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A service for energy industry professionals · Monday, April 28, 2025 · 807,240,775 Articles · 3+ Million Readers
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Oil Market News Monitoring

  • Published on Apr 25, 2025

    Brazil ex-president Collor de Mello jailed for corruption

    Brazil's former president Fernando Collor de Mello was arrested and taken to prison Friday to begin serving a nearly nine-year sentence for corruption and money laundering, the latest former leader to face jail time. Collor de Mello, Brazil's first …

    Source: The Derby Informer - Kansas - Neutral
  • Published on Apr 25, 2025

    What Oil Is Telling Us About the Stock Market Right Now

    Over the past three weeks, as markets of every stripe have been in turmoil, everyone is looking for an indicator. What can data points or other markets tell us about stocks? Is the worst of the drop over, or are the up days just an exaggerated dead cat …

    Source: Oil Price - Neutral
  • Published on Apr 25, 2025

    Brazil’s ex-President Collor de Mello arrested in corruption case: Police source

    Fernando Collor de Mello was Brazil's first democratically elected leader, but he didn't finish serving his term after accusations of corruption. BRASILIA (AFP) — Brazil's former President Fernando Collor de Mello was arrested Friday, a federal …

    Source: Courthouse News - Neutral
  • Published on Apr 25, 2025

    Shareholders of Romanian oil giant OMV Petrom approve record dividends for 2025

    Shareholders of Romanian oil company OMV Petrom recently approved the distribution of record dividends amounting to RON 2.8 billion (EUR 562.6 million) for the 2024 financial year, as well as the 2025 budget, which provides for investments of RON 8.1 …

    Source: Romania Insider - Neutral
  • Published on Apr 25, 2025

    These Value Stocks Are Near 52-Week Lows and Yielding Over 4%

    Many investors are tired of hearing market analysts make statements about “buying the dip.” But at the risk of sounding hyperbolic, many stocks are setting up as generational buying opportunities. There are many ways that investors might define a …

    Source: Investing - Neutral
  • Published on Apr 25, 2025

    Oil Muted as Trade Talk Buzz Fizzles

    Oil prices slipped on Friday, heading for a weekly loss of more than 2%, weighed down by oversupply concerns and ongoing uncertainty surrounding U.S.-China tariff negotiations. The oil markets have seemingly tired of trying to anticipate the next move of …

    Source: Oil Price - Neutral
  • Published on Apr 25, 2025

    Oil Major takes Katutura through oil crash course

    Following the discovery of hydrocarbons in the offshore Venus Field in 2022, TotalEnergies, in a joint venture with Namcor and QatarEnergy, is now advancing towards the development of the oil field. As part of this process, the oil company held an …

    Source: Namibian Broadcasting Corporation - Pro-Government
  • Published on Apr 25, 2025

    Expect higher pump prices next week

    MANILA, Philippines — Oil companies are expected to hike fuel prices again in the coming week due to further tightening of global crude supply. The Department of Energy has estimated a potential price increase of P0.80 to P1.40 per liter for gasoline, P0. …

    Source: Philippine STAR - Indeterminate
  • Published on Apr 25, 2025

    Dozens of buildings destroyed, 20 injured in Ecuador quake

    "It felt like an eternity, but I guess it was less than a minute." An AFP reporter in Esmeraldas witnessed tumbled-down walls, facades that had collapsed onto a road in a pile of debris and several cracked buildings. Families stood around …

    Source: eNCA - Neutral
  • Published on Apr 25, 2025

    Brazil’s Ex-President Collor De Mello Arrested In Corruption Case

      Brazil’s former president Fernando Collor de Mello was arrested Friday, a federal police source told AFP, after a top court upheld his nearly nine-year sentence on corruption and money laundering charges. Collor de Mello, Brazil’s first democratically …

    Source: Channels TV - Neutral
  • Published on Apr 25, 2025

    United Drilling Tools Ltd awarded Overseas Order worth Rs. 21.94 Mn

    United Drilling Tools Ltd. (UDTL) (BSE - 522014, NSE - UNIDT) is excited to announce that it has been awarded an order valued at approximately INR 21.94 million for supply of Large OD Casing Pipe and Leopard Connectors, by M/s Petroleum Equipment & …

    Source: Equity Bulls - Neutral
  • Published on Apr 25, 2025

    Powerful earthquake strikes Ecuador, buildings damaged

    Published on Apr. 25, 2025, 3:19 PM A magnitude 6.3 quake struck near Ecuador's coast early Friday, damaging buildings in the city of Esmeraldas. QUITO (Reuters) - A magnitude 6.3 earthquake struck near the coast of Ecuador on Friday, the European …

    Source: The Weather Network - Neutral
  • Published on Apr 25, 2025

    Palm oil gains on stronger edible oils and logs weekly gain

    Malaysian palm futures rose Friday, ending a three-week loss streak as higher rival edible oils lifted sentiment. The benchmark contract for palm oil delivery in July on the Bursa Derivatives Exchange rose 22 ringgit or 0.55% to 4,058 Ringgit ($928.60). …

    Source: World Energy News - Connecticut - Pending
  • Published on Apr 25, 2025

    Holocaust survivor, 92, urges action 'when you see something horrible' 

    Erika Taubner Gold survived the Holocaust thanks to the luck of where she was born, a bold wink from her mother and a risky leap from a truck, and the heroism of a former housekeeper. Much of her family was not so lucky. Gold — an only child — and her …

    Source: Akron Beacon Journal - Ohio - Pending
  • Published on Apr 25, 2025

    World Bank: 83% of Moroccan firms operate informally

    A recent World Bank report, Shifting Gears: The Private Sector as an Engine of Growth in the Middle East and North Africa, highlights the overwhelming informality of Morocco’s economy, with approximately 83% of businesses operating outside the formal legal …

    Source: Hespress - Neutral
  • Published on Apr 25, 2025

    West Coast, Messed Coast™ — And YOU Get a House! A Race-Based Free Down Payment Grift Becomes Law

    Every week, it seems there’s a contest between the states on the West Coast, Messed Coast™ to out-woke each other, and this week is no different.  Washington leads the way again this week, with Democrats doing everything in their power to kill business and …

    Source: PJ Media - Virginia - Right-wing
  • Published on Apr 25, 2025

    Total and Shell back out of carbon storage project in the Netherlands

    By Alban Kacher AMSTERDAM (25 April) - After TotalEnergies & Shell retracted part of their planned investment, the Dutch government announced on Friday that it would invest 639 million euro ($726 millions) in the construction of the largest carbon …

    Source: World Energy News - Connecticut - Pending
  • Published on Apr 25, 2025

    Trump's MAGA Wants To Kill US Public Broadcasting Because It Symbolizes a Better World

    The Trump Administration has announced its intention to withdraw over $1 billion in funding for the Corporation for Public Broadcasting (CPB), the organization that supports public broadcasting in the United States in the form of the Public Broadcasting …

    Source: Common Dreams - Left-wing
  • Published on Apr 25, 2025

    Buildings damaged in Ecuador by earthquake of magnitude 6.3

    The European Mediterranean Seismological Centre reported that a magnitude 6.3 earthquake hit near the coast in Ecuador on Friday. It damaged buildings in Esmeraldas, and some oil infrastructure was temporarily shut down. EMSC reported that the quake …

    Source: World Energy News - Connecticut - Pending
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