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Published on 00:44 GMT

Looking forward to lower oil prices

For more than five years now, Saudi Arabia — the world’s largest oil exporter and the Organisation of the Petroleum Exporting Countries Plus (Opec+) kingpin — has been striving to balance the global oil demand and supply by controlling output. Riyadh has …

Source: Dawn - Center-left
Published on 00:17 GMT

StanChart Cuts 2025 Oil Price Forecast By $16/bbl Amid Trump’s Tariffs

Previously, we reported that commodity analysts at Standard Chartered were bullish on oil prices in the current year, thanks to strong oil fundamentals, including declining U.S. supply growth and OPEC+ supply discipline. StanChart reported that non-OPEC+ …

Source: Oil Price - Neutral
Published on May 4, 2025

Trump to Meet Gulf Leaders in Riyadh to Boost Political and Economic Ties

Watan-U.S. President Donald Trump will meet with the six leaders of the Gulf Cooperation Council (GCC) in Riyadh during his scheduled visit to the region from May 13 to 16, according to a Saudi government source speaking to AFP on Sunday. The source, who …

Source: Watan - Indeterminate
Published on May 4, 2025

Canelo Alvarez Unifies Super Middleweight Titles With Unanimous Win In Riyadh

Last Updated:May 04, 2025, 11:16 IST The Cuban super middleweight entered the unification title fight with a 23-0 record as a heavy underdog. Saul Canelo Alvarez celebrates his title-unifying win (AFP)Mexican boxing superstar Saul “Canelo" Alvarez …

Source: News18 - Center-right
Published on May 4, 2025

World : Eight OPEC+ States To Raise Oil Output In June

RIYADH, May 4 (Bernama-SPA) -- The eight OPEC+ countries, which previously announced additional voluntary adjustments in April and November 2023 met virtually on Saturday to review global market conditions and outlook, Saudi Press Agency (SPA) reported. …

Source: Bernama - Pro-Government
Published on May 3, 2025

OPEC+ to Increase Oil Output in June Despite Global Price Slump

A group of eight OPEC+ countries, including Saudi Arabia and Russia, have announced a significant rise in oil production for June, defying the current slump in crude prices and raising concerns of further market instability. According to a statement …

Source: News Central TV - Indeterminate
Published on May 3, 2025

OPEC+ announces accelerated oil output hike of 411,000 bpd in June

Saudi Gazette report RIYADH — The OPEC+ countries have agreed on Saturday to an oil output hike for a second month in a row in June with 411,000 barrels per day. Last month, the eight OPEC+ countries made a larger-than-planned production increase for May, …

Source: Saudi Gazette - Indeterminate
Published on May 3, 2025

Crimea Summer Holiday, Spring Offensive Update, Russian Oil and Bread Queues

This big Ukraine news this week outside Ukraine seems to all have been inside the Beltway. First, there was this “minerals/rare earth deal” between the US and Ukraine that got signed after several failed attempts. The other not-in-Ukraine-about-Ukraine …

Source: Kyiv Post - Indeterminate
Published on May 3, 2025

OPEC+ Agreed To Increase Oil Production In June

What will happen to the Kremlin's revenues now? Saudi Arabia, as one of the most important players in the OPEC+ oil cartel, has lobbied for an increase in oil production among the association's countries for next month by the same 411,000 barrels …

Source: Charter 97 - Center-left
Published on May 3, 2025

OPEC+ agrees another accelerated oil output hike for June, sources say

London/Dubai: Eight OPEC+ countries meeting on Saturday have agreed to a further accelerated oil output hike for June of 411,000 barrels per day, two sources told Reuters while an online meeting of the countries was under way. Last month, the eight …

Source: ETEnergyworld.com - Indeterminate
Published on May 3, 2025

OPEC+ set to make another accelerated oil output hike for June, sources say

LONDON/DUBAI: Eight OPEC+ countries meeting on Saturday will likely agree a further accelerated oil output hike for June, four sources with knowledge of the matter told Reuters, the latest step in a plan to unwind the group’s most recent layer of …

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

Why Saudi Arabia can spend more money than it makes, even as oil prices drop

Oil prices have sunk and foreign investors are not buying into Saudi Arabia’s grandiose megaprojects, but the kingdom doesn’t appear to be sweating it. In fact, Saudi Arabia is telling oil industry insiders that it can live with low energy prices, …

Source: Middle East Eye - Indeterminate
Published on May 2, 2025

Oil Markets Enter May on the Back Foot

Crude oil futures tumbled over the past week, falling more than 6% as concerns over weakening global demand and a resurgent supply outlook weighed on sentiment. Friday, May 02, 2025 China, preparing for a week-long lull in trading activity, has …

Source: Oil Price - Neutral
Published on May 2, 2025

OPEC Moves Up Meeting To Discuss Oil Production Quotas

By Julianne Geiger of OilPrice.com The OPEC+ members currently participating in voluntary production cuts will meet this Saturday, May 3, instead of Monday, May 5, according to Kpler’s Amena Bakr on X. The call is set for noon Vienna time, with the agenda …

Source: Zero Hedge - Right-wing
Published on May 2, 2025

Lower Oil Prices Lead to Growth Slowdown Across the Middle East

By Editorial Dept - May 02, 2025, 9:30 AM CDT Numbers Report – May 02, 2025 In the latest edition of the Numbers Report, we will take a look at some of the most interesting figures put out this week in the energy and metals sectors. Each week we’ll dig …

Source: Oil Price - Neutral
Published on May 2, 2025

Saudi Arabia releases updated GDP data highlighting expanded non-oil sector contribution

RIYADH — Minister of Economy and Planning and Chairman of the General Authority for Statistics (GASTAT), Faisal Al-Ibrahim, announced that the newly released update to Saudi Arabia’s Gross Domestic Product (GDP) marks a major strategic milestone in the …

Source: Zawya - Indeterminate
Published on May 1, 2025

Bloomberg: An Oil Storm Is Brewing, And Russia Is At The Center Of The Impact

8 Saudi Arabia crashed oil below $60. Brent crude oil has broken through the psychological mark of $60 per barrel. For Russia, whose economy rests on a hydrocarbon needle, this is not just bad news - it is a harbinger of disaster. Prices continue to fall, …

Source: Charter 97 - Center-left
Published on May 1, 2025

OPEC’s Oil Production Fell Last Month Despite Plans to Increase

Nonetheless, the United Arab Emirates — which had even secured a special carve-out to make extra increases — instead curtailed output by 80,000 barrels a day to an average of 3.25 million a day, according to the survey. Riyadh added just 20,000 barrels a …

Source: Financial Post - Center-right
Published on May 2, 2025

UAE's Non-Oil Sector Fuels Economic Surge Amid Global Slowdown

(MENAFN- The Arabian Post) Arabian Post Staff -Dubai The International Monetary Fund projects Abu Dhabi's economy to expand by 4.2% in 2025, accelerating to 5.8% in 2026, while Dubai's growth is forecasted at 3.3% in 2025, increasing to 3.5% in …

Source: MENAFN - Indeterminate

07 days 22:41:53

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Published on May 5, 2025 - 04:09 GMT

Europe Palm Oil Market Poised for Sustainable Growth Amid Regulatory Shifts and Diversifying Applications

Europe Palm Oil Market Research Report: By Type and By Application - Forecast to 2035 EUROPE , EUROPE , UNITED KINGDOM, May 4, 2025 /⁨EINPresswire.com⁩/ -- The Europe Palm Oil Market was valued at approximately USD 17.04 billion in 2023 and is …

Distribution channels: Food & Beverage Industry ...
Published on May 5, 2025 - 04:09 GMT

Well Completion Market to Reach USD 50.0 Billion By 2032 | Schlumberger, Halliburton, ExxonMobil, Chevron

The demand for energy is still raising and therefore investment prospects in the oil and gas sector exploration and production remain bright. NEW YORK, NY, UNITED STATES, May 4, 2025 /⁨EINPresswire.com⁩/ -- As per MRFR analysis, the Well …

Distribution channels: Energy Industry ...

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 5, 2025 - 04:09 GMT

Deep Fryer Market to Reach 18.2 USD Billion by 2032 with 3.73% CAGR Driven by Rising Demand for Convenience Foods

Deep Fryer Market Research Report By Type, Fuel Type, Capacity, Features, Regional NEW YORK , NY, UNITED STATES, May 4, 2025 /⁨EINPresswire.com⁩/ -- Deep Fryer Industry is experiencing a significant transformation driven by innovation, evolving …

Distribution channels: Food & Beverage Industry ...

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 5, 2025 - 00:28 GMT

The Leader’s Floor Lookout: Week of May 5, 2025

Keeping the CCP Out of U.S. Institutions of Higher Education For years, the Chinese Communist Party (CCP) has worked to spread propaganda and conduct sophisticated espionage around the world, particularly targeting the United States and seeking to …

Distribution channels: U.S. Politics
Published on May 4, 2025 - 22:36 GMT

Independent Non-Executive Director Appointed

PERTH, Australia, May 04, 2025 (GLOBE NEWSWIRE) -- Paladin Energy Ltd (ASX:PDN, TSX:PDN, OTCQX:PALAF) (Paladin or the Company) is pleased to announce the appointment of Anne Templeman-Jones as independent non-executive director of the Company. Ms Templeman …

Distribution channels: Companies, Mining Industry ...
Published on May 4, 2025 - 15:02 GMT

Russia anticipates huge surge in budget deficit

(MENAFN) Russia’s Finance Ministry has announced that the country’s budget deficit for 2025 is expected to be more than three times its original estimate, due to falling global oil prices and heightened international trade tensions. Finance Minister Anton …

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Energy Industry Press Releases

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Published on May 5, 2025 - 04:09 GMT

Offshore Substation Market to Reach USD USD 9,916.8 million by 2032 | General Electric, Siemens Energy, Petrofac Limited

An offshore substation is a facility that is used to transmit electricity from onshore power sources to offshore generation sites. NEW YORK, NY, UNITED STATES, May 4, 2025 /⁨EINPresswire.com⁩/ -- Offshore Substation Market Size was valued at USD 5 …

Distribution channels: Energy Industry ...
Published on May 5, 2025 - 04:09 GMT

Well Completion Market to Reach USD 50.0 Billion By 2032 | Schlumberger, Halliburton, ExxonMobil, Chevron

The demand for energy is still raising and therefore investment prospects in the oil and gas sector exploration and production remain bright. NEW YORK, NY, UNITED STATES, May 4, 2025 /⁨EINPresswire.com⁩/ -- As per MRFR analysis, the Well …

Distribution channels: Energy Industry ...
Published on May 5, 2025 - 00:00 GMT

2025年5月、東京で開催 – アジア最大級のバイオマス・バイオカーボン・トリファイドバイオマスサミットに300名以上が参集予定

TOKYO, JAPAN, May 5, 2025 /⁨EINPresswire.com⁩/ -- アジアのバイオマス・バイオエネルギー市場が急速に進化する中、CMT（Centre for Management Technology）は、第15回 Biomass Pellet Trade Asia & Biocarbon & Torrefied Biomass Summit を、2025年5月20日～22日に東京マリオットホテルで開催します。本サミットは、第2回 …

Distribution channels: Business & Economy, Conferences & Trade Fairs ...
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 ...