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Published on 14:14 GMT

Former BP boss warns oil prices will stay 'volatile' amid escalating Middle East tensions

19 June 2025, 11:29 The start of the Israel-Iran conflict caused the price of the benchmark Brent crude to rise more than 10 per cent last week, reaching its highest level since January. Picture: Getty A former BP boss has warned oil prices will be " …

Source: LBC - Center-right
Published on 14:12 GMT

Brazil Oil Auction Sparks Fresh Climate Clash Near Amazon Mouth

Nine energy giants have just scooped up 34 offshore blocks in Brazil, reopening an old argument in a new decade: can a country that promises climate leadership still bankroll its ambitions with crude drilled a day’s sail from the Amazon River delta? A …

Source: LatinAmerican Post - Indeterminate
Published on 13:42 GMT

Edible Oil Prices Under Scrutiny: Centre Conducts Nationwide Inspections to Ensure Consumers Benefit from Duty Cuts

Earlier, the Centre reduced the Basic Customs Duty (BCD) on key imported crude edible oils, sunflower, soybean, and palm, from 20% to 10% (Photo Source: Canva) In a nationwide push to make edible oils more affordable, the Central Government has launched a …

Source: Krishi Jagran - Neutral
Published on 16:34 GMT

War risks, rising oil prices push rupee down to 3-month low of 86.73

Amid the escalating Israel-Iran conflict and the rise in crude oil prices, the rupee extended its decline for the third consecutive day, shedding another 26 paise against the US dollar to close at 86.73 levels, marking its lowest close in the last three …

Source: The Indian Express - Center-left
Published on 18:08 GMT

Iran Shifts to Single Tanker Loading for Oil Exports, Relocates Storage

Iran is maintaining crude oil supply by loading tankers one at a time and repositioning floating storage closer to Asia, two vessel tracking firms told Reuters, as the country seeks to preserve a vital revenue stream while under Israeli attack. Loadings at …

Source: Oil Price - Neutral
Published on 18:21 GMT

Don’t Skip These 11 Checks When Buying a Tokunbo Car in Nigeria

Buying a Tokunbo car (a fairly used or foreign used car) is smart if you want good value without stretching your budget. But it’s also a move that requires serious attention to detail. One small mistake can cost you thousands in repairs or leave you stuck …

Source: Pulse - Neutral
Published on 18:08 GMT

Russia Eyes Joint Effort to Steady Shaky Oil Prices

Russia believes that Moscow, its OPEC+ ally Saudi Arabia, and the United States could work together to stabilize the oil market if necessary, the head of Russia’s sovereign wealth fund told Reuters on Thursday. “There was an example when (Russian) …

Source: Oil Price - Neutral
Published on 20:41 GMT

Palm oil reference prices drop to six-month low

Workers seen organizing jerrycans of cooking oil for distribution and sale. Palm oil reference price was set for a six-month low at K6,110 per viss in a week ending 22 June as weak global palm oil prices are closely tied to domestic palm oil reference …

Source: Global New Light Of Myanmar - Gov't Propaganda
Published on 17:15 GMT

Pakistan Railways raises fares after fuel price hike

LAHORE: Pakistan Railways has announced an increase in fares for both passenger and freight trains following the recent rise in petroleum product prices. According to an official notification, passenger train fares will rise by 3%, while charges for …

Source: Pakistan Today - Indeterminate
Published on 18:45 GMT

Gas prices could rise amid Middle East tension, experts warn

LAFAYETTE, La. (KATC) — After dipping to a four-year low just ahead of Memorial Day, gas prices may soon head in the opposite direction — and quickly — as tensions escalate between Israel and Iran in the Middle East. Many drivers are asking the same …

Source: KATC 3 ABC - Louisiana - Pending
Published on 10:13 GMT

Shipping insurance costs spike in the Middle East as Israel-Iran conflict rages

A large commercial ship floats off the coast in Bushehr, Iran, on January 15, 2025. Bushehr is Iran's first nuclear seaport. Amir | Afp | Getty Images Israel and Iran's escalating conflict has significantly driven up the cost of insurance for ships …

Source: CNBC - Neutral
Published on 13:03 GMT

Bulgaria Cracks Down on Price Hikes: Basic Goods Surge Ahead of Eurozone Entry

An inspection by Bulgaria’s National Revenue Agency (NRA) has found that prices for essential food items - the so-called “small consumer basket” - have risen significantly in the span of just two weeks. From June 3 to June 17, all 14 categories of basic …

Source: Novinite - Neutral
Published on 09:57 GMT

Why Israel-Iran tensions might not raise prices at the pump as much as feared

THE CONVERSATION via Reuters — The unexpected attack by Israel on Iran, a major oil-producing nation, may undermine anemic global economic growth and hinder central banks’ ability to cope in an already uncertain market. Iran exports up to 2 million barrels …

Source: The Times of Israel - Right-wing
Published on 11:55 GMT

Villafuerte to gov’t: Consider strategic oil reserve to stabilize prices

By Billy Begas National Unity Party (NUP) president and Camarines Sur Rep. LRay Villafuerte urged the Marcos administration to consider establishing a strategic petroleum reserve (SPR) that could help stabilize the supply and prices of petroleum products. …

Source: Politiko - Indeterminate
Published on 17:09 GMT

Fuel prices drop again due to competition: Petrol selling at GH₵10.75

Some Oil Marketing Companies (OMCs) have started reducing prices of petroleum products at the pumps again. This is the second time this week fuel prices have gone down at the pumps for the second pricing window of June. The reduction, JOYBUSINESS …

Source: Joy FM - Indeterminate
Published on 21:25 GMT

Oil Prices Gain As Middle East Tensions Flare Up Amid Speculations Of US Involvement

Thursday, June 19, 2025 12:15 PM EDT Image Source: Pixabay Oil prices surged to near four-and-a-half-month highs as escalating Middle East tensions and President Trump’s ambiguous statements about potential US military involvement in the Israel-Iran …

Source: myMotherLode - California - Pending
Published on 18:59 GMT

Oil could surpass $90 as Middle East tensions mount, Goldman, Barclays warn

Rising geopolitical tensions in the Middle East could drive Brent crude oil prices up by as much as $10 per barrel from current levels in the mid-$70s, according to a new estimate by Goldman Sachs. The investment bank, however, warned that in the event of …

Source: Business Day - Neutral
Published on 19:13 GMT

Oil prices have jumped. Do you need to run to the petrol station?

Chalmers has spent the week spruiking his latest plans to boost our living standards – but oil prices have clearly trickled to the front of his mind. This might have consequences for Australians at the petrol bowser, he told ABC Radio on Thursday, but …

Source: The Sydney Morning Herald - Neutral
Published on 14:10 GMT

Average fuel bills fall by £80 for oil homes in Sussex and remain the cheapest, new data finds

The 42,000 homes using oil heating in Sussex continue to enjoy a fall in energy bills as the fuel remains the cheapest heating option across the board, according to new data. The latest Sutherland Tables, which compare the average annual cost of heating a …

Source: Sussex World - Neutral

12 days 11:51:31

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Published on June 19, 2025 - 16:08 GMT

Gas Turbine Market to Reach $25.4 Billion by 2030 with Focus on Low-Carbon Solutions

Rising energy demand, tech advances, and shift to efficient gas-fired power are driving global growth in the gas turbine market. WILMINGTON, DE, UNITED STATES, June 19, 2025 /⁨EINPresswire.com⁩/ -- According to a new report published by Allied …

Distribution channels: Energy Industry, Technology ...
Published on June 19, 2025 - 08:28 GMT

Greenpeace MENA on Gulf of Oman oil spill: Swift intervention needed to prevent environmental disaster

BEIRUT, LEBANON, June 19, 2025 /⁨EINPresswire.com⁩/ -- Greenpeace Middle East and North Africa (MENA) has warned of a potential environmental disaster after two crude oil tankers collided between Iran and the United Arab Emirates on Tuesday. …

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Published on June 19, 2025 - 17:42 GMT

EU Delays Lowering Price Cap on Russian Oil

(MENAFN) The European Union has reconsidered its plan to decrease the price ceiling on Russian seaborne oil sales, European Commission President Ursula von der Leyen announced, according to a news agency. This initiative was meant to be a key element in …

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Published on June 19, 2025 - 17:37 GMT

Kremlin assures EU’s push to attack Russian oil ship-outs will have consequences

(MENAFN) The Kremlin has cautioned that the European Commission’s efforts to reduce the price cap on Russian oil exports may trigger instability in global energy markets. Kremlin spokesperson Dmitry Peskov made the remarks on Wednesday in response to …

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Published on June 19, 2025 - 01:08 GMT

Interior Releases Major Update on Oil and Gas Potential Beneath U.S. Public Lands

Date: June 18, 2025 Contact: Interior_Press@ios.doi.gov RESTON, VA. — The Department of the Interior today released a U.S. Geological Survey report on undiscovered oil and gas resources in formations under the federally managed public lands of the U.S., …

Distribution channels: Environment
Published on June 19, 2025 - 07:47 GMT

Von der Leyen states EU to dismiss new Russian oil rate cap strategy

(MENAFN) The European Union has decided to pause its proposal to reduce the price cap on Russian seaborne oil sales, European Commission President Ursula von der Leyen announced, as reported by Agence France-Presse. This measure was meant to be a key part …

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Published on June 19, 2025 - 07:51 GMT

Oil rates proceed to increase amid Israel-Iran conflict

(MENAFN) Global oil prices surged nearly 5% due to the escalating military conflict between Israel and Iran, coupled with US President Donald Trump’s call for Iran’s immediate and unconditional surrender. Brent crude rose 4.4% on Tuesday to $76.45 per …

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Published on June 19, 2025 - 18:41 GMT

Cryogenic Ethylene Market is Expected to Reach $15.03 Billion by 2035 | Fact.MR

Analysis of Cryogenic Ethylene Market Covering 30+ Countries Including Analysis of US, Canada, UK, Germany, France, Nordics, GCC countries, Japan, Korea ROCKVILLE , MD, UNITED STATES, June 20, 2025 /⁨EINPresswire.com⁩/ -- The global Cryogenic …

Distribution channels: Chemical Industry ...

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Published on June 19, 2025 - 19:24 GMT

Product Safety Consulting Adds Industry Veteran Lars Mellander to Drive Business Development

Experienced sales and account management professional joins 36-year-old safety and compliance company BENSENVILLE, IL, UNITED STATES, June 19, 2025 /⁨EINPresswire.com⁩/ -- Product Safety Consulting, a leading product safety testing and …

Distribution channels: Building & Construction Industry, Business & Economy ...
Published on June 19, 2025 - 17:30 GMT

Australia Renewable Energy Market 2025-2033: Size, Share, Key Developments

The Australia renewable energy market size reached USD 165.8 billion in 2024, is expected USD 687.9 billion by 2033, growing at a CAGR of 16.6% from 2025-2033. BROOKLYN, NY, UNITED STATES, June 19, 2025 /⁨EINPresswire.com⁩/ -- The latest report by …

Distribution channels: Banking, Finance & Investment Industry, Business & Economy ...
Published on June 19, 2025 - 16:08 GMT

Gas Turbine Market to Reach $25.4 Billion by 2030 with Focus on Low-Carbon Solutions

Rising energy demand, tech advances, and shift to efficient gas-fired power are driving global growth in the gas turbine market. WILMINGTON, DE, UNITED STATES, June 19, 2025 /⁨EINPresswire.com⁩/ -- According to a new report published by Allied …

Distribution channels: Energy Industry, Technology ...
Published on June 19, 2025 - 15:12 GMT

Consumers Prove Accurate in Predicting Gas Prices, Says Prosper Insights & Analytics

An analysis of the past 24 months confirms the high alignment between Prosper's early-month expectations and end-of-month actuals. WORTHINGTON, OH, UNITED STATES, June 19, 2025 /⁨EINPresswire.com⁩/ -- New research from Prosper Insights & …

Distribution channels: Banking, Finance & Investment Industry, Business & Economy ...
Published on June 19, 2025 - 15:11 GMT

Bio-LNG Market Set for Strong Growth, to Hit $3.4 Billion by 2032

Bio-LNG gains momentum as a clean fuel, backed by renewable policies and growing use in transport sectors, boosting its role in the global energy mix. PORTLAND, OR, UNITED STATES, June 19, 2025 /⁨EINPresswire.com⁩/ -- According to a new report …

Distribution channels: Energy Industry, Technology ...
Published on June 19, 2025 - 14:30 GMT

ScreenXchange Announces Launch of SX Agent SAM - The First Vertical AI Voice Agent for Outbound Verifications

“SX Agent SAM is not just automating outbound verifications, – it’s redefining the process,” LOS GATOS,, CA, UNITED STATES, June 19, 2025 /⁨EINPresswire.com⁩/ -- ScreenXchange, a technology-led background screening platform, today announced the global …

Distribution channels: Banking, Finance & Investment Industry, Business & Economy ...
Published on June 19, 2025 - 14:15 GMT

Electrolyzers Market Unlocks Multi-Billion Opportunity in Clean Energy Era

Electrolyzers are advancing beyond hydrogen production, with R&D boosting efficiency and global projects driving green hydrogen and energy storage adoption. WILMINGTON, DE, UNITED STATES, June 19, 2025 /⁨EINPresswire.com⁩/ -- According to a …

Distribution channels: Energy Industry, Technology ...
Published on June 19, 2025 - 13:58 GMT

Powering Progress: Industrial Solar Generator Market Poised for Global Expansion

Asia-Pacific leads the industrial solar generator market, driven by government support, rising investments, and growing renewable energy adoption. WILMINGTON, DE, UNITED STATES, June 19, 2025 /⁨EINPresswire.com⁩/ -- According to a new published …

Distribution channels: Energy Industry, Technology ...
Published on June 19, 2025 - 13:35 GMT

PV Inverter Market Set to Witness Significant Growth Fueled by Rising Solar Installations: Forecast 2025–2032 | Eaton

The PV inverter market size is valued at US$ 15.33 billion by 2025, from US$ 42.54 billion in 2032, at a CAGR of 15.7% during the forecast period. BURLINGAME, CA, UNITED STATES, June 19, 2025 /⁨EINPresswire.com⁩/ -- The latest research study …

Distribution channels: Energy Industry ...
Published on June 19, 2025 - 13:27 GMT

PVH USA Case Study Confirms Industry-Leading Tracker Resilience in U.S. Hurricane and Snow Belt Regions

Wind-tunnel-tested design, less than 2-minute storm-stow and AI-driven SCADA combine to protect solar assets in Florida and the Midwest HOUSTON, TX, UNITED STATES, June 19, 2025 /⁨EINPresswire.com⁩/ -- PV Hardware USA (PVH USA), a global provider …

Distribution channels: Business & Economy, Energy Industry ...
Published on June 19, 2025 - 13:00 GMT

Certrec Announces Strategic Agreement with Framatome for its Fatigue Rule Management System

New agreement with Framatome broadens FRMS market reach, bringing Certrec’s innovative Compliance App to nuclear utilities nationwide. FORT WORTH, TX, UNITED STATES, June 19, 2025 /⁨EINPresswire.com⁩/ -- Certrec, a leading provider of regulatory …

Distribution channels: Business & Economy, Energy Industry ...
Published on June 19, 2025 - 13:00 GMT

RiskThinking.ai Releases Global Climate Risk Rankings For The World’s Largest Corporations

Leading innovator in climate risk intelligence, RiskThinking.ai, reveals global rank of corporate climate vulnerability through intuitive, open-source reports TORONTO, ONTARIO, CANADA, June 19, 2025 /⁨EINPresswire.com⁩/ -- Today, RiskThinking.ai …

Distribution channels: Banking, Finance & Investment Industry, Energy Industry ...
Published on June 19, 2025 - 12:52 GMT

Dr. Electric LLC Expands Electrification Services with Exclusive Qmerit Certification

Veteran-Owned Colorado Springs Electrical Contractor Becomes Certified Partner for EV Charging and Energy Transition Solutions COLORADO SPRINGS , CO, UNITED STATES, June 19, 2025 /⁨EINPresswire.com⁩/ -- Dr. Electric LLC, a veteran-owned electrical …

Distribution channels: Business & Economy, Companies ...
Published on June 19, 2025 - 12:15 GMT

R2 Recycling Hosts Community Electronics Recycling Events Across the U.S.

Contact R2 Recycling Today to Create a Greener Future for Your Community FORT WASHINGTON, PA, UNITED STATES, June 19, 2025 /⁨EINPresswire.com⁩/ -- R2 Recycling, a national leader in responsible electronics recycling, is proud to continue its …

Distribution channels: Business & Economy, Electronics Industry ...
Published on June 19, 2025 - 11:00 GMT

PCLGold Leads Pipe Stress Evaluation with ASME Code Changes with Shell FEA in Latest Software Release

PCLGold now includes 2024 ASME B31.3 and B31.1 updates, reinforcing code compliance and FEA-based pipe stress analysis with shell models. HOUSTON, TX, UNITED STATES, June 19, 2025 /⁨EINPresswire.com⁩/ -- Paulin Research Group’s 2025.4.0.2787 …

Distribution channels: Chemical Industry, Companies ...
Published on June 19, 2025 - 20:23 GMT

ENR Title 06.14.2025 NEW25684

U.S. Senate Committee on Energy and Natural Resources

Distribution channels: Energy Industry
Published on June 19, 2025 - 20:23 GMT

Heinrich Blasts Energy Secretary for Budget that Guts Energy Programs and Plays Politics with Independent Reviews

VIDEO: U.S. Senator Martin Heinrich (D-N.M.), Ranking Member on the U.S. Energy and Natural Resources Committee, questions U.S. Energy Secretary Chris Wright at a hearing on June 18, 2025. WASHINGTON — During an Energy and Natural Resources committee …

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Published on June 19, 2025 - 20:23 GMT

Condor Announces Director Election Results

CALGARY, June 19, 2025 (GLOBE NEWSWIRE) -- Condor Energies Inc. (TSX: CDR), a Canadian based energy company, is pleased to announce that the following five director nominees were elected at the Annual Meeting of Shareholders held on June 19, 2025: Name of …

Distribution channels: Companies, Energy Industry ...
Published on June 19, 2025 - 08:03 GMT

Power Inverter Technology Evolves with Focus on Grid Integration and IoT

Rising EV use, portable electronics, and renewable energy adoption are driving demand and investment in the power inverter market for a low-carbon future. WILMINGTON, DE, UNITED STATES, June 19, 2025 /⁨EINPresswire.com⁩/ -- According to a new …

Distribution channels: Energy Industry, Technology ...
Published on June 19, 2025 - 07:32 GMT

Solar Energy Storage Market to Surpass $20.9 Billion by 2031, Driven by Green Energy Push

The solar energy storage market is projected to hit $20.9 billion by 2031, fueled by sustainability, lithium-ion tech, and demand from emerging economies. WILMINGTON, DE, UNITED STATES, June 19, 2025 /⁨EINPresswire.com⁩/ -- The solar energy …

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