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Published on 01:05 GMT

Shipping needs to adjust to persistent US-China trade strains: industry leaders

Trade tensions between the US and China will endure beyond the administration of US President Donald Trump, meaning shipping must navigate the uncertainty and not just wait for further clarity, market participants said at an industry event June 4. Trump …

Source: Hellenic Shipping News - Neutral
Published on 02:46 GMT

Oil prices on track for solid weekly gains as China and U.S. resume trade talks

SINGAPORE (Reuters) - Oil prices slipped on Friday but were on track for their first weekly gain in three weeks after U.S. President Donald Trump and China's Xi Jinping resumed trade talks, raising hopes for growth and stronger demand in the world' …

Source: Yahoo Finance - Center-left
Published on Jun 5, 2025

Oil rises 1% as China, U.S. teams to meet following Trump, Xi trade call

HOUSTON: Oil prices rose 1% on Thursday, rebounding from the previous day’s drop as traders responded to news that U.S. and Chinese teams will meet shortly, following a phone call on trade held between U.S. President Donald Trump and Chinese leader Xi …

Source: Business Recorder - Neutral
Published on Jun 5, 2025

Oil prices rise more than 1% after China-US leaders’ phone call

Oil prices rose more than 1% on Thursday, recovering from a drop the previous day. Brent crude futures increased 85 cents, or 1.3%, to $65.71 a barrel by 1351 GMT. U.S. West Texas Intermediate crude climbed 97 cents, or about 1.5%, to $63.82 a barrel. The …

Source: Profit by Pakistan Today - Neutral
Published on 00:00 GMT

Oil settles up as US, China teams to meet following Trump, Xi trade call

[HOUSTON] Oil prices settled higher on Thursday, recovering from the previous day’s drop, on news that the US and China agreed to more trade talks following a phone call between US President Donald Trump and Chinese leader Xi Jinping. Brent crude futures …

Source: The Business Times Singapore - Neutral
Published on 00:37 GMT

Oil Price Drop and Sanctions Puts the Squeeze on Iran and Russia

After several years of relative stability in the global oil market, notwithstanding the war in Ukraine and attacks on shipping in the Red Sea, recent weeks have seen some shifting in the market. Brent crude was selling at $82 per barrel on January 15, …

Source: The Maritime Executive - Pending
Published on 00:44 GMT

Brazil to China: The VLCC Trade Route Making Waves in 2025

The combination of rising Brazilian crude supply, shifting geopolitical dynamics, and price-sensitive Chinese refinery demand has led to a significant increase in VLCC shipments from Brazil to China in recent months. Several new FPSOs (Floating Production …

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

Opec+ giants pump out additional oil to India

NEW DELHI: Saudi Arabia, Russia, Iraq and the UAE—the heavyweights of the Opec+ producers’ alliance and India’s top four suppliers—are ramping up oil production and directing most of their additional output to India, boosting their combined market share to …

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

Oil Rises as Traders See Trump-Xi Call as Sign of Easing Tension

Oil rallied as signs the US-China trade war may ease outweighed concerns about increased OPEC+ crude output. West Texas Intermediate rose 0.8% to settle above $63 a barrel after China’s official news agency reported that Presidents Donald Trump and Xi …

Source: Rigzone - Neutral
Published on Jun 5, 2025

Saudi Arabia Pushes For Larger OPEC+ Oil Output Increases

(MENAFN- The Arabian Post) Arabian Post Staff -Dubai Saudi Arabia is advocating for accelerated increases in oil production within the OPEC+ coalition, aiming to reclaim market share lost during past output cuts. The kingdom is reportedly pressing the …

Source: MENAFN - Indeterminate
Published on Jun 5, 2025

The grand fall: Oil prices to continue slide, IAEA says fossil fuel spending to hit new post-Covid low

Investment in fossil fuels is set to decline this year for the first time since the Covid-19 pandemic, driven by a significant contraction in oil sector spending, according to a new report by the International Energy Agency. The IEA projected a 6 per cent …

Source: Firstpost - Center-right
Published on Jun 5, 2025

Oil Extends Drop as Saudi Arabia Seeks More Major Output Hikes

(Bloomberg) -- Oil extended declines on signs Saudi Arabia is seeking another big production increase at next month’s OPEC meeting, in a bid for market share that could worsen a glut expected later this year. Brent traded below $65 a barrel after losing 1. …

Source: Mint - Neutral
Published on Jun 5, 2025

Asia Distillates: Diesel cash diffs at 2-week high while jet fuel slips; Taiwan’s FPCC offers July spot

Asia’s middle distillates’ spot activity rose at a quicker pace on Wednesday, with more window deals emerging and diesel spot premiums gaining to two-week highs while refiners offered spot July cargoes. Taiwan’s Formosa Petrochemical Corp started its July …

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

Oil settles 1% lower on large builds in fuel stocks

HOUSTON: Oil prices settled down just over 1% on Wednesday after US data showed surprisingly large build in gasoline and diesel inventories, swelling fuel supplies with Opec+ planning more output and trade tensions clouding the energy demand outlook. Brent …

Source: The Malaysian Star - Indeterminate
Published on Jun 4, 2025

Iran Oil Flows to China Fall on Sanctions, Refinery Maintenance

(Bloomberg) — Iran is shipping less oil to China, as toughening sanctions snarl the OPEC producer’s shipments and refinery demand falls in the world’s biggest fossil fuel importer. Preliminary data shows flows of crude and condensate from Iran to China …

Source: gCaptain - Neutral
Published on Jun 4, 2025

Oil Prices Tumble On Report That Saudis Want To 'Super-Size' OPEC Production Hikes

Update (1130ET): Having surged overnight and extended gains on a big crude draw (and trade-talk progress with the Europeans), oil prices are tanking now as Bloomberg reports that, according to people familiar with the matter, Saudi Arabia wants OPEC+ to …

Source: Zero Hedge - Right-wing
Published on Jun 4, 2025

Kazakhstan’s State Oil Firm Eyes Yuan Bonds as It Defies OPEC+ Cuts

Kazakhstan’s national oil and gas company KazMunayGas is looking to borrow cheaper funds from overseas debt issues, including bonds denominated in Chinese yuan, the firm’s chief executive Askhat Khassenov told Bloomberg. “We looked at all options. …

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

Oil Prices Tumble On Report That Saudis Want To 'Super-Size' OPEC Production Hikes

Update (1130ET): Having surged overnight and extended gains on a big crude draw (and trade-talk progress with the Europeans), oil prices are tanking now as Bloomberg reports that, according to people familiar with the matter, Saudi Arabia wants OPEC+ to …

Source: Zero Hedge - Right-wing
Published on Jun 4, 2025

Oil eases after US data shows large builds in fuel stocks

HOUSTON: Oil prices edged lower on Wednesday after U.S. data showed larger-than-expected inventories of gasoline and diesel, adding to supply concerns amid global trade tensions and ongoing OPEC+ output increases. Brent crude futures were down 28 cents to …

Source: Business Recorder - Neutral

26 days 06:36:07

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Published on June 5, 2025 - 19:21 GMT

Eurosystem staff macroeconomic projections for the euro area, June 2025

The outlook for euro area economic growth is clouded by trade tensions and elevated global uncertainty. For 2025 as a whole, these effects are seen to be partly compensated by stronger than expected economic activity in the first quarter, which likely …

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 13, 2025 - 11:20 GMT

US oil sector expresses disappointment with Trump

(MENAFN) The US oil industry is increasingly dissatisfied with President Donald Trump’s policies, with falling crude prices and tariffs putting pressure on producers, particularly smaller ones, according to Bloomberg. During his campaign, Trump’s “drill, …

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Published on June 5, 2025 - 20:14 GMT

The Chill Brothers Expand to North Carolina with New Office Opening

Houston-Based HVAC Company Launches New Operations in Raleigh-Durham, NC RALEIGH- DURHAM, NC, UNITED STATES, June 5, 2025 /⁨EINPresswire.com⁩/ -- The Chill Brothers, one of Texas’s fastest-growing HVAC companies, is proud to announce the opening …

Distribution channels: Business & Economy, Companies ...
Published on June 5, 2025 - 17:35 GMT

Vanguard Celebrates 53 Years as a Family-Owned Business, Honors Employees on Employee Appreciation Day

As a trusted leader in commercial and industrial roofing, proudly celebrates its 53rd anniversary as a family-owned business on our Employee Appreciation Day WORCESTER, MA, UNITED STATES, June 5, 2025 /⁨EINPresswire.com⁩/ -- Vanguard, a trusted …

Distribution channels: Banking, Finance & Investment Industry, Building & Construction Industry ...
Published on June 5, 2025 - 16:53 GMT

Comprehensive Insights Of The Global Aviation Lubricants Market: Drivers, Trends, Opportunities, And 2025-2034 Forecast

The Business Research Company’s Aviation Lubricants Global Market Report 2025 - Market Size, Trends, And Global Forecast 2025-2034 LONDON, GREATER LONDON, UNITED KINGDOM, June 5, 2025 /⁨EINPresswire.com⁩/ -- The Business Research Company’s Latest …

Distribution channels: Aviation & Aerospace Industry, Business & Economy ...
Published on June 5, 2025 - 16:48 GMT

This Week in Construction: Top Innovations & Industry Trends – June 5, 2025

Peer-to-peer digital content sharing for construction and building professionals SUNDRE, ALBERTA, CANADA, June 5, 2025 /⁨EINPresswire.com⁩/ -- Since its establishment in 2003, Construction Links Network has emerged as a premier news and …

Distribution channels: Building & Construction Industry, Business & Economy ...
Published on June 5, 2025 - 16:00 GMT

Elite Roof and Solar Expands to Columbia, SC with New Office Opening

Elite Roof and Solar opens a new Columbia, SC office to expand services, create jobs, and strengthen its presence across the Carolinas. COLUMBIA, SC, UNITED STATES, June 5, 2025 /⁨EINPresswire.com⁩/ -- Elite Roof and Solar is proud to announce the grand …

Distribution channels: Building & Construction Industry, Business & Economy ...
Published on June 5, 2025 - 15:29 GMT

WinStar Releases Positive International Data Center Research Report on Industry Leaders and Innovators

NEW HAVEN, CT, UNITED STATES, June 5, 2025 /⁨EINPresswire.com⁩/ -- WinStar has published its 2025 International Data Center Industry Report on Industry Leaders and Innovators. “The global data center market continues to exhibit strong growth from …

Distribution channels: Banking, Finance & Investment Industry, Business & Economy ...
Published on June 5, 2025 - 15:28 GMT

Oliva Gibbs Earns First-time Chambers USA Ranking for Ohio Energy Law Practice

Oliva Gibbs earns first Chambers USA ranking in Energy & Natural Resources: Ohio, signaling major growth in its national energy law presence. COLUMBUS, OH, UNITED STATES, June 5, 2025 /⁨EINPresswire.com⁩/ -- Oliva Gibbs has been recognized in …

Distribution channels: Business & Economy, Companies ...
Published on June 5, 2025 - 14:30 GMT

PreemploymentDirectory.com's Employment Screening Advice Center Educates Employers About the Background Checking Process

The Advice Center offers expert insights about background checking for Employers, Job Seekers and Background Checking Firms to help them continuously improve. ALPHARETTA, GA, UNITED STATES, June 5, 2025 /⁨EINPresswire.com⁩/ -- …

Distribution channels: Banking, Finance & Investment Industry, Business & Economy ...
Published on June 5, 2025 - 13:52 GMT

Possibly the Greatest Of All Treasures, the GOAT of Shipwreck Treasure, is Set to be Recovered Summer 2026

Lords Of Fortune is Moving Forward on its Recovery of Potentially $30+ billion in Gold from the White Star Passenger Liner, the 1909 Shipwreck, RMS Republic MIAMI BEACH, FL, UNITED STATES, June 5, 2025 /⁨EINPresswire.com⁩/ -- In the fog-bound …

Distribution channels: Amusement, Gaming & Casino, Banking, Finance & Investment Industry ...
Published on June 5, 2025 - 13:50 GMT

Oil Brokerage and Sparta Announce Partnership to Deliver Real-Time Intraday Data to Traders

GENEVA, FOREIGN, SWITZERLAND, June 5, 2025 /⁨EINPresswire.com⁩/ -- Oil Brokerage and Sparta are pleased to announce a new redistribution partnership that will provide traders with seamless access to Oil Brokerage’s market-leading intraday data …

Distribution channels: Business & Economy, Companies ...
Published on June 5, 2025 - 13:00 GMT

Keystone Launches 'Know Your Cool' Summer Campaign to Help Consumers Make Smarter Cooling Choices

New educational series and interactive quiz empower shoppers to understand what they’re really buying before the summer heat hits PHILADELPHIA, PA, UNITED STATES, June 5, 2025 /⁨EINPresswire.com⁩/ -- In an industry full of jargon, fine print, and …

Distribution channels: Consumer Goods, Culture, Society & Lifestyle ...
Published on June 5, 2025 - 12:36 GMT

GasTechno Corp Unveils High-Performance, Oil-Free Compressor Line for Clean Energy and Industrial Markets

Advancing a niche market in high pressure compression BOYNE FALLS, MI, UNITED STATES, June 5, 2025 /⁨EINPresswire.com⁩/ -- GasTechno Corp, a pioneer in modular gas processing and methane conversion technologies, has announced the launch of its …

Distribution channels: Agriculture, Farming & Forestry Industry, Chemical Industry ...
Published on June 5, 2025 - 12:28 GMT

Global Semiconductor Fabrication Material Market: Key Trends, Market Share, Growth Drivers, And Forecast For 2025-2034

The Business Research Company’s Semiconductor Fabrication Material Global Market Report 2025 – Market Size, Trends, And Forecast 2025-2034 LONDON, GREATER LONDON, UNITED KINGDOM, June 5, 2025 /⁨EINPresswire.com⁩/ -- How Has the Semiconductor …

Distribution channels: Automotive Industry, Business & Economy ...
Published on June 5, 2025 - 12:20 GMT

ATMOS Global™ Launches ATMOS-5D Quantum™: A Groundbreaking Business Philosophy for Visionary Executives & Boards

Empowering executive leaders and board directors to navigate complexity and drive sustainable success through quantum intelligence and adaptive strategy MELBOURNE, VICTORIA, AUSTRALIA, June 5, 2025 /⁨EINPresswire.com⁩/ -- ATMOS Global™, a leader in …

Distribution channels: Banking, Finance & Investment Industry, Business & Economy ...
Published on June 5, 2025 - 11:00 GMT

New Carbon Removal Rebate Program to Accelerate Corporate Climate Goals & Sustainable Fuel Announced by RC Technologies.

Carbon capture and sustainable aviation fuel company offers new incentive to help businesses and governments reduce emissions —unlocking direct financial value. NEW YORK CITY, NY, UNITED STATES, June 5, 2025 /⁨EINPresswire.com⁩/ -- RC Technologies …

Distribution channels: Aviation & Aerospace Industry, Chemical Industry ...
Published on June 5, 2025 - 10:00 GMT

Everblue Awarded $148 Million to Implement Minnesota's Home Energy Rebate Programs

ST. PAUL, MN, UNITED STATES, June 5, 2025 /⁨EINPresswire.com⁩/ -- Everblue, a national leader in public sector program management and technology, has been awarded a $148 million contract to implement Minnesota’s Home Energy Rebate Programs. This …

Distribution channels: Building & Construction Industry, Energy Industry ...
Published on June 5, 2025 - 07:47 GMT

CardioLog Analytics Unlocks the Full Potential of Microsoft 365 and SharePoint for Financial Services - Maximizing ROI

New Usage‑Intelligence Suite delivers AI‑driven analytics, precision engagement, and gamified motivation—giving banks and investment firms real-time insights.. BOSTON, MA, UNITED STATES, June 5, 2025 /⁨EINPresswire.com⁩/ -- CardioLog Analytics, a …

Distribution channels: Banking, Finance & Investment Industry, Companies ...
Published on June 5, 2025 - 07:29 GMT

CardioLog Analytics Unlocks the Full Potential of Microsoft 365 and SharePoint for Healthcare

New Usage‑Intelligence Suite blends AI‑driven insights, precision engagement, and gamified motivation—empowering hospitals worldwide to boost collaboration BOSTON, MA, UNITED STATES, June 5, 2025 /⁨EINPresswire.com⁩/ -- CardioLog Analytics, a …

Distribution channels: Banking, Finance & Investment Industry, Companies ...
Published on June 5, 2025 - 06:36 GMT

Kalkine Introduces Mobile App Update with Improved Tools for Market Analysis

A Smarter, Sharper Financial Market Research Experience Now Live for Subscribers SYDNEY, NEW SOUTH WALES, AUSTRALIA, June 5, 2025 /⁨EINPresswire.com⁩/ -- Kalkine is proud to announce the launch of its newly upgraded Kalkine Subscription App, ( iOS …

Distribution channels: Banking, Finance & Investment Industry, Business & Economy ...
Published on June 5, 2025 - 06:16 GMT

Burckhardt Compression continues to deliver strong growth and increased profitability

The company delivered record financials, surpassing CHF 1 bn sales and CHF 100 mn net income for the first time. Both divisions contributed to these results. WINTERTHUR, SWITZERLAND, June 5, 2025 /⁨EINPresswire.com⁩/ -- Ad hoc announcement …

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