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Published on 10:26 GMT

OPEC+ agrees to boost output in June despite falling oil prices

Top oil producers, members of OPEC+, which includes the Organization of the Petroleum Exporting Countries (OPEC) and allies such as Russia, have agreed to accelerate oil production hikes for a second consecutive month, raising output in June by 411,000 …

Source: Sabah - Pending
Published on 11:19 GMT

Why OPEC+ is increasing oil supplies despite falling prices

LONDON — Oil prices are falling. Economists are cutting forecasts for global economic growth. Oil giants are reporting lower profits. But Saturday, eight countries that belong to the oil cartel known as OPEC+ said they would add about 411,000 barrels of …

Source: Oman Observer - Gov't Propaganda
Published on 14:56 GMT

Nigerian Crude sells below $65 per barrel, OPEC revamps oil production

Nigerian crude fell below the Federal Government’s benchmark, selling for $65 per barrel, as OPEC increased production despite heightened geopolitical uncertainty. Nigerian cargoes loaded on May 10 remain unsold, reflecting a lack of enthusiasm from buyers …

Source: Nairametrics - Neutral
Published on 09:01 GMT

UAE supplies 41.4pc of Japan’s oil imports in March 2025

Japan imported 32.48 million barrels of crude oil from the UAE in March 2025, accounting for 41.4 per cent of its total oil imports, according to data from the Agency for Natural Resources and Energy under Japan’s Ministry of Economy, Trade and Industry, …

Source: Trade Arabia - Neutral
Published on 11:05 GMT

Business News | US Dominates Perception Battle with India as They Negotiate a Trade Deal: GTRI's Ajay Srivastava

New Delhi [India], May 4 (ANI): The US administration has been able to dominate the perception battle with its Indian counterpart at a time when both partner countries are negotiating for a bilateral trade deal, according to Ajay Srivastava, Founder of the …

Source: Latestly - Indeterminate
Published on 11:49 GMT

US dominates perception battle with India as they negotiate a trade deal: GTRI's Ajay Srivastava

The US administration has been able to dominate the perception battle with its Indian counterpart at a time when both partner countries are negotiating for a bilateral trade deal, according to Ajay Srivastava, Founder of the Global Trade Research …

Source: The Economic Times - Pending
Published on 05:54 GMT

Falling Oil Prices: Record Output Meets Economic Slowdown

The global economy is showing clear signs of cooling. One of the most telling indicators? Oil prices, which have been declining for months. Are we witnessing the dawn of a deflationary era after years of inflation? The futures price of the benchmark WTI ( …

Source: The American Spectator - Virginia - Right-wing
Published on 05:23 GMT

Govt aims to import six spot LNG cargoes this month

The government eyes the import of a total of six spot liquefied natural gas (LNG) cargoes this month, the highest in a single month, in order to meet the mounting summer demand. State-run Rupantarita Prakritik Gas Company Ltd (RPGCL) has already bought …

Source: The Financial Express Bangladesh - Pro-Government
Published on 08:56 GMT

Oil prices can drop more as OPEC+ ramps up supply again

The production increase comes at a time when oil traders were already expecting further supply-side developments. Reports earlier in the week had pointed to internal discussions within OPEC+ about rebalancing compliance across member countries. Iraq and …

Source: Gulf News - Gov't Propaganda
Published on 10:12 GMT

Saudi non-oil GDP grows at 4.2% in Q1

Saudi Arabia’s real GDP grew 2.7% y-o-y in Q1 2025, driven by a 4.2% rise in non-oil GDP, while oil GDP declined by 1.4%, according to flash estimates by GASAT. The non-oil PMI reached 58.1, and remained above the long-run average of 56.9, indicating …

Source: Trade Arabia - Neutral
Published on 05:44 GMT

SL-US trade talks: CPC to import fuel from US?

Concerns over shipping times and vessel size Infrastructure adjustments for US imports PetroChina and Vitol Asia key current suppliers 2023: 1.67 m MT crude, 18 shipments per month 2023 import cost: $ 3.82 b (crude: $ 811 m, refined: $ 3.01 b) The Ceylon …

Source: The Morning - Pending
Published on 06:25 GMT

Commitment Of Traders - Futures Positions Of Noncommercials

Following futures positions of non-commercials are as of April 29, 2025. 10-year note: Currently net short 871.5k, down 34.5k. The FOMC meets next week. The two-day meeting ending Wednesday is the year’s third, and five more remain after this. During the …

Source: myMotherLode - Pending
Published on 11:49 GMT

Angola President Lourenco invites Indian businesses to explore export opportunities

Angola President Joao Manuel Goncalves Lourenco on Sunday invited Indian businesses to explore opportunities that can place the African nation at the centre of their export strategies, highlighting areas for mutual cooperation, including agriculture, …

Source: The Economic Times - Pending
Published on 14:23 GMT

Indian economy can hit 6.5% growth if US trade deal finalized by Oct: Niti Aayog member Arvind Virmani

"No matter the global uncertainty, a clear and definite bilateral trade agreement by September–October would be enough to get growth back to 6.5%," Virmani told Mint. Also Read | The rush to beat tariffs is distorting the economy. It has barely …

Source: Mint - Neutral
Published on 06:44 GMT

Castor oil market seeking game changer in standardisation, GI designation

The Jamaican castor oil industry has not been able to shed the perception of being an enterprise for the ‘small man’, largely because the potential earnings mainly flow to counterfeit products on the market that are falsely labelled as Jamaican, players in …

Source: The Gleaner - Neutral
Published on 04:43 GMT

Trade, ports, mail: India shuts out Pakistan entirely after Pahalgam attack

India took fresh steps on Saturday to completely block out Pakistan as it unveiled punitive economic measures against the neighbouring country, banning the import of all goods originating there, prohibiting Pakistan-flagged vessels calling at Indian ports, …

Source: Hindustan Times - Indeterminate
Published on 02:59 GMT

Crude oil price to average $64 per barrel in 2025 – World Bank

The price of crude oil is expected to average $64 per barrel in 2025, the World Bank has revealed in its April 2025 Commodity Markets Outlook. This is compared with $80.7 per barrel in 2024. The Bretton Woods institution is forecasting a further drop in …

Source: Joy FM - Pending
Published on 11:26 GMT

India insulates itself from oil shocks

(MENAFN) India is making strategic moves to protect itself from global oil market volatility, with crude imports from the US reaching a 27-month high in April 2025. This shift toward dependable suppliers comes amid sanctions on Venezuela and Iran. …

Source: MENAFN - Indeterminate
Published on May 3, 2025

OPEC+ increases oil production by 411,000 barrels starting in June

The increase, which has the backing of eight out of the 22 member countries of the oil alliance, was approved during a virtual meeting, stated Amena Bakr, an analyst at Kpler, in a statement published on social media platform X. Previously, on April 3, …

Source: Portugal Pulse - Neutral

01 days 12:54:57

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Published on May 4, 2025 - 12:01 GMT

India insulates itself from oil shocks

(MENAFN) India is making strategic moves to protect itself from global oil market volatility, with crude imports from the US reaching a 27-month high in April 2025. This shift toward dependable suppliers comes amid sanctions on Venezuela and Iran. …

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Published on May 4, 2025 - 08:03 GMT

Oil Giant Shell Reports Profits Higher Than Expected

(MENAFN) Energy conglomerate Shell posted first-quarter earnings that surpassed analysts’ predictions, continuing its commitment to shareholder returns, even though its net income declined by 28 percent. Based on an official company release, Shell recorded …

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Published on May 4, 2025 - 13:07 GMT

VENTURE.co Launches VENTURE.co Fund Services to Transform Fund Administration

BURLINGTON, VT, May 04, 2025 (GLOBE NEWSWIRE) -- VENTURE.co Services is proud to announce the launch of VENTURE.co Fund Services, a comprehensive fund administration and transfer agent solution for real estate, oil & gas funds, private equity, venture …

Distribution channels: Business & Economy, Media, Advertising & PR ...
Published on May 4, 2025 - 08:02 GMT

US senator issues warning to Russia to impose ‘bone-crushing’ sanctions

(MENAFN) U.S. Senator Lindsey Graham has introduced a proposal for severe new sanctions on Russia, claiming strong bipartisan backing in the Senate. The legislation aims to support former President Donald Trump’s efforts to negotiate a peace deal between …

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Published on April 30, 2025 - 17:17 GMT

Hassan Najafi Oil Investment Focus at Iran Oil Show 2025 in Tehran

Hassan Najafi to attend Iran Oil Show 2025, promoting cross-sector innovation and investment opportunities between beauty tech and energy sectors. TEHRAN, IRAN, April 30, 2025 /⁨EINPresswire.com⁩/ -- The Iran Oil Show 2025, one of the Middle East’ …

Distribution channels: Beauty & Hair Care, Business & Economy ...
Published on May 2, 2025 - 01:43 GMT

2025-59 HAWAIʻI CONDEMNS ADMINISTRATION’S ILLEGAL ATTEMPT TO INTERFERE WITH STATE LAWSUIT AGAINST BIG OIL, SUES FOSSIL ...

STATE OF HAWAIʻI KA MOKU ʻĀINA O HAWAIʻI DEPARTMENT OF THE ATTORNEY GENERAL KA ʻOIHANA O KA LOIO KUHINA JOSH GREEN, M.D. GOVERNOR KE KIAʻĀINA ANNE LOPEZ ATTORNEY GENERAL LOIO KUHINA HAWAIʻI CONDEMNS ADMINISTRATION’S ILLEGAL ATTEMPT TO INTERFERE …

Distribution channels: U.S. Politics
Published on May 1, 2025 - 23:58 GMT

2025-59 HAWAIʻI CONDEMNS ADMINISTRATION’S ILLEGAL ATTEMPT TO INTERFERE WITH STATE LAWSUIT AGAINST BIG OIL, SUES FOSSIL ...

STATE OF HAWAIʻI KA MOKU ʻĀINA O HAWAIʻI DEPARTMENT OF THE ATTORNEY GENERAL KA ʻOIHANA O KA LOIO KUHINA JOSH GREEN, M.D. GOVERNOR KE KIAʻĀINA ANNE LOPEZ ATTORNEY GENERAL LOIO KUHINA HAWAIʻI CONDEMNS ADMINISTRATION’S ILLEGAL ATTEMPT TO INTERFERE …

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Published on May 3, 2025 - 19:54 GMT

EU Supports New US, Ukraine Economic Deal

(MENAFN) The European Union expressed approval of the newly formalized economic cooperation deal between the United States and Ukraine, stressing that this accord will not interfere with Ukraine’s path toward EU membership, according to Paula Pinho, the …

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Published on May 2, 2025 - 23:16 GMT

CloudOffix to Exhibit at GITEX EUROPE 2025 in Berlin, Showcasing the Future of Total AI, Low-Code, and Total Experience

CloudOffix to Exhibit at GITEX EUROPE 2025 in Berlin, Showcasing the Future of Total AI, Low-Code, and Total Experience CLAYMONT, DE, UNITED STATES, May 3, 2025 /⁨EINPresswire.com⁩/ -- CloudOffix, the world’s first and most comprehensive Low-Code …

Distribution channels: Automotive Industry, Aviation & Aerospace Industry ...
Published on May 2, 2025 - 23:11 GMT

CloudOffix Launches AI Workshop Series to Empower Enterprises with Total AI

CloudOffix Launches AI Workshop Series to Empower Enterprises with Total AI CLAYMONT, DE, UNITED STATES, May 3, 2025 /⁨EINPresswire.com⁩/ -- CloudOffix, the world’s first and only low-code Total Experience Platform, proudly announces the launch of …

Distribution channels: Automotive Industry, Banking, Finance & Investment Industry ...
Published on May 2, 2025 - 21:45 GMT

Splash Tents, Inc. Launches New Line of ARC Tents for Experiential Event Use Nationwide

Splash Tents, Inc. Launches Revolutionary ARC Tents — A Striking Blend of Elegance, Simplicity, and Strength Taking the Event World by Storm. FRANKLIN SPRINGS, GA, UNITED STATES, May 2, 2025 /⁨EINPresswire.com⁩/ -- Splash Tents, Inc., an industry …

Distribution channels: Automotive Industry, Companies ...
Published on May 2, 2025 - 19:51 GMT

Uranium Spot Price Climbs on Renewed Market Activity

Buyers returned to the uranium market in April, after gaining clarity on the exemption of uranium under new US tariffs. ENGLEWOOD, CO, UNITED STATES, May 2, 2025 /⁨EINPresswire.com⁩/ -- Buyers returned to the uranium market in April, after gaining …

Distribution channels: Business & Economy, Chemical Industry ...
Published on May 2, 2025 - 19:26 GMT

This NYC Startup Is Working To Make EV Charging as Easy as Charging A Phone

This Jeff Bezos-backed company is developing certified wireless EV charging technology now being adopted by major global automakers. NEW YORK, NY, UNITED STATES, May 2, 2025 /⁨EINPresswire.com⁩/ -- HEVO Inc., the first and only company to receive …

Distribution channels: Automotive Industry, Electronics Industry ...
Published on May 2, 2025 - 17:00 GMT

EIN Presswire’s Debut Edition of ‘Heard on the Streets': PR Expert Clears Up Important PR Misconception

Sherrie Handrinos discusses how to earn media coverage and the key differences between earned PR and paid placement WASHINGTON, DC, UNITED STATES, May 2, 2025 /⁨EINPresswire.com⁩/ -- In the debut edition of “Heard on the Streets,” a new series on …

Distribution channels: Agriculture, Farming & Forestry Industry, Amusement, Gaming & Casino ...
Published on May 2, 2025 - 15:02 GMT

SABR Coalition Commends Reintroduction of Biodiesel Blenders Tax Credit in US House of Representatives

The biodiesel group and its members urge Congress to include the two-year BTC extension in the budget-reconciliation process. JEFFERSON CITY, MO, UNITED STATES, May 2, 2025 /⁨EINPresswire.com⁩/ -- The Sustainable Advanced Biofuel Refiners (SABR) …

Distribution channels: Agriculture, Farming & Forestry Industry, Business & Economy ...
Published on May 2, 2025 - 13:19 GMT

Kitchener’s HVAC Company, Able Air Conditioning & Heating Inc. Celebrates Winning The 2025 ThreeBestRated® Trophy

KITCHENER, ONTARIO, CANADA, May 2, 2025 /⁨EINPresswire.com⁩/ -- HVAC is directly related to comfort. In the busy city of Kitchener, the importance of a good HVAC system can never be overstated, as its unpredictable climate demands a reliable …

Distribution channels: Building & Construction Industry, Energy Industry ...
Published on May 2, 2025 - 13:18 GMT

Hydrogen Compressor Market estimated to reach US$5.303 billion by 2030 at a CAGR of 6.15%

The hydrogen compressor market is anticipated to grow at a CAGR of 6.15% from US$3.934 billion in 2025 to US$5.303 billion by 2030. NEW YORK, NY, UNITED STATES, May 2, 2025 /⁨EINPresswire.com⁩/ -- According to a new study published by Knowledge …

Distribution channels: Energy Industry ...
Published on May 2, 2025 - 12:15 GMT

MEA Energy Association Launches Utility Leadership Accelerator Program – Manager Edition

Empowering Mid-Level Utility Leaders Through Targeted, Industry-Specific Development BLOOMINGTON, MN, UNITED STATES, May 2, 2025 /⁨EINPresswire.com⁩/ -- MEA Energy Association (MEA) is proud to announce the launch of its new Utility Leadership …

Distribution channels: Building & Construction Industry, Companies ...
Published on May 2, 2025 - 11:25 GMT

Business Awards UK 2025 Clean Energy Awards: Powering Progress in Renewables

DONCASTER, UNITED KINGDOM, May 2, 2025 /⁨EINPresswire.com⁩/ -- Business Awards UK is pleased to announce the winners and finalists of the 2025 Clean Energy Awards, recognising outstanding contributions across the UK’s clean and renewable energy …

Distribution channels: Business & Economy, Companies ...
Published on May 2, 2025 - 12:00 GMT

TurnOnGreen, Inc. Reports Strong Electric Vehicle Charging Network Growth in 2024

MILPITAS, Calif., May 02, 2025 (GLOBE NEWSWIRE) -- TurnOnGreen, Inc. (OTC:TOGI) (“TurnOnGreen” or the “Company”), a developer and provider of electric vehicle (“EV”) charging solutions and mission-critical power electronics products, today announced …

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Published on May 2, 2025 - 10:55 GMT

Brookfield Renewable Announces Strong First Quarter Results

All amounts in U.S. dollars unless otherwise indicated BROOKFIELD, News, May 02, 2025 (GLOBE NEWSWIRE) -- Brookfield Renewable Partners L.P. (TSX: BEP.UN; NYSE: BEP) (“Brookfield Renewable Partners”, "BEP") today reported financial results for …

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Published on May 1, 2025 - 20:52 GMT

Water On Demand Featured in Upcoming TV Series 'The Raise'

Highlighting creative solution to trillion-dollar water deficit CLEARWATER, FL, UNITED STATES, May 1, 2025 /⁨EINPresswire.com⁩/ -- Water On Demand Inc. (WODI), a fintech-focused company turning water systems into tax-leveraged assets, and American …

Distribution channels: Banking, Finance & Investment Industry, Business & Economy ...
Published on May 1, 2025 - 20:33 GMT

PV-Carport-Lösungen mit smarter Parkplatzverwaltung: Gorfion Green Energy und EnoPark starten strategische Partnerschaft

Kunden von Gorfion Green Energy und EnoPark können PV-Carports inklusive intelligenter Parkplatzmanagement-Software ohne Eigeninvestitionen realisieren. KONSTANZ, GERMANY, May 1, 2025 /⁨EINPresswire.com⁩/ -- Die Gorfion Green Energy und das …

Distribution channels: Building & Construction Industry, Business & Economy ...
Published on May 1, 2025 - 18:40 GMT

PteroDynamics Exhibits at SOF Week 2025 Annual Conference for Special Operations Forces

COLORADO SPRINGS, CO, UNITED STATES, May 1, 2025 /⁨EINPresswire.com⁩/ -- PteroDynamics Inc., an innovator in autonomous vertical takeoff and landing (VTOL) aircraft systems, today announced that it is exhibiting at SOF Week 2025, the annual convention for …

Distribution channels: Agriculture, Farming & Forestry Industry, Aviation & Aerospace Industry ...
Published on May 1, 2025 - 17:00 GMT

Klean Industries Secures Global Patent Protection for End-of-Life Tire Pyrolysis Technology

International PCT Patent Reinforces Klean’s Leadership in Advanced Resource Recovery NEW YORK, NY, UNITED STATES, May 1, 2025 /⁨EINPresswire.com⁩/ -- Klean Industries Inc. (“Klean”), a global leader in tire pyrolysis and circular economy solutions …

Distribution channels: Chemical Industry, Energy Industry ...
Published on May 1, 2025 - 17:00 GMT

Edo Collaborates with Piclo to Bring Commercial Buildings into Connecticut Flexibility Marketplace

Edo and Piclo partner to bring flexible load from commercial buildings into Connecticut demand flexibility program. SEATTLE, WA, UNITED STATES, May 1, 2025 /⁨EINPresswire.com⁩/ -- Edo, a leader in demand flexibility and building energy …

Distribution channels: Business & Economy, Energy Industry ...
Published on May 1, 2025 - 16:32 GMT

Pando Electric Awarded $5.4 Million CEC Grant to Expand Multifamily Housing EV Charging Across California

Pando Electric wins $5.4M CEC grant to install 1,600+ EV chargers, bringing affordable, reliable charging to multifamily homes across California. SAN JOSE, CA, UNITED STATES, May 1, 2025 /⁨EINPresswire.com⁩/ -- Pando Electric, the fastest-growing …

Distribution channels: Automotive Industry, Banking, Finance & Investment Industry ...
Published on May 1, 2025 - 14:25 GMT

Grimes Carbon Tech Says U.S. Can Produce Enough Rare Earths to Exceed Demand for the Next 1,000 Years

GCT to preview its proprietary technology on May 21, 2025 at 10 am EDT (GMT-4) NEW YORK, NY, UNITED STATES, May 1, 2025 /⁨EINPresswire.com⁩/ -- Green energy start-up, Grimes Carbon Tech (GCT) will preview its proprietary technology for turning existing …

Distribution channels: Automotive Industry, Banking, Finance & Investment Industry ...