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A service for energy industry professionals · Sunday, May 4, 2025 · 809,414,060 Articles · 3+ Million Readers
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China Oil & Gas Newswire

  • 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 18:11 GMT

    Why Oil Stocks Plummeted in April

    While stocks have mostly recovered from April 2 "Liberation Day," oil prices haven't. The struggling oil price led to a severe down month for most oil and gas stocks. Saudi Arabia is threatening to increase supply even as demand questions …

    Source: Yahoo Finance - Pending
  • Published on 14:17 GMT

    China's Xi Jinping To Visit Russia From May 7–10 For Talks With Putin, Attend Victory Day Celebrations

    Beijing/Moscow: Chinese President Xi Jinping will visit Russia from May 7-10 to attend the Victory Day Parade in Moscow and hold "strategic communication" with his Russian counterpart Vladimir Putin on a series of major international and …

    Source: Free Press Journal - Neutral
  • 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 14:08 GMT

    The International Monetary Fund and China — A Comparison In Foreign Lending

    In the early 1980s, many Latin and South American countries, including those with big economies such as Mexico, Brazil and Argentina, suffered a debilitating foreign exchange crisis and were unable to service their foreign debt. These countries took …

    Source: Fair Observer - Left-wing
  • Published on 16:04 GMT

    Philippines, China should agree on status quo at Sandy Cay — analysts

    By Kenneth Christiane L. Basilio, Reporter THE PHILIPPINES should strike a deal with China to keep the status quo at a contested sandbar in the South China Sea while it continues to challenge Chinese aggression at sea, security analysts said at the weekend …

    Source: Business World - Pending
  • Published on 17:17 GMT

    Trump Lies About Gas and Grocery Prices, Defends Tariffs

    Donald Trump tried to argue that prices on gas and groceries are falling even though the numbers disprove those claims. He also encouraged Americans to buy fewer dolls and pencils as a way to deal with rising costs due to his tariff policies. “Prices are …

    Source: Rolling Stone - Left-wing
  • Published on 18:08 GMT

    Oman’s oil output to rise to 775K bpd

    MUSCAT, MAY 4 Oman’s oil production is projected to rise to 775,000 barrels per day (bpd) in June 2025, up from the required production level of 768,000 bpd set for May 2025. This follows a decision by eight Opec+ producers, including the Sultanate of Oman …

    Source: Oman Observer - Gov't Propaganda
  • Published on 18:08 GMT

    How Foreigners Are Using Legal Loopholes To Flood Zimbabwe’s Retail Sector Reserved For Locals

    How foreign entrepreneurs are taking over Zimbabwe’s retail market – Tricks they are using to bypass regulations Foreign entrepreneurs are increasingly taking over Zimbabwe’s retail market — a space legally reserved for local citizens — by using loopholes …

    Source: iHarare News - Indeterminate
  • Published on 07:05 GMT

    China banned this treasure from coming out of the ground...?

    Amid the ongoing trade war with America, china recently banned the export of Rare Earth Elements (REE). Rare earth elements are considered very important in modern technology and are used to make smartphones, semiconductors and weapons. Many countries of …

    Source: India Herald - Indeterminate
  • Published on 05:44 GMT

    An analysis of Chinese security forces’ activities in Myanmar

    Guest contributor Antonio Graceffo  It is well established that the Chinese Communist Party (CCP) supports Burma’s military junta through both investment and arms sales.  Many observers believe that, without continued Chinese support, the junta would have …

    Source: Democratic Voice of Burma - Neutral
  • 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 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 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 00:55 GMT

    Oil prices set for biggest weekly losses

    NEW YORK: Oil prices fell 1% on Friday and were set for their biggest weekly losses since the end of March, as traders turned cautious ahead of an OPEC+ meeting to decide the group’s output policy for June. Brent crude futures were down 65 cents, or 1.1%, …

    Source: Business Recorder - Neutral
  • Published on May 3, 2025

    Vietnam protests China, PH claims on Sandy Cay

    Personnel from the Philippine Navy, Philippine Coast Guard and Philippine National Police-Maritime Group hold the Philippine flag as they visit Sandy Cay 2 at the South China Sea on Sunday, April 27, 2025.  — Photo from National Task Force West Philippine …

    Source: Inquirer - Pending
  • Published on May 3, 2025

    The Trade War Is Already Hurting Oil Demand

    Signs have emerged that the U.S.-China trade war is already hitting oil demand in the shipping and aviation sectors, and this weakness could soon move into the U.S. trucking business and reduce diesel demand. Container traffic from China to the United …

    Source: Oil Price - Neutral
  • Published on May 3, 2025

    Tax concessions for H’tota oil refinery

    59 Sri Lanka and China have reached an agreement on tax concessions for a proposed $3.7 billion oil refinery in Hambantota, marking a milestone in the long-delayed investment by Chinese energy giant Sinopec. Minister of Labour and Deputy Minister of …

    Source: Sunday Observer - Pro-Government
  • Published on May 3, 2025

    OPEC+ to extend crude oil output hike in June

    Major oil producing group OPEC Plus says it will accelerate production hikes in June, despite falling crude oil prices. Eight countries, including OPEC member Saudi Arabia and non-member Russia, met online on Saturday. They agreed to raise output by 411, …

    Source: NHK - Public Broadcaster

01 days 08:50:33

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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. …

    Distribution channels: ...
  • 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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