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Published on Mar 4, 2025

BMI keeps Brent crude oil price projection at US$76 per barrel in 2025

KUALA LUMPUR: BMI, a unit of Fitch Solutions, has maintained its 2025 forecast for Brent crude at an average of US$76 per barrel (bbl), slightly lower than the average of US$80/bbl in 2024. In its oil price outlook report released today, it noted that …

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

Brent settles down, hit 6-month low on Opec+ output rise, tariffs, Ukraine news

OIL prices swooned on Tuesday and settled close to to multi-month lows after reports of Opec+ plans to proceed with output increases in April and news of US tariffs on Canada, Mexico and China as well as Beijing’s retaliatory tariffs. Brent futures settled …

Source: The Business Times Singapore - Neutral
Published on Mar 4, 2025

OPEC+’s Relaxed Targets Reflect Bullish View Of Market

CANADA - 2025/02/07: In this photo illustration, the Organization of the Petroleum Exporting ... [+] Countries (OPEC) logo is seen displayed on a smartphone screen. (Photo Illustration by Thomas Fuller/SOPA Images/LightRocket via Getty …

Source: Forbes - Neutral
Published on Mar 4, 2025

OPEC+ to increase crude oil output from April — first hike since 2022

The Organisation of the Petroleum Exporting Countries and its allies (OPEC+) have decided to proceed with a planned oil output increase in April. According to Reuters on Monday, the decision, which is the first since 2022 from OPEC+, comes amid renewed …

Source: The Cable - Neutral
Published on Mar 4, 2025

Crude oil slips below $70, hits 6-month low on OPEC+ output increase, US tariffs

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 U.S. tariffs on Canada, Mexico and China as well as Beijing's retaliatory tariffs. Brent …

Source: The Economic Times - Center-right
Published on Mar 4, 2025

Brent Oil Price Analysis: Six-Month Lows Amid OPEC Output, Tariffs & Russia-Ukraine Negotiations

Brent crude oil prices have fallen to a six-month low due to OPEC+’s decision to increase output. The US has announced the end of Chevron’s license to operate in Venezuela, an OPEC member. Market participants are also concerned about potential easing of …

Source: OANDA Market Pulse - Neutral
Published on Mar 4, 2025

Oil prices drop as OPEC+ agrees to gradually hike output from April

Oil prices had already been trading lower in the last few weeks, partly because of expectations that US president Donald Trump could swiftly end Russia’s war in Ukraine. This, in turn, is likely to increase Russian oil output thanks to sanctions relief. …

Source: Euronews - Neutral
Published on Mar 4, 2025

Oil prices slide as OPEC+ moves forward with oil supply hike

Crude oil (CL=F, BZ=F) prices lag on Tuesday as OPEC+ is opting to hike its supply following pressures from the Trump administration, aiming to increase production from 138,000 barrels per day to 2.2 million barrels per day by 2026. Yahoo Finance senior …

Source: Yahoo Finance - Label Pending
Published on Mar 4, 2025

Oil Prices Fall as OPEC+ Increases Production and Trade Tensions Escalate

Oil prices continued their decline on Tuesday following reports that OPEC+ plans to stick to its production increase plan for April, while markets brace for the impact of U.S. tariffs on Canada, Mexico, and China, as well as retaliatory tariffs from …

Source: Jordan News - Uncategorized
Published on Mar 4, 2025

OPEC+ Countries Will Start Unwinding 2MM Bpd Cut from April

A statement posted on OPEC’s website on Monday revealed that Saudi Arabia, Russia, Iraq, the United Arab Emirates, Kuwait, Kazakhstan, Algeria, and Oman will start unwinding a 2.2 million barrel per day cut from next month. “The eight OPEC+ countries, …

Source: Rigzone - Neutral
Published on 17:27 GMT

Oil price tumbles to three-year low on fears trade war will hit demand

Stay informed with free updates Simply sign up to the Oil myFT Digest -- delivered directly to your inbox. Oil prices fell for the third day in a row, tumbling nearly 3 per cent to the lowest level in three years as fears rise that US President Donald …

Source: The Financial Times - Neutral
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 Mar 4, 2025

Kazakhstan's oil output hits record high, exceeding OPEC+ quota

Kazakhstan raised crude oil and gas condensate production in February by 13% from January to a record high 2.12 million barrels per day, a source told Reuters on Monday, again exceeding its quota within the OPEC+ group of oil producers. Excluding gas …

Source: ETEnergyWorld - Uncategorized
Published on Mar 4, 2025

OPEC+ to raise output for first time since 2022

The Reuters news agency said in a Monday report that OPEC+ will begin to unwind its cuts by an average increase of 138,000 barrels per day (bpd) in April. The report quoted three unidentified sources as saying that the increase will go ahead as planned …

Source: Mehr News Agency - Gov't Propaganda
Published on 20:09 GMT

Tariffs will have an uneven impact on US gas prices

New York (CNN) — The US tariffs on Canadian fuel imports could hit some parts of the country harder than others. The Northeast could see that change first, according to experts, and prices are also at risk of rising on the West Coast. But even those …

Source: KTVZ - Oregon - Neutral
Published on 19:39 GMT

US order sets date for Chevron to grind oil exports from Venezuela to a halt

The U.S.-headquartered energy giant Chevron has been given a 30-day deadline to bring a wind-down of its crude oil production and exports in Venezuela to an end, as its previous license has been revoked by the U.S. Treasury Department’s Office of Foreign …

Source: Offshore Energy - Neutral
Published on Mar 3, 2025

OPEC+ to raise output for first time since 2022: Report

The Organization of the Petroleum Exporting Countries and its allies, a grouping known as OPEC+, has decided to go ahead with plans to increase its production in April after three years of imposing cuts. The Reuters news agency said in a Monday report that …

Source: Press TV - Label Pending
Published on 17:24 GMT

Minister Gwede Mantashe announces adjustment of fuel prices with effect from 5 March 2025

South Africa’s fuel prices are adjusted monthly, informed by international and local factors. International factors include the fact that South Africa imports both crude oil and finished products at a price set at the international level, including …

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Published on 13:26 GMT

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

Gaining momentum to achieve initial access in the Putumayo in Q2 2025 as originally anticipated.Per budgeted plans, activity is expected to begin with a workover rig, with a drilling rig added approximately mid-year. Progressing waterflood and polymer …

Source: Guelph Mercury - Label Pending

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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 …

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Published on March 5, 2025 - 17:24 GMT

Minister Gwede Mantashe announces adjustment of fuel prices with effect from 5 March 2025

South Africa’s fuel prices are adjusted monthly, informed by international and local factors. International factors include the fact that South Africa imports both crude oil and finished products at a price set at the international level, including …

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Published on March 4, 2025 - 14:39 GMT

Nordic American Tankers Ltd (NYSE: NAT) – Non-Executive Vice Chairman of NAT, Alexander Hansson buys more shares

Tuesday, March 4, 2025 Dear Shareholders and Investors, Non-Executive Vice Chairman of NAT, Alexander Hansson, has today bought 100,000 shares at $2.45 per share. He is now holding 4,100,000 shares. Following this transaction, the Hansson family owns 8 …

Distribution channels: Shipping, Storage & Logistics ...
Published on March 3, 2025 - 21:45 GMT

W&T Offshore Announces Fourth Quarter and Full Year 2024 Results Including Year-End 2024 Proved Reserves, Provides ...

HOUSTON, March 03, 2025 (GLOBE NEWSWIRE) -- W&T Offshore, Inc. (NYSE: WTI) (“W&T,” the “Company” or “us”) today reported operational and financial results for the fourth quarter and full year 2024, including the Company’s year-end 2024 reserve …

Distribution channels: Banking, Finance & Investment Industry, Business & Economy ...
Published on March 3, 2025 - 13:32 GMT

California Resources Reports Fourth Quarter and Full Year 2024 Financial and Operating Results

Achieves Meaningful Capital Efficiency Improvements and Significant Cost Reductions Following Aera Merger LONG BEACH, Calif., March 03, 2025 (GLOBE NEWSWIRE) -- California Resources Corporation (NYSE: CRC) today reported financial and operating results for …

Distribution channels: Business & Economy, Mining Industry ...
Published on March 3, 2025 - 13:31 GMT

Carbon TerraVault Provides 2024 Update

Signs Carbon Management MOU1 with National Cement for California’s First Net Zero Cement Facility LONG BEACH, Calif., March 03, 2025 (GLOBE NEWSWIRE) -- Carbon TerraVault Holdings, LLC (CTV), a carbon management subsidiary of California Resources …

Distribution channels: Business & Economy, Companies ...

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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 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 - 14:45 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 - 14:38 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

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 - 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 - 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 ...