Light, Sweet Crude News Monitoring

Light Crude Oil Is Targeting Further Declines In The Near Term

Tuesday, April 8, 2025 12:25 AM EDT Image Source: Unsplash Light Crude Oil (CL) has exhibited a downward trajectory since reaching its high on January 16, 2025, with indications suggesting further declines ahead. The descent follows an incomplete bearish …

Army Corps of Engineers Gets Fast Track Authority To Permit Enbridge Line 5 Oil Pipeline Construction Under Straits Of ...

WASHINGTON DC – Army Corps of Engineers have been granted emergency permitting power to fast-track Enbridge’s Line 5 underwater pipeline construction just as opponents warn against doing so. Enbridge’s Line 5 pipeline stretches from northern Wisconsin to …

"Azeri Light" crude oil price drops below $70

Price of Azerbaijani oil drops to $68

Baku, April 8, AZERTAC The price of Azeri Light crude oil declined by $1.50, or 2.15%, settling at $68.14 per barrel. The lowest recorded price for Azeri Light was $15.81 per barrel on April 21, 2020, while the highest reached $149.66 in July 2008.

Markets: Oil prices rebound after hitting 4yr lows

Oil prices rose during Asian trade on Tuesday, recovering slightly after steep declines to four-year lows in recent sessions amid rising fears that U.S. trade tariffs could trigger a global recession and weaken energy demand. By 3:20 pm AEST (5:20 am GMT) …

New oil and gas reserve discovered in North Waziristan

Listen to article Mari Petroleum Company Ltd has announced the discovery of new oil and gas reserves at the Spinkwam-1 well, located in the Lokhart Formation of the Waziristan Block in North Waziristan, Khyber-Pakhtunkhwa, Express News reported on Tuesday. …

Oil prices drop as "Azeri Light" and other crude grades see decline

The price of Azerbaijan's "Azeri Light" crude oil in the port of Augusta, Italy, has decreased by $1.50, or 2.15%, compared to previous figures, now standing at $68.14 per barrel on a CIF (Cost, Insurance, and Freight) basis, Azernews reports …

Bearish oil, and its implications

That the Trump administration is pushing for lower oil prices is a well known fact. But, how low is the question. US Energy Secretary Chris Wright, at the sidelines of the recent CERAWeek by S&P Global conference in Houston, said, “We certainly believe …

Middle East Crude-Benchmarks fall as oil plunges, Saudi slashes May prices for Asia

Middle East crude benchmark spot premiums of Oman, Dubai and Murban fell sharply on Monday with oil prices tumbling further, following Saudi Arabia’s weekend announcement to cut its May prices for Asia to a four-month low. Oil prices lost nearly 4% as …

US sanctions may cut Iranian crude imports by China’s independent refineries in April

China’s independent refineries’ imports of Iranian crude could fall from the record levels registered in March due to the intense sanction threats from the US, affecting trade and refinery operations, sources said on April 3. The Iranian crude imports by …

U.S. crude oil losses deepen as Trump tariffs fuel recession fears

A view shows disused oil pump jacks at the Airankol oil field operated by Caspiy Neft in the Atyrau Region, Kazakhstan April 2, 2025.  Pavel Mikheyev | Reuters U.S. oil prices fell about 2% on Monday, adding to last week's steep losses on fears …

Saudi Arabia cuts May oil prices to Asia close to four-year low after OPEC+ supply boost

Saudi Arabia, the world's top oil exporter, on Sunday slashed its prices for Asian buyers to close to their lowest level in four years, adding to speculation it is seeking to regain market share as part of OPEC+'s strategy to speed up oil output …

Futures, Global Markets Tumble In Panic Selloff As VIX Hits 60

US equity futures are pointing to another day of staggering losses - even as they rise from session lows - as Trump doubled down on sweeping tariffs and as the world continues its flight to safety.  S&P futures had plunged as much as 5.5% around the …

Trump's tariffs cause major earthquake on global stock market

Asian stock markets dropped 7–13% in trading on April 7. In Germany, trading opened with a 10% plunge. Investors are worried that a trade war between countries and the United States will harm economic growth. Sell-offs on global markets intensify On Monday …

Is Valero Energy (VLO) the Best Ethanol Stock to Buy According to Hedge Funds?

We recently published a list of 12 Best Ethanol Stocks to Buy According to Hedge Funds. In this article, we are going to take a look at where Valero Energy Corporation (NYSE:VLO) stands against other best ethanol stocks to buy according to hedge funds. …

Oil Prices Slide as Saudi Arabia Slashes Crude

Advertisement Oil prices plunged after Saudi Arabia cut prices on its flagship crude by the steepest margin in over two years. At the same time, escalating trade tensions stoked fears of a global recession and weaker energy demand, adding further pressure …

Urals oil price drops by almost $10 per barrel since beginning of April

MOSCOW, April 7. /TASS/. The price of Russian Urals oil has fallen by almost $10 per barrel since the beginning of April amid a general decline in oil prices worldwide, according to a report by the international price agency Argus, which was …

H2Go: How experts, industry leaders say US hydrogen is fuel for the future of agriculture, energy, security

The vehicle traveled 1,806 miles on a single tank of hydrogen. As the Trump administration pursues an "all of the above" energy strategy, hydrogen experts welcome the new attention and are advancing efforts to make it a top, domestically-produced …

Saudi Arabia slashes oil prices for Asia to four-month low

Saudi Arabia, the world’s largest oil exporter, has reduced crude oil prices for Asian buyers in May to their lowest level in four months. This move follows a surprising decision by the OPEC+ oil group to accelerate oil output increases, News.Az reports, …

Electe Joins the World Wide Web Consortium as a AI B2B Go-to-Market Leader

Italian AI analytics platform becomes W3C member to influence data interoperability and privacy standards for small and medium-sized enterprises MILANO, MI, ITALY, April 8, 2025 /⁨EINPresswire.com⁩/ -- Electe, an Italian company leading in AI- …

Forfend Industries Expands Industrial Manufacturing and Heavy Industry Market Presence with Acquisition of Stiffy Tools

Forfend Industries Inc., a serial acquisition holding company, today announced the acquisition of the industrial product manufacturer, Stiffy Tools. BOULDER, CO, UNITED STATES, April 8, 2025 /⁨EINPresswire.com⁩/ -- Forfend Industries Inc., a …

$1,000 MDD y creciendo, Firma en Consultoría Energética alcanza un logro significativo

Acclaim Energy México supera los mil millones de dólares en presupuesto energético administrado y consolida su liderazgo en sostenibilidad MONTERREY, NUEVO LEóN, MEXICO, April 8, 2025 /⁨EINPresswire.com⁩/ -- Acclaim Energy México ha alcanzado un …

5G, Aethra Telecommunications-Fastweb Partnership Strengthens, with Focus on Ease of Installation and Customization

MISSISSAUGA, ONTARIO, CANADA, April 8, 2025 /⁨EINPresswire.com⁩/ -- A TLC, the commercial brand of Aethra Telecommunications, has been confirmed as a vendor by the telco for services aimed at the business sector. The new 5G Outdoor Unit WNRQQ-108 …

Eldorado Gold Provides Q1 2025 Conference Call Details

VANCOUVER, British Columbia, April 08, 2025 (GLOBE NEWSWIRE) -- Eldorado Gold Corporation (“Eldorado” or the “Company”) will release its First Quarter 2025 Financial and Operational Results after the market closes on Thursday, May 1, 2025, and will host a …

NioBay reçoit une subvention de 400 000 $

MONTRÉAL, 08 avr. 2025 (GLOBE NEWSWIRE) -- Les Métaux NioBay inc. (« NioBay » ou la « Société ») (TSX-V: NBY) (OTCQB: NBYCF) est fière d’annoncer l’octroi d’une subvention dans le cadre du Programme de soutien à l’exploration minière pour les minéraux …

NioBay Receives $400,000 Grant

MONTREAL, April 08, 2025 (GLOBE NEWSWIRE) -- NioBay Metals Inc. (“NioBay” or the “Company”) (TSX-V: NBY) (OTCQB: NBYCF) is proud to announce the award of a grant under the Mining Exploration Support Program for Critical and Strategic Minerals of the …

Eloro Resources Announces Closing of Brokered Private Placement for Gross Proceeds of C$5.3 Million

NOT FOR DISTRIBUTION TO UNITED STATES NEWSWIRE SERVICES OR FOR RELEASE, PUBLICATION, DISTRIBUTION OR DISSEMINATION DIRECTLY, OR INDIRECTLY, IN WHOLE OR IN PART, IN OR INTO THE UNITED STATES. TORONTO, April 08, 2025 (GLOBE NEWSWIRE) -- Eloro Resources Ltd. …

GoldHaven Announces Corporate Reorganization

VANCOUVER, British Columbia, April 08, 2025 (GLOBE NEWSWIRE) -- GoldHaven Resources Corp. ("GoldHaven" or the "Company") (CSE: GOH) (OTCQB: GHVNF) (FSE: 4QS) is pleased to announce that on April 7, 2025, it has completed a …

American Battery Technology Company Completes Additional Drill Program to Progress Mission to Increase American Critical ...

Reno, Nev., April 08, 2025 (GLOBE NEWSWIRE) --  American Battery Technology Company (NASDAQ: ABAT), an integrated critical battery materials company that is commercializing its technologies for both primary battery minerals manufacturing and secondary …

Enphase Energy Expands in Europe with IQ Battery 5P with FlexPhase, Delivering Three-Phase Backup Power in Luxembourg

FREMONT, Calif., April 08, 2025 (GLOBE NEWSWIRE) -- Enphase Energy, Inc. (NASDAQ: ENPH), a global energy technology company and the world's leading supplier of microinverter-based solar and battery systems, today announced the launch of its most …

Enphase Energy Announces Conference Call to Review First Quarter 2025 Financial Results

FREMONT, Calif., April 08, 2025 (GLOBE NEWSWIRE) -- Enphase Energy, Inc. (NASDAQ: ENPH), a global energy technology company and the world's leading supplier of microinverter-based solar and battery systems, announced today that it will host a …

Asia Broadband Opens Registration For Plant Tours of Its Gold and Silver Ore Processing Facility Beginning May 1st In ...

LAS VEGAS, April 08, 2025 (GLOBE NEWSWIRE) -- Asia Broadband Inc. (OTC: AABB) (“AABB” or the “Company”) is pleased to announce that the Company’s has opened its registration process for plant tours beginning May 1st of its new gold and silver ore …

Ellico Partners with Cru Software to simplify workforce management in North Queensland

BRISBANE, QLD, AUSTRALIA, April 8, 2025 /⁨EINPresswire.com⁩/ -- We’re excited to announce a new partnership between Cru Software and Ellico, a locally owned and operated business in North Queensland offering a comprehensive range of services, …

VR Resources Identifies Geochemical Trends from New Data on Copper-Gold Veins at Silverback Project, Ontario

VANCOUVER, British Columbia, April 08, 2025 (GLOBE NEWSWIRE) -- VR Resources Ltd. (TSX.V: VRR, FSE: 5VR; OTCBB: VRRCF), the "Company", or “VR”, is pleased to announce new data, and results of a comprehensive geochemical study, at its 100%-owned …

Robex Announces Settlement Agreement

QUÉBEC CITY, April 08, 2025 (GLOBE NEWSWIRE) -- Robex Resources Inc. (TSXV: RBX) (“Robex” or the “Company”) announces that it has entered into a settlement agreement with certain claimants (the “Claimants”) that were party to a share purchase agreement …

Aya Gold & Silver Reports High-Grade Drill Results at Boumadine, Extends Tizi Zone to 2.2km and Identifies New Regional ...

MONTREAL, April 08, 2025 (GLOBE NEWSWIRE) -- Aya Gold & Silver Inc. (TSX: AYA; OTCQX: AYASF) (“Aya” or the “Corporation”) is pleased to announce new high-grade drill exploration results from its 2024 - 2025 program at Boumadine in the Kingdom of …

Federal Leaders Endorse Streamlined Permitting Process for Mining Projects

Prime Minister of Canada supports “one project, one review” approval process Official Leader of the Opposition names Troilus as project of interest to accelerate resource development MONTREAL, April 08, 2025 (GLOBE NEWSWIRE) -- Troilus Gold Corp. (TSX: TLG …

Koryx Copper Provides Update on Zambia Projects and Planned 2025 Exploration Work Program

Highlights Koryx Copper owns 51% of two highly prospective exploration licenses in the Zambian copper belt, with an option to earn up to 80% over the next 30 months. Over the last few months significant work was completed in preparation for the …

Forsys Reports Positive Ore Sorting Testwork at Norasa

TORONTO, April 08, 2025 (GLOBE NEWSWIRE) -- Forsys Metals Corp. (TSX: FSY) (FSE: F2T) (NSX: FSY) (“Forsys” or the “Company”) Forsys is pleased to report on ore-sorting testwork at its Norasa Uranium project (“Norasa”1). Highlights Exploratory ore sorting …