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A service for energy industry professionals · Wednesday, May 7, 2025 · 810,244,184 Articles · 3+ Million Readers
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United States Crude Oil News Monitoring

  • Published on May 5, 2025

    US stock futures slip after winning streak with Fed in focus

    US stock futures fell on Monday, signaling a potential cooldown after the S&P 500 (^GSPC) wrapped up its longest winning streak in over 20 years. Futures attached to the S&P 500 (ES=F) slid roughly 0.7%, while Dow Jones Industrial Average futures ( …

    Source: Yahoo Finance - Pending
  • Published on May 5, 2025

    Hungary’s realpolitik on Russia

    The new Trump administration poses a trilemma for Hungary’s illiberal political model. How will Prime Minister Viktor Orban manage relations with global powers? Feb. 17, 2015: Russian President Vladimir Putin and Hungarian Prime Minister Viktor Orban shake …

    Source: Geopolitical Intelligence Services - Neutral
  • Published on May 5, 2025

    Fitch Solutions retains projection

    Fitch Solutions has reaffirmed its projection that Ghana’s economy will expand by 4.2% in 2025. This estimate slightly exceeds the International Monetary Fund’s forecast of 4% and the World Bank’s projection of 3.9%. The UK-based research firm attributes …

    Source: Business Ghana - Pending
  • Published on May 4, 2025

    Why OPEC+ is increasing oil supplies despite falling prices

    LONDON — Oil prices are falling. Economists are cutting forecasts for global economic growth. Oil giants are reporting lower profits. But Saturday, eight countries that belong to the oil cartel known as OPEC+ said they would add about 411,000 barrels of …

    Source: Oman Observer - Gov't Propaganda
  • Published on May 5, 2025

    Russia's economy: bruised by sanctions, fuelled by war

    The Kremlin is gearing up to display its military power at this week’s Victory Day parade, a ceremony now mirroring the state of Russia’s economy: fully driven by the war in Ukraine. Western sanctions were meant to cripple Moscow’s war machine. But did …

    Source: RTE Ireland - Public Broadcaster
  • Published on May 5, 2025

    Slight relief at the pumps: Petrol prices decrease this Wednesday

    Motorists will be breathing a sigh of relief in May when the petrol price comes down on Wednesday. At the coast, a litre of 95 petrol, which costs R20.79 a litre, will cost R20.57 as of Wednesday. Photo: Unsplash MOTORING NEWS - Motorists will breathe a …

    Source: George Herald - Pending
  • Published on May 5, 2025

    Oil prices roll back in early May

    Motorists welcome some relief as petroleum prices dropped in the first few days of May, reversing last week's increases. Effective Tuesday, May 6, gasoline prices will go down by ₱0.55 per liter, diesel by ₱0.65 per liter, and kerosene by ₱0.90 per …

    Source: Manila Bulletin - Pro-Government
  • Published on May 5, 2025

    South Korean refiners see slim chance of Iranian crude trade resumption under Trump

    South Korean refiners and petrochemical producers have nearly ruled out the resumption of Iranian crude trade this year, though industry participants believe that Seoul’s new leadership after the June election could enhance overall flexibility in feedstock …

    Source: Hellenic Shipping News - Neutral
  • Published on May 5, 2025

    Asia-Pacific markets make mixed start to new week

    Asia-Pacific equity markets opened mixed on Monday with Australia down and Japan and South Korea up. As of 11:45 am AEST (1:25 am GMT), Australia’s S&P/ASX 200 was 0.6% lower, but Japan’s Nikkei 225 and South Korea’s Kospi 200 were 1.1% and 0.1% …

    Source: Azzet - Pending
  • Published on May 5, 2025

    Oil prices drop as OPEC+ announces plans to boost output

    During the weekend, the OPEC+ group of eight nations announced it will raised its output by 411,000 barrels per day as of June 1, stepping up production increases. The group said strong fundamentals were behind the decision, though analysts also speculated …

    Source: News.Az - Pro-Government
  • Published on May 5, 2025

    Stock Market Live Updates 5 May 2025: Nifty, Sensex expected to open flat amid mixed results

    •Fixed Income The New 10-Year Benchmark GOI 6.79 2034 traded between 6.32% - 6.39% during the week ending on 02nd May 2025 (Closing yield: 6.3538%). The Old 10-Year Benchmark GOI 7.10 2034 traded between 6.33% - 6.40% during the week ending on 02nd May …

    Source: The Hindu Business Line - Neutral
  • Published on May 5, 2025

    Oil prices drop $2 with most Asian markets closed for holidays

    On Sunday, the OPEC+ group of eight nations announced it will raised its output by 411,000 barrels per day. The group said strong fundamentals were behind the decision. Falling crude oil prices have weighed on the sector, as traders factor in the likely …

    Source: The Atlanta Journal-Constitution - Georgia - Neutral
  • Published on May 5, 2025

    Global trade tensions weaken naira, drag oil prices – Report

    Volatility returned to the global oil market in April as escalating trade tensions, particularly between the United States and China, triggered a sharp drop in crude oil prices and heightened pressure on the Nigerian naira. Although US President Donald …

    Source: Punch - Indeterminate
  • Published on May 5, 2025

    Oil Prices Fall, World Share Prices Mixed In Thin Holiday Trading

    (MENAFN- Kashmir Observer) Representational Photo Hong Kong- Global shares were mixed in holiday-thinned trading Monday, while oil prices fell after the OPEC+ group of oil producing nations said it plans to boost output. Markets were closed in Britain and …

    Source: MENAFN - Indeterminate
  • Published on May 5, 2025

    Stock Market Live Updates 5 May 2025: Sensex, Nifty trade on a firm note; Adani Ports spikes up over 7%

    •Fixed Income The New 10-Year Benchmark GOI 6.79 2034 traded between 6.32% - 6.39% during the week ending on 02nd May 2025 (Closing yield: 6.3538%). The Old 10-Year Benchmark GOI 7.10 2034 traded between 6.33% - 6.40% during the week ending on 02nd May …

    Source: The Hindu Business Line - Neutral
  • Published on May 4, 2025

    Falling Oil Prices: Record Output Meets Economic Slowdown

    The global economy is showing clear signs of cooling. One of the most telling indicators? Oil prices, which have been declining for months. Are we witnessing the dawn of a deflationary era after years of inflation? The futures price of the benchmark WTI ( …

    Source: The American Spectator - Virginia - Right-wing
  • Published on May 5, 2025

    S&P 500 snaps nine-day winning run as uncertainty on tariff deals weighs on markets: Live updates

    The S&P 500 fell Monday, ending a nine-day rally as investors monitored the latest developments on global trade. The broad-market index shed 0.64% to close at 5,650.38, while the Nasdaq Composite dipped 0.74% to end at 17,844.24. The Dow Jones …

    Source: NBC 4 - New York - Neutral
  • Published on May 5, 2025

    WESTERN MIDSTREAM ANNOUNCES APPOINTMENT OF ROBERT G. PHILLIPS AS INDEPENDENT DIRECTOR

    (MENAFN- PR Newswire) HOUSTON, May 5, 2025 /PRNewswire/ -- Today Western Midstream Partners, LP (NYSE: WES ) ("WES" or the "Partnership") announced that Robert G. (Bob) Phillips has been appointed as an independent member of its …

    Source: MENAFN - Indeterminate
  • Published on May 5, 2025

    Navigating timelines in tariff trade talks

    The United States, according to media reports, is facing significant challenges in securing so many trade deals within a short span of 90 days during which reciprocal tariffs have to be set. While the markets wait for trade negotiations with 90 countries …

    Source: Dawn - Center-left

05 days 20:11:39

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