Oil Prices News Monitoring

Business : MIDF Research: Oil Prices Under Pressure As Supply Outpaces Demand

KUALA LUMPUR, June 6 (Bernama) -- Crude oil prices are expected to remain under pressure and could fall below US$65 per barrel (pb) due to persistent oversupply and weaker demand projections, according to MIDF Amanah Investment Bank Bhd (MIDF Research). …

MIDF Research: Oil prices under pressure as supply outpaces demand

KUALA LUMPUR, June 6 — Crude oil prices are expected to remain under pressure and could fall below US$65 per barrel (pb) due to persistent oversupply and weaker demand projections, according to MIDF Amanah Investment Bank Bhd (MIDF Research). However, MIDF …

Oil Prices Steady, On Track for Weekly Gains

Karim Bastati DTN Analyst VIENNA (DTN) -- Oil futures steadied Friday morning after rebounding Thursday on signs of resuming Sino-American trade talks. Thursday's phone call between U.S. President Donald Trump and his Chinese counterpart Xi Jinping was …

Oil prices slide amid US-China trade talks

Oil prices dipped on Friday, as the United States and China resumed trade talks. Brent crude futures were down 0.31% to US$65.14, as of 3:25 pm AEST. West Texas Intermediate crude fell 0.33% to $63.16. Despite the daily drop, oil prices are set to rise …

Oil prices headed for rebound this week as US-China trade talks resume

SINGAPORE (Reuters) -Oil prices slipped on Friday but were on track for their first weekly gain in three weeks after U.S. President Donald Trump and Chinese leader Xi Jinping resumed trade talks, raising hopes for growth and stronger demand in the world’s …

Labour will surely tap into growth available in the North Sea

Is Labour about to do a reverse-ferret on North Sea oil and gas? After U-turns on winter fuel payments, tax and benefits, can a change in energy policy be far behind? The signs are unmistakable. Industry sources are sounding a lot more positive about the …

How can an entity as important as the EAC be run in such a way?

Sir, There have been a number of reports from time to time over many years about the high cost of electricity in Cyprus. For example: On January 31, 2025 the energy minister, George Papanastasiou was reported as saying that there will be “No major drop in …

BNY CEO Robin Vince on Embracing AI and Navigating Uncertainty

BNY has a storied history. Co-founded by Alexander Hamilton in 1784 to help New York City recover after the Revolutionary War, it is often referred to as America’s oldest bank. But today, Robin Vince, who became CEO in 2022, insists, “A bank isn't what …

Banks cut oil price forecast to below $60 but market fundamentals seen rebounding

SlavkoSereda/iStock via Getty ImagesMore than two dozen banks have cut their 2025 forecasts for oil prices in the wake of OPEC's move to accelerate production hikes later this summer, according to a new survey by corporate law firm Haynes Boone. …

Oil price slide threatens bumper shareholder payout

A sharp drop in oil prices to around $60 per barrel has cast a shadow over the record-breaking shareholder payouts from Western energy supermajors, according to a recent report from Rystad Energy. The independent energy research firm warns that unless …

Oil prices up in second week of June

Oil prices are expected to rise next week due to geopolitical tensions and environmental events, said Rodela Romero, Oil Industry Management Bureau Assistant Director of the Department of Energy (DOE) on Friday, June 6.

Oil prices stabilize after US-China trade talks spark optimism

Oil was steady after advancing Thursday on optimism around easing trade tensions between the US and China following a call between the leaders of the two countries. Brent traded around $65 a barrel and was on track for its first weekly gain since mid-May, …

Rise in US Refined Fuel Inventories Weaken Oil Prices

By Adedapo Adesanya Renaissance Africa Energy Company Limited says it has ramped up crude oil production to over 200,000 barrels per day, following its recent acquisition of Shell Petroleum Development Company’s (SPDC) onshore assets in Nigeria. Recall …

Crude oil prices help gas prices stay low this week

WICHITA FALLS, Texas (KAUZ) - Crude oil prices have remained low at $60s per barrel, helping to keep pump prices lower even as summer travel demand increases, according to AAA Texas. In AAA Texas’ recent gas report, the statewide gas price average in Texas …

Oil prices rise more than 1% after China-US leaders’ phone call

Oil prices rose more than 1% on Thursday, recovering from a drop the previous day. Brent crude futures increased 85 cents, or 1.3%, to $65.71 a barrel by 1351 GMT. U.S. West Texas Intermediate crude climbed 97 cents, or about 1.5%, to $63.82 a barrel. The …

Saudi Arabia lowers July oil prices for Asia after OPEC+ supply boost

Saudi Arabia, the world's biggest oil exporter, on Wednesday lowered its July prices for Asian buyers after OPEC+ hiked output for a fourth month although the price cut was smaller than expected. Saudi Arabia's state firm Aramco cut the official …

Oil Price Drop and Sanctions Puts the Squeeze on Iran and Russia

  After several years of relative stability in the global oil market, notwithstanding the war in Ukraine and attacks on shipping in the Red Sea, recent weeks have seen some shifting in the market. Brent crude was selling at $82 per barrel on January 15, …

AAA reports drop in crude oil prices, stemming from prices at the pump decreasing

LITTLE ROCK (KATV) — In Arkansas, the gas price average is $2.76 for a gallon of regular unleaded fuel, according to the AAA Arkansas Weekend Gas Watch. Compared to this day last week, that price is four cents less per gallon. Today's statewide average …

DAILY OIL PRICE: June 5, 2025

Ascendo AI Launches AI-Powered Knowledge Agent to Transform Customer Support with Scalable, Intelligent Automation

-New AI Agent unifies data silos, bridges knowledge gaps, and drives measurable CSAT improvements for global B2B enterprises. SAN FRANCISCO, CA, UNITED STATES, June 6, 2025 /⁨EINPresswire.com⁩/ -- Ascendo AI, a leader in AI-driven customer support …

Finn Celebrates New All-Electric HydroSeeder®, the World’s First

Launched in February, Finn’s T30E Continues to Impress Industry as Interest Mounts FAIRFIELD, OH, UNITED STATES, June 6, 2025 /⁨EINPresswire.com⁩/ -- On the heels of its soft launch back in February of this year, Finn is thrilled to announce the …

TransGard Introduces Vehicle Swing Gate for Animal Deterrent Fence System

New gate allows more rapid access to substations without compromising fence integrity YORK, PA, UNITED STATES, June 6, 2025 /⁨EINPresswire.com⁩/ -- TransGard LLC, a leading provider of animal-deterrent equipment to electrical substations, today …

International Solar Alliance to Host Sixth Regional Committee Meeting for Europe & Others Region in Brussels

The event will focus on Elevating the European Region’s Role in the Global Solar Transition BRUSSELS, DELHI, BELGIUM, June 6, 2025 /⁨EINPresswire.com⁩/ -- The International Solar Alliance (ISA) will convene the Sixth Regional Committee Meeting ( …

DFI Piling to Exhibit at EPC Show 2025 in Houston, TX

HOUSTON, TX, UNITED STATES, June 6, 2025 /⁨EINPresswire.com⁩/ -- DFI Piling is thrilled to announce that they will be exhibiting at the highly anticipated EPC Show 2025, taking place on June 11 and 12 at the George R. Brown Convention Center in …

Heinrich Slams DOGE Attacks on USGS Scientists and Budget Cuts in Letter to Interior Department Secretary

Heinrich Slams DOGE Attacks on USGS Scientists and Budget Cuts in Letter to Interior Department Secretary Heinrich to Burgum: “The proposed budget cuts are not about “efficiency”— they represent a retreat from federal responsibility and a dismantling of …

Sustainable Fuel Market Size To Reach USD 531 Billion 2032, CAGR will increase by 9.1% from 2025 to 2032

Sustainable Fuel market size was Valued at USD 193.8 Billion in 2025. The overall Sustainable Fuel Industry CAGR will increase by 9.1% from 2025 to 2032 MIAMI, FL, UNITED STATES, June 6, 2025 /⁨EINPresswire.com⁩/ -- Greenhouse Gas Reduction …

Austin Alliance Group Delivers DiSC Workplace Training for Global Apple Teams

New cohort joins long-running collaboration to strengthen communication and emotional intelligence. AUSTIN, TX, UNITED STATES, June 6, 2025 /⁨EINPresswire.com⁩/ -- Austin Alliance Group (AAG) recently facilitated a two-part virtual DiSC Workplace …

Safety Starts with People: Modigent’s Culture, Training, and Leadership Deliver Best-in-Class Results

Recordable incident rate well below industry average, new ergonomics training, & national safety committee reinforce Modigent’s culture of daily accountability PHOENIX, AZ, UNITED STATES, June 6, 2025 /⁨EINPresswire.com⁩/ -- Modigent, a …

Companies Receive Investment Through the Radicle Corn Value Chain Challenge

SAN DIEGO, CA, UNITED STATES, June 6, 2025 /⁨EINPresswire.com⁩/ -- Radicle Growth and the supporting corn growers’ associations are thrilled to announce investments in two companies identified through the Radicle Corn Value Chain Challenge, …

Bron & Claude Executive Director Bronson Burke to Speak at EPC Show 2025

HOUSTON, TX, UNITED STATES, June 6, 2025 /⁨EINPresswire.com⁩/ -- Bron & Claude proudly announces that Executive Director Bronson Burke will take the stage as an official speaker at the Energy Projects Conference & Expo ( EPC Show 2025 ). The event, …

AR/VR Chip Market Analysis: Key Trends, Share, Growth Drivers, And Forecast 2025-2034

The Business Research Company’s AR/VR Chip Global Market Report 2025 – Market Size, Trends, And Forecast 2025-2034 LONDON, GREATER LONDON, UNITED KINGDOM, June 6, 2025 /⁨EINPresswire.com⁩/ -- The AR/VR chip market size, which has grown …

Agricultural Microbial Market Forecast 2025-2034: Comprehensive Insights On Market Size, Growth Factors, Trends

The Business Research Company’s Agricultural Microbial Global Market Report 2025 – Market Size, Trends, And Forecast 2025-2034 LONDON, GREATER LONDON, UNITED KINGDOM, June 6, 2025 /⁨EINPresswire.com⁩/ -- The agricultural microbial global market …

RIINO Develops Electric Rail Haulage System to Support Mining’s Shift to Decarbonization

SUDBURY, CANADA, June 6, 2025 /⁨EINPresswire.com⁩/ -- As global demand for critical minerals grows, mining operators face pressure to decarbonize without compromising performance. Lowering emissions while maintaining productivity is no longer …

Automating the Grid: Distribution Automation Market to Grow at 14.8% CAGR Through 2035

Smart grids, real-time monitoring demand, and rising grid modernization investments are fueling global growth in the distribution automation market. INDORE, INDIA, June 6, 2025 /⁨EINPresswire.com⁩/ -- Distribution automation market was valued at $ …

Exciting Announcement: ASEAN Smart Energy & Energy Storage Expo-ASEE 2026

GUANGZHOU, GUANGDONG, CHINA, June 6, 2025 /⁨EINPresswire.com⁩/ -- Guided by the Ministry of Energy of Thailand & Electricity Generating Authority of Thailand-EAGT & Thailand Convention and Exhibition Bureau-TCEB, We are thrilled to announce …

Ferrellgas Partners, L.P. Reports Third Quarter Fiscal Year 2025 Results

LIBERTY, Mo., June 06, 2025 (GLOBE NEWSWIRE) -- Ferrellgas Partners, L.P. (OTC: FGPR) (“Ferrellgas” or the “Company”) today reported financial results for its 2025 third fiscal quarter ended April 30, 2025. Tamria Zertuche, President and Chief Executive …

Black Gold Expands Market Presence with Triple Listings

VANCOUVER, B.C., June 06, 2025 (GLOBE NEWSWIRE) -- Black Gold Exploration Corp. (the “Company” or “BGX”) (CSE: BGX) (OTCQB: BGXCF) (FRA: BLGX) announces that its common shares are now trading under the symbol “BGXCF” on the OTCQB board of OTC Markets, a US …

The Chill Brothers Expand to North Carolina with New Office Opening

Houston-Based HVAC Company Launches New Operations in Raleigh-Durham, NC RALEIGH- DURHAM, NC, UNITED STATES, June 5, 2025 /⁨EINPresswire.com⁩/ -- The Chill Brothers, one of Texas’s fastest-growing HVAC companies, is proud to announce the opening …

Vanguard Celebrates 53 Years as a Family-Owned Business, Honors Employees on Employee Appreciation Day

As a trusted leader in commercial and industrial roofing, proudly celebrates its 53rd anniversary as a family-owned business on our Employee Appreciation Day WORCESTER, MA, UNITED STATES, June 5, 2025 /⁨EINPresswire.com⁩/ -- Vanguard, a trusted …