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Published on 04:57 GMT

Oil slips amid macroeconomic concerns despite firm demand expectations

Oil prices slipped on Thursday after a surge in the previous session on a larger-than-expected draw in U.S. gasoline stocks, as markets weighed macroeconomic concerns against firm near-term demand. Brent futures fell 5 cents to $70.9 a barrel by 0426 GMT, …

Source: Channel News Asia - Pro-Government
Published on 02:07 GMT

Oil eases on concerns about escalating tariff wars' impact on global economy

TOKYO : Oil prices eased on Thursday after surging the day before as worries about the impact of intensifying tariff wars on global economic growth and energy demand outweighed the positive sentiment from a larger-than-expected draw in U.S. gasoline stocks …

Source: Channel News Asia - Pro-Government
Published on 05:03 GMT

Would $50 oil really be good for the US?

Donald Trump’s administration has indicated a desire to see crude prices fall to $50 a barrel or lower but the benefit for US consumers risks throttling the same oil industry the president wants to expand. On the campaign trail Trump repeatedly talked …

Source: The Financial Times - Neutral
Published on Mar 12, 2025

Couple challenge winter fuel payment cut in court

Catriona Renton & James DelaneyBBC Scotland News ShareSave Florence and Peter Fanning have argued the UK and Scottish governments acted unlawfully in scrapping the winter fuel payment A couple are due to begin their legal challenge against UK and …

Source: BBC - Public Broadcaster
Published on 02:35 GMT

Low crude production, price crash may threaten 2025 budget, local refineries

Nigeria’s 2025 budget might be threatened as crude oil prices slip below the projected $75 per barrel. This, coupled with the recent drop in average daily crude oil production, is also expected to affect local refineries like Dangote and others. According …

Source: Punch - Uncategorized
Published on 06:15 GMT

Petrobras begins producing fuels with cellulosic content in Brazil

Petrobras and Riograndense Refinery (RPR) successfully completed an industrial scale co-processing test using 5% pyrolysis bio-oil (a non-food biomass raw material) combined with fossil feedstock. The refinery, located in Rio Grande, southern Brazil, has …

Source: Indian Chemical News - Label Pending
Published on 00:59 GMT

Dangote refinery loses N32bn after petrol price cut

The Dangote oil refinery will lose up to N32.5bn from 500 million litres stock of premium motor spirit following the recent price cut, The PUNCH reports. A few days before the refinery announced a price slash, the President of the Dangote Group, Alhaji …

Source: Punch - Uncategorized
Published on 03:51 GMT

The Commodities Feed: Big Drop In US Gasoline Stocks

Wednesday, March 12, 2025 10:10 PM EDT Image Source: Pixabay Energy – Kazakhstan oil production surges Oil prices strengthened yesterday with ICE Brent seeing its biggest gain since the end of February, settling 2% up on the day, taking it back above US$ …

Source: myMotherLode - Label Pending
Published on 04:41 GMT

Petrol: Marketers struggle with low margins amid price fragmentation

By Adewale Sanyaolu Petroleum marketers and importers in Nigeria’s downstream sector are grappling with shrinking profit margins as fragmented pricing disrupts the market, forcing many to sell petrol at rates barely covering costs. Caught up in the price …

Source: The Sun Nigeria - Uncategorized
Published on 05:54 GMT

Significant fuel price decreases predicted for South Africa in April

While this month’s fuel price decreases of seven cents for petrol and up to 32 cents for diesel hardly touched sides after four months of price increases, April could bring significant relief. The latest data from the Central Energy Fund (CEF), released on …

Source: IOL - Uncategorized
Published on 05:21 GMT

MPs Renew Push to Export Oil as EPRA Plans to Raise Petrol Prices Again

Lawmakers have reignited efforts to kickstart the country’s long-delayed oil export ambitions after years of stalled progress since the trail export in 2019. Members of Parliament have set a June 2025 deadline for the Energy Ministry and British firm …

Source: Kenyans.co.ke - Neutral
Published on 07:22 GMT

British drivers being charged much more for petrol and diesel than motorists in Europe

Motorists in the UK are currently paying some of the highest pump prices in Europe, latest data reveals. Diesel drivers are bearing the brunt, with the fourth highest fuel prices across the whole of the EU comprising 28 countries. On average, diesel in the …

Source: Wales Online - Left-wing
Published on Mar 12, 2025

Oil Prices Rise 2%.. Brent Crude Reaches $70.89

Wed 12 Mar 2025 | 11:40 PM Oil prices rose 2% on Wednesday, as U.S. government data showed a larger-than-expected drawdown in crude and fuel inventories, although investors continued to monitor growing concerns about a slowing U.S. economy and the impact …

Source: Sada Elbalad - Gov't Propaganda
Published on 01:17 GMT

Oil Jump As US Stock Build Diverts Trader Attention Away From Trump

But everything from tariffs to ramped up production keep sentiment bearish: File Image/Pixabay Crude traders themselves on Wednesday contributed to what has largely been Trump-led market volatility, by reacting strongly to data indicating tighter than …

Source: Ship & Bunker - Neutral
Published on 06:08 GMT

Trump tries refilling critical fuel stockpile, but Biden’s drain may do lasting damage, experts say

During his inaugural address, President Donald Trump stated that he would “fill our strategic reserves up again right to the top.” It was one of the few policy goals that Trump promised but didn’t put into any of his many executive orders he signed since …

Source: Just the News - Right-wing
Published on 00:53 GMT

Petrol may see Rs14 per litre reduction

ISLAMABAD: The prices of all petroleum products are estimated to fall by up to Rs14 per litre for the next fortnight, ending March 31, owing to fluctuation in the international market and import premiums. This relief is, however, subject to unchanged tax …

Source: Dawn - Center-left
Published on 08:21 GMT

Parliament clears Bill to amend laws on oil & gas exploration, production

New Delhi, March 13: A Bill to amend the existing laws governing the exploration and production of oil and gas, and to delink petroleum operations from mining operations to boost investment in the sector was passed by the Parliament on Wednesday. The …

Source: The Assam Tribune - Pro-Government
Published on 06:15 GMT

Tariff tensions continue to impact crude oil market

Crude oil futures traded lower on Thursday morning as the market focussed on tensions surrounding tariff wars. At 9.59 am on Thursday, May Brent oil futures were at $70.90, down by 0.07 per cent, and April crude oil futures on WTI (West Texas Intermediate) …

Source: The Hindu Business Line - Neutral
Published on 01:28 GMT

Too Risky To Trade? Shorts and Longs Are Cutting Risk in Oil

On Tuesday, U.S. President Donald Trump threatened to double his planned tariffs on Canadian steel and aluminum from 25% to 50%. Trump said his latest move comes in response to a threat by the province of Ontario to put a 25-percent surcharge on …

Source: Oil Price - Neutral

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Published on March 12, 2025 - 18:06 GMT

New Eco-Friendly Drilling Fluids Gain Traction in Oil & Gas Industry

Rapid urbanization & rising energy demand drive global exploration. Stricter regulations push sustainability, while India and China invest heavily in oil & gas. WILMINGTON, DE, UNITED STATES, March 12, 2025 /⁨EINPresswire.com⁩/ -- …

Distribution channels: Mining Industry, Technology ...
Published on March 12, 2025 - 22:13 GMT

Unpaid Oil & Gas Taxes: Worsening Crisis Calls for a Collaborative Solution

Nisku, AB, March 12, 2025 (GLOBE NEWSWIRE) -- The Rural Municipalities of Alberta (RMA) has conducted a member survey identifying that as of December 31, 2024, at least $253.9 million of municipal property taxes have gone unpaid by oil and gas companies. …

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Published on March 12, 2025 - 11:11 GMT

Multiple Element Gas Container MarketIncreasing Size, Demand, Growth Rate, and Forecast 2030 - Emergen Research

A sophisticated system for the simultaneous conveyance and storage of a variety of gases is known as a multiple-element gas container. VANCOUVER, BRITISH COLUMBIA, CANADA, March 12, 2025 /⁨EINPresswire.com⁩/ -- Emergen Research's latest market …

Distribution channels: Electronics Industry ...
Published on March 12, 2025 - 11:39 GMT

Oilfield Services Market Trends: Driving Demand in Enhanced Oil Recovery (EOR)

Oilfield Services Market projected to grow at a CAGR of 3.6% from 2023 to 2032. WILMINGTON, DE, UNITED STATES, March 12, 2025 /⁨EINPresswire.com⁩/ -- According to a new report published by Allied Market Research, the oilfield services market …

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

Published on March 12, 2025 - 21:19 GMT

Southern Energy Announces Financings to Ramp Up Liquids-Rich Gas Production Across High Quality Gulf Coast Assets, ...

THIS ANNOUNCEMENT (THE “ANNOUNCEMENT”), INCLUDING THE APPENDIX TO THIS ANNOUNCEMENT (THE “APPENDIX”), AND THE INFORMATION CONTAINED HEREIN IS RESTRICTED AND IS NOT FOR RELEASE, PUBLICATION OR DISTRIBUTION, IN WHOLE OR IN PART, DIRECTLY OR INDIRECTLY, IN OR …

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Published on March 13, 2025 - 08:33 GMT

Load Bank Market to Expand at 4.70% CAGR by 2034 | MS Resistances, Northbridge, Coudoint, Jovyatlas, Hillstone

The Load Bank Market is growing due to rising demand for power testing, backup systems and grid reliability across industries like data centers and utilities. NEW YORK, NY, UNITED STATES, March 13, 2025 /⁨EINPresswire.com⁩/ -- According to a …

Distribution channels: Energy Industry ...
Published on March 13, 2025 - 08:25 GMT

Power Boilers Market Growth Forecast- CAGR of 2.34% Expected by 2032 | Siemens, ABB, Toshiba, General Electric, Hitachi

The Power Boilers Market is driven by rising energy demand, industrial expansion and a shift toward efficient, low-emission boiler technologies. CALIFORNIA, CA, UNITED STATES, March 13, 2025 /⁨EINPresswire.com⁩/ -- According to a comprehensive …

Distribution channels: Energy Industry ...
Published on March 13, 2025 - 08:23 GMT

Cutting Tools Market Analysis CAGR 5.6%, Projected Value USD 1,17,083.1 Billion by 2032 | MAPAL, Klein Tools, Sandvik AG

Cutting Tools Market Trends, growth drivers, and innovations shaping the global industry landscape. NEW YORK, NY, UNITED STATES, March 13, 2025 /⁨EINPresswire.com⁩/ -- According to the report published by Market Research Future, the Cutting Tools …

Distribution channels: Energy Industry ...

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Published on March 13, 2025 - 08:39 GMT

Alpha Ladder Group's MVGX Leads Sustainability and Decarbonisation at World Aquatics Championships Singapore 2025

Alpha Ladder Group's MVGX named the Official Sustainability Solutions Partner of the World Aquatics Championships Singapore 2025 (WCH 2025) SINGAPORE, SINGAPORE, SINGAPORE, March 13, 2025 /⁨EINPresswire.com⁩/ -- Alpha Ladder Group’s MVGX Leads …

Distribution channels: Business & Economy, Energy Industry ...
Published on March 13, 2025 - 08:33 GMT

Load Bank Market to Expand at 4.70% CAGR by 2034 | MS Resistances, Northbridge, Coudoint, Jovyatlas, Hillstone

The Load Bank Market is growing due to rising demand for power testing, backup systems and grid reliability across industries like data centers and utilities. NEW YORK, NY, UNITED STATES, March 13, 2025 /⁨EINPresswire.com⁩/ -- According to a …

Distribution channels: Energy Industry ...
Published on March 13, 2025 - 08:30 GMT

Multi-Tasking Machine Tools Market Set for USD 12,20,286.0 Million by 2032, Registering a 3.3% CAGR | Okuma, DMG Mori

Multi-Tasking Machine Tools Market Growing demand for efficient machining solutions drives innovation and market expansion. WASHINGTON, WA, UNITED STATES, March 13, 2025 /⁨EINPresswire.com⁩/ -- Market Research Future published a report titled, The …

Distribution channels: Energy Industry ...
Published on March 13, 2025 - 08:29 GMT

Battery Technology Market Trends: The Next Revolution in Energy Storage

Battery Technology Market Worth USD 185 billion by 2032 WILMINGTON, DE, UNITED STATES, March 13, 2025 /⁨EINPresswire.com⁩/ -- According to a new report published by Allied Market Research, the battery technology market size was valued at $102.9 …

Distribution channels: Business & Economy, Energy Industry ...
Published on March 13, 2025 - 08:25 GMT

Power Boilers Market Growth Forecast- CAGR of 2.34% Expected by 2032 | Siemens, ABB, Toshiba, General Electric, Hitachi

The Power Boilers Market is driven by rising energy demand, industrial expansion and a shift toward efficient, low-emission boiler technologies. CALIFORNIA, CA, UNITED STATES, March 13, 2025 /⁨EINPresswire.com⁩/ -- According to a comprehensive …

Distribution channels: Energy Industry ...
Published on March 13, 2025 - 08:23 GMT

Cutting Tools Market Analysis CAGR 5.6%, Projected Value USD 1,17,083.1 Billion by 2032 | MAPAL, Klein Tools, Sandvik AG

Cutting Tools Market Trends, growth drivers, and innovations shaping the global industry landscape. NEW YORK, NY, UNITED STATES, March 13, 2025 /⁨EINPresswire.com⁩/ -- According to the report published by Market Research Future, the Cutting Tools …

Distribution channels: Energy Industry ...
Published on March 13, 2025 - 07:14 GMT

TopLevel Cooling & Heating to Offer 10 Free Annual Maintenance Contracts to DFW Homeowners

TopLevel Cooling & Heating in Dallas-Fort Worth to Offer 10 Free Annual Maintenance Contracts to DFW Homeowners DALLAS-FORT WORTH, TX, UNITED STATES, March 13, 2025 /⁨EINPresswire.com⁩/ -- TopLevel Cooling & Heating, a premier HVAC …

Distribution channels: Building & Construction Industry, Business & Economy ...
Published on March 13, 2025 - 06:28 GMT

Offshore Wind Market Trends, Innovations & Opportunities By 2032 | A2SEA A/S, Nexans, MHI Vestas, Siemens AG

Offshore Wind Market is estimated to be valued at USD 63.43 Bn in 2025 and is expected to reach USD 175.83 Bn in 2032 exhibiting a CAGR of 15.68% from 2025 2032 BURLINGAME, CA, UNITED STATES, March 12, 2025 /⁨EINPresswire.com⁩/ -- The latest …

Distribution channels: Energy Industry ...
Published on March 13, 2025 - 06:22 GMT

Power Rental Market is Thriving Worldwide 2025 |APR Energy, PLC, Caterpillar, Inc, Solutions & Services, LLC

Power Rental Market is estimated to be valued at USD 11.54 Bn in 2025 and is expected to reach USD 16.9 Bn in 2032, exhibiting a CAGR of 5.6% from 2025 to 2032 BURLINGAME, CA, UNITED STATES, March 12, 2025 /⁨EINPresswire.com⁩/ -- The latest …

Distribution channels: Energy Industry ...
Published on March 13, 2025 - 06:21 GMT

Agrivoltaics Market Set to Witness Significant Growth by 2025-2032 | Enel Green Power Spa, Mirai Solar, Namaste Solar

Agrivoltaics Market is estimated to be valued at USD 4.71 Bn in 2025 and is expected to reach USD 8.34 Bn by 2032, exhibiting a CAGR of 8.5% from 2025 to 2032. BURLINGAME, CA, UNITED STATES, March 12, 2025 /⁨EINPresswire.com⁩/ -- The latest market …

Distribution channels: Energy Industry ...
Published on March 13, 2025 - 05:41 GMT

Minetek Mid-West Hub now fully operational

Minetek expands its North American presence with the opening of its Mid-West Hub in Columbus, Ohio, enhancing regional support and rapid solution deployment. COLUMBUS, OH, UNITED STATES, March 13, 2025 /⁨EINPresswire.com⁩/ -- Today Minetek, a …

Distribution channels: Emergency Services, Energy Industry ...
Published on March 13, 2025 - 04:18 GMT

Renewable Energy Market Size to Reach USD 1,574.17 Billion by 2032 | Industry to Grow at 5.56% CAGR

The global renewable energy market size was estimated at USD 954 billion in 2023 and is expected to grow at a CAGR of 5.56% from 2024 to 2032 PUNE, MAHARASHTRA, INDIA, March 13, 2025 /⁨EINPresswire.com⁩/ -- The renewable energy market was valued at USD …

Distribution channels: Energy Industry ...
Published on March 12, 2025 - 19:50 GMT

Inertia Resources, Inc. Expands Energy Management Services in Houston, Appoints Rick Douglas as Regional Director

HOUSTON, TX, UNITED STATES, March 12, 2025 /⁨EINPresswire.com⁩/ -- Inertia Resources, Inc., one of the fastest-growing energy brokerage firms in the United States, is expanding its presence in Houston and Southern Texas communities, bringing …

Distribution channels: Banking, Finance & Investment Industry, Business & Economy ...
Published on March 12, 2025 - 19:44 GMT

Babeș-Bolyai University of Cluj-Napoca Has Developed the Romanian National Strategy for Quantum Technologies

CLUJ-NAPOCA, ROMANIA, March 12, 2025 /⁨EINPresswire.com⁩/ -- Based on its expertise in developing strategic plans in various fields, the Babeș-Bolyai University of Cluj-Napoca (UBB), as coordinator, together with the National Institute for Research …

Distribution channels: Education, Energy Industry ...
Published on March 12, 2025 - 19:37 GMT

Next-Gen Nuclear: Small Modular Reactors Gain Momentum in Global Energy Transition

The SMR market is set for rapid growth, offering scalable, safe, and modular nuclear energy solutions to meet global power demands. WILMINGTON, DE, UNITED STATES, March 13, 2025 /⁨EINPresswire.com⁩/ -- According to a new report published by Allied …

Distribution channels: Energy Industry, Technology ...
Published on March 12, 2025 - 19:30 GMT

Sókn Engineering Looking to Expand its Board of Directors to Drive the Future of AI-Powered Commodities Trading

WHITEFISH, MT, UNITED STATES, March 12, 2025 /⁨EINPresswire.com⁩/ -- Sókn Engineering, a trailblazing software company transforming commodities trading through advanced predictive analytics, is seeking to strengthen its Board of Directors with the …

Distribution channels: Banking, Finance & Investment Industry, Business & Economy ...
Published on March 12, 2025 - 17:46 GMT

This Week in Construction: Top Innovations & Industry Trends – March 12, 2025

Peer-to-peer digital content sharing for construction and building professionals SUNDRE, ALBERTA, CANADA, March 12, 2025 /⁨EINPresswire.com⁩/ -- Since its establishment in 2003, Construction Links Network has emerged as a premier news and …

Distribution channels: Building & Construction Industry, Business & Economy ...
Published on March 12, 2025 - 17:00 GMT

Haffner Energy announces its first contract for a biomass-based hydrogen and electricity production plant in Switzerland

H2 bois SA has signed an essential contract for the development of a biomass-based hydrogen, electricity and biochar production plant in Switzerland VITRY-LE-FRANçOIS, FRANCE, March 12, 2025 /⁨EINPresswire.com⁩/ -- - First positive impact to date …

Distribution channels: Agriculture, Farming & Forestry Industry, Energy Industry ...
Published on March 12, 2025 - 17:00 GMT

Clean Air Act 101: How Georgia’s Clean Air Force Is Making a Difference

ATLANTA, GA, UNITED STATES, March 12, 2025 /⁨EINPresswire.com⁩/ -- Younger residents of the metropolitan Atlanta area may be surprised to learn that their city, cherished for its blue skies and green spaces like the Beltline and the Chattahoochee …

Distribution channels: Automotive Industry, Energy Industry ...
Published on March 12, 2025 - 14:19 GMT

Greylag goose optimization: a game-changer for renewable energy systems

GA, UNITED STATES, March 12, 2025 /⁨EINPresswire.com⁩/ -- A recent study has unveiled a novel strategy to boost the efficiency of solar photovoltaic (PV) systems in agriculture, offering a solution to longstanding challenges. By integrating the …

Distribution channels: Energy Industry, Science ...