil spike does not match market fundamentals

The current spike in oil prices as a result of the Iran-Israeli conflict is to be viewed as a temporary phenomenon, as there is no change in oil market fundamentals, analysts say. “Oil and gas are still flowing out from the Gulf. There are likely to be …

Source: Khaleej Times - Gov't Propaganda
Published on Jun 19, 2025

Iran-Israel conflict: Higher crude oil rates may push up prices of APM, NWG gas

Additionally, the ratings firm said that domestic gas prices and LNG contracts with crude oil linked pricing will witness an uptick as crude oil prices firm up The Iran-Israel war leading to a flare up in crude oil prices, which surged from $69 per barrel …

Source: The Hindu Business Line - Neutral
Published on Jun 19, 2025

Citi sees oil prices of $75-$78/bbl if war disrupts 1.1 million bpd of Iran's oil exports

(Reuters) -An escalation of the Iran-Israeli hostilities could keep Brent oil prices trading about 15% to 20% above pre-conflict levels if the war disrupts 1.1 million barrels per day (bpd) of Iranian oil exports, analysts at Citibank said on Thursday. …

Source: Yahoo Finance - Center-left
Published on Jun 19, 2025

Oil prices have jumped. Do you need to run to the petrol station?

Chalmers has spent the week spruiking his latest plans to boost our living standards – but oil prices have clearly trickled to the front of his mind. This might have consequences for Australians at the petrol bowser, he told ABC Radio on Thursday, but …

Source: The Sydney Morning Herald - Neutral
Published on Jun 19, 2025

Oil could surpass $90 as Middle East tensions mount, Goldman, Barclays warn

Rising geopolitical tensions in the Middle East could drive Brent crude oil prices up by as much as $10 per barrel from current levels in the mid-$70s, according to a new estimate by Goldman Sachs. The investment bank, however, warned that in the event of …

Source: Business Day - Neutral
Published on Jun 19, 2025

Russia Eyes Joint Effort to Steady Shaky Oil Prices

Russia believes that Moscow, its OPEC+ ally Saudi Arabia, and the United States could work together to stabilize the oil market if necessary, the head of Russia’s sovereign wealth fund told Reuters on Thursday. “There was an example when (Russian) …

Source: Oil Price - Neutral
Published on Jun 19, 2025

Middle East Conflict Sparks Exodus of Foreign Oil Personnel

Several foreign experts working with oil companies in Iraq have recently left the country amid the escalating Israel-Iran conflict, Shafaq News reported on Thursday, citing a senior source in the industry. “Certain nationalities, especially British …

Source: Oil Price - Neutral
Published on Jun 19, 2025

Russia, US, Saudi Arabia Could Collaborate To Stabilise Oil Markets: Dmitriev

Home Russia Russia, US, Saudi Arabia Could Collaborate To Stabilise Oil Markets: Dmitriev Oil prices surged on Thursday after Israel struck Iranian nuclear sites in Natanz and Arak, sparking fears of a wider Middle East conflict disrupting crude supplies. …

Source: StratNews Global - Indeterminate
Published on Jun 19, 2025

WATCH: Oil gains as Middle East tension provides support

The oil price has climbed due to the tension in the Middle East, with Goldman Sachs predicting that geopolitical risk could add as much as $10 a barrel to the cost of Brent crude. Meanwhile, oil cartel Opec has kept its forecast for global oil unchanged …

Source: BusinessLIVE - Pending
Published on Jun 19, 2025

Saudi energy minister: OPEC+ become key guarantor of oil prices

Saudi Gazette report ST. PETERSBURG — Saudi Minister of Energy Prince Abdulaziz bin Salman said on Thursday that OPEC+ has become a key guarantor of oil prices and the oil sector as a whole. Speaking at the St. Petersburg Economic Forum on Thursday, he …

Source: Saudi Gazette - Indeterminate
Published on Jun 17, 2025

Oil & gas price uptick and vessel rerouting as Israel-Iran conflict keeps markets on edge

A spike in crude oil prices and tweaks to ships’ regular routes are some of the key indicators of uncertainty enveloping energy and shipping markets in the wake of Israel’s attack on Iran, as both countries turn off their giant offshore hydrocarbon …

Source: Offshore Energy - Neutral
Published on Jun 19, 2025

Saudi Energy Minister on Iranian oil loss: We only react to reality

Saudi Energy Minister Prince Abdulaziz bin Salman said that Saudi Arabia will only "react to reality" when asked on Thursday if it and Russia would replace any possible loss of Iranian crude oil. Speaking at an economic conference in St …

Source: World Energy News - Connecticut - Pending
Published on Jun 19, 2025

Despite threats, Iran never closed Strait of Hormuz; oil mkt well-supplied: Analysts

Strait of Hormuz - the narrow but strategically vital waterway through a fifth of world's oil and gas transits and is supply lane for more than a third of India's energy need - has never been shut and Iran has used shutdown threats as a diplomatic …

Source: ETEnergyworld.com - Indeterminate
Published on Jun 19, 2025

4 reasons why crude oil is not likely to sustain $80/bbl. How is India impacted?

While the Israel-Iran tension has kept crude oil on the boil with an 8% jump in the past eight days and 23% over a month, the black gold is unlikely to breach the $80 per barrel mark, according to estimates by a couple of brokerages. "While the Iran– …

Source: The Economic Times - Center-right
Published on Jun 19, 2025

Iran, diminished in OPEC, no longer holds oil trump card

At the height of the Yom Kippur War in 1973, Iran enthusiastically joined other OPEC countries in an oil embargo against Israel’s Western allies. Then one of the world’s biggest producers, the Islamic Republic had helped found the producer group a decade …

Source: Hellenic Shipping News - Neutral

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Published on June 20, 2025 - 11:44 GMT

Economic Bulletin Issue 4, 2025

Overview At its meeting on 5 June 2025, the Governing Council decided to lower the three key ECB interest rates by 25 basis points. In particular, the decision to lower the deposit facility rate – the rate through which the Governing Council steers the …

Distribution channels: Banking, Finance & Investment Industry
Published on June 3, 2025 - 20:52 GMT

The downside oil market risks of a new Iran deal

After five rounds of negotiations to date, the United States and Iran have yet to reach a new agreement on the Iranian nuclear program, though reportedly the two sides have made some limited progress and plan to meet again. Most of the Middle East is …

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Published on June 1, 2025 - 11:08 GMT

OPEC+ Ramps Up Oil Output by 411,000 BPD in July

(MENAFN) On Saturday, the Organization of the Petroleum Exporting Countries (OPEC) and its allied producers, collectively called OPEC+, revealed plans to ramp up oil production by 411,000 barrels per day (bpd) starting in July. This decision was reached …

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Published on May 29, 2025 - 14:00 GMT

OPEC Secretary General Announced as Keynote Speaker at Global Energy Show Canada

CALGARY, Alberta, May 29, 2025 (GLOBE NEWSWIRE) -- dmg events is announcing that OPEC Secretary General, His Excellency Haitham Al Ghais, will make an official visit to Canada this June and appear as a Keynote Speaker at the Global Energy Show Canada (GESC …

Distribution channels: Culture, Society & Lifestyle ...

Published on May 26, 2025 - 11:26 GMT

Oil Prices See Slight Uptick as Trump Delays EU Tariffs

(MENAFN) Oil prices edged up slightly on Monday, supported by U.S. President Donald Trump’s move to postpone the implementation of heavy tariffs on the European Union, alongside ongoing tensions fueled by the Russia-Ukraine war. At 10:23 a.m. local time ( …

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Published on May 20, 2025 - 12:00 GMT

GasBuddy Sees Robust Summer Road Trip Season, Cheapest Inflation-Adjusted Memorial Day Gas Prices Since 2003*, Some Days ...

DALLAS, TX, May 20, 2025 (GLOBE NEWSWIRE) -- GasBuddy, the leading fuel savings platform saving North American drivers the most money on gas, today released its 2025 Summer Travel Survey results and forecast for summer travel, revealing that American road …

Distribution channels: Culture, Society & Lifestyle, Media, Advertising & PR ...
Published on May 15, 2025 - 16:00 GMT

Everyone’s Watching the Fed—But a $150 Trillion U.S. Asset Could Be the Real Key to Lower Gas Prices, Says Ex CIA ...

WASHINGTON, May 15, 2025 (GLOBE NEWSWIRE) -- As media headlines obsess over interest rate cuts, Wall Street volatility, and OPEC negotiations, one critical story has flown under the radar. According to former CIA advisor Jim Rickards, the biggest driver of …

Distribution channels: Consumer Goods, Media, Advertising & PR ...
Published on May 6, 2025 - 16:38 GMT

OPEC+ and BP Reshape the Global Energy Narrative - Ian Timis Offers a Steady Hand in Natural Resources Management

As BP and OPEC+ reset priorities, Ian Timis brings strategic clarity and operational strength to today’s evolving natural resources sector. LONDON, LONDON, UNITED KINGDOM, May 6, 2025 /⁨EINPresswire.com⁩/ -- In early May 2025, OPEC+ announced an …

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

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Published on June 20, 2025 - 20:55 GMT

The Chill Brothers Acquires Webb Air Heating & Cooling

Acquisition strengthens The Chill Brothers’ presence in Fort Worth. FORT-WORTH, TX, UNITED STATES, June 20, 2025 /⁨EINPresswire.com⁩/ -- The Chill Brothers, a leading provider of residential and commercial HVAC services in Texas and North Carolina …

Distribution channels: Companies, Consumer Goods ...
Published on June 20, 2025 - 20:18 GMT

CURVE ENERGY CORP. PROVIDES TRANSACTION UPDATE

CURVE ENERGY CORP. PROVIDES TRANSACTION UPDATE: SHAREHOLDER APPROVAL OF CONTINUANCE AND AMALGAMATION, EXECUTION OF AMENDING AGREEMENT VANCOUVER, BRITISH COLUMBIA, CANADA, June 20, 2025 /⁨EINPresswire.com⁩/ -- Curve Energy Corp. (the “Company” or “ …

Distribution channels: Banking, Finance & Investment Industry, Chemical Industry ...
Published on June 20, 2025 - 20:00 GMT

Princeton Logistics Launches Aerospace & Defense Division

Support Government and Military Contractor Growth PRINCETON, NJ, UNITED STATES, June 20, 2025 /⁨EINPresswire.com⁩/ -- Princeton Logistics, a recognized leader in e-commerce middle mile and time-definite LTL services, is proud to announce the …

Distribution channels: Aviation & Aerospace Industry, Energy Industry ...
Published on June 21, 2025 - 07:19 GMT

ENR Ranking Member Heinrich Releases State-Specific Data on Economic Impact of Republicans’ “Big, Beautiful Betrayal” on ...

Republicans’ reconciliation bill will kill 840,000 jobs by 2030, raise energy costs on American households by $110 as soon as next year WASHINGTON — Today, U.S. Senator Martin Heinrich (D-N.M.), Ranking Member on the U.S. Energy and Natural Resources …

Distribution channels: Energy Industry
Published on June 20, 2025 - 16:30 GMT

Websnoogie, LLC Launches Revolutionary Free SEO Audit App Delivering Instant Website Analysis

Revolutionary app delivers complete SEO audits in under two minutes, making professional-grade optimization insights accessible to all businesses. OMAHA, NE, UNITED STATES, June 20, 2025 /⁨EINPresswire.com⁩/ -- Websnoogie, LLC, a leading provider …

Distribution channels: Agriculture, Farming & Forestry Industry, Automotive Industry ...
Published on June 20, 2025 - 16:30 GMT

BLUETTI Launches Elite 100 V2 Portable Power Station for Camping and Short Outages

LAS VEGAS, NV, UNITED STATES, June 20, 2025 /⁨EINPresswire.com⁩/ -- BLUETTI, a leading innovator in portable power solutions, has officially unveiled its latest innovation, the Elite 100 V2 portable power station, built for camping trips and short- …

Distribution channels: Consumer Goods, Electronics Industry ...
Published on June 20, 2025 - 16:24 GMT

Artificial Intelligence (AI) Certificate Programs Added at Madison Education Group (MEG)

MEG AI Certificate Programs MELBOURNE, FL, UNITED STATES, June 20, 2025 /⁨EINPresswire.com⁩/ -- Madison Education Group (MEG), a premier provider of professional development certifications and trainings, continues to expand its certificate …

Distribution channels: Amusement, Gaming & Casino, Banking, Finance & Investment Industry ...
Published on June 20, 2025 - 15:45 GMT

Home Improvement Specialist Logan MacMillen of All Weather Seal Shares Insights on Choosing Best Features in HelloNation

TRAVERSE CITY, MI, UNITED STATES, June 20, 2025 /⁨EINPresswire.com⁩/ -- What should homeowners prioritize when selecting window and bathroom upgrades that will stand the test of time? According to Logan MacMillen of All Weather Seal in Traverse …

Distribution channels: Building & Construction Industry, Business & Economy ...
Published on June 20, 2025 - 15:33 GMT

Ferris State University Hosts Two Project MFG National Welding Championships, Showcasing the Future of Skilled Trades

Ferris State University hosted the 2025 Project MFG Maritime Welding Championship and the National Welding League Championship highlighting the best welders. BIG RAPIDS, MI, UNITED STATES, June 20, 2025 /⁨EINPresswire.com⁩/ -- Ferris State …

Distribution channels: Automotive Industry, Consumer Goods ...
Published on June 20, 2025 - 15:31 GMT

Clean Fuel Shift Powers LNG Engine Market to $10.7 Billion by 2033

LNG engine market grows with stricter emissions rules, cost benefits, and rising marine and transport use, despite high costs and limited refueling sites. WILMINGTON, DE, UNITED STATES, June 20, 2025 /⁨EINPresswire.com⁩/ -- According to a new …

Distribution channels: Energy Industry, Technology ...
Published on June 20, 2025 - 14:49 GMT

Green Transition Powers Renewable Fuel Market to $2.0 Trillion by 2031

Net-zero goals and energy transition are boosting demand for renewable fuels, though cheap alternatives and oil price volatility may limit growth. WILMINGTON, DE, UNITED STATES, June 20, 2025 /⁨EINPresswire.com⁩/ -- According to a new report …

Distribution channels: Automotive Industry, Energy Industry ...
Published on June 20, 2025 - 14:20 GMT

OCAST Launches $500K Innovation Grant Opportunity for Private Sector Companies

Oklahoma companies can now apply for up to $500K in non-dilutive funding to solve industry problems and drive statewide economic growth. OKLAHOMA CITY, OK, UNITED STATES, June 20, 2025 /⁨EINPresswire.com⁩/ -- The Oklahoma Center for the …

Distribution channels: Energy Industry, Environment ...
Published on June 20, 2025 - 13:16 GMT

Power Purchase Agreement Market Forecast: $18.4 Billion by 2031, 4.9% CAGR Growth

The power purchase agreement market is set to grow as corporates adopt renewables and PPAs help mitigate risks for energy producers and buyers. WILMINGTON, DE, UNITED STATES, June 20, 2025 /⁨EINPresswire.com⁩/ -- According to a new report …

Distribution channels: Energy Industry, Technology ...
Published on June 20, 2025 - 13:15 GMT

Methanol Market Size, Share, Growth and Future Business Opportunities to 2030: The Latest Research 2025

The global methanol market is projected to reach $54.6 billion by 2030, growing at a CAGR of 5.06% from 2022 to 2030. WILMINGTON, DE, UNITED STATES, June 20, 2025 /⁨EINPresswire.com⁩/ -- Allied Market Research recently published a report, titled, …

Distribution channels: Business & Economy, Energy Industry ...
Published on June 20, 2025 - 12:55 GMT

Power Plant Maintenance Market Forecast: $33.2 Billion by 2031, 4.8% CAGR Growth

Rising electricity demand and government CO₂ reduction efforts drive growth in power plant maintenance, with solar energy adoption boosting the trend. WILMINGTON, DE, UNITED STATES, June 20, 2025 /⁨EINPresswire.com⁩/ -- According to a new report …

Distribution channels: Energy Industry, Technology ...
Published on June 20, 2025 - 12:21 GMT

Norm OJSC Signs Balancing Agreement with Azerenerji and Enerso Jabrayil to Advance Green Energy Transition

The agreement positions Norm as a frontrunner in industrial decarbonization, advancing Azerbaijan’s clean energy goals through solar power integration. BAKU, AZERBAIJAN, June 20, 2025 /⁨EINPresswire.com⁩/ -- Norm OJSC, Azerbaijan’s leading …

Distribution channels: Business & Economy, Energy Industry ...
Published on June 20, 2025 - 11:30 GMT

Allstream Expands Service Offerings Adding Strategy Consulting & Generative Engine Optimization GEO SEO for Oil and Gas

HOUSTON, TX, UNITED STATES, June 20, 2025 /⁨EINPresswire.com⁩/ -- Allstream Energy Partners, a leader in providing strategic consulting and innovative solutions for the energy sector, is thrilled to announce the expansion of its service portfolio …

Distribution channels: Chemical Industry, Energy Industry ...
Published on June 20, 2025 - 09:18 GMT

EV Charging Station Market Accelerates on Green Mobility Wave – A USD 226.3 Billion Opportunity by 2031

Rise in adoption of electric vehicles and supportive government initiatives drive the global electric vehicle charging station market. WILMINGTON, NEW CASTLE, DE, UNITED STATES, June 20, 2025 /⁨EINPresswire.com⁩/ -- According to a recent report …

Distribution channels: Electronics Industry, Energy Industry ...
Published on June 20, 2025 - 08:03 GMT

Wire and Cable Market Estimated to Experience a Hike in Growth By 2032

Wire and Cable Market Expected to Reach $323.8 Billion by 2032—Allied Market Research WILMINGTON, DE, UNITED STATES, June 20, 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 June 20, 2025 - 08:01 GMT

Copper Wire and Cable Market to Register Substantial Expansion By 2030

Copper Wire and Cable Market Expected to Reach $267.17 Billion by 2030 WILMINGTON, DE, UNITED STATES, June 20, 2025 /⁨EINPresswire.com⁩/ -- Allied Market Research, titled, "Copper Wire and Cable Market By Type, Voltage, and Application: …

Distribution channels: Electronics Industry, Energy Industry ...