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Published on 11:17 GMT

Stocks and oil gain as traders shrug off Trump's tariff news

PARIS :European stocks rose on Wednesday as traders seemed untroubled by U.S. President Donald Trump's announcement that he would impose a 50 per cent tariff on imported copper and soon introduce levies of up to 200 per cent for pharmaceuticals. Trump…

Source: Channel News Asia - Pro-Government
Published on Jul 8, 2025

Oil Prices Near 2-Week Highs On OPEC+ Output and U.S. Tariffs

Oil prices climbed Tuesday, hovering near two-week highs as markets absorbed the impact of a larger-than-expected OPEC+ production increase and ongoing uncertainty around US trade policy. As of mid-afternoon, Brent crude was up 89 cents at $70.47 per …

Source: Oil Price - Neutral
Published on 11:24 GMT

Dangote to end crude imports by year-end

cuts petrol price to N820 The Dangote Petroleum Refinery plans to stop importing crude oil by December 2025 and rely solely on Nigerian crude, according to a report by Bloomberg. Vice President of Dangote Industries, Devakumar Edwin, who oversees the Lagos …

Source: The Guardian (Nigeria) - Neutral
Published on 07:18 GMT

No justification for stakeholders summit in the midstream downstream oil sector

BY DAN D. KUNLE It has just come to my attention, via Punch online, that the Nigerian Midstream and Downstream Petroleum Regulatory Authority (NMDPRA) is proposing a stakeholders’ summit on petroleum product pricing standards. This is a strange move, …

Source: The Cable - Neutral
Published on 10:15 GMT

Dangote Refinery To End Crude Oil Imports By December

The Dangote Oil Refinery will stop importing crude oil and rely entirely on Nigerian supply by December 2025, a report by Bloomberg has disclosed. The 650,000-barrel-per-day facility in Lagos, aims to fully transition to domestic crude supply to eliminate …

Source: Leadership - Neutral
Published on 07:51 GMT

Dangote Refinery Sourced 53% Local Crude in June, Aims for 100% by December

Dangote Industries Limited (DIL) expects Africa’s biggest refinery to rely totally on Nigerian crude by the end of the year, a move that would replace hundreds of thousands of barrels a day of imported oil, Bloomberg reported on Tuesday. The plant owned by …

Source: Arise News - Neutral
Published on 02:44 GMT

Dangote refinery to rely 100% on Nigerian crude by year end –Report

From Adanna Nnamani, Abuja Dangote Industries Ltd. has said that its 650,000-barrel-per-day refinery, the largest in Africa, will rely entirely on Nigerian crude oil by the end of 2025, potentially displacing hundreds of thousands of barrels of imported …

Source: The Sun Nigeria - Indeterminate
Published on 10:28 GMT

India plans Strategic Oil Reserves in Mangalore, Bikaner and four other sites to boost energy security

India is planning to establish strategic petroleum reserves (SPRs) at six additional locations as part of a renewed effort to strengthen its energy security, according to sources familiar with the matter. Engineers India Ltd (EIL), a state-run engineering …

Source: Organiser Weekly - Pending
Published on 03:27 GMT

Dangote Refinery To End Crude Importation By Year-end – Report

The Dangote Refinery may end crude oil import as it considers sourcing the entire crude required for the 650,000-barrel-per-day refinery capacity in-country. According to a Bloomberg report, the refinery will rely entirely on Nigerian crude oil by the end …

Source: Leadership - Neutral
Published on 06:20 GMT

Oil slips from two-week highs as tariff uncertainty weighs

Singapore — Oil prices edged down on Wednesday after rising to two-week highs in the previous session, as investors awaited new developments on US tariffs amid expectations of rising crude inventories in the US. Brent crude futures slipped 7c, or 0.1%, at …

Source: Business Day - Neutral
Published on 05:57 GMT

Crude oil prices fall as industry data shows increase in US inventories; copper futures rise post Trump tariff

According to the industry body American Petroleum Institute (API), crude oil inventories in the US increased by 7.1 million barrels for the week ending July 4. Crude oil futures traded lower on Wednesday morning after an industry report showed an increase …

Source: The Hindu Business Line - Neutral
Published on 02:30 GMT

Can the Oil Market Absorb OPEC+ Output Hikes?

OPEC+ never fails to surprise speculators and market analysts. This weekend’s meeting to decide August production levels was expected to be a short routine video call to announce another output hike of 411,000 barrels per day (bpd). Short it was, but the …

Source: Oil Price - Neutral
Published on 05:18 GMT

How used cooking oil could hinder aviation’s green fuel hopes

Members of the public delivering their used cooking oil to Evergreen Oil and Feed joint collection drive with the Melaka City Council. PHOTO: SAIRIEN NAFIS MELAKA, Malaysia – This is the starting point for the world’s – and especially Europe’s – lofty …

Source: Inquirer - Neutral
Published on 09:24 GMT

Global Oil Prices Capped Despite Geopolitical Shocks, Afreximbank Reports

Global oil markets remain balanced despite heightened geopolitical tensions, as rising supply offsets risk-driven volatility, according to the African Export-Import Bank’s July 2025 Commodity Market Update. Brent crude averaged US$81 per barrel in June, …

Source: News Ghana - Indeterminate
Published on 11:08 GMT

Two Trades To Watch: DAX, Oil Forecast - Wednesday, July 9

Image Source: Pixabay DAX rises as investors await trade news from Trump The DAX, along with European indices, is inching higher on Wednesday, supported by defence stocks as investors wait for news on a trade deal with the US. President Trump said he …

Source: myMotherLode - California - Pending
Published on 02:16 GMT

Oil steadies as industry report points to gain in US stockpiles

Oil steadied as traders weighed signs of swelling US crude stockpiles and the fallout from President Donald Trump’s tariff regime. Brent held near $70 a barrel after a two-day gain, and West Texas Intermediate was around $68. US inventories rose by 7.1 …

Source: CNBC-TV18 - Center-left
Published on 06:59 GMT

Middle East crisis: Nigeria must look beyond higher crude prices

Ordinarily, reports of rising prices of crude oil in the international market should raise the hope of Nigeria for a better economic deal, both in safely implementing the 2025 federal budget, and in translating to improved welfare for the ordinary Nigerian …

Source: The Guardian (Nigeria) - Neutral
Published on 10:35 GMT

Saudi Aramco’s $3.4B US refinery plan unveiled during Trump visit

Subscribe to our free newsletter today to keep up to date with the latest energy, oil and gas news. Saudi Aramco, the world’s largest oil company, has announced plans for a $3.4 billion expansion of its US refinery operations during former President Donald …

Source: Energy, Oil & Gas magazine - Florida - Pending
Published on 09:05 GMT

Dangote Refinery Reduces Ex-Depot Petrol Price To ₦820 Per Litre Amid Fresh Market Adjustment

In a renewed effort to ease fuel prices and stabilize market dynamics, the Dangote Petroleum Refinery has announced a fresh downward adjustment in the ex-depot price of Premium Motor Spirit (PMS), widely known as petrol. The new rate has been revised from …

Source: Biz Watch Nigeria - Indeterminate

05 days 15:50:45

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Published on July 9, 2025 - 08:30 GMT

Pipe Coating Materials Market Regional Analysis, Competitor Strategies and Forecast To 2033

The growth of the global pipe coating materials market is majorly driven by rise in demand for corrosion protection in oil and gas, and wastewater industries. WILMINGTON, DE, UNITED STATES, July 9, 2025 /⁨EINPresswire.com⁩/ -- Allied Market …

Distribution channels: Building & Construction Industry, Manufacturing ...
Published on July 8, 2025 - 06:58 GMT

UAE Liquified Petroleum Gas Market to Double by 2033, Hitting $13.7 Billion

🚀 Agricultural and Associated Gas Growth Fuel UAE Liquified Petroleum Gas Market at 5.8% CAGR WILMINGTON, DE, UNITED STATES, July 8, 2025 /⁨EINPresswire.com⁩/ -- According to a new report published by Allied Market Research, the UAE liquified …

Distribution channels: Business & Economy, Energy Industry ...

Published on July 8, 2025 - 18:09 GMT

Russian oil company expands existence in Egypt

(MENAFN) Russian oil giant Lukoil has inked a new agreement with Egypt’s South Valley Egyptian Petroleum Holding Company (Ganope) to begin oil exploration in the Eastern Desert, the Egyptian Ministry of Petroleum and Mineral Resources announced Wednesday. …

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Published on July 9, 2025 - 10:24 GMT

Actuators And Valves Market to Observe Strong Development by 2032

Actuators And Valves Market Expected to Reach $221.3 Billion by 2032—Allied Market Research WILMINGTON, DE, UNITED STATES, July 9, 2025 /⁨EINPresswire.com⁩/ -- Allied Market Research, titled, "Actuators And Valves Market by Application and Type: …

Distribution channels: Electronics Industry, Manufacturing ...

Published on July 9, 2025 - 11:00 GMT

OTC Markets Group Welcomes Whitecap Resources Inc. to OTCQX

NEW YORK, July 09, 2025 (GLOBE NEWSWIRE) -- OTC Markets Group Inc. (OTCQX: OTCM), operator of regulated markets for trading 12,000 U.S. and international securities, today announced Whitecap Resources Inc. (TSX: WCP; OTCQX: WCPRF), a leading Canadian oil …

Distribution channels: Banking, Finance & Investment Industry ...
Published on July 9, 2025 - 08:08 GMT

Geophysical Services Market Outlook: Exploring New Depths in Energy, Water, and Archaeology

Rising Green Energy Demand and AI Integration Propel Geophysical Services Market at 4.3% CAGR Through 2033 WILMINGTON, DE, UNITED STATES, July 9, 2025 /⁨EINPresswire.com⁩/ -- According to a recent report by Allied Market Research, the …

Distribution channels: Energy Industry, Environment ...
Published on July 9, 2025 - 10:09 GMT

Machine Condition Monitoring System Market to Record Sturdy Growth by 2032

Machine Condition Monitoring System Market Expected to Reach $5.4 Billion by 2032—Allied Market Research WILMINGTON, DE, UNITED STATES, July 9, 2025 /⁨EINPresswire.com⁩/ -- According to Allied Market Research, titled "Machine Condition …

Distribution channels: IT Industry, Technology ...
Published on July 9, 2025 - 05:38 GMT

Planned LNG Market to Reach $58.9 Billion by 2030: Asia-Pacific Leads Demand Surge

Planned LNG Market Set for 9.9% CAGR 📊 | Asia-Pacific & Industrial Sector Lead Growth WILMINGTON, DE, UNITED STATES, July 9, 2025 /⁨EINPresswire.com⁩/ -- The planned LNG market is experiencing robust growth, driven by rising global demand …

Distribution channels: Energy Industry, Shipping, Storage & Logistics ...

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Published on July 9, 2025 - 11:53 GMT

Climate And Carbon Finance Market Growing at 33.7% CAGR | EcoAct (France), First Climate (Germany)

CA, UNITED STATES, July 9, 2025 /⁨EINPresswire.com⁩/ -- Climate And Carbon Finance Market is estimated to be valued at USD 656.04 Bn in 2025 and is expected to reach USD 5,010.14 Bn in 2032, exhibiting a compound annual growth rate (CAGR) of 33.7% …

Distribution channels: Energy Industry ...
Published on July 9, 2025 - 11:06 GMT

Power Semiconductor Market to Receive Overwhelming Hike in Revenues By 2032

Power Semiconductor Market Expected to Reach $79.9 Billion by 2032—Allied Market Research WILMINGTON, DE, UNITED STATES, July 9, 2025 /⁨EINPresswire.com⁩/ -- Allied Market Research, titled, "Power Semiconductor Market, by Component, Product, …

Distribution channels: Electronics Industry, Energy Industry ...
Published on July 9, 2025 - 10:29 GMT

Chip On Board Light Emitting Diodes Market to Surge at a Robust Pace in Terms of Revenue Over 2032

Chip On Board Light Emitting Diodes Market Expected to Reach $5.5 Billion by 2032—Allied Market Research WILMINGTON, DE, UNITED STATES, July 9, 2025 /⁨EINPresswire.com⁩/ -- Allied Market Research, titled, "Chip On Board Light Emitting Diodes …

Distribution channels: Electronics Industry, Energy Industry ...
Published on July 9, 2025 - 10:00 GMT

Everblue Partners with ElectriCities to Optimize Commercial and Industrial Lighting Rebates

HUNTERSVILLE, NC, UNITED STATES, July 9, 2025 /⁨EINPresswire.com⁩/ -- Everblue will revamp ElectriCities Commercial and Industrial Lighting Rebate Program, introducing new features and strategies that make energy-saving upgrades easier and more …

Distribution channels: Business & Economy, Energy Industry ...
Published on July 9, 2025 - 09:59 GMT

MADE IN ITALY A NEW LIQUID COOLING DATA CENTER

A new chapter in the Italian technological innovation and energy sustainability has been written with the inauguration of the new liquid cooling data center TREVISO, ITALY, July 9, 2025 /⁨EINPresswire.com⁩/ -- Treviso Italy July 9, 2025 - A new …

Distribution channels: Emergency Services, Energy Industry ...
Published on July 9, 2025 - 09:50 GMT

BB Energy Successfully Closes its Global Syndicated 1 Year Revolving Credit Facility at USD 375 million

The 1-year RCF will be used to refinance the maturing facility signed in July 2024, as well as for general corporate purposes. LONDON, UNITED KINGDOM, July 9, 2025 /⁨EINPresswire.com⁩/ -- BB Energy Group Holding Ltd. – known as BB Energy – a …

Distribution channels: Banking, Finance & Investment Industry, Energy Industry ...
Published on July 9, 2025 - 09:14 GMT

Portable Battery Market Surges Toward $27.5 Billion by 2030 Amid Smart Device and EV Boom

Lithium-Ion Tech & Smart Device Demand Boost Global Portable Battery Market at 10.4% CAGR WILMINGTON, DE, UNITED STATES, July 9, 2025 /⁨EINPresswire.com⁩/ -- According to a new report published by Allied Market Research, the portable battery …

Distribution channels: Consumer Goods, Energy Industry ...
Published on July 9, 2025 - 09:12 GMT

Pyramid Eco Phases Out EPS Insulation to Put Homeowners' Safety First

LONDON, UNITED KINGDOM, July 9, 2025 /⁨EINPresswire.com⁩/ -- Citing fire safety risks, moisture concerns, and increasing scrutiny from lenders and insurers, Pyramid Eco has officially phased out EPS insulation across all retrofit projects. The …

Distribution channels: Building & Construction Industry, Business & Economy ...
Published on July 9, 2025 - 08:55 GMT

Gastech 2025 Announces Key Speaker Line-Up, Bringing Global Energy Leaders and Innovators to Milan

MILAN, ITALY, July 9, 2025 /⁨EINPresswire.com⁩/ -- • As the premier global gathering for natural gas, LNG, and other energy-related sectors, Gastech has just announced an elite speaker line-up for 2025, with leading CEOs such as Wael Sawan from …

Distribution channels: Banking, Finance & Investment Industry, Business & Economy ...
Published on July 9, 2025 - 08:44 GMT

Solar Photovoltaic Glass Market to Hit $243.7 Billion by 2033, Fueled by Clean Energy & Smart Building Integration

🔆 Solar Photovoltaic Glass Market Booms with Smart Energy Demand & Government Incentives WILMINGTON, DE, UNITED STATES, July 9, 2025 /⁨EINPresswire.com⁩/ -- According to a new report published by Allied Market Research, the solar …

Distribution channels: Building & Construction Industry, Energy Industry ...
Published on July 9, 2025 - 08:08 GMT

Geophysical Services Market Outlook: Exploring New Depths in Energy, Water, and Archaeology

Rising Green Energy Demand and AI Integration Propel Geophysical Services Market at 4.3% CAGR Through 2033 WILMINGTON, DE, UNITED STATES, July 9, 2025 /⁨EINPresswire.com⁩/ -- According to a recent report by Allied Market Research, the …

Distribution channels: Energy Industry, Environment ...
Published on July 9, 2025 - 06:51 GMT

Precious Metals for Refiners and Recyclers Powering Global Sustainability

The global market for precious metals for refiners and recyclers is projected to surge from $90.38 billion in 2025 to $138.16 billion by 2032 TX, UNITED STATES, July 8, 2025 /⁨EINPresswire.com⁩/ -- The global market for precious metals for …

Distribution channels: Aviation & Aerospace Industry, Chemical Industry ...
Published on July 9, 2025 - 06:46 GMT

SolarisTech Launches Nautilux: The Next-Generation Platform for Maritime Compliance, Oversight and Operational Integrity

AI-powered platform for audit readiness, crew compliance, and real-time inspection risk management - Nautilux redefines maritime oversight. MIAMI, FL, UNITED STATES, July 9, 2025 /⁨EINPresswire.com⁩/ -- SolarisTech LLC is proud to announce the …

Distribution channels: Banking, Finance & Investment Industry, Business & Economy ...
Published on July 9, 2025 - 06:28 GMT

Powering Africa's Future: Generator Sets Market to Reach $1.33 Billion by 2032

Containerized Gensets Revolutionize Africa’s Generator Sets Market, Forecasted at 7.7% CAGR by 2032 WILMINGTON, DE, UNITED STATES, July 9, 2025 /⁨EINPresswire.com⁩/ -- According to a new report by Allied Market Research, the Africa generator …

Distribution channels: Energy Industry, Manufacturing ...
Published on July 9, 2025 - 05:38 GMT

Planned LNG Market to Reach $58.9 Billion by 2030: Asia-Pacific Leads Demand Surge

Planned LNG Market Set for 9.9% CAGR 📊 | Asia-Pacific & Industrial Sector Lead Growth WILMINGTON, DE, UNITED STATES, July 9, 2025 /⁨EINPresswire.com⁩/ -- The planned LNG market is experiencing robust growth, driven by rising global demand …

Distribution channels: Energy Industry, Shipping, Storage & Logistics ...
Published on July 8, 2025 - 21:29 GMT

Arcanum Infrastructure, LLC Appoints Matt Bogun as Chief Executive Officer to Lead Next Phase of Growth

Arcanum Infrastructure, LLC is pleased to announce the appointment of Matt Bogun as Chief Executive Officer, effective July 1, 2025. HOUSTON, TX, UNITED STATES, July 8, 2025 /⁨EINPresswire.com⁩/ -- Arcanum Infrastructure, LLC is pleased to …

Distribution channels: Banking, Finance & Investment Industry, Chemical Industry ...
Published on July 8, 2025 - 19:32 GMT

Elite Roof and Solar Expands Services with New Gutter Crew

Delivering On-Site Seamless Gutter Solutions for Faster Installs, Better Protection, and a Streamlined Customer Experience DAVIDSON, NC, UNITED STATES, July 8, 2025 /⁨EINPresswire.com⁩/ -- Elite Roof and Solar is excited to announce that our …

Distribution channels: Building & Construction Industry, Business & Economy ...
Published on July 8, 2025 - 18:19 GMT

Arctic Green Energy Names Charlotte Xin Zhao as Global CEO

Seasoned finance and clean‑energy leader Charlotte Xin Zhao takes the helm of Arctic Green Energy to accelerate global geothermal growth BEIJING, CHINA, July 8, 2025 /⁨EINPresswire.com⁩/ -- Beijing, 30th June 2025 – Arctic Green Energy is proud to …

Distribution channels: Energy Industry ...
Published on July 8, 2025 - 17:40 GMT

Philomaxcap and ProtonH2 Sign MOU to Deliver Scalable, Low-Cost Hydrogen Infrastructure

TITUSVILLE, FL, UNITED STATES, July 8, 2025 /⁨EINPresswire.com⁩/ -- Philomaxcap AG, a Frankfurt-listed company and parent of U.S.-based liquid hydrogen innovator GenH2, has entered into a Memorandum of Understanding (MOU) with Canadian clean …

Distribution channels: Aviation & Aerospace Industry, Business & Economy ...
Published on July 8, 2025 - 17:18 GMT

Indonesia and U.S. Strengthen Commercial Ties with Landmark Business Deals

WASHINGTON, DC, UNITED STATES, July 8, 2025 /⁨EINPresswire.com⁩/ -- The Indonesian government, in collaboration with the private sector, is advancing the Comprehensive Strategic Partnership between Indonesia and the United States, focusing on …

Distribution channels: Agriculture, Farming & Forestry Industry, Business & Economy ...