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A service for energy industry professionals · Thursday, May 8, 2025 · 810,633,179 Articles · 3+ Million Readers
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Oil Price News Monitoring

  • Published on 02:04 GMT

    Australia news live: Chandler-Mather fires back at Albanese; shareholders lodge protest votes against Woodside over oil ...

    Rudd criticises Trump's film tariff plan as a 'tax on Bluey'Kevin Rudd has taken aim at the US proposal to put tariffs on screen productions, saying the world does not want a “tax on Bluey”. Australia’s ambassador to the US was speaking at a …

    Source: The Guardian - Center-left
  • Published on May 7, 2025

    Understanding 'Drill, baby, drill' and oil prices in Trump 2.0

    OPINION: “Drill, baby, drill” and “frack, frack, frack” were campaign slogans from decades past. They are back in the White House and within the Trump administration, and that is great news for Americans. “Drill, baby, drill” was a mantra on the campaign …

    Source: The Washington Times - Right-wing
  • Published on 07:18 GMT

    I’m pinning my hopes on this activist investor kickstarting the BP share price

    The BP (LSE:BP.) share price is now (7 May) 32% below its 52-week high. A falling oil price, concerns over how Trump’s tariffs might impact global energy demand, and an internal debate on how ‘green’ the group should be, have all played their part in …

    Source: The Motley Fool UK - Neutral
  • Published on 07:27 GMT

    West Virginia’s electricity prices could rise amid push for coal

    Over the past 15 years, West Virginians have been shelling out more of their income each month on electricity bills. Now, as lawmakers continue to push a reliance on coal, with support from the Trump administration, advocates say they are worried about …

    Source: Public News Service - Left-wing
  • Published on 07:41 GMT

    Vegetable price crash cools April thali costs; Non-veg meals also see relief

    synopsis The average cost of a vegetarian thali stood at Rs 26.3 in April 2025, down 4% compared to the same period last year. The cost of preparing home-cooked meals saw a notable decline in April 2025, driven primarily by a sharp drop in vegetable prices …

    Source: Asianet Newsable - Pending
  • Published on 06:57 GMT

    Palm prices decline limited by Indian buying, short covering

    JAKARTA: Malaysian palm oil futures fell on Thursday, continuing their decline for an eighth session and hitting their lowest since September, although strong Indian buying and short covering helped erase some early losses. The benchmark palm oil contract …

    Source: Business Recorder - Neutral
  • Published on May 7, 2025

    CDEDI demands accountability on fuel importation

    LILONGWE-(MaraviPost)-The country’s civil rights group Centre for Democracy and Economic Development Initiatives (CDEDI) has challenged Malawians to demand transparency, accountability, and strict adherence to established procedures, guidelines, and laws …

    Source: The Maravi Post - Neutral
  • Published on May 7, 2025

    Occidental reports quarterly profit beat on strong output, natural gas prices

    (Reuters) -Occidental Petroleum beat Wall Street estimates for first-quarter profit on Wednesday, helped by strong production and favorable commodity prices. Benchmark Brent crude prices averaged $74.98 a barrel during the first quarter, up 1.3% …

    Source: Regional Media News - Iowa - Pending
  • Published on 02:53 GMT

    India set to save Rs 1.8 lakh crore on oil imports after global price dip

    Oil marketing companies (OMCs) are expected to maintain healthy marketing margins on auto fuels, while under-recoveries on liquefied petroleum gas (LPG) are likely to decrease. India, the world's third-largest oil importer, is poised to save up to Rs 1 …

    Source: ETAuto - Indeterminate
  • Published on 08:42 GMT

    Oil prices gain on US-China trade talk optimism

    Oil prices traded higher during Asian trade on Thursday after falling 1.7% in the previous session, as investors weighed economic uncertainty surrounding upcoming United States-China trade talks amid signs of softening demand. By 2:30 pm AEST (4:30 am GMT) …

    Source: Azzet - Pending
  • Published on 05:35 GMT

    Oil prices edge up on US-China trade talk hopes

    2025-05-08T05:29:24+00:00 font Enable Reading Mode A- A A+ Shafaq News/ Oil rose on Thursday after falling more than $1 in the previous session, supported by hopes of a breakthrough in looming trade talks between the U.S. and China, the world's two …

    Source: Shafaq News - Indeterminate
  • Published on 03:42 GMT

    California Gas Prices Could Rise 75% By End Of 2026: USC Analysis

    Authored by Brad Jones via The Epoch Times, California gas prices could skyrocket by as much as 75 percent by the end of 2026 with the expected shutdown of oil refineries in the state, according to an analysis released May 5 by a researcher at the …

    Source: Zero Hedge - Right-wing
  • Published on 04:55 GMT

    Tariff Measures Weigh on Oil and Global Growth

    ICE Brent crude prices face downward pressure amid U.S. tariff hikes, rising OPEC+ production, and global recession fears. PUBLISHED : 8 May 2025 at 11:18 The average price of ICE Brent crude oil in Q1/ 2025 was $74.97/BBL, slightly higher than $74 …

    Source: Bangkok Post - Center-right
  • Published on 08:35 GMT

    Experts warn of devastating conditions driving up vegetable oil prices: 'Volatility across all markets'

    Many of the most common crops around the world, from corn to cocoa, have faced increasing volatility lately due to several factors, such as unpredictable weather. According to FoodNavigator, vegetable oils are the latest victims of this volatility. What…

    Source: The Cool Down - Oregon - Center-left
  • Published on 03:08 GMT

    Crude oil prices are warning for global economy

    Crude oil is king of the commodity markets and usually is a very good indicator of where the economy is headed. However, news from the crude oil market has not been good lately, either for the commodities or for the future of the global economy. Nearby …

    Source: The Western Producer - Neutral
  • Published on 01:44 GMT

    Oil Prices Drop .. Brent Crude Reaches $61

    Thu 08 May 2025 | 12:26 AM Oil Prices Plunge after Federal Reserve Rate Hike Oil prices fell on Wednesday, after rebounding from a sharp sell-off earlier in the week, as investors shifted their focus to US-China trade talks this weekend. Brent crude …

    Source: Sada Elbalad - Gov't Propaganda
  • Published on 04:19 GMT

    Asia Fuel Oil Spot markets little changed in slower momentum

    Asia spot fuel oil markets were little changed on Wednesday as trading momentum slowed compared to the previous day, while market sources awaited more sales tenders for June. The cash differential for very low sulphur fuel oil (VLSFO) was pegged at $6.50 a …

    Source: Hellenic Shipping News - Neutral
  • Published on 08:24 GMT

    Oil edges up after Trump flags coming trade deal

    (Bloomberg) — Oil rose after Donald Trump flagged a Thursday announcement on a trade deal, which is expected to be with the UK, as the US president faces political pressure following tariffs that rattled global markets. Most Read from Bloomberg Brent (BZ=F …

    Source: Yahoo Finance - Pending
  • Published on 05:21 GMT

    EOG announces shallow-water oil discovery

    EOG Resources Inc has announced a shallow-water offshore oil discovery in the country, which its chairman and chief executive officer Ezra Yacob said is being progressed toward a final investment decision. “The Beryl oil discovery is based on a successful …

    Source: Trinidad Express - Neutral

04 days 19:04:44

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