Global oil supply is set to rise by 1.2 million barrels per day (bpd) this year, lower by 260,000 bpd than the growth expected last month, the International Energy Agency (IEA) said on Tuesday, citing lower-than-forecast production from the United States …
Brent crude has slipped below $65 per barrel. WTI is trading barely above $60. Neither Trump nor China are backing down from the trade war that started the rout. OPEC+ has not yet updated its production plans, which contributed to the rout. Yet it is …
Average gasoline prices in Modesto have fallen 8.1 cents per gallon in the last week, averaging $4.69/gallon as of April 14, according to GasBuddy’s survey of 201 stations in Modesto. Prices in Modesto are 19.5 cents per gallon higher than a month ago …
•Says firms in EPZs targeting United States market to be worst hit •Farouk Ahmed: Blame Trump’s inconsistent tariff policies for reduction in crude oil prices •Reveals Nigeria recorded 67% drop in petrol imports Deji Elumoye in Abuja and Dike Onwuamaeze …
The CEO of the Nigerian Midstream and Downstream Petroleum Regulatory Authority, Farouk Ahmed, says the ongoing instability in global oil markets is negatively impacting Nigeria’s economy. He said while falling petroleum product prices may benefit …
United States President, Donald Trump was in the eye of the storm on Tuesday as the Chief Executive Officer of the Nigerian Midstream and Downstream Petroleum Regulatory Authority (NMDPRA), Farouk Ahmed, blamed the recent slump in global crude oil prices …
Global oil prices edged higher on Monday as geopolitical tensions intensified with ongoing U.S.–Iran nuclear negotiations and fresh concerns over crude supply from OPEC producers. Brent crude, the international benchmark, climbed 0.57% to $64.92 per barrel …
From Juliana Taiwo-Obalonye, Abuja The Nigerian Midstream and Downstream Petroleum Regulatory Authority (NMDPRA) reported a 67% drop in Premium Motor Spirit (PMS) imports, from 44.6 million litres daily in August 2024 to 14.7 million litres by mid-April …
Pakistan is actively considering the idea of importing U.S. crude oil for the first time to seek a reduction of its trade surplus with America and avoid one of the highest tariffs – currently paused – on its goods sold in the United States. Crude oil is …
LONDON: Global oil demand will grow much more slowly than expected this year and U.S. production increases will also taper off, due to U.S. President Donald Trump’s tariffs on trading partners and their retaliatory moves, the International Energy Agency …
Oil prices rise more than 1% in afternoon trade despite OPEC cutting its oil-demand forecast for this year, citing the impact of U.S. tariffs. Brent and WTI are up 1.4% to $65.67 and $62.38 a barrel, respectively, supported by President Trump's …
The Organisation of the Petroleum Exporting Countries (OPEC) has slightly reduced its global oil demand growth forecast for 2025, attributing the revision to economic uncertainty caused by U.S. trade tariffs and a sluggish global economic outlook. In its …
Nicholas Bell DTN Refined Fuels Market Reporter TACOMA, Wash. (DTN) -- Oil futures settled lower on Tuesday after both the International Energy Agency and OPEC cut global oil demand growth forecasts, citing weakening macroeconomic conditions and rising …
Pump jacks are seen in oilfields along Highway 33, known as the Petroleum Highway, west of Buttonwillow, Kern County, California, on April 9, 2025. Frederic J. Brown | Afp | Getty Images U.S. crude oil prices held steady Monday after OPEC cuts its demand …
Photograph: Shutterstock Both retail gasoline price and margin have jumped big time, but the bloom may soon be off that rose. Likewise, U.S. refiners have been delivered a felicitous improvement in the gasoline market, which may continue to bring smiles …
OPEC's oil market report for April released Monday lowered global demand growth expectations for this and next year by 150,000 bpd each to 1.3 million bpd and 1.28 million bpd, respectively. The front-month contracts of NYMEX-traded WTI and ICE Brent …
VIENNA, April 14 (Xinhua) -- The Organization of the Petroleum Exporting Countries (OPEC) has revised down its forecast for global oil demand growth in 2025 to 1.3 million barrels per day, citing the expected impact of recently announced U.S. tariffs. The …
About the author: Ben Cahill is director for energy markets and policy at the Center for Energy and Environmental Systems Analysis, University of Texas at Austin. The U.S. oil industry isn’t pleased. After years of perceived hostility from the Biden …
TORONTO, April 15, 2025 (GLOBE NEWSWIRE) -- Volatus Aerospace Inc. (TSXV: FLT) (OTCQX: TAKOF) (Frankfurt: A3DP5Y/ABBA.F) is pleased to announce that last week it was approved by two leading North American oil and gas companies to provide drone-based …
Titomic announces strategic partnership with Metal Powder Works to integrate its DirectPowder™ technology in Titomic's cold spray systems. Titomic (ASX:TTT) HUNTSVILLE, AL, UNITED STATES, April 16, 2025 /EINPresswire.com/ -- Titomic Limited ( …
Jason Cameron recognised for redefining workforce compliance through innovation and intelligent rostering. BRISBANE, AUSTRALIA, April 16, 2025 /EINPresswire.com/ -- Cru Software is proud to announce that its CEO, Jason Cameron, has been honoured …
The American Energy Fund founder will dive into investment strategies on April 16 to help folks in solar think bigger LAS VEGAS, NV, UNITED STATES, April 15, 2025 /EINPresswire.com/ -- Mikey Lucas, a prominent energy investor and founder of …
Surplus Network Launches Specialized Services for the Energy & Utilities Sector to Unlock Value from Surplus Assets SACRAMENTO, CA, UNITED STATES, April 16, 2025 /EINPresswire.com/ -- Surplus Network, a leading platform for surplus asset …
The North Carolina Oil and Gas Commission Rules Committee will meet online via Microsoft Teams at 10:30 a.m. on Wednesday, April 16, 2025. An in-person listening station will also be available in the Fifth Floor Conference Room at the Archdale Building, …
(MENAFN) Oil prices saw a modest increase on Tuesday, buoyed by several global developments including new US tariff exemptions, coordinated reductions in oil production, and diplomatic discussions between Washington and Tehran. Brent crude, the …
HOUSTON, April 14, 2025 (GLOBE NEWSWIRE) -- Evolution Petroleum Corporation (NYSE American: EPM) ("Evolution" or the "Company") today announced the closing of its previously announced acquisition of non-operated oil and natural gas …
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Undoped Silicon Wafers for university researchers BOSTON, MA, UNITED STATES, April 16, 2025 /EINPresswire.com/ -- UniversityWafer, Inc., a leading global supplier of advanced semiconductor substrates, is proud to announce the expansion of its …
Skill N Depth and Unique Group complete first real-time data transfer from Diver Control Center to digital logbook, setting a new industry benchmark. SCHINDELLEGI, SWITZERLAND, April 16, 2025 /EINPresswire.com/ -- Skill N Depth and Unique Group Achieve …
Solidion Technology Inc (NASDAQ:STI) DALLAS, TX, UNITED STATES, April 16, 2025 /EINPresswire.com/ -- Solidion Technology Inc. (“Solidion” or the “Company”) (Nasdaq:STI), an advanced battery technology solutions provider, today announced it has …
AUSTIN, TX, UNITED STATES, April 16, 2025 /EINPresswire.com/ -- Inertia Resources, Inc., one of the fastest-growing energy brokerage firms in the United States, is expanding its presence in Austin and Central Texas, bringing comprehensive energy …
PEM electrolyzers will lead the market, followed by alkaline electrolyzers, while SOEC and AEM electrolyzers will witness rapid growth. STERLING, VA, UNITED STATES, April 16, 2025 /EINPresswire.com/ -- As the need for green hydrogen mounts, the …
Loss of CVE program would cripple vulnerability coordination across critical infrastructure, raising the risk of cyberattacks with life-threatening consequences COLUMBUS, OH, UNITED STATES, April 16, 2025 /EINPresswire.com/ -- Matt Santill, …
Process Insights unveils the ATOM INSTRUMENT™ Trace-1000S/N™, a next-gen analyzer for precise trace sulfur and nitrogen measurement. HOUSTON, TX, UNITED STATES, April 16, 2025 /EINPresswire.com/ -- Process Insights is excited to announce the …
BlueGrace Energy Bolivia, Fittipaldi IP Holdings and PH Plus, Unite to Drive Innovation and Eco-Performance in the 2025 EuroCup-3 Series LONDON, GREATER LONDON, UNITED KINGDOM, April 16, 2025 /EINPresswire.com/ -- In a historic agreement, two- …
B2i Digital will highlight U.S.-focused mining companies ahead of the May 6th virtual event to its community of over 1.2 million sophisticated investors NEW YORK, NY, UNITED STATES, April 16, 2025 /EINPresswire.com/ -- B2i Digital, Inc. has been …
Surplus Network Launches Specialized Services for the Energy & Utilities Sector to Unlock Value from Surplus Assets SACRAMENTO, CA, UNITED STATES, April 16, 2025 /EINPresswire.com/ -- Surplus Network, a leading platform for surplus asset …
The American Energy Fund founder will dive into investment strategies on April 16 to help folks in solar think bigger LAS VEGAS, NV, UNITED STATES, April 15, 2025 /EINPresswire.com/ -- Mikey Lucas, a prominent energy investor and founder of …
RST Solutions expands capacity in Indonesia’s mining sector, delivering enhanced customised solutions for fine particle management. AUSTRALIA, April 16, 2025 /EINPresswire.com/ -- Australia’s leading fine particle specialist RST Solutions has …
HONG KONG, HONG KONG, April 16, 2025 /EINPresswire.com/ -- BRK Technology is proud to emphasize the growing advantages of algae-based biofuels over battery power in industrial applications. As the demand for sustainable energy solutions continues …
Signal Embedded Power Line from Switching Battery Inc Offers Cyber-Secure Demand-Side Response Without Internet, IoT, or Software SINGAPORE, April 16, 2025 /EINPresswire.com/ -- As Singapore prepares for upcoming national elections, one local …
PV Hardware (PVH) has taken another step forward in its commitment to environmental sustainability and corporate social responsibility (CSR) DUBAI, UNITED ARAB EMIRATES, April 16, 2025 /EINPresswire.com/ -- PV Hardware (PVH), a global leader in …
Jason Cameron recognised for redefining workforce compliance through innovation and intelligent rostering. BRISBANE, AUSTRALIA, April 16, 2025 /EINPresswire.com/ -- Cru Software is proud to announce that its CEO, Jason Cameron, has been honoured …
Award recognizes innovative solution to accelerate clean energy grid interconnection RICHMOND, VA, UNITED STATES, April 15, 2025 /EINPresswire.com/ -- Simple Thread, a software consultancy working at the intersection of software, power systems, …
Revolutionizing Data Center Management with Real-Time 3D Visualization for Enhanced Asset Control and Decision-Making WASHINGTON, DC, UNITED STATES, April 15, 2025 /EINPresswire.com/ -- At the Data Center World event, Modius Inc. is thrilled to …
SELECCIÓN Consulting to showcase AI-driven ServiceNow solutions & intelligent workflows at Knowledge 2025, May 6-8 at Booth #3511, The Venetian, Las Vegas. EAST BRUNSWICK,, NJ, UNITED STATES, April 15, 2025 /EINPresswire.com/ -- Meet Us at …
HOUSTON, TX, UNITED STATES, April 15, 2025 /EINPresswire.com/ -- Fresh off helping catalyze a $6 billion U.S. dollars sustainable fuels agreement in South America, the Society for Low Carbon Technologies (SFLCT) has partnered with Lone Star …
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