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A service for energy industry professionals · Monday, May 26, 2025 · 816,055,885 Articles · 3+ Million Readers
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South Central U.S. Energy Industry News  •••  Topics

South Central U.S. Crude Oil News Monitoring

  • Published on May 25, 2025

    East Texas gas prices fall ahead of Memorial Day

    Posted/updated on: May 25, 2025 at 5:40 am TYLER – Our news partner KETK is reporting that the average gas price in Texas has fallen by five cents since last week and is down 39 cents when compared to this time last year. “Lower gas prices will be …

    Source: KTBB - Texas - Pending
  • Published on May 25, 2025

    CoT: Peek Into Future Through Futures Positions Of Noncommercials

    Following futures positions of non-commercials are as of May 20, 2025. 10-year note: Currently net short 851.4k, down 38.9k. FOMC minutes for the May 6-7 meeting are due out next Wednesday. As expected, the fed funds rate was left steady at a range of 425 …

    Source: myMotherLode - Pending
  • Published on May 23, 2025

    Kuwait crude oil down $2.35 to $64.05 pb - KPC

    KUWAIT, May 23 (KUNA) -- The Kuwaiti crude oil fell USD 2.35 during Thursday's trading to hit USD 64.05 per barrel (pb), compared with USD 66.40 pb the day before, Kuwait Petroleum Corporation (KPC) said Friday. Brent futures dropped 47 cents to US 64. …

    Source: Zawya - Indeterminate
  • Published on 01:59 GMT

    Indian stock market: 10 key things that changed for market over weekend - May 26

    Indian stock market: The domestic equity benchmark indices, Sensex and Nifty 50, are expected to open higher on Monday, following positive cues from global markets. Asian markets traded higher, while the US stock futures rose after President Donald Trump …

    Source: Mint - Neutral
  • Published on 00:48 GMT

    Oil climbs after Trump extends EU trade talks deadline to July

    By Florence Tan SINGAPORE (Reuters) - Oil prices gained in early Asian trade on Monday after U.S. President Donald Trump extended a deadline for trade talks with the European Union, easing concerns about U.S. tariffs on the bloc that could hurt the global …

    Source: Yahoo Finance - Center-left
  • Published on May 25, 2025

    Japan Shares May Head South Again On Monday

    The Japanese stock market on Friday snapped the two-day slide in which it had dropped almost 550 points or 1.5 percent. The Nikkei 225 now sits just above the 37,160-point plateau although it may hand back those gains on Monday. The global forecast for the …

    Source: RTTNews - Neutral
  • Published on May 25, 2025

    Gasoline prices to rise for second week in a row

    Gasoline prices are to increase by NT$0.2 per liter this week, rising for the second consecutive week despite a decrease in international crude oil prices, CPC Corp, Taiwan (CPC, 台灣中油) and Formosa Petrochemical Corp (台塑石化) said in separate statements …

    Source: Taipei Times - Neutral
  • Published on 00:24 GMT

    Oil Edges Higher as Trump Extends Tariff Deadline on EU Goods

    (Bloomberg) -- Oil rose for a second session after President Donald Trump said he would extend the deadline for the European Union to face so-called reciprocal tariffs, raising some optimism for easing trade tensions. Most Read from Bloomberg Brent climbed …

    Source: Yahoo Finance - Center-left
  • Published on May 23, 2025

    Crude oil futures fall on reports OPEC+ may increase supply in July

    Crude oil futures traded lower on Friday morning after a media report said that the OPEC+ (Organisation of the Petroleum Exporting Countries and allies) is considering an increase in production in July. At 9.57 am on Friday, July Brent oil futures were at …

    Source: The Hindu Business Line - Neutral
  • Published on May 25, 2025

    Gold To Top Bitcoin And Silver On Way To $4K Per Oz, Says Goldman Sachs

    Standard gold bars for international trade weigh 400 ounces, worth about $1.3 million. AFP via Getty Images Goldman Sachs sees gold as a far better hedge against a collapsing dollar than bitcoin. Over the past few decades, when U.S. interest rates rose, …

    Source: Forbes - Neutral
  • Published on May 23, 2025

    Crude Oil Prices Decline Amid Unexpected US Invent

    An unexpected increase in U.S. crude oil stocks contributed to pushing down oil prices in early morning trade on Thursday. For the week ending May 16, “U.S. commercial crude oil inventories (excluding those in the Strategic Petroleum Reserve) increased by …

    Source: NTD - Right-wing
  • Published on May 22, 2025

    US crude oil demand surges as traders prepare for OPEC+ pricing war

    The Tank Tiger storage broker reported that the demand for crude oil in the United States has risen in recent weeks, to a level similar to the COVID-19 epidemic. This is as traders prepare to receive a surge in supply from the Organization of the Petroleum …

    Source: World Energy News - Connecticut - Pending
  • Published on May 22, 2025

    US crude oil storage demand surges as traders brace for OPEC+ price war

    By Shariq Khan NEW YORK (Reuters) - U.S. crude oil storage demand has surged in recent weeks to levels similar to the COVID-19 pandemic, according to data from storage broker The Tank Tiger, as traders brace for a flood of increased supply in coming months …

    Source: Yahoo Finance - Center-left
  • Published on May 22, 2025

    Crude oil futures edge higher despite US inventory build

    Crude oil futures traded marginally higher on Thursday morning despite official data showing an increase in inventory levels in the US. At 9.57 am on Thursday, July Brent oil futures were at $64.94, up by 0.05 per cent, and July crude oil futures on WTI ( …

    Source: The Hindu Business Line - Neutral
  • Published on May 25, 2025

    Notes From The Midstream Industry Conference

    Image Source: Pexels My partner Henry Hoffman attended the 22nd Annual Energy Infrastructure CEO & Investor Conference in Aventura, FL last week. Below are Henry’s notes from presentations and meetings. The mood at this year’s conference was upbeat, …

    Source: myMotherLode - Pending
  • Published on May 25, 2025

    Trump’s Gulf visit sends message to China: “Back off. The Middle East is ours”

    President Donald Trump ’s first major overseas visit this month was to the Gulf despots, not his erstwhile allies Europe or Japan. It was aimed at countering China’s growing economic influence in the Middle East and reasserting the US as the dominant …

    Source: World Socialist Web Site - Left-wing
  • Published on 02:25 GMT

    Aussie shares shaky after Trump's latest tariff threat

    By midday AEST, the S&P/ASX200 was almost flat, up 0.7 points, or 0.01 per cent, to 8,361.6, while the broader All Ordinaries rose 2.7 points, or 0.03 per cent, to 8,589.6. US markets fell on Friday after the US president threatened a 50 per cent …

    Source: Shepparton News - Neutral
  • Published on May 24, 2025

    Memorial Day weekend gas prices are down in Texas this year. Where are the cheapest prices in the Lone Star State?

    Some Texas travelers will enjoy lower Memorial Day gas prices than last year, but which areas are actually above the state average per gallon? SAN ANTONIO — Plenty of travelers are set to be on the move this Memorial Day weekend.  Whether you're on …

    Source: KVUE - Texas - Pending
  • Published on May 22, 2025

    Brent Crude Up 5% as Saudi Sees Improved Demand

    Brent crude oil futures surged 5 percent on Wednesday, after Saudi Arabia's oil minister said oil demand was growing and data showed Chinese factories were producing more than expected.   Falling refined products inventories reported by the government …

    Source: World Energy News - Connecticut - Pending
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