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A service for energy industry professionals · Friday, May 2, 2025 · 808,784,767 Articles · 3+ Million Readers
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Central & Eastern Europe Crude Oil News Monitoring

  • Published on Apr 30, 2025

    Finance Ministry Forecasts Economic Growth, Accelerating Inflation in 2025

    Bulgaria's economic growth will reach 3% in 2025, and the average annual inflation will rise to 3.6%, according to the Ministry of Finance's spring macroeconomic forecast released on Wednesday. Expectations for gross domestic product (GDP) growth …

    Source: Bulgarian News Agency - Neutral
  • Published on Apr 30, 2025

    The Economist: Trump Kicked Putin In The Teeth

    3 Russian economic growth has fallen to zero. Mr Trump may be well disposed towards Mr Putin, but with his trade war he has kicked him in the teeth, The Economist reports. Russia's economy is slowing sharply A high-frequency index produced by Goldman …

    Source: Charter 97 - Center-left
  • Published on Apr 30, 2025

    Oil Prices Dip Due to Trade Tensions, Supply Concerns

    (MENAFN) Oil prices continued their downward trajectory on Wednesday, pressured by fears of weak demand due to the ongoing trade war between the U.S. and China, and growing worries about an oversupply in the market. Brent crude, the international benchmark …

    Source: MENAFN - Indeterminate
  • Published on Apr 30, 2025

    CNBC Daily Open: Shock, but not much awe in Trump's first 100 days

    U.S. President Donald Trump speaks during a rally to mark his 100th day in office, at Macomb Community College in Warren, Michigan, U.S., April 29, 2025. Evelyn Hockstein | Reuters The term "shock and awe" is used to describe a military strategy …

    Source: CNBC - Neutral
  • Published on Apr 30, 2025

    Petroleum rakes in $1.36bn last year - 2nd highest since production 2010

    The government last year received the second highest yearly petroleum revenue since oil production in the country began in 2010.  Data from the 2024 Annual Report of the Public Interest and Accountability Committee (PIAC) showed that petroleum receipts for …

    Source: Graphic - Neutral
  • Published on Apr 30, 2025

    International Petroleum Corporation Announces Results of Normal Course Issuer Bid and Updated Share Capital

    TORONTO, April 30, 2025 (GLOBE NEWSWIRE) -- International Petroleum Corporation (IPC or the Corporation) (TSX, Nasdaq Stockholm: IPCO) is pleased to announce that IPC repurchased a total of 230,435 IPC common shares (ISIN: CA46016U1084) during the period …

    Distribution channels: ...
  • Published on Apr 30, 2025

    Term deal for Russian oil off the table for now; US crude purchases to depend on commercial viability, says Indian Oil ...

    The prevailing geopolitical and geoeconomic uncertainties have evidently shelved a potential term deal for Russian oil that was being pursued by India’s public sector refiners. Government-owned oil refiner Indian Oil Corporation (IOC), which is also India’ …

    Source: The Indian Express - Center-left
  • Published on Apr 30, 2025

    Futures Drop Ahead Of Macro Data, Earnings Deluge

    US equity futures slipped ahead of key GDP and PCE data. As of 8:00am, S&P 500 futures are down 0.3% while Nasdaq 100 contracts lose 0.5%, with Mag 7 names mostly lower (NVDA -1.4%, TSLA -1.1% and META -0.6%) as weak earnings weighed on risk sentiment …

    Source: Zero Hedge - Right-wing
  • Published on Apr 30, 2025

    Has Trump delivered on his promises after 100 days of his second term?

    One of the mantras within President Donald Trump's administration since he took office in January has been "promises made, promises kept" even as many of his campaign pledges remain unfulfilled. In the first 100 days of Trump's second …

    Source: The Economic Times - Pending
  • Published on Apr 29, 2025

    Oil Slumps as Consumer Confidence Sinks

    Oil dropped as the global trade war hurt the outlook for demand, with data indicating signs of strain in the US economy. West Texas Intermediate slipped 2.6% to settle around $60 a barrel, the lowest close in more than two weeks. The widely referenced US …

    Source: Rigzone - Neutral
  • Published on Apr 30, 2025

    Where Will Occidental Petroleum Stock Be in 1 Year?

    The upstream energy giant faces some unpredictable challenges. Occidental Petroleum (OXY -2.90%), commonly known as Oxy, gets a lot of attention because it's one of Warren Buffett's favorite energy stocks. Buffett's Berkshire Hathaway (BRK.A -1 …

    Source: The Motley Fool USA - Neutral
  • Published on Apr 30, 2025

    World Bank: Global commodity prices to drop to six-year low by 2026  

    Global commodity prices are on track to fall to their lowest levels of the 2020s, according to the World Bank’s latest Commodity Markets Outlook. The twin forces of slowing economic growth and abundant oil supply are set to drive prices down by 12% in 2025 …

    Source: Nairametrics - Neutral
  • Published on Apr 30, 2025

    Factbox-Trump and his campaign promises: Mapping his first 100 days

    By James Oliphant WASHINGTON (Reuters) -One of the mantras within President Donald Trump’s administration since he took office in January has been "promises made, promises kept" even as many of his campaign pledges remain unfulfilled. In the …

    Source: The Gazette - Colorado - Neutral
  • Published on Apr 30, 2025

    Environment secretary defends green policies after Sir Tony Blair's intervention

    The environment secretary has defended the government's net zero agenda after Sir Tony Blair said phasing out fossil fuels was "doomed to fail". The former prime minister said the approach to transitioning to a green economy wasn't " …

    Source: Sky News - Neutral
  • Published on Apr 30, 2025

    Commodity prices may drop to six-year low next year, W’Bank warns

    •Oil demand, inflation trigger fuel price volatility The World Bank’s latest Commodity Markets Outlook predicts that the faltering economic growth, coupled with the ample oil supply, will lead to a drop in global commodity prices to their lowest level in …

    Source: The Guardian (Nigeria) - Indeterminate
  • Published on Apr 29, 2025

    Explainer: Why cheap oil relieves some, worries other countries

    When US President Donald Trump was inaugurated to his second term as president on Jan 20, oil prices were close to the highs of the summer before. By early April, they had fallen to a four-year low, and ticked up only slightly later in the month.  The …

    Source: The Straits Times - Pro-Government
  • Published on Apr 30, 2025

    Major 'rate cut' prediction for every Aussie with a mortgage: What you need to know

    Australians are set to get some generous mortgage relief with underlying inflation now back within the Reserve Bank's target for the first time in more than three years. Headline inflation, also known as the consumer price index, remained steady at 2.4 …

    Source: Daily Mail - Right-wing
  • Published on Apr 30, 2025

    ‘Govt can’t afford oil refinery’

    Namibia should not rush to build an oil refinery before finding commercially viable oil, analysts say. This comes after president Netumbo Nandi-Ndaitwah recently announced plans to build the country’s first oil refinery. Some analysts, however, say such a …

    Source: The Namibian - Neutral
  • Published on Apr 30, 2025

    Big Oil’s Profit Decline Signals a Broader Industry Shift

    Post-pandemic demand and the Ukraine invasion delivered windfall profits for oil and gas supermajors—but the rebound was short-lived. Falling prices, rising volatility, and accelerating clean energy investment have exposed structural weaknesses. To stay …

    Source: Oil Price - Neutral

03 days 19:14:42

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