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Oil gas
Crude Prices on the Rise Amid Anticipated Tariff Impacts
March 28, 2025 12:00 AM AEDT| By Team Kalkine MediaHighlights,Oil approaches its third consecutive weekly gain.,Tariffs and sanctions shape market dynamics.,Venezuelan crude exports to China surge.,Oil prices are on an upward trajectory, heading towards a third consecutive weekly gain as the market a...
Oil Prices Remain Elevated as U.S. Targets Venezuelan Crude with Tariffs
March 25, 2025 12:00 AM AEDT| By Team Kalkine MediaHighlights,S. President Trump announces tariffs on nations buying Venezuelan crude.,Oil prices stabilize with Brent near $73 and WTI above $69.,Potential impact on global supply chains and specific refiners.,In a significant geopolitical move, oil pr...
Oil Market Braces for Turbulence as Tariffs and OPEC+ Supply Cloud Outlook
March 24, 2025 12:00 AM AEDT| By Team Kalkine MediaHighlights,Oil prices hold steady as traders assess fresh US tariffs,OPEC+ set to ramp up oil production from next month,Market volatility remains elevated due to trade tensions,Oil prices began the week on a cautious note as the market absorbed mult...
Global Oil Markets Respond to U.S. Inventory Shifts and Ongoing Geopolitical Tensions
March 19, 2025 12:43 PM AEDT| By Team Kalkine MediaHighlights,U.S. crude stockpiles see unexpected rise,Geopolitical tensions influence oil markets,Global oil benchmarks,remain,under pressure,In recent developments, global oil prices have exhibited a downward trend in response to an unexpected increa...
Oil Prices Climb as China Unveils Plans to Boost Consumption
March 17, 2025 01:03 PM AEDT| By Team Kalkine MediaHighlights,China introduces measures to revive economic consumption and stabilize key markets.,Brent crude rises above $71, with WTI trading near $68 per barrel.,Geopolitical developments and OPEC+ supply decisions influence oil market trends.,Oil pr...
Omega Oil and Gas Achieves Milestone with Canyon-1H Well
March 11, 2025 11:00 AM AEDT| By Team Kalkine MediaHighlights,Successful completion of fracture stimulation at Canyon-1H well.,Initiation of 30-day flow testing phase to gather reservoir data.,Potential to address gas supply shortages on Australia’s east coast.,Omega Oil and Gas (ASX:OMA) has reporte...
Oil Prices Slip to Near Six-Month Low Amid Weak Economic Signals
March 10, 2025 12:15 PM AEDT| By Team Kalkine MediaHighlights,Oil prices declined to levels last seen in September due to economic concerns.,China’s consumer inflation data signaled deflationary pressures,,impacting,crude demand.,OPEC’s production plans and global economic uncertainties added to the...
ASX-listed Hydrogen Stock Focuses on Advancing its Zero-Emission Strategy
March 06, 2025 04:15 PM AEDT| By Team Kalkine MediaHighlights,Hydrogen Fuel Cell Milestone:,Delivered its first hydrogen-powered rear loader to Solo Resource Recovery, marking a key step in zero-emission waste management.,Strategic Vehicle Distribution:,Signed three high-value vehicle distribution ag...
Two ASX Hydrogen Stocks Push Forward in Australia’s Green Hydrogen Race
March 06, 2025 04:14 PM AEDT| By Team Kalkine MediaHighlights,ASX Hydrogen Stocks:,Companies producing, transporting, or marketing hydrogen—a low-emission, clean energy fuel.,Fortescue Metals Group:,Diversifying into green hydrogen via Fortescue Future Industries; paused 15M tonne target to streamlin...
Woodside Energy Faces Downturn Amid Oil Price Slump and Dividend Adjustments
March 06, 2025 11:26 AM AEDT| By Team Kalkine MediaHighlights,Share Price Decline:,Woodside’s shares are down 5% to AU$22.89 amid a challenging trading session.,Oil Price Impact:,Global oil prices, with WTI at US$66.24 and Brent at US$69.26, have dropped due to concerns over OPEC production increases...
Morgan Stanley Revises AGL Energy Outlook Amid Lowered Earnings Forecast
March 06, 2025 11:09 AM AEDT| By Team Kalkine MediaHighlights,Revised Price Target:,Morgan Stanley lowers its price target on AGL Energy to AU$11.88 from AU$12.66 amid a downward earnings forecast.,Rating Upgrade:,The brokerage upgrades AGL’s rating to "equal-weight" from "over-weight," favoring the...
Oil Prices Decline Amid Geopolitical Uncertainty, OPEC+ Output Boost, and Tariff Pressures
March 04, 2025 02:11 PM AEDT| By Team Kalkine MediaHighlights,Oil prices decline following US-Ukraine tensions and potential sanctions relief for Russia.,OPEC+ moves forward with its first oil output increase since 2022.,US tariffs,on,Canada, Mexico, and China create economic concerns affecting oil d...
Oil Prices Edge Higher as Market Reacts to Tariff Concerns
March 03, 2025 01:34 PM AEDT| By Team Kalkine MediaHighlights,Oil prices rise as markets assess upcoming tariffs.,Brent surpasses $73, WTI trades near $70.,US crude imports face potential disruption amid trade tensions.,Oil prices saw an upward movement at the start of the week as traders analyzed th...
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Viva Energy Shares Plunge 23% as Full-Year Profit Falls 20% Amid Convenience Business Struggles
February 25, 2025 12:38 PM AEDT| By Team Kalkine MediaHighlights:,Profit Falls 20%:,Net profit dropped to,$254.2 million,, driven by weaker convenience sales.,Dividend Cut by 32%:,Full-year dividend reduced to,10.6 cents per share,.,Stock Down 45.2% YoY:,Shares plunged,23.5% in a single day,, reflecting...
Global Oil Markets Surge Amid Fresh US Sanctions on Iranian Exports
February 25, 2025 11:40 AM AEDT| By Team Kalkine MediaHighlights,US imposes new measures on Iranian crude flows.,Crude prices edge higher amid regulatory shifts.,Future tariffs could alter shipment costs.,In a dramatic turn for the energy sector, global oil markets have experienced a notable rise for th...
Ampol Share Price Sinks as Profits Plunge Amid Refinery Woes and Market Pressures
February 24, 2025 11:20 AM AEDT| By Team Kalkine MediaHighlights,Share Price Drop:,Ampol shares fall,3.1% to $27.16,, underperforming the,ASX 200’s 0.9% decline,.,Earnings Decline:,RCOP EBIT down 45%,to,$715 million,, with,NPAT plunging 68%,to,$235 million,.,Dividend Slashed:,Final dividend cut to,5 cen...
APA Group Shares Rise After Positive H1 FY25 Results and Positive Outlook
February 24, 2025 11:16 AM AEDT| By Team Kalkine MediaHighlights,Share Price Surge:,APA Group shares climb,3.18% to $6.82,following the release of its,first-half FY25 results,.,Revenue and Profit Growth:,Revenue up 7.1%,to,$1.36B,,,underlying pre-tax profit up 9.1%,to,$1.02B,.,Steady Distributions:,Decl...
Why Are Energy and Mining Stocks Facing Major Shifts?
February 21, 2025 05:30 PM AEDT| By Team Kalkine MediaHighlights,Elixir Energy (ASX:EXR) moves to farm-out its Mongolian gas assets, impacting investor sentiment.,Pilbara Minerals (ASX:PLS) reports a financial downturn due to persistent lithium price declines.,Fortescue (ASX:FMG) re-evaluates its approa...
Oil Prices Steady Amid OPEC+ Supply Considerations and Geopolitical Tensions
February 18, 2025 03:54 PM AEDT| By Team Kalkine MediaHighlights,OPEC+ explores delaying scheduled production hikes.,Ukrainian drone strikes impact Russian crude infrastructure.,Brent and WTI crude prices hold gains amid supply concerns.,Oil prices remained steady after an earlier advance as OPEC+ deleg...
Oil Prices Drop Amid Rising Supply Expectations and Potential Peace Talks
February 17, 2025 01:19 PM AEDT| By Team Kalkine MediaHighlights,Oil prices fall due to anticipated supply increases from Iraq and Russia.,US President Trump seeks resolution in Ukraine, potentially affecting Russian oil sanctions.,Market indicators show signs of weakness, including changes in contract...
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