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Published on May 5, 2025

Oil Prices Fall, World Share Prices Mixed In Thin Holiday Trading

(MENAFN- Kashmir Observer) Representational Photo Hong Kong- Global shares were mixed in holiday-thinned trading Monday, while oil prices fell after the OPEC+ group of oil producing nations said it plans to boost output. Markets were closed in Britain and …

Source: MENAFN - Indeterminate
Published on May 5, 2025

Mideast Stocks: Most Gulf markets fall on weak oil ahead

Most major stock markets in the Gulf fell in early trade on Monday pressured by falling oil prices and investor caution ahead of developments in U.S.-China trade relations. Oil prices - a catalyst for the Gulf's financial markets - fell more than $1 a …

Source: Zawya - Indeterminate
Published on May 5, 2025

Tariff Tracker, May 5: Asian banks offload dollar reserves, OPEC+ to increase oil supply

Trump trade policy 2025: There seems to be nary a dull moment in tracing the onslaught of the US president’s tariff announcements, and the snowballing effect worldwide.Over the weekend, China, the recipient of 145% in US tariffs, signalled its willingness …

Source: The Indian Express - Center-left
Published on May 5, 2025

OPEC+'s 'healthy' crude oil market looks like catching a cold: Russell

(The views expressed here are those of the author, a columnist for Reuters.) LAUNCESTON, Australia, May 5 (Reuters) - If there is one thing that is almost certain in the current global crude oil market, it's that the stated reasons for the OPEC+ group …

Source: Zawya - Indeterminate
Published on May 5, 2025

Paint stocks surge up to 2.5% as crude oil prices crash nearly 4%; Berger Paints among top gainers

Stock Market Today: Indian paint stocks, including Asian Paints, Berger Paints, and Kansai Nerolac, traded higher in Monday's session (May 5), reflecting the broader positive momentum in the Indian stock market after crude oil prices dropped sharply …

Source: Mint - Neutral
Published on May 5, 2025

Oil prices on a knife’s edge

May 4, 2025 Oil prices fell in response to news that eight members of OPEC+ will add 411,000 barrels per day to the global market. On Saturday, eight members of OPEC+, including Saudi Arabia and Russia, announced they would add 411,000 barrels per day to …

Source: WorkBoat - Neutral
Published on May 5, 2025

Loud Energy Tape: OPEC Steals The Monday Mic

By Stephen Innes of The Dark Side Of The Boom Sunday, May 4, 2025 11:45 PM EDT Asia’s session kicks off under a holiday hush: Japan’s Golden Week is wrapping with Children’s Day, Korea marks Buddha’s Birthday, and half a dozen regional exchanges are dark …

Source: myMotherLode - Pending
Published on May 5, 2025

Asian currencies surge on weaker dollar, oil falls

PUBLISHED : 5 May 2025 at 12:52 Asian currencies advanced amid broad weakness in the dollar and US assets as investors awaited further progress on trade deals. Crude oil slumped 3.6% after OPEC+ agreed to a further surge in output. A gauge of regional …

Source: Bangkok Post - Center-right
Published on May 5, 2025

SLB sees tough times in 2025 owing to oil oversupply, tariffs, OPEC+ crude releases

Rough sailing is anticipated for upstream oil and gas producers during the rest of 2025 as lower global E&P spending in an already oversupplied oil market is compounded by higher US import tariffs and sizable releases of OPEC+ crude, the top executive …

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

Dollar-selling persists; Crude length trimmed ahead of OPEC output hike – Saxo Bank MENA

(MENAFN- Matrix PR) Forex: COT on forex covering the week to 29 April showed that, despite some emerging USD strength, the dollar-selling theme remained intact, with speculators lifting the gross USD short versus eight IMM futures to an eight-month high of …

Source: MENAFN - Indeterminate
Published on May 5, 2025

Oil prices drop as OPEC+ announces plans to boost output

During the weekend, the OPEC+ group of eight nations announced it will raised its output by 411,000 barrels per day as of June 1, stepping up production increases. The group said strong fundamentals were behind the decision, though analysts also speculated …

Source: News.Az - Pro-Government
Published on May 5, 2025

'Bombshell' OPEC+ Output Hike Hits Oil Price

Oil prices slumped on Monday after eight OPEC+ members announced a sharp increase in production, while Asian stocks treaded water in thin trade with major markets closed. The output increase of 411,000 barrels a day announced by Saudi Arabia, Russia and …

Source: International Business Times - Pending
Published on May 5, 2025

Oil prices drop $2 with most Asian markets closed for holidays

On Sunday, the OPEC+ group of eight nations announced it will raised its output by 411,000 barrels per day. The group said strong fundamentals were behind the decision. Falling crude oil prices have weighed on the sector, as traders factor in the likely …

Source: The Atlanta Journal-Constitution - Georgia - Neutral
Published on May 5, 2025

OPEC+ Output Increase Triggers Oil Price Drop Amid Global Demand Concerns

(MENAFN- The Arabian Post) Arabian Post Staff -Dubai Oil prices fell sharply following OPEC+'s decision to boost output, sparking fears of a global supply glut as demand struggles under the weight of ongoing trade tensions. The agreement reached at the …

Source: MENAFN - Indeterminate
Published on May 5, 2025

Sensex, Nifty Seen Higher At Open As Oil Prices Tumble After OPEC+ Plan

Indian shares look set to open higher on Monday as the latest U.S. jobs data came in better than expected, easing fears of a potential recession. Energy-related stocks could be in focus as crude prices plummeted over $2 a barrel after OPEC+ announced plans …

Source: RTTNews - Neutral
Published on May 5, 2025

Indian stock market: 10 key things that changed for market over weekend - Gift Nifty, FPI inflows to crude oil prices

Indian stock market: The domestic equity benchmark indices, Sensex and Nifty 50, are expected to open higher on Monday, following positive global market cues. Asian markets saw muted openings amid holidays in some of the biggest markets, while the US stock …

Source: Mint - Neutral
Published on May 5, 2025

Oil slumps after OPEC+ plan, US stock futures drop

Oil slumped in early trading after OPEC+ agreed to a further surge in output over the weekend, bolstering global supplies. Asian stocks had a muted open amid holidays in some of the biggest markets. Crude oil fell 3.4% after the group of oil-producing …

Source: The Economic Times - Pending
Published on May 5, 2025

StanChart Cuts 2025 Oil Price Forecast By $16/bbl Amid Trump’s Tariffs

Previously, we reported that commodity analysts at Standard Chartered were bullish on oil prices in the current year, thanks to strong oil fundamentals, including declining U.S. supply growth and OPEC+ supply discipline. StanChart reported that non-OPEC+ …

Source: Oil Price - Neutral
Published on May 4, 2025

Expect a battering on energy stocks: OPEC+ output boost pushes Brent below US$60/bbl

Join our daily newsletter At The Bell to receive exclusive market insights In a turnaround from what has been cartel-wide policy in recent years, OPEC+ has over the weekend announced another oil production boost to come in June. Over the past two years, …

Source: The Market Herald - Neutral

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Published on May 4, 2025 - 12:01 GMT

India insulates itself from oil shocks

(MENAFN) India is making strategic moves to protect itself from global oil market volatility, with crude imports from the US reaching a 27-month high in April 2025. This shift toward dependable suppliers comes amid sanctions on Venezuela and Iran. …

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Published on May 6, 2025 - 05:30 GMT

International Petroleum Corporation Announces First Quarter 2025 Financial and Operational Results

TORONTO, May 06, 2025 (GLOBE NEWSWIRE) -- William Lundin, IPC's President and Chief Executive Officer, comments: “We are pleased to announce another strong quarter of operational and financial performance for Q1 2025. IPC achieved an average net daily …

Distribution channels: Business & Economy ...

Published on May 5, 2025 - 20:01 GMT

Letter to Stockholders Issued by Diamondback Energy, Inc.

MIDLAND, Texas, May 05, 2025 (GLOBE NEWSWIRE) -- Diamondback Stockholders, This letter is meant to be a supplement to our earnings release and is being furnished to the Securities and Exchange Commission (SEC) and released to our stockholders …

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Published on May 5, 2025 - 20:01 GMT

Viper Energy, Inc., a Subsidiary of Diamondback Energy, Inc., Reports First Quarter 2025 Financial and Operating Results

MIDLAND, Texas, May 05, 2025 (GLOBE NEWSWIRE) -- Viper Energy, Inc., (NASDAQ:VNOM) (“Viper” or the “Company”), a subsidiary of Diamondback Energy, Inc. (NASDAQ:FANG) (“Diamondback”), today announced financial and operating results for the first quarter …

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Published on May 5, 2025 - 20:01 GMT

Diamondback Energy, Inc. Announces First Quarter 2025 Financial and Operating Results

MIDLAND, Texas, May 05, 2025 (GLOBE NEWSWIRE) -- Diamondback Energy, Inc. (NASDAQ: FANG) (“Diamondback” or the “Company”) today announced financial and operating results for the first quarter ended March 31, 2025. FIRST QUARTER 2025 AND RECENT HIGHLIGHTS …

Distribution channels: Business & Economy ...
Published on May 5, 2025 - 12:52 GMT

Minister Gwede Mantashe announces adjustment of fuel prices

The Minister of Mineral and Petroleum Resources announces the adjustment of fuel prices based on current local and international factors with effect from the 7th of May 2025. South Africa’s fuel prices are adjusted monthly, informed by international and …

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Published on May 2, 2025 - 08:27 GMT

Economic Bulletin Issue 3, 2025

Summary At its meeting on 17 April 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 May 1, 2025 - 22:25 GMT

Gran Tierra Energy Inc. Reports First Quarter 2025 Results, Record Production and Continued Exploration Success

Achieved Record Total Company Average Quarterly Production of 46,647 boepd Ecuador Exploration Success Continues with Additional Oil Discoveries in Iguana Block Solid Balance Sheet, Exited the Quarter with $77 Million in Cash Following Active Capital …

Distribution channels: Business & Economy ...

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Published on May 6, 2025 - 10:00 GMT

WV Office of Energy Selects Everblue as Primary Training Provider for Home Energy Rebate Program

CHARLESTON, WV, UNITED STATES, May 6, 2025 /⁨EINPresswire.com⁩/ -- In a bold move to accelerate workforce development and energy efficiency, the West Virginia Office of Energy has partnered with Everblue to equip local contractors with the skills …

Distribution channels: Building & Construction Industry, Business & Economy ...
Published on May 6, 2025 - 10:00 GMT

From Solar to Circularity: Commercial Solar Panel Recycling Cuts the Ribbon on NJ’s First PV Recycling Center

CSPR opens New Jersey’s first solar panel recycling facility, marking a major step toward solar waste solutions and circular energy practices in the U.S. PHILLIPSBURG, NJ, UNITED STATES, May 6, 2025 /⁨EINPresswire.com⁩/ -- Commercial Solar Panel …

Distribution channels: Building & Construction Industry, Energy Industry ...
Published on May 6, 2025 - 09:45 GMT

Florida Mesothelioma Victims Center Has Endorsed the Gori Law Firm for the Family of a Former Welder with Mesothelioma ...

ORLANDO , FL, UNITED STATES, May 6, 2025 /⁨EINPresswire.com⁩/ -- According to the Florida Mesothelioma Victims Center, "If your husband or dad is a former welder and he has just been diagnosed with mesothelioma or lung cancer please call the …

Distribution channels: Automotive Industry, Building & Construction Industry ...
Published on May 6, 2025 - 08:00 GMT

Power Smarter: leagend Battery Remote Monitoring Solution Revolutionizes Energy Management

As industries increasingly rely on uninterrupted power for critical operations, leagend proudly introduces its Battery Remote Monitoring Solution. SHENZHEN, GUANGDONG, CHINA, May 6, 2025 /⁨EINPresswire.com⁩/ -- As industries increasingly rely on …

Distribution channels: Banking, Finance & Investment Industry, Energy Industry ...
Published on May 6, 2025 - 05:15 GMT

HYDGEN and SunKonnect Join Forces to Accelerate Green Hydrogen Adoption in Indian Industry

MANGALORE, KARNATAKA, INDIA, May 6, 2025 /⁨EINPresswire.com⁩/ -- HYDGEN (Hydrogen Innovation Pvt. Ltd.), an emerging leader in advanced green hydrogen electrolyzer systems, announced a strategic partnership with SunKonnect last month, a clean …

Distribution channels: Building & Construction Industry, Energy Industry ...
Published on May 6, 2025 - 05:14 GMT

HYDGEN and Tridiagonal Solutions Pvt. Ltd. Sign Strategic MoU for Small-Scale Electrolyzer Collaboration

MANGALORE, KARNATAKA, INDIA, May 6, 2025 /⁨EINPresswire.com⁩/ -- HYDROGEN INNOVATION PVT. LTD. (HYDGEN), a leader in the development of advanced Anion Exchange Membrane (AEM) electrolyzers, and Tridiagonal Solutions Pvt. Ltd. (TSPL), a renowned …

Distribution channels: Business & Economy, Chemical Industry ...
Published on May 6, 2025 - 00:00 GMT

AMRT Satellite Technology Uncovers Significant Mineral Assets at Historic Oregon Mine

Abandoned Mine Expected to Roar Back to Life with Massive Results thanks to AMRT Satellite Scan Technology MESA, AZ, UNITED STATES, May 6, 2025 /⁨EINPresswire.com⁩/ -- CC Explorations, a leading satellite-based mineral exploration company, today …

Distribution channels: Banking, Finance & Investment Industry, Business & Economy ...
Published on May 6, 2025 - 10:05 GMT

Enlight Renewable Energy Reports First Quarter 2025 Financial Results

All of the amounts disclosed in this press release are in U.S. dollars unless otherwise noted TEL AVIV, Israel, May 06, 2025 (GLOBE NEWSWIRE) -- Enlight Renewable Energy Ltd. (NASDAQ: ENLT, TASE: ENLT) today reported financial results for the first quarter …

Distribution channels: Business & Economy, Energy Industry ...
Published on May 5, 2025 - 22:00 GMT

Edge Zero Launches Grid Visibility Solution to Support Labor Party’s Home Battery Initiative

New program equips distribution system operators with real-time data tools to ensure network readiness for Australia’s largest-ever home battery rollout MELBOURNE, VIC, AUSTRALIA, May 6, 2025 /⁨EINPresswire.com⁩/ -- Edge Zero, a leader in low- …

Distribution channels: Energy Industry, Environment ...
Published on May 6, 2025 - 10:00 GMT

CBAK Energy to Participate in Shenzhen International Battery Technology Conference & Expo on Tuesday, May 15, 2025

DALIAN, China, May 06, 2025 (GLOBE NEWSWIRE) -- CBAK Energy Technology, Inc. (NASDAQ: CBAT) ("CBAK Energy", or the "Company"), a leading lithium-ion battery manufacturer and electric energy solution provider in China, today announced …

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Published on May 5, 2025 - 21:43 GMT

Unique Electric Solutions Receives EPA Certificate of Conformity for 2025 Heavy-Duty Vehicle Family

EPA Certifies UES’s 2025 Heavy-Duty Electric Vehicle Family, Validating Zero-Emission Technology and Regulatory Compliance for Vocational and Highway Tractors HOLBROOK, NY, UNITED STATES, May 5, 2025 /⁨EINPresswire.com⁩/ -- Unique Electric …

Distribution channels: Automotive Industry, Business & Economy ...
Published on May 5, 2025 - 17:28 GMT

Quaker Meetinghouse in Minneapolis Will Save $50,000 on Energy Bills with Solar Panels

Minneapolis Friends Meeting recently went solar, highlighting the role that Houses of Worship play in promoting local, equitable clean energy adoption. MINNEAPOLIS , MN, UNITED STATES, May 5, 2025 /⁨EINPresswire.com⁩/ -- This weekend, Minneapolis …

Distribution channels: Business & Economy, Energy Industry ...
Published on May 5, 2025 - 17:25 GMT

Post-Apocalyptic Thriller to Hit the Big Screen: Film Adaptation of Electromagnetic Pulse Survival Story Announced

WASHINGTON, D.C., DC, UNITED STATES, May 5, 2025 /⁨EINPresswire.com⁩/ -- Author William R. Forstchen’s New York Times #1 bestseller One Second After was the first to give readers a realistic look at an electromagnetic pulse (EMP) strike and its …

Distribution channels: Book Publishing Industry, Culture, Society & Lifestyle ...
Published on May 5, 2025 - 16:27 GMT

EPC Space Achieves Major Milestone with DLA JANS Certification and Launch of First QPL GaN Power Devices

ANDOVER, MA, UNITED STATES, May 5, 2025 /⁨EINPresswire.com⁩/ -- EPC Space proudly announces that its Andover, Massachusetts facility, together with its GaN foundry, have received MIL-PRF-19500 JANS certification from the Defense Logistics Agency ( …

Distribution channels: Electronics Industry, Energy Industry ...
Published on May 5, 2025 - 16:27 GMT

Centric Leads the Pack with 5 Finalist Spots at AMA’s Premier Marketing Awards

After winning 7 awards in 12 months, Centric earns 5 more finalist spots at the AMA Crystal Awards 2025 for creative and digital excellence. HOUSTON, TX, UNITED STATES, May 5, 2025 /⁨EINPresswire.com⁩/ -- Centric, a leading Digital transformation …

Distribution channels: Business & Economy, Energy Industry ...
Published on May 5, 2025 - 15:39 GMT

AMMWEC to Host Capitol Hill Event: "Towards a Broader Abraham Accords: Embracing Asia's Potential"

WASHINGTON, DC, UNITED STATES, May 5, 2025 /⁨EINPresswire.com⁩/ -- The American Muslim & Multifaith Women’s Empowerment Council (AMMWEC) will be hosting an upcoming Capitol Hill event titled "Towards a Broader Abraham Accords: Embracing …

Distribution channels: Book Publishing Industry, Business & Economy ...
Published on May 5, 2025 - 15:00 GMT

Crytica Security Launches the World’s First Rapid Detection & Alert (RDA) Cybersecurity Solution

RDA Rapidly Detects Malware and Effectively Meets Public and Private Utility Critical Requirements RENO, NV, UNITED STATES, May 5, 2025 /⁨EINPresswire.com⁩/ -- Crytica Security, headquartered in Reno, Nevada, is pleased to announce that on …

Distribution channels: Energy Industry, Environment ...
Published on May 5, 2025 - 14:32 GMT

OTC 2025: AI-powered Video Analytics advancing global sustainability in the Energy sector

ALTAVE's intelligent video analytics software is among the highlights of the industry's premier conference HOUSTON, TX, UNITED STATES, May 5, 2025 /⁨EINPresswire.com⁩/ -- The Offshore Technology Conference (OTC) 2025, taking place from May …

Distribution channels: Energy Industry ...
Published on May 5, 2025 - 14:22 GMT

أريستون الشرق الأوسط تطلق 'NUOS PLUS S2' من اجل مستقبل مستدام لتسخين المياه

DUBAI, UNITED ARAB EMIRATES, May 5, 2025 /⁨EINPresswire.com⁩/ -- أعلنت شركة أريستون الشرق الأوسط، الرائدة في حلول الراحة الحرارية المستدامة، عن إطلاق جهاز تسخين المياه الحراري الجديد والمتطور NUOS PLUS S2، الذي يشكل ثورة في كفاءة استهلاك الطاقة …

Distribution channels: Building & Construction Industry, Companies ...
Published on May 5, 2025 - 14:07 GMT

Cloudwick Hires Natasha Nicolai as Chief Technology Officer

Ex-AWS leader and former CDO for the California Department of Social Services tapped to accelerate public sector and enterprise data transformation initiatives NEWARK, CA, UNITED STATES, May 5, 2025 /⁨EINPresswire.com⁩/ -- Cloudwick, a leading …

Distribution channels: Energy Industry, Healthcare & Pharmaceuticals Industry ...