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Published on Jun 24, 2026

US-Iran interim deal offers lifeline to Gulf producers, but oil flows unlikely to normalise overnight

New Delhi: The interim US-Iran agreement has paved the way for the reopening of the Strait of Hormuz, but energy market experts caution that oil production and exports from major Gulf producers are unlikely to return to pre-conflict levels anytime soon. If …

Source: The Print - Neutral
Published on Jun 24, 2026

Hormuz flows again: Why India must seize the 60-day window

The 60-day waiver on Iranian oil exports, issued by the US Treasury's Office of Foreign Assets Control on June 22 and flowing directly from the US-Iran Memorandum of Understanding signed five days earlier, is a significant development for India, as one …

Source: Hindustan Times - Indeterminate
Published on Jun 24, 2026

Crude oil hits 4-month low. Will petrol and diesel prices fall?

Crude oil prices have slipped to their lowest levels in nearly four months as easing tensions in the Middle East and expectations of higher oil supplies continue to weigh on the market. As of 8 am on Wednesday, Brent crude was trading at $76.54 per barrel …

Source: India Today - Neutral
Published on Jun 23, 2026

OPEC Identifies Nigeria As Leading Refining Hub In Africa

Uche Cecil Izuora The Organization of Petroleum Exporting Countries (OPEC) has highlighted Nigeria as major driver of petroleum products refiner even though many countries were increasingly pursuing domestic refining projects as part of efforts to curb …

Source: Oriental News Nigeria - Neutral
Published on Jun 23, 2026

Oil prices slide below $80 on hopes of supply recovery

Global oil prices fell sharply on Monday as investors welcomed signs of progress in talks between the United States and Iran, raising hopes of increased oil supplies and reducing fears of a prolonged disruption to energy flows from the Gulf. Brent crude …

Source: Khaleej Times - Gov't Propaganda
Published on Jun 24, 2026

Deal total signed with Global South at SPIEF likely tops $100bn

This year’s St Petersburg International Economic Forum (SPIEF), Russia’s premier investment conference, was considered a flop as few international companies bothered to make the trip. However, thousands of delegates flocked to the northern capital from …

Source: bne IntelliNews - Pending
Published on Jun 22, 2026

OPEC forecasts 23% rise in global energy demand by 2050, oil to remain dominant fuel

Oil & Gas GLOBAL primary energy demand is projected to increase by 23 per cent between 2025 and 2050, driven largely by population growth, urbanisation and economic expansion across developing regions, according to the Organisation of the Petroleum …

Source: Realnews Magazine - Indeterminate
Published on Jun 20, 2026

India’s LPG demand to double in next 25 years, projects OPEC

Globally as well, the demand for LPG is rising due to cooking in regions such as India and Africa as well as in the petrochemicals sector | Photo Credit: PTI Liquefied petroleum gas (LPG) consumption in the world’s second largest consumer is projected to …

Source: The Hindu Business Line - Neutral
Published on Jun 22, 2026

OPEC Says Africa Needs $92bn Refining Investment By 2050, Backs Nigeria-Led Expansion

The Organisation of Petroleum Exporting Countries (OPEC) has projected that Nigeria and other African countries will require about $92 billion in refining investments through 2050 to meet rising fuel demand, strengthen energy security and reduce dependence …

Source: Arise News - Neutral
Published on Jun 22, 2026

OPEC: Nigeria, Other African Nations Need $92bn in Refining Investments Through 2050

Lists BUA’s Akwa Ibom refinery among key African projects Nigeria, Angola to drive continent’s refining expansion Dangote Refinery raises Africa’s secondary refining capacity by 13.5% Emmanuel Addeh in Abuja The Organisation of Petroleum Exporting …

Source: This Day - Pro-Government
Published on Jun 22, 2026

Strait Talk: Oil Tumbles, Tech Soars as Micron and Intel Lead the Charge

The week opened in the green, carried by continued hype around SpaceX (SPCX) and the announced U.S.-Iran MOU. Optimism around reopening Hormuz flows, paired with a drop in oil prices to a four-month low, drove a strong rally led by technology and cyclicals …

Source: Markets Insider - Neutral
Published on Jun 21, 2026

If Hormuz Closes, What Happens to Oil Markets and the Middle Corridor?

After the US-Iran memorandum, the key question for the global energy market is no longer only whether the political pause between Washington and Tehran will hold. The bigger question is whether the Strait of Hormuz will remain genuinely open and safe for …

Source: Caspian Post - Indeterminate
Published on Jun 20, 2026

OPEC projects long‑term oil demand growth, led by Asia

The Organization of the Petroleum Exporting Countries (OPEC) reaffirmed its optimistic outlook for global oil demand over the medium and long term on Thursday, stating that there is currently no indication that oil demand has reached its peak. In its 2026 …

Source: Bastille Post - Pending
Published on Jun 20, 2026

Oil Bulls Are Betting on Bangalore, Not Berlin, in OPEC’s Forecast

Every year, OPEC releases a long-term outlook that says oil demand will keep growing. Every year, critics roll their eyes. This year, OPEC doubled down. In its World Oil Outlook 2026, the producer group said global oil demand will climb from 105.1 million …

Source: Investing - Neutral
Published on Jun 18, 2026

The Oil Market Canceled The Hormuz Crisis Before The Ceasefire

(Photo by Jonathan Raa/NurPhoto via Getty Images) NurPhoto via Getty Images Oil prices are easing as ceasefire talks advance, but the real story is that the market defused the Hormuz crisis long before diplomacy did. In less than 100 days, producers …

Source: Forbes - Neutral
Published on Jun 19, 2026

OPEC Sees Sustained Oil Demand as Policy Prioritizes Energy Security

OPEC continues to see no peak in global oil demand, forecasting "robust growth" as governments in the US, Europe and elsewhere prioritize energy security and affordability alongside climate goals. "The increased focus on energy security and …

Source: Rigzone - Neutral
Published on Jun 20, 2026

Oil’s peace dividend is real but no return to pre-war situation 6-12 Months required for Hormuz flows to be fully ...

By K Raveendran The US-Iran deal marks a genuine easing of one of the most dangerous geopolitical shocks to hit the energy market, but it should not be mistaken for a reset button. The immediate risk of a military breakdown has declined, and that matters …

Source: The Shillong Times - Neutral
Published on Jun 19, 2026

OPEC’s Oil Demand Bet Is on India, Not Europe

Every year, OPEC releases a long-term outlook that says oil demand will keep growing. Every year, critics roll their eyes. This year, OPEC doubled down. In its World Oil Outlook 2026, the producer group said global oil demand will climb from 105.1 million …

Source: Oil Price - Neutral
Published on Jun 18, 2026

OPEC denies a ceiling to oil demand and foresees solid progress until 2050

The Organization of the Petroleum Exporting Countries (OPEC) maintains in its latest outlook report that global crude oil consumption will continue to increase steadily in the coming decades, with an advance of close to 23% by 2050, and rules out a peak in …

Source: Democrata - Neutral

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Published on June 24, 2026 - 23:07 GMT

Higher oil prices from the war in the Middle East: assessing the headwinds for euro area growth

Prepared by Johannes Gareis The war in the Middle East has led to a sharp rise in oil prices and is likely to weigh noticeably on euro area economic activity. Following the outbreak of the war in late February 2026, Brent crude oil prices increased …

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Published on June 1, 2026 - 12:30 GMT

Parex Resources Completes Acquisition of Frontera E&P, Becoming Colombia’s Largest Independent Oil & Gas Producer

CALGARY, Alberta, June 01, 2026 (GLOBE NEWSWIRE) -- Parex Resources Inc. (“Parex” or the “Company”) (TSX: PXT) is pleased to announce the successful closing of its previously announced acquisition of all the Colombian exploration and production assets of …

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Published on May 12, 2026 - 11:00 GMT

Parex Resources Positioned to Become Colombia’s Largest Independent Oil & Gas Producer, Provides Step-Change Guidance, ...

CALGARY, Alberta, May 12, 2026 (GLOBE NEWSWIRE) -- Parex Resources Inc. (“Parex” or the “Company”) (TSX: PXT) is pleased to announce that the Company is poised to become Colombia’s largest independent oil and gas producer and to provide new corporate …

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Published on April 29, 2026 - 04:23 GMT

UAE Announces Withdrawal from OPEC, OPEC+ Oil Alliances

(MENAFN) The United Arab Emirates has announced plans to withdraw from both Organization of the Petroleum Exporting Countries and OPEC+, signaling a significant shift in its approach to energy policy and international oil cooperation. According to reports …

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Published on May 11, 2026 - 13:14 GMT

UAE’s OPEC Exit Plans Change in its Energy Strategy

(MENAFN) The United Arab Emirates’ reported decision to leave OPEC and the broader OPEC+ alliance marks a notable change in its energy strategy, potentially giving Abu Dhabi more autonomy over its oil production policy, according to analysis cited in …

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Published on April 23, 2026 - 15:54 GMT

Oil and Gas Market Size and Growth 2026 | USD 78.8 Billion by 2034, At a CAGR of 14.45%

The global oil & gas market was valued at USD 23.4 Billion in 2025 and is projected to reach USD 78.8 Billion by 2034, at a CAGR of 14.45% (2026-2034). NEW YORK, NY, UNITED STATES, April 23, 2026 /⁨EINPresswire.com⁩/ -- According to a research …

Distribution channels: Business & Economy, Chemical Industry ...
Published on April 29, 2026 - 08:22 GMT

Russia Weighs In on UAE Exit from OPEC, OPEC+

(MENAFN) Moscow has responded with measured composure to the United Arab Emirates' shock departure from the OPEC oil producer alliance, characterizing the move as an expression of national sovereignty while reaffirming Russia's commitment to the …

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Published on May 5, 2026 - 09:54 GMT

Russia Responds to UAE Exit From OPEC, Calls It Sovereign Decision

(MENAFN) Russia has reacted to the United Arab Emirates’ reported withdrawal from OPEC and the wider OPEC+ framework, describing the move as a sovereign national decision, according to statements from the Kremlin. A Kremlin spokesperson said Moscow …

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Published on June 24, 2026 - 22:37 GMT

RSAE Labs Joins Esri Partner Network

New Cyber-Secure Data Provider Delivers Real-Time IoT Intelligence for AI-Driven Operations LYNN HAVEN, FL, UNITED STATES, June 24, 2026 /⁨EINPresswire.com⁩/ -- RSAE Labs (RSAELabs.com), a pioneer in cyber-secure, infrastructure-free IoT telemetry …

Distribution channels: Aviation & Aerospace Industry, Energy Industry ...
Published on June 24, 2026 - 22:30 GMT

Altadena Mutual Water Company Breaks Ground on Major Reservoir Reconstruction Project Following Eaton Fire

$2 million insurance-funded project marks key milestone in Altadena's recovery and honors water operators who helped protect the community during the wildfire ALTADENA, CA, UNITED STATES, June 24, 2026 /⁨EINPresswire.com⁩/ -- Rubio Cañon Land …

Distribution channels: Agriculture, Farming & Forestry Industry, Business & Economy ...
Published on June 24, 2026 - 20:16 GMT

Collegiate Teams Travel 1,500+ Miles on Solar Power Across US Heartland as Part of America’s 250th Anniversary

2026 Electrek American Solar Challenge, Supporting Partner of America250 and Route 66 Centennial Project, marks 25 years since first traveling Historic Route 66 MN, UNITED STATES, June 24, 2026 /⁨EINPresswire.com⁩/ -- The 2026 Electrek Formula Sun …

Distribution channels: Automotive Industry, Education ...
Published on June 24, 2026 - 18:57 GMT

Scorpius Space Launch Company and EXOS Aerospace Partner to Advance Reusable Spaceflight

TORRANCE,, CA, UNITED STATES, June 24, 2026 /⁨EINPresswire.com⁩/ -- Scorpius Space Launch Company (SSLC), a pioneer in advanced composite propulsion technology, and Texas-based EXOS Aerospace today announced a strategic partnership to accelerate …

Distribution channels: Aviation & Aerospace Industry, Energy Industry ...
Published on June 24, 2026 - 18:48 GMT

ProjectTeam, Inc. Introduces the CoreLink Data Model™: The Connected Data Foundation Behind Its Platform

The CoreLink Data Model™ unites owners, contractors, and design teams in one project record, powering next era analytics, automation, and AI. CHANTLLY, VA, UNITED STATES, June 24, 2026 /⁨EINPresswire.com⁩/ -- ProjectTeam.com, a FedRAMP authorized …

Distribution channels: Aviation & Aerospace Industry, Building & Construction Industry ...
Published on June 24, 2026 - 18:24 GMT

Patchogue Heating and Air Conditioning Offers Pool Heat Pump Service in Bellport, NY

An East Patchogue HVAC contractor now offers refrigerant-certified pool heat pump service to Bellport, covering Hayward, Pentair, AquaCal and Raypak. EAST PATCHOGUE, NY, UNITED STATES, June 24, 2026 /⁨EINPresswire.com⁩/ -- Patchogue Heating and …

Distribution channels: Building & Construction Industry, Consumer Goods ...
Published on June 24, 2026 - 18:00 GMT

Axis Portable Air Surpasses 500 Employees, Marking Major Milestone in National Growth

Phoenix-based climate control leader continues expansion while investing in employee ownership, culture, and operational excellence. PHOENIX, AZ, UNITED STATES, June 24, 2026 /⁨EINPresswire.com⁩/ -- Axis Portable Air has surpassed 500 employees, marking …

Distribution channels: Business & Economy, Conferences & Trade Fairs ...
Published on June 24, 2026 - 17:58 GMT

Nozak Consulting Partners With Forged Technical Consulting to Power Its Next Phase of Growth

TULSA, OK, UNITED STATES, June 24, 2026 /⁨EINPresswire.com⁩/ -- Nozak Consulting, a digital marketing and SEO firm that has guided more than 500 client engagements across North America, today announced a new partnership with Forged Technical …

Distribution channels: Building & Construction Industry, Companies ...
Published on June 24, 2026 - 17:11 GMT

Green Attics Urges DFW Homeowners to Address Attic Insulation as Summer Heat Drives Up Energy Costs

Family-Owned North Texas Energy Efficiency Company Highlights How Proper Attic Insulation Can Reduce Utility Bills and Improve Home Comfort DALLAS-FORT WORTH, TX, UNITED STATES, June 24, 2026 /⁨EINPresswire.com⁩/ -- As another summer of triple- …

Distribution channels: Companies, Energy Industry ...
Published on June 24, 2026 - 16:50 GMT

Priority AC and Heat Celebrates 15 Years of Family-Owned HVAC Service and More Than 10,000 Houston Customers Served

Priority AC and Heat marks 15 years as a family-owned HVAC company, serving 10,000+ Houston customers amid growing demand for climate control services. HOUSTON, TX, UNITED STATES, June 24, 2026 /⁨EINPresswire.com⁩/ -- Priority AC and Heat has hit …

Distribution channels: Building & Construction Industry, Business & Economy ...
Published on June 24, 2026 - 16:48 GMT

BLUETTI Details Portable Power Stations for Power Outages and Summer RV Travel

BLUETTI Details Portable Power Stations for Power Outages and Summer RV Travel LAS VEGAS, NV, CHINA, June 24, 2026 /⁨EINPresswire.com⁩/ -- BLUETTI, a global leader in clean energy solutions, today announced the deployment of its comprehensive …

Distribution channels: Electronics Industry, Energy Industry ...
Published on June 24, 2026 - 15:49 GMT

World4Solar and Schneider Electric Partner to Advance the Future of Electrified Marine Mobility

Successful deployment powers REGENT's Seaglider in remote environments, expanding range and operability. LAS VEGAS, NV, UNITED STATES, June 24, 2026 /⁨EINPresswire.com⁩/ -- World4Solar and Schneider Electric have successfully developed and …

Distribution channels: Aviation & Aerospace Industry, Energy Industry ...
Published on June 24, 2026 - 15:24 GMT

Branded Hospitality Partners with David Energy to Help NYC Restaurants and Businesses Cut Utility Bills Guaranteed

NEW YORK CITY, NY, UNITED STATES, June 24, 2026 /⁨EINPresswire.com⁩/ -- Branded Hospitality, the hospitality-focused media and investment platform at the intersection of restaurants, innovation, and industry leadership, today announced a new …

Distribution channels: Business & Economy, Companies ...
Published on June 24, 2026 - 15:24 GMT

Americase International Launches Mastering Lithium-Ion Battery Safety at Industry Event in Annapolis

Expert Panel Moderated by Former PHMSA Leader Features UN/PHMSA Alumni, OEM Executives & Data Center Insights; Draws 114 Industry Leaders. WAXAHACHIE, TX, UNITED STATES, June 24, 2026 /⁨EINPresswire.com⁩/ -- Americase International, a …

Distribution channels: Automotive Industry, Aviation & Aerospace Industry ...
Published on June 24, 2026 - 15:06 GMT

Centre Technologies Secures Strategic Investment to Accelerate National Growth and Service Expansion

Centre Technologies announces a strategic investment from LightBay Capital to strengthen its position as a leading IT managed services provider. TX, UNITED STATES, June 24, 2026 /⁨EINPresswire.com⁩/ -- Centre Technologies (“Centre”), a leading …

Distribution channels: Building & Construction Industry, Energy Industry ...
Published on June 24, 2026 - 15:00 GMT

AMPP Introduces ‘Chapter Takeover’ Podcast Series in Spanish

AMPP launches a six-part Spanish-language podcast series connecting members across Latin America through corrosion and asset integrity conversations. HOUSTON, TX, UNITED STATES, June 24, 2026 /⁨EINPresswire.com⁩/ -- Starting today, the Association for …

Distribution channels: Building & Construction Industry, Energy Industry ...
Published on June 24, 2026 - 14:22 GMT

University of South Alabama partners with Climavision to support weather research, training

Students and faculty gain access to firm’s groundbreaking technology, including radars filling NEXRAD gaps for state EMA LOUISVILLE, KY, UNITED STATES, June 24, 2026 /⁨EINPresswire.com⁩/ -- Just months after the state of Alabama partnered with …

Distribution channels: Agriculture, Farming & Forestry Industry, Business & Economy ...
Published on June 24, 2026 - 13:57 GMT

Kiln Shell Insulation Market Report Highlights Key Segments, Regional Trends And Major Competitors

The Business Research Company’s Kiln Shell Insulation Global Market Report 2026 – Market Size, Trends, And Forecast 2026-2035 LONDON, GREATER LONDON, UNITED KINGDOM, June 24, 2026 /⁨EINPresswire.com⁩/ -- The kiln shell insulation market has been …

Distribution channels: Business & Economy, Energy Industry ...
Published on June 24, 2026 - 13:28 GMT

U.S. Solar Price Premium Skew Fell From 13% to 4% — Buyers Are Still Paying Above List: A1 SolarStore

Deadline-Driven Panic Has Passed — the Structural Supply Shortage Behind It Has Not, showed Q1 2026 A1 Solar Index CORAL SPRINGS, FL, UNITED STATES, June 24, 2026 /⁨EINPresswire.com⁩/ -- U.S. solar buyers paid 3.55 percent above median listing …

Distribution channels: Energy Industry ...
Published on June 24, 2026 - 13:00 GMT

RigER PRO 2.0 Turns Field Tickets Into Same-Day Invoices With QuickBooks Online Sync

Major upgrade adds consumables tracking to every ticket, unveiled by RigER COO Gleb Kobets at Oil Sands Canada 2026 in Calgary AUSTIN, TX, UNITED STATES, June 24, 2026 /⁨EINPresswire.com⁩/ -- RigER Inc. today announced RigER PRO 2.0, a major …

Distribution channels: Energy Industry, Mining Industry ...