Oil Prices News Monitoring

Eight OPEC+ producers accelerate crude oil output hikes, pushing oil prices 6% lower

A view shows the logo of Organization of the Petroleum Exporting Countries (OPEC) during the United Nations climate change conference COP29, in Baku, Azerbaijan November 13, 2024.  Maxim Shemetov | Reuters Eight key OPEC+ producers on Thuesday agreed to …

How deepwater producers remain resilient amid fluctuating oil prices

This article is an on-site version of our Energy Source newsletter. Premium subscribers can sign up here to get the newsletter delivered every Tuesday and Thursday. Standard subscribers can upgrade to Premium here, or explore all FT newsletters Welcome to …

OPEC+ Deepens Oil Price Slump by Accelerating Supply Hike

[Stay on top of transportation news: Get TTNews in your inbox.] OPEC+ agreed to make a larger than expected oil supply hike in May, deepening the slump in oil prices triggered by President Donald Trump’s tariffs. The group led by Saudi Arabia and Russia …

Oil prices fall significantly after the announcement of US tariffs

Oil prices fell as much as 3% on Thursday after U.S. President Donald Trump announced new widespread tariffs. Investors fear the move could fuel a global trade war that could slow economic growth and reduce fuel demand. Brent crude futures fell $1,60, or 2 …

Oil Price Jitters Drag Brazil’s Energy and Mining Giants Down

Petrobras and other oil stocks nosedived on Brazil’s B3 exchange on April 3, 2025, post-Carnival, as commodity prices tanked. Petrobras ordinary shares slid 3.04% to R$39.58, and preferred shares dropped 2.96% to R$36.10 by 10:40 a.m. Brasília time. Brava …

Oil price plunges over 5% on Trump tariffs

TDT | Manama Email: mail@newsofbahrain.com Oil prices tumbled Thursday, with the main US crude contract WTI shedding 5.2 percent, as investors eyed weaker demand following President Donald Trump's sweeping tariffs. West Texas Intermediate slumped to $ …

Trump tariffs fallout! Crude oil prices hit 5 month low, plunge up to 8% to slip below $70 bbl mark

Crude oil benchmarks Brent and WTI slipped below $70 per bbl mark on Friday hitting their five month lows after Trump tariff scare dampened sentiments in the commodity markets, causing widespread sell-off. Brent crude futures were trading at $69.98 per …

Oil Prices Dive on Trump Tariffs and OPEC Surprise

Oil plunged the most since July 2022 after suffering a twin hit from President Donald Trump’s tariffs and an OPEC+ decision to increase output faster than previously announced. West Texas Intermediate futures plummeted 6.6% to settle below $67 a barrel, …

Crude Oil Prices Drop as Reciprocal Tariffs Take Effect

Oil prices slumped this morning after the Trump administration unveiled its latest reciprocal tariffs. Unsurprisingly, the move pushed gold prices to fresh record highs Energy - Tariffs Weigh on Oil Oil prices are under pressure this morning, following …

Palm oil prices fall as Trump tariffs cause profit booking

Malaysian palm futures fell on Thursday, ending a four session rally. Profit-taking was a factor in the decline, following President Donald Trump’s tariffs against trade partners. At the close, the benchmark palm oil contract on the Bursa Derivatives …

Oil prices are crashing after tariffs and OPEC deliver a double whammy to energy markets

2025-04-03T16:49:01Z US oil prices tanked more than 7.5% on Thursday. Trump's tariffs are battering energy markets as recession fears climb. A surprise decision by OPEC+ to boost oil output accelerated the decline. The market meltdown is reaching …

Oil Prices Crash 7% on Trump Tariffs, OPEC Ramp-Up

The price of WTI crude oil dropped more than 7% on Thursday as President Donald Trump’s Liberation Day tariffs blitzed markets and OPEC+ threw an unexpected production curveball. At 10:38 a.m. in New York, Brent crude was trading at $70.21—a 6.32% slide— …

Oil prices drop 6% as OPEC+ moves to increase output

Oil prices fell sharply on Thursday after OPEC+ announced plans to accelerate production increases starting in May. The decision added to losses triggered by U.S. President Donald Trump’s new tariff policy, which raised concerns about global economic …

Global Oil Prices Drop Following Announcement of New Tariffs

Oil prices dropped by $2 on Thursday after U.S. President Donald Trump announced new tariffs. According to Bloomberg News, Brent crude futures fell by $1.97, reaching $72.98 per barrel, while West Texas Intermediate (WTI) crude futures dropped by $1.98, …

GCC investors fret over US tariffs, oil price plunge

Losers outnumbered gainers 34 to 10 on Dubai’s benchmark, which was down as 1.8 per cent, mainly due to Emaar Properties' steep 8.9 per cent drop, while Abu Dhabi’s index slipped 0.8 per cent, signaling a regional downturn.

DAILY OIL PRICE: April 3, 2025

Your Next iPhone Could Cost $2,300—But Oil Prices Might Stay Stuck

President Trump’s sweeping new tariffs are sending shockwaves through global markets, sparking concerns across industries—from tech to energy. Announced Wednesday, the new tariff package imposes a minimum 10% duty on all U.S. imports and much higher rates …

World Bank: Brent oil prices decreased by 9% this year

In January-March of this year, the average price of one barrel of Brent benchmark oil in global markets was $75.6, which is 9% lower than the corresponding period last year ($83.1), APA-Economics reports citing the World Bank’s monthly commodity price …

Oil prices slump as Opec+ announces surprise output increase

IN-FLIGHT DATA AND SPRINGBANK AIR TRAINING COLLEGE LAUNCH CANADA’S FIRST LEVEL 1 COMPLEX DRONE TRAINING PROGRAM

Two Weeks to Certified, Flight-Ready Graduates CALGARY, ALBERTA, CANADA, April 3, 2025 /⁨EINPresswire.com⁩/ -- In a historic move for the future of aviation training in Canada, IN-FLIGHT Data, one of the country’s oldest and most accomplished RPAS …

Campos Foundation Fuels STEM Dreams at Urban Promise Academy with New SmartLab

Campos Foundation donates $178K to bring hands-on STEM SmartLab to Urban Promise Academy, empowering Oakland students through tech and innovation OAKLAND, CA, UNITED STATES, April 3, 2025 /⁨EINPresswire.com⁩/ -- Momentum is building in Oakland’s …

This Week in Construction: Top Innovations & Industry Trends – April 3, 2025

Peer-to-peer digital content sharing for construction and building professionals SUNDRE, ALBERTA, CANADA, April 3, 2025 /⁨EINPresswire.com⁩/ -- Since its establishment in 2003, Construction Links Network has emerged as a premier news and …

Grady Campbell Launches TOP 50 Investment Banks in the Middle Market Awards Program

CHICAGO, IL, UNITED STATES, April 3, 2025 /⁨EINPresswire.com⁩/ -- Building on the success of its TOP 50 PE Firms in the Middle Market™ awards program, Grady Campbell, a leading creative agency focused on the middle market, has launched The TOP 50 …

Replace PTFE Tape with Oxygen-Safe Formula-8

Formula-8 is an oxygen-safe thread sealant engineered to eliminate the frustrations of tape and provide a long-lasting seal in the most demanding applications. LEWISTON, MN, UNITED STATES, April 3, 2025 /⁨EINPresswire.com⁩/ -- Fluoramics, a leader in …

HIF Global and Mabanaft sign e-Methanol offtake HOA

Global sustainable fuels demand expected to exceed 250 mtpa by 2035 HOUSTON, TX, UNITED STATES, April 3, 2025 /⁨EINPresswire.com⁩/ -- HIF Global, the leader in highly innovative fuels, and Mabanaft, global energy solutions provider, signed a Heads …

Inc. Names Oliva Gibbs LLP to its 2025 List of the Fastest-Growing Private Companies in the Southwest

Oliva Gibbs moved up 87 spots to rank No. 43 on Inc.’s list of the fastest-growing private companies in the Southwest, standing out among legal & energy firms. HOUSTON, TX, UNITED STATES, April 3, 2025 /⁨EINPresswire.com⁩/ -- Inc., the leading media …

The Chill Brothers Honored with Prestigious Circle of Excellence Award

Lennox Industries Awards The Chill Brothers in recognition of Outstanding Service and Innovation in the HVAC Industry HOUSTON, TX, UNITED STATES, April 3, 2025 /⁨EINPresswire.com⁩/ -- The Chill Brothers, a leading provider of residential and …

WorkingNation and WPVI-TV Present Breaking Barriers: Justice and Work, the latest in the Emmy Award winning series

PHILADELPHIA, PA, UNITED STATES, April 3, 2025 /⁨EINPresswire.com⁩/ -- Breaking Barriers: Justice and Work, airing Saturday, April 5, 2025, at 7 PM ET, exposes the obstacles preventing Americans who have been justice-impacted from finding meaningful …

The New VisionGauge® 600 Series System Checks Turned and Rotationally Symmetrical Parts

The New 600 Series VisionGauge® Digital Optical Comparators are designed to check turned and rotationally symmetrical parts with high accuracy. POINTE-CLAIRE, QC, CANADA, April 3, 2025 /⁨EINPresswire.com⁩/ -- We are pleased to announce the release …

Encora Achieves Premier Tier Status in the Amazon Web Services Partner Network

The Premier tier status recognizes Encora's proven expertise and excellence in driving cloud transformation on the AWS platform. SANTA CLARA, CA, UNITED STATES, April 3, 2025 /⁨EINPresswire.com⁩/ -- Encora Achieves Premier Tier Status in the …

Business Reporter: Going it alone can increase the likelihood of not seeing digital transformation through

How working with a strategic partner can smooth the way LONDON, UNITED KINGDOM, April 3, 2025 /⁨EINPresswire.com⁩/ -- In an article published on Business Reporter, Darren Smith, Head of Transformation at Liberata, discusses how strategic partners …

Louisiana Mesothelioma Victims Center Recommends the Gori Law Firm to a Former Home Remodeler-Construction Worker with ...

NEW ORLEANS , LA, UNITED STATES, April 3, 2025 /⁨EINPresswire.com⁩/ -- The Louisiana Mesothelioma Victims Center says, "If your loved one is a former home remodeler or construction worker and they have just been diagnosed with mesothelioma or …

New UP! Detect monitoring solution provides early warnings for reciprocating compressors

UP! Detect, offers vibration monitoring and cloud-based analysis to provide early warning of failures, enabling maintenance teams to plan ahead. WINTERTHUR, SWITZERLAND, April 3, 2025 /⁨EINPresswire.com⁩/ -- As a pioneering original equipment …

Burckhardt Compression wins order for Digital Monitoring Solutions in major Petrochemical facility in Saudi Arabia

The order underlines the company's strategy in expanding its digital offerings and will be supported by the opening of a new Service facility in the country. WINTERTHUR, SWITZERLAND, April 3, 2025 /⁨EINPresswire.com⁩/ -- Burckhardt Compression …

Pasadena HVAC Company Debunks Maintenance Myths That May Cost Homeowners

Local HVAC Company Clears Up Misconceptions That Could Cost Homeowners PASADENA, CA, UNITED STATES, April 2, 2025 /⁨EINPresswire.com⁩/ -- Misconceptions about HVAC maintenance can lead to higher energy bills, unnecessary repairs, and shorter …

E2SOL Solar-Powered Utility Median Barriers on Dubai Highways

DUBAI'S SOLAR POWER HIGHWAY MICROGRID POTENTIAL PROVIDENCE, RI, UNITED STATES, April 3, 2025 /⁨EINPresswire.com⁩/ -- E2SOL Solar-Powered Utility Median Barriers on Dubai Highways Rendering of an E2SOL Integrated Highway Median PV Microgrid …

Local Action, National Impact: Canadian Ocean Literacy Coalition Announces 2025 Grant Recipients

HALIFAX, Nova Scotia, April 03, 2025 (GLOBE NEWSWIRE) -- Ocean Week Canada is making waves again! The Canadian Ocean Literacy Coalition is proud to announce the 2025 recipients of their national microgrant program. A total of $71,377 has been awarded to 31 …

Action locale, impact national : La Coalition canadienne de la connaissance de l’océan annonce les récipiendaires de la ...

HALIFAX, Nouvelle-Écosse, 03 avr. 2025 (GLOBE NEWSWIRE) -- La Semaine de l’océan Canada fait encore des vagues ! La Coalition canadienne de la connaissance de l’océan est fière d’annoncer les récipiendaires 2025 de leur programme national de micro- …

H2 Clipper Transforms Aviation and Aerospace Manufacturing with Patented Swarm Robotics Innovation

SANTA BARBARA, Calif., April 03, 2025 (GLOBE NEWSWIRE) -- H2 Clipper, Inc. (“H2C”), a leader in sustainable hydrogen-based infrastructure and transportation, has been granted U.S. Patent No. 12,234,035 for the company’s innovative approach to using …