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Business InsightsHas the oil and gas industry learnt lessons from the Israel-Iran conflict?

Open fighting between Israel and Iran, and missile and drone strikes on oil and gas facilities would once have triggered crisis in energy markets. Yet after the 12-day war between Israel and Iran, joined by the US, oil prices are lower than when it started …

Oil Prices See Uptick as Weaker Dollar Fuels Demand

(MENAFN) Oil prices saw a modest uptick on Monday, as traders sought to capitalize on last week's declines while a weaker US dollar fueled demand. Brent crude, the global benchmark, gained 0.37%, reaching $66.58 per barrel at 10:32 a.m. local time ( …

Oil prices off to rocky start; OPEC+ supply to rise

Oil prices started the week slightly lower, weighed by easing geopolitical tensions in the Middle East and expectations of another production increase from OPEC+ in August, which improved the outlook for global supply amid ongoing demand uncertainty. By 3: …

Oil Prices fall following easing of Middle East tensions

New York, SANA–Oil prices fell Monday as geopolitical risks in the Middle East subsided and expectations grew for a potential increase in output by the OPEC+ alliance in August, raising the likelihood of higher market supply. Reuters reported that Brent …

Oil Prices Dip as OPEC+ Boosts Supply

Irina Slav Irina is a writer for Oilprice.com with over a decade of experience writing on the oil and gas industry. More Info By Irina Slav - Jun 30, 2025, 1:57 AM CDT Crude oil prices fell at the start of the week due to an anticipated increase in OPEC+ …

Minister demands investigation into oil refinery collapse

Michael Shanks, the energy minister, is demanding an investigation into the collapse of Prax Lindsey oil refinery.“There have been longstanding issues with this company and workers have been badly let down,” he said. “The secretary of state is writing to …

Palm oil and crude Dalian slips due to weak Dalian palm oil

Malaysian palm futures fell on Monday, erasing gains from the previous session, as Dalian palm oil and crude prices declined. By midday, the benchmark palm oil contract on Bursa Derivatives Exchange for September delivery had fallen 44 ringgit or 1.1% to $ …

Minister demands investigation into oil refinery collapse

Michael Shanks, the energy minister, is demanding an investigation into the collapse of Prax Lindsey oil refinery.“There have been longstanding issues with this company and workers have been badly let down,” he said. “The secretary of state is writing to …

Oil declines on OPEC+ supply outlook and easing Middle East concerns

2025-06-30T05:20:32+00:00 font Enable Reading Mode A- A A+ Shafaq News Oil prices fell on Monday as an easing of geopolitical risks in the Middle East and the prospect of another OPEC+ output hike in August improved supply expectations amid persistent …

Business InsightsHas the oil and gas industry learnt lessons from the Israel-Iran conflict?

Open fighting between Israel and Iran, and missile and drone strikes on oil and gas facilities would once have triggered crisis in energy markets. Yet after the 12-day war between Israel and Iran, joined by the US, oil prices are lower than when it started …

Oil slips on chance of output increase from Opec+

Singapore — Oil prices fell on Monday as an easing of geopolitical risks in the Middle East and the prospect of another Opec+ output hike in August improved supply expectation amid persistent uncertainty over the outlook for global demand. Brent crude …

Crude oil futures decline as Israel-Iran ceasefire holds

Brent crude prices declined by over 13 per cent last week after the US brokered a ceasefire between Israel and Iran. Crude oil futures traded lower on Monday morning amid signs of easing geopolitical tensions between Israel and Iran. At 9.56 am on Monday, …

Oil: Why the "Peace Dividend" Could be the Story of the Year

Oil prices are pulling back thanks to a “peace dividend” – along with rumors of an OPEC production hike at the group’s July 6 meeting. Indeed, the historic positive momentum towards peace in the world could be the biggest story in the energy markets this …

Oil Prices Dip After Worst Weekly Drop In 2 Years As OPEC+ Reportedly Eyes Another Big Output Boost

Oil prices declined on Monday, following the worst weekly decline in over two years, after reports suggested that OPEC+ was considering another production hike amid easing of tensions in the Middle East. Benchmark Brent crude prices fell 0.4% at $66.56 per …

Oil Ticks Lower on Easing Geopolitical Risks, OPEC+ Output Hike Prospects

Oil Falls as Risk Premium Recedes Before OPEC+ Supply Decision

Oil is trading near where it started before Israel first attacked Iran on June 13, with futures on track for a 10% loss this quarter, as focus returns to supply and demand balances. Apart from the potential OPEC+ increase, which may worsen a glut forecast …

Israel-Iran conflict unlikely to impact US associated gas production, prices

US associated gas production and benchmark Henry Hub prices will likely see no material impact from the Israel-Iran conflict, despite a continued risk premium reflected in the crude oil markets. Over the past two weeks, global crude prices surged as Israel …

Urals diffs stable, Russia’s daily oil loadings from its western ports set to fall in July

Urals crude differentials to dated Brent held steady on Friday, while oil loadings from Russia’s Primorsk, Novorossiisk and Ust-Luga including Urals, Kazakh KEBCO and Siberian Light grades are seen falling in July from the current month. Russia’s daily oil …

Oil prices fall on the prospect of more OPEC+ supplies, easing Mideast risks

The oil price fell 1% Monday, as the outlook for supply was boosted by a lowering of geopolitical risk in the Middle East. Brent crude futures dropped 66 cents or 0.97% to $67.11 per barrel at 0031 GMT ahead of the expiration of the August contract later …

Bloomberg News Ranks Jason Schenker #1 Major Currency Forecaster in the World

Bloomberg News Ranked Jason Schenker the #1 Top Foreign Exchange Major Currency Forecaster in the World Through the End of Q2 2025 NEW YORK, NY, UNITED STATES, July 1, 2025 /⁨EINPresswire.com⁩/ -- Prestige Economics is pleased to announce that …

Benedictine University Launches Exclusive Partnership with HMS

Expanding Access to Graduate Programs with CPT for International Students LISLE, IL, UNITED STATES, July 1, 2025 /⁨EINPresswire.com⁩/ -- Benedictine University (BenU) is proud to announce the launch of an exclusive partnership with Howell …

Global Vision Unveiling by Save Earth Mission to Feature Powerful Speech by Sandeep Choudhary on July 3

AHMEDABAD, TEXAS, INDIA, July 1, 2025 /⁨EINPresswire.com⁩/ -- In a world urgently seeking sustainable solutions, Save Earth Mission is stepping forward with bold action. On July 3, 2025, the organization will host its most ambitious gathering yet — …

SystemDomain has been recognized as a Top Staffing Company to Watch in 2025

CHICAGO, IL, UNITED STATES, July 1, 2025 /⁨EINPresswire.com⁩/ -- SystemDomain, Inc. is proud to announce its recognition as a Top Staffing Company to Watch in 2025 by Candidately during the World Staffing Summit. This prestigious honor highlights …

SOS Kendu Merger: Expanding Sustainable Solutions to Diverse Communities

Smart Oregon Solutions and Kendu Construction Merge to Launch SOS Kendu – A Certified Minority Division Focused on Smart Infrastructure VANCOUVER, WA, UNITED STATES, July 1, 2025 /⁨EINPresswire.com⁩/ -- – Smart Oregon Solutions (SOS), a leader in …

Successful testing at Eta Space marks major step toward commercial hydrogen energy solutions

Eta Space completes liquid hydrogen storage testing for transportation company ROCKLEDGE, FL, UNITED STATES, July 1, 2025 /⁨EINPresswire.com⁩/ -- Eta Space has successfully completed its initial round of Liquid Hydrogen (LH2) storage testing for …

Solar Energy Market Size to Reach 6.26 thousand GW by 2030, Forecasts Mordor Intelligence

The market is driven by demand for clean and renewable energy, increased utility-scale installations, and corporate & industrial demand for sustainable power. HYDERABAD, TELANGANA, INDIA, July 1, 2025 /⁨EINPresswire.com⁩/ -- According to …

Ireland-Based Thermahood Targets Global Energy Waste Through Simple, Affordable Home Innovation

BOCA RATON, FL, UNITED STATES, July 1, 2025 /⁨EINPresswire.com⁩/ -- As global energy usage rises, Thermahood, a first-of-its-kind solution for reducing home energy waste, is sounding the alarm; educating consumers on simple, new tools- like its DIY …

Automation Push Drives Electric Control Panel Market to $10.3 Billion by 2032

The electric control panel market is growing due to renewable energy and automation demand, though high cost and complexity pose challenges. WILMINGTON, DE, UNITED STATES, July 1, 2025 /⁨EINPresswire.com⁩/ -- According to a new report published by …

Outdoor & Emergency Use Fuels Portable Power Station Market to $5.9 Billion by 2031

Rising outdoor activities and demand for backup power are driving sales of portable power stations, with enhanced features boosting consumer adoption. WILMINGTON, DE, UNITED STATES, July 1, 2025 /⁨EINPresswire.com⁩/ -- According to a new report …

GPRS Names Four New Vice Presidents & Elevates Another to Senior Leadership

The Moves Signal Optimism About Continued Growth for National Firm MAUMEE, OH, UNITED STATES, July 1, 2025 /⁨EINPresswire.com⁩/ -- GPRS is pleased to announce the promotion of four outstanding team members to the role of Vice President. They are …

Daelim Belefic Expands U.S. Inventory of Ready-to-Ship UL-Listed Transformers for Data Centers and Crypto Mining

Daelim Belefic stocks 500+ UL-listed transformers in the U.S. for rapid deployment in crypto mining and AI data center operations. HOUSTON, TX, UNITED STATES, July 1, 2025 /⁨EINPresswire.com⁩/ -- The growth of AI-driven data centers and …

EVM Receives Special Recognition at 2025 Fastmarkets Voltas Awards

EVM’s Lithium Chemicals Plant Project receives special recognition award in the Best New Project category at Fastmarkets Voltas Awards held in Las Vegas, USA LAS VEGAS, NV, AUSTRALIA, July 1, 2025 /⁨EINPresswire.com⁩/ -- EV Metals Group plc (“EVM” …

Survey: Extreme Weather, Rising Energy Bills & Power Grid Instability Spark Demand for Better Home Energy Solutions

Horowitz Research survey found a shifting sentiment has many homeowners in high-risk states looking for alternatives to Tesla's Powerwall IRVINE, CA, UNITED STATES, July 1, 2025 /⁨EINPresswire.com⁩/ -- An overwhelming 91% of combined …

Go-IBR.com Research Paper Highlights Leading Providers in NERC Compliance Software and Services Market

New Research Reveals Tiered Landscape of NERC Compliance Solution Providers and Growing Opportunities for Specialized Solutions CHICAGO, IL, UNITED STATES, July 1, 2025 /⁨EINPresswire.com⁩/ -- Go-IBR.com, a leading provider of industry research …

Power Amplifier Market to Witness Robust Expansion Throughout the Forecast Period 2022 – 2032

Power Amplifier Market Expected to Reach $28 Billion by 2032—Allied Market Research WILMINGTON, DE, UNITED STATES, July 1, 2025 /⁨EINPresswire.com⁩/ -- Allied Market Research, titled, “Power Amplifier Market By Type, Material, End User, Region: …

Alternus Reports First Quarter '25 Financial Results and Provides Business Update with Further Balance Sheet Improvement

Current Project Pipeline Could Deliver Over 100 million Kilowatt Hours (KWh) of Clean Energy to Customers Once Fully Deployed Over Next Two Years, Alternus Clean Energy (OTCQB:ALCE) NEW YORK, NY, UNITED STATES, July 1, 2025 /⁨EINPresswire.com⁩/ …

Solid State Relay Market Foreseen to Grow Exponentially Over 2032

Solid State Relay Market Expected to Reach $2.1 Billion by 2032—Allied Market Research WILMINGTON, DE, UNITED STATES, July 1, 2025 /⁨EINPresswire.com⁩/ -- Allied Market Research, titled, "Solid State Relay Market By Type, Mounting Type, and …

Utility and Kunwha E&C Partner to Launch Clean Hydrogen Projects in South Korea

Joint development agreement to deploy H2Gen® technology for carbon-negative hydrogen from biogas, supporting Korea’s Hydrogen Economy Roadmap HOUSTON, TX, UNITED STATES, July 1, 2025 /⁨EINPresswire.com⁩/ -- Utility, the off-gas-to-value company …

Perovskite Solar Market to Surge from $350.07M (2024) to $8.8B (2032) at 38.05% CAGR

The Perovskite Solar Cells Market is set to grow from $350.07M in 2024 to $8.81B by 2032 AUSTIN, TX, UNITED STATES, July 1, 2025 /⁨EINPresswire.com⁩/ -- Market Value and Growth Trends The Global Market for Perovskite Solar Cells Market Size was valued …