Business news

ING revises oil price forecast downward due to higher OPEC output

OPEC+’s decision to aggressively increase oil supply will result in an earlier and sustained market surplus throughout 2025. “Previously, we ass...

Analysis: Saudi Arabia’s oil output strategy and fiscal breakeven pl...

Saudi Arabia, the kingpin of the Organization of the Petroleum Exporting Countries and allies, seems prepared to test the oil market as well as cartel...

Analysis: OPEC’s accelerated output plan may keep oil prices volatil...

The prospect of higher supply from the Organization of the Petroleum Exporting Countries and allies in the coming months will likely spell doom for oi...

Ivanhoe Mines Confirms Kamoa-Kakula Achieved a Record 50,176 Tonnes...

Monthly production record achieved over 30 days, Kamoa-Kakula hits an annualized copper production rate of approx. 625,000 tonnes at the end of April&...

Lowell Chamber Orchestra Announces Bold And Diverse Seventh Season

LOWELL, Mass., May 2, 2025 (SEND2PRESS NEWSWIRE) -- The Lowell Chamber Orchestra (LCO) is thrilled to announce its seventh season, promising an ambiti...

OPEC+ may hold urgent Saturday meeting to finalize June output plan

Eight member nations of the OPEC+ alliance are likely to meet on Saturday to deliberate on a potential further acceleration of oil production increase...

Global food prices climb in April: which staples are driving the sur...

The United Nations’ Food and Agriculture Organization reported on Friday that global food commodity prices rose in April.  This increase wa...

Gasoline demand falters even as exports hold steady

Despite global gasoline exports maintaining levels similar to last year at this time, emerging demand data suggests a persistent weakness in the marke...

‘The Madman Theory’: decoding Trump’s unpredictable political playbo...

Trump’s tariff policy is not random. He is deliberately projecting unpredictability and recklessness in a calculated bid to gain negotiating lev...

Shell Q1 profit falls 28% but tops analyst expectations

Shell PLC disclosed on Friday that its net profit for the first quarter experienced a substantial 28% year-over-year decrease, settling at $5.58 billi...

De minimis gone: how a little rule change is likely to upend US-Chin...

The Trump administration on Friday formally closed a trade loophole that had allowed a flood of inexpensive goods from China to enter the United State...

Gold prices could hit $4,000 by 2025: Bybit & FXStreet report

Bybit and FXStreet have released a new joint report predicting that gold could climb to $4,000 per ounce by the end of 2025, citing a powerful combina...

Hershey Q1 results beat expectations despite sales dip, salty snacks...

Hershey reported a less severe decline in sales than anticipated for the first quarter, alongside exceeding profit expectations, according to a Thursd...

Alcoa sees strong order book but faces uncertainty amid tariffs, pow...

Alcoa reported on Thursday that its second-quarter order book remains strong and has not yet been affected by US tariffs. The aluminium producer also...

Gold slips to two-week low as safe-haven appeal fades; can prices re...

Gold prices remained vulnerable to further downside on Thursday as prospects of a trade deal between the US and its trading partners wiped the sheen o...

Why oil prices may face an uphill battle despite market support

Oil prices were slightly lower on Thursday after sharp losses in the previous session due to prospects of higher supply and a slowing US economy.&#160...

The Big Picture Webcast Spotlights Mortgage Industry Power Players I...

CLEVELAND, Ohio, April 28, 2025 (SEND2PRESS NEWSWIRE) -- Top mortgage industry webcast The Big Picture, broadcast live every Thursday at 3 p.m. ET, an...

Oil prices rebound: what’s driving the rally and what comes next for...

Oil prices have bounced back, climbing over 3% in just a few days. Crude oil has climbed to $80 early on in 2025, before falling 25% down to below $60...

BP shares rise after Elliott reveals 5% stake: here’s what it plans...

BP shares climbed by more than 5% on Wednesday after hedge fund Elliott Management revealed a 5.006% stake in the British oil major. The stock was up...

Germany to phase out power payments, saving consumers €1.5B

Germany’s Bundesnetzagentur, the regulatory body overseeing the country’s energy grid, has announced a proposal aimed at providing financi...