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Oil gas
Oil Market Faces Prolonged Surplus as Global Demand Outlook Worsens: IEA
April 16, 2025 12:29 PM AEST| By Team Kalkine MediaHighlights,IEA predicts oil surplus through 2026,Demand growth forecast trimmed due to global trade tension,EV adoption and economic uncertainty weigh on outlook,A sustained oil supply surplus is now expected to persist through 2026, according to a f...
Oil Prices Tick Up as Iran Talks Spark Supply Speculation
April 15, 2025 02:41 PM AEST| By Team Kalkine MediaHighlights,Oil prices inch higher amid trade war developments,Market eyes potential boost in Iranian crude supply,Brent hovers near $65 as calm returns to Wall Street,Oil prices made modest gains following a subdued start to the week, as markets resp...
Oil Prices Hold Ground as Trade Tensions Ease and US-Iran Dialogue Resumes
April 14, 2025 11:05 AM AEST| By Team Kalkine MediaHighlights,Oil prices stabilize amid easing trade and geopolitical tensions,US exempts smartphones, electronics from tariffs,US-Iran diplomatic talks resume, hinting at supply shift,Crude oil prices showed resilience at the start of the week, holding...
Oil Markets Navigate Uncertain Waters Amid Tariff Tensions and OPEC+ Moves
April 10, 2025 12:44 PM AEST| By Team Kalkine MediaHighlight,Oil prices fluctuate as tariff policies and geopolitical tensions create market volatility.,Brent and WTI benchmarks show significant movement amid international trade adjustments.,OPEC+ decisions and China's role as a major oil importer in...
Oil Prices Plunge Amid Trade Tensions and Rising Supplies
April 09, 2025 11:48 AM AEST| By Team Kalkine MediaHighlight,Oil hits four-year lows due to escalating trade disputes.,Brent and West Texas Intermediate witness significant declines.,OPEC+ decisions contribute to an uncertain market outlook.,Oil markets have recently witnessed significant downturns,...
Why Is Omega Oil & Gas Expanding Its Presence in the Energy Sector Through New ASX Listings?
April 04, 2025 03:13 PM AEDT| By Team Kalkine MediaHighlights,Omega Oil & Gas operates within the oil and gas exploration industry.,The company recently issued new securities on the ASX.,Activity aligns with continued operational developments in the energy sector.,Energy Sector Expansion Through Reso...
Australian Oil Reports Financial Results for the Year
April 03, 2025 11:31 AM AEDT| By Team Kalkine MediaHighlights:,Revenue experiences a significant decline compared to the previous year.,The company reports a net loss, marking a shift from the prior year's profit.,The stock has seen a notable decrease over the past week.,Australian Oil, listed under...
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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