Central Asia OPEC Newswire

Tankers: OPEC’s Price Policy Could Boost Rates Down the Line

The latest OPEC+ surprise decision to boost production could boost supply and lead to stronger tanker rates. In its latest weekly report, shipbroker Intermodal said that “the global oil market has been riding through intense swings, with Brent crude …

Chevron's Resilient Business Positions It to Thrive at Lower Oil Prices

Oil prices have slumped this year. Brent, the global oil benchmark, has fallen nearly 15% already this year and was recently in the low $60s. Several factors have weighed on crude oil prices, including OPEC's decision to increase its production at a …

Kazakhstan's CPC Exports To Fall In May

Kazakhstan's oil exports via the Caspian Pipeline Consortium (CPC) are poised for a significant decline in May, with daily shipments of CPC Blend crude from Russia's Black Sea port of Novorossiysk expected to drop to approximately 1.5 million …

The Long Game in the Desert: Saudi Arabia’s Strategic Pivot on Oil Production

Saudi Arabia’s strategic pivot is about letting go of the illusion of market control and moving production back up toward capacity, which will provide more revenue in the long-term. At a brief online meeting on May 3, OPEC+ decided to again surprise the …

Oil after US-China trade deal: Where are prices headed?

Why prices rose initially Markets reacted swiftly and positively to the news of progress between Washington and Beijing. Brent crude futures jumped to over $65 per barrel, while WTI followed suit, topping $62. Investor optimism was driven by hopes that a …

Opec+ move to add more oil to the market will not only affect Kazakhstan and Ira

Opec+ Takes Aggressive Steps To Regain Market Share

(MENAFN- The Arabian Post) Opec+ has made significant moves in recent months, shifting from a neutral to a more aggressive stance. After a period of gradual production increases, the group, led by Saudi Arabia, has opted for a sharp rise in output, …

Asia hopes for cheaper oil as Opec boosts output – but trade doubts linger

A surprise decision by Opec+ to accelerate production increases is fuelling hopes of cheaper oil across import-reliant Asia – but analysts warn the move could backfire, with deepening US-China trade tensions and persistent geopolitical uncertainty …

Why This Is the Best Time to Sanction Russia

For a brief moment, it seemed as though U.S. President Donald Trump were finally willing to get tough on Russia. In an April 26 post on his Truth Social platform, he excoriated Russian President Vladimir Putin for letting his forces bombard Ukrainian …

Oil Price and Inflation: What’s the Correlation?

Historically, oil price swings would set off alarms about inflation. But today’s economists are more cautious about declaring oil as the prime driver of consumer price hikes. Oil price and inflation correlation, 2002 to 2022. Chart via Economics Help. What …

Equity Investors Gain N186bn Amid Momentum Investing

By Adedapo Adesanya Oil prices eased on Wednesday after government data showed crude stockpiles in the United States rose unexpectedly last week, prompting investor concerns of excess supplies. Brent crude futures lost 54 cents or 0.81 per cent to sell for …

American Shale Patch Is Under-Hedged But Bullishly Optimistic

Despite the fact that American shale oil producers have ramped up their hedging activity over the past three months, amid falling oil prices triggered by economic uncertainty and tariff policy by the Trump administration, by recent historic standards, …

Stocks chop amid yield rise as rate cut bets trim ahead of Powell - Newsquawk US Market Wrap

SNAPSHOT: Equities mixed, Treasuries down, Crude down, Dollar flat/up REAR VIEW: US not seeking to weaken USD as part of trade deals; Fed's Jefferson says Q1 GDP overstated deceleration in activity; Trump reiterates wants to do a deal with Iran; …

US stocks finished mixed in choppy trade amid higher yields and a lack of major catalysts ahead of Fed Chair Powell's ...

US stocks finished mixed on what was a relatively rangebound and choppy session amid a lack of fresh major macro themes although gains were seen in the Mag-7 led sectors such as Communications, Tech and Consumer Discretionary, while Healthcare, Materials …

What a Carney government and global shifts mean for Canadian energy stocks

While Carney’s post-election cabinet has not yet been announced, Nuttall believes he will likely keep Johnathan Wilkinson in place as natural resources minister. Nutall describes Wilkinson as occasionally “patronizing” towards the sector, noting past …

President Trump Visits Saudi Arabia

President Trump is visiting Saudi Arabia today, the key OPEC+ player, which has ramped up production to discipline non-compliant members by pressuring oil prices, Ole R. Hvalbye, a commodities analyst at Skandinaviska Enskilda Banken AB (SEB), stated in a …

Trump travels to a Middle East in transition

This week, US President Donald Trump makes his inaugural visit to the Middle East since the start of his second term, traveling to Saudi Arabia, Qatar, and the United Arab Emirates on May 13-16. Amid the heightened focus on US policy toward the Middle East …

The Picture Is Slender And Unambiguous

2 Mikhail Krutikhin 12.05.2025, 15:13 3,770 Why the Saudis are delaying the breakup of OPEC+. For two months in a row, the key members of the OPEC+ alliance have decided to increase oil production beyond the limits they had previously restricted themselves …

Philippines: Midterm Election Day

Today's news: Hamas announces it will release an Israeli-American hostage; In South Korea, the presidential election campaign begins ahead of the 3 June vote; The ceasefire between India and Pakistan holds, with both sides now facing decisions about …

82-Acre Off-Market Texas Tract Available for AI, Crypto and Energy Development

Texas Land Opportunity for Global Investors: 82 acres unzoned Texas land near Dallas for $1.2M. Ideal for global AI, crypto, & BESS investors. DALLAS, TX, UNITED STATES, May 15, 2025 /⁨EINPresswire.com⁩/ -- Texas leads the global surge in AI, …

Cognisense Launches to Lead the Charge in AI Risk Intelligence, Enforcement Insights, and Vendor Analysis

Cognisense launches to transform compliance with expert-led insights, AI risk intelligence, and training integrity for high-stakes industries. CALGARY, ALBERTA, CANADA, May 15, 2025 /⁨EINPresswire.com⁩/ -- Cognisense, a North America-based remote …

Mazama Energy & MicroThermal Energy Embarks to Drill Deeper with Enhanced Geothermal System (EGS)

Superhot Rock (SHR) Geothermal Demonstration Project HOUSTON, TX, UNITED STATES, May 15, 2025 /⁨EINPresswire.com⁩/ -- MicroSeismic® Inc. (MSI) is proud to announce our first EGS contract in the field with Mazama Energy, Inc. (Mazama) to utilize …

Budget-Friendly Amazon.com Find Helps Bring Awareness and Energy Savings to American Homeowners

BOCA RATON, FL, UNITED STATES, May 15, 2025 /⁨EINPresswire.com⁩/ -- More American homeowners have begun capping the tiny gaps around their home’s high hat lights in order to keep their homes cooler in summer and warmer in winter, a budget-friendly, …

Humphreys University Adds MBA – Project Management Concentration, Designed for International Students

STOCKTON, CA, UNITED STATES, May 15, 2025 /⁨EINPresswire.com⁩/ -- Humphreys University is proud to announce the addition of a new Project Management concentration to its Master of Business Administration (MBA) program, with enrollment beginning …

CREDAI Andhra Pradesh Steps Forward For Amravati’s Growth - Hydromo Supports

CREDAI AP 2025, Crowning The Torchbearers, May 13, Tuesday VIJAYAWADA, ANDRAPRADESH, INDIA, May 15, 2025 /⁨EINPresswire.com⁩/ -- The Confederation of Real Estate Developers' Associations of India (CREDAI Andhra Pradesh) welcomed its new leadership …

RINA exceeds €900 million in revenues in 2024 and updates its global strategy

GENOA, ITALY, May 15, 2025 /⁨EINPresswire.com⁩/ -- • RINA reported revenues of €915 million and EBITDA of €138 million in 2024, up 15% and 22% respectively on the previous year. • The positive growth trend continued into the first quarter of 2025 …

Fieldman and Utilities One Group Announce Partnership to Advance AMI Projects

Fieldman and Utilities One Group team up to accelerate AMI adoption and streamline smart meter installations across the U.S. SAWYER, MI, UNITED STATES, May 15, 2025 /⁨EINPresswire.com⁩/ -- Fieldman and Utilities One Group are proud to announce a …

Vision Air Conditioning Expands Service with Industrial Desiccant Dehumidifier Solutions Across Canada and the USA

Vision Air Conditioning has expanded its services across Canada and the USA. They offer installation and maintenance for industrial desiccant dehumidifiers. EDMONTON, ALBERTA, CANADA, May 15, 2025 /⁨EINPresswire.com⁩/ -- Vision Air Conditioning …

Global Rotary Lobe Compressor Market To Reach $2.21 Billion By 2029 With A Growth Rate Of 4.6%

The Business Research Company's Global Rotary Lobe Compressor Market To Reach $2.21 Billion By 2029 With A Growth Rate Of 4.6% LONDON, GREATER LONDON, UNITED KINGDOM, May 15, 2025 /⁨EINPresswire.com⁩/ -- The Business Research Company’s Latest …

More Than Half of Energy Leaders Say Their Weather Forecasts Are Not Accurate Enough

Meteomatics’ New Report Reveals Energy Leaders’ Concerns as They Navigate Weather’s Increasing Impact on Operations MINNEAPOLIS, MN, UNITED STATES, May 15, 2025 /⁨EINPresswire.com⁩/ -- Meteomatics, the weather intelligence and technology company …

Telaeris XPressEntry Now Certified and Integrated with the LenelS2 OnGuard v8.3 Access Control System

Enhancing Physical Security with Seamless Handheld Badge, Biometric, and Mobile Credential Validation and Emergency Mustering SAN DIEGO, CA, UNITED STATES, May 15, 2025 /⁨EINPresswire.com⁩/ -- Telaeris, Inc., a global leader in handheld security …

Bharti Airtel Partners with TierOne to Automate Application Assurance and Boost NOC Efficiency

MISSISSAUGA, ONTARIO, CANADA, May 15, 2025 /⁨EINPresswire.com⁩/ -- Bharti Airtel has partnered with TierOne to launch an unmatched application assurance initiative aimed at increasing reliability and reducing the operational overhead across its …

Geoactive Achieves ISO 27001 Certification with Support from TechForce Cyber and ISMS.online

Geoactive earns ISO 27001 with TechForce Cyber and ISMS.online, boosting security, cutting workload, and building global trust in geoscience software. ABERDEEN, ABERDEENSHIRE, UNITED KINGDOM, May 15, 2025 /⁨EINPresswire.com⁩/ -- Certification …

Juniper® Systems Adds RTK Precision to Archer™ 4 GNSS Expansion Pod

An all-in-one RTK mapping solution. The Archer 4 with GNSS Expansion Pod and RTK connection is now an all-in-one centimeter mapping solution. LOGAN, UT, UNITED STATES, May 15, 2025 /⁨EINPresswire.com⁩/ -- Juniper® Systems Inc. is pleased to …

ByteBridge Launches Industry's First Foundational Liquid Cooling Certification (FLCC) Program

ByteBridge launches the first FLCC program to equip professionals with essential knowledge in AI data center liquid cooling technologies. HAYWARD, CA, UNITED STATES, May 15, 2025 /⁨EINPresswire.com⁩/ -- Global AI data center innovator ByteBridge …

PG&E Automates BVLOS Compliance with AirData

EL DORADO HILLS, CA, UNITED STATES, May 15, 2025 /⁨EINPresswire.com⁩/ -- Pacific Gas and Electric (PG&E) has long been an innovator of drone use, using remote flight capabilities to better serve a 70,000-square-mile area in California. As their …

VizConnect, Inc. ($VIZC: OTC) Reaffirms Commitment to Core Fundamentals Amid Market Uncertainty

VizConnect, Inc. (OTCMKTS:VIZC) PORTLAND, ME, UNITED STATES, May 15, 2025 /⁨EINPresswire.com⁩/ -- VizConnect, Inc. (OTC: VIZC), a publicly traded holding company specializing in strategic business development, today issued a statement of …

Louisiana Mesothelioma Victims Center Urges the Family of a Former Chemical Plant-Refinery Worker with Mesothelioma or ...

NEW ORLEANS, LA, UNITED STATES, May 15, 2025 /⁨EINPresswire.com⁩/ -- The Louisiana Mesothelioma Victims Center is urging the family of a former chemical plant or refinery worker who has just learned they have mesothelioma or lung cancer to please …

leagend Launches Cloud-Based Battery Management Systems to Elevate Energy Efficiency

Exploring why leagend cloud-based BMS solutions are transforming how organizations monitor, protect, and optimize their battery investments. SHENZHEN, GUANGDONG, CHINA, May 15, 2025 /⁨EINPresswire.com⁩/ -- In an era defined by the rapid expansion …