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A service for energy industry professionals · Monday, May 5, 2025 · 809,645,657 Articles · 3+ Million Readers
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United States Crude Oil News Monitoring

  • Published on 06:43 GMT

    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 07:35 GMT

    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 12:30 GMT

    Lotte Chemical Titan posts smaller 1Q loss

    KUALA LUMPUR: Lotte Chemical Titan Holding Bhd (LCT) foresees continued volatility in the global business environment in the near term, according to president and CEO Jang Seon Pyo. “Geopolitical factors, including the Russia-Ukraine War, tension in the …

    Source: The Malaysian Star - Indeterminate
  • Published on 14:20 GMT

    China began de-risking its economy well before Trump’s trade furt

    This past month, the international press was full of news about unilateral actions taken by the US under President Donald Trump. There is much analysis of his ‘reciprocal’ tariffs, possible theories behind why they were imposed, their impact on financial …

    Source: Mint - Neutral
  • Published on 08:48 GMT

    Oil tumbles, Taiwan's dollar surges at start of central bank-packed week

    By Dhara Ranasinghe LONDON (Reuters) - Oil prices tumbled over 2% on Monday after oil producing group OPEC+ agreed to accelerate oil production increases, while Taiwan's dollar surged to almost three-year highs at the start of a central bank-packed …

    Source: Yahoo Finance - Pending
  • Published on 10:20 GMT

    Morning Bid: Crude awakening

    By Anna Szymanski What matters in U.S. and global markets today By Anna Szymanski, Editor-in-Charge, Reuters Commentary Trading in global markets was fairly quiet at the start of this central bank-packed week, with holidays today in Britain, Hong Kong, …

    Source: Yahoo Finance - Pending
  • Published on 12:38 GMT

    Oil slips, Taiwan dollar surges at start of central bank-heavy week

    By Dhara Ranasinghe LONDON (Reuters) -Oil prices fell on Monday after oil-producing group OPEC+ agreed to accelerate oil production increases, while Taiwan’s dollar surged to almost three-year highs at the start of a central bank-packed week for world …

    Source: Regional Media News - Iowa - Pending
  • Published on 06:24 GMT

    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 06:11 GMT

    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 01:11 GMT

    Gas Prices Hold Steady Amid Declining Oil Costs, AAA Reports

    The national average price for a gallon of regular gasoline edged up slightly this week to $3.18, according to AAA. While this time of year often sees seasonal increases in prices due to rising demand, a drop in crude oil prices is helping to stabilize …

    Source: Small Business Trends - Pending
  • Published on May 1, 2025

    USA Crude Oil Inventories Drop Week on Week

    U.S. commercial crude oil inventories, excluding those in the Strategic Petroleum Reserve (SPR), decreased by 2.7 million barrels from the week ending April 18 to the week ending April 25, the U.S. Energy Information Administration (EIA) highlighted in its …

    Source: Rigzone - Neutral
  • Published on 05:30 GMT

    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 00:54 GMT

    The morning catch up: ASX 200 futures edge higher on US rally and...

    ASX 200 futures were up 32 points or 0.38% at 8:30 am AEST, tracking strength in global equities as major US indices advanced overnight. The S&P 500 posted its ninth consecutive gain, fully erasing the losses from its recent pullback. Investor …

    Source: Proactive Australia - Neutral
  • Published on 05:29 GMT

    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 04:48 GMT

    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 3, 2025

    European markets buoyed by potential talks between China and the USA

    At approximately 08:55 in Lisbon, the EuroStoxx 600 was up 0.77%, reaching 531.65 points. After being closed on Thursday, the stock exchanges in Paris and Frankfurt advanced by 1.32% and 1.43%, respectively. Similarly, Madrid and Milan increased by 0.70% …

    Source: Portugal Pulse - Neutral
  • Published on 13:34 GMT

    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 12:25 GMT

    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 03:59 GMT

    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

07 days 11:15:25

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