Business
ELD Asset Management Predicts Rising Crude Oil Prices in 2025

Energy Price Forecasts: ELD Asset Management Highlights Key Drivers of Rising Costs and Potential Implications for Inflation
ELD Asset Management, a Singapore-based investment management practice says that it expects energy prices to rise notably in the first 6 months of 2025 and cites crude oil as the likely standout in which higher prices could have serious implications for inflation. The firm’s researchers point to several key factors that are likely to drive an upward trend in energy markets.

Energy price challenges
As the global economy continues to recover from the disruptions caused by the COVID-19 pandemic, increased industrial activity and mobility are fuelling higher energy demand. Furthermore, researchers predict that the ongoing coordination among OPEC+ countries – including Russia – aimed at managing oil supply is projected to support prices by striking a balance between production levels and global demand that favours producers.
Geopolitical risks
Persistent geopolitical risks in major oil-producing regions, mainly the Middle East and parts of Africa, are likely to create supply concerns if resolution of long-standing animosities between Israel, proxies for Iran and the wider Arab world remain elusive, adding upward pressure on crude oil prices.
Climate-related disruption
Finally, the researchers posit that seasonal weather patterns and potential disruptions from extreme weather events could further impact supply chains and refine capacity, contributing to price volatility and increases.
Implications for investors
ELD Asset Management advises clients to factor in the implications of rising energy prices in their investment strategies. Energy producer and oil services stocks could offer attractive opportunities for investors looking to capitalise on this trend.
“We believe the energy sector is poised for growth in the first half of 2025, with crude oil prices likely to trend higher due to a confluence of demand recovery and supply-side factors,” said George Palmer – Director of Private Clients at ELD Asset Management. “There are potential headwinds for oil prices including the prospect of an end to the Russo-Ukraine war but all the available evidence appears to suggest that they’re heading higher,” he concluded.
Additional perspectives
ELD Asset Management’s researchers suggest that higher oil prices will almost certainly lead to spikes in inflation reasoning that transportation costs feed into most aspects of global production and service provision. They suggest that clients may want to consider increasing allocations in inflation hedges including precious metals and inflation-linked bonds.
About ELD Asset Management:
At ELD Asset Management, we combine research-driven strategies, personalised solutions, and a commitment to transparency to help you achieve your financial goals. With a global perspective and local expertise, we offer tailored investment solutions that prioritise long-term growth and stability.
The post ELD Asset Management Predicts Rising Crude Oil Prices in 2025 appeared first on Pinion Newswire.
Business
$895M Development Project to Break Ground in Chicago’s South Side

Woodlawn Central, a visionary $895 million mixed-use development at 63rd and Dorchester, is moving forward with a newly announced joint venture for Phase One. Phillip Beckham III and Juan Saldana of P3 Markets have joined the project as development partners, while Bowa Construction, led by Nosa Ehimwenman, has been named construction manager and community partner.
Phase One of Woodlawn Central will include:
- A state-of-the-art hotel
- The restoration and repurposing of the historic Metra Head House
- 140 units of mixed-income premier residential housing
This joint venture represents a pivotal milestone in bringing the vision for Woodlawn Central to life—a community-first development designed to foster economic opportunity, protect cultural heritage, and promote sustainable growth in the Woodlawn neighborhood.
A Commitment to Community-Led Development
- Byron Brazier, Lead Developer of Woodlawn Central, emphasized the importance of aligning with partners who share the project’s mission:
“After extensive meetings and proposals, it was clear that P3 Markets and Bowa Construction embody the values of shared vision and respect for community development,” said Brazier. “Phil, Juan, and Nosa bring the expertise, commitment, and collaborative spirit necessary to make this transformative vision a reality.”
Self-Development Model Prioritizing Equity
Unlike traditional developments, Woodlawn Central is being self-developed by ACOG Ventures, the LLC entity of the Apostolic Church of God (ACOG), to ensure that the community remains at the heart of the project.
Dr. Byron T. Brazier, Senior Pastor of ACOG, reinforced this commitment:
“After many disappointing conversations with traditional investors and developers, we are more determined than ever to ensure that this project serves the long-term stability of both the church and the community,” said Dr. Brazier. “We refuse to support displacement in any form and remain steadfast in our mission to empower the residents of Woodlawn.”
Since its announcement in 2021, Woodlawn Central has stood as a model for equitable development in the Black community—proving that large-scale urban projects can be community-led while prioritizing transparency, collaboration, and cultural preservation.
About the Partners
- Byron Brazier – Lead Developer of Woodlawn Central, ensuring that the project aligns with long-term community interests.
- P3 Markets – A mission-driven development firm, co-founded by Phillip Beckham III and Juan Saldana, specializing in projects that promote equitable economic growth.
- Bowa Construction – A premier general contractor and construction manager based in Chicago. Known for achieving industry “firsts” on major projects like The Row, a 43-story high-rise in Fulton Market, Bowa continues to set new standards for excellence and innovation in construction.
What’s Next for Woodlawn Central?
Phase One of Woodlawn Central is set to break ground later this year, laying the foundation for a thriving hub of mixed-use living, commerce, and community engagement at 63rd and Dorchester.
For more information, visit woodlawncentral.com or [email protected]
The post $895M Development Project to Break Ground in Chicago’s South Side appeared first on Pinion Newswire.
Business
Oregon State University strengthens ties with South Korea’s ‘future innovation leaders’

OSU President Jayathi Murthy and OSU Foundation CEO Shawn Scoville engage with alumni and future students in Seoul
As a global leader in advanced technology and engineering, South Korea is shaping the future of innovation. This week, Oregon State University (OSU) President Professor Jayathi Y. Murthy and OSU Foundation President & CEO Shawn L. Scoville met with OSU alumni, newly admitted students, and industry leaders in Seoul to celebrate OSU’s global connections and reaffirm the university’s commitment to cutting-edge research, student success, and career pathways in high-demand fields.
With more than 80 students from South Korea currently enrolled at OSU, the university continues to be a destination of choice for Korean students seeking world-class education and access to top global industries. OSU offers strong academic and research programs in AI, robotics, computer science, oceanography, and sustainability, areas that align with South Korea’s strengths in technology, engineering, and global problem-solving.
“South Korea has long been at the forefront of technology and scientific advancements, and Oregon State University shares that same drive for innovation,” said Murthy. “Our university fosters a research-intensive, globally connected environment where students engage with cutting-edge discoveries and collaborate with industry leaders. I’m excited to strengthen our connections with Korea’s best and brightest minds and future innovation leaders.”
A global research powerhouse with strong industry connections
OSU is ranked among the top 1.4% of degree-granting institutions worldwide and has a student body of nearly 38,000 students from more than 100 countries. It is home to the largest Computer Science program in the United States and has a strong research enterprise, with US$422 million in annual research expenditures and a goal to double that by 2030.
The university has deep industry ties, serving as a preferred hiring partner for global companies, including Intel, Google, NVIDIA, Amazon, Apple, Boeing, Nike and Tesla. These partnerships provide OSU students with access to outstanding career opportunities in high-impact fields.
OSU Foundation’s commitment to global education and alumni engagement
Accompanying President Murthy, Shawn L. Scoville, President and CEO of the OSU Foundation, highlighted the Foundation’s role in expanding OSU’s impact through global alumni engagement and philanthropy.
“The OSU Foundation is dedicated to engaging our dynamic international network of alumni and supporters to help strengthen OSU’s ability to address global challenges,” said Scoville. “Through our US$1.75 billion ‘Believe It’ fundraising and engagement campaign, we are investing in OSU’s students, faculty and groundbreaking infrastructure that positions OSU as a global leader in AI, sustainability, and engineering.”
One such transformative project is the Jen-Hsun Huang and Lori Mills Huang Collaborative Innovation Complex, made possible by more than US$100 million in philanthropic investments, including a US$50 million gift from OSU alumni couple Jen-Hsun Huang, NVIDIA Founder and CEO, and Lori Mills Huang. Set to open in 2026, the facility will house one of the most powerful supercomputers in the United States, advancing research in AI, sustainability, climate science, and oceanography, and beyond.
The event in Seoul was attended by several alumni and future students. “We are grateful to our volunteer leaders in South Korea for their generous welcome. As OSU continues to expand its global footprint, engagements like this reaffirm the university’s deep connections with its alumni, who play a vital role in OSU’s global impact,” said Scoville.
To learn more about OSU’s global research and education opportunities, visit: https://oregonstate.edu
To learn more about OSU Foundation visit: https://www.fororegonstate.org
The post Oregon State University strengthens ties with South Korea’s ‘future innovation leaders’ appeared first on Pinion Newswire.
Business
FallsCreek Group LLC Invites Proposals for Premier Steamboat Base Village® Development, Enhancing Steamboat Springs’ Ski Experience


Thomas Grant, Managing Partner of the FallsCreek Group LLC, and owners of the future 59-acre Steamboat Base Village® property at the Steamboat Ski Area, in Steamboat Springs, Colorado, “Ski Town USA®“, are now accepting applications and reviewing offers from development companies and or financial institutions for the development of the Steamboat Base Village®. This property is the only remaining location for the development of a ski-in base village and north entrance (second access) to the Steamboat Ski Area!
Mr. Grant stated the need for the Steamboat Base Village® is indisputable. The new posh village and the north entrance to the Steamboat Ski Area would transform the Ski Area into one of the greatest ski resorts in North America and possibly open hundreds of acres of expert ski terrain to the north.
The 59-acre Steamboat Base Village® property is a major opportunity for Steamboat Springs and is one of the most significant proposed developments at the Steamboat Ski Area. This development has the potential to reshape, not only the Steamboat Ski Area, but also the broader landscape surrounding Steamboat Springs.

Steamboat is the second-largest ski area in Colorado with 3,741 acres. Steamboat is also the largest ski area in the world that utilizes a single ski base to accommodate approximately 1.4 million skiers annually; an average of over 10,000 skiers daily. The IKON pass and Steamboat’s two gondolas have dramatically increased the quantity of skiers at Steamboat, which is an anomaly for a ski area of this magnitude.
Significance of the Steamboat Base Village® Property
The 59-acre Steamboat Base Village® property would add a second entrance to the ski area from the north for quick access to the ski area and its elite ski terrain. There is a possibility of opening up more expert ski terrain to the north from the Steamboat Base Village®.

The Steamboat Base Village® would feature the most contemporary facilities in the ski industry. The slope-side village would feature five-star hotels and residence club accommodations fitted with the finest appointments. Boutique posh shops would provide a unique shopping experience. The contemporary village would have a look and feel of permanence. The Steamboat Base Village® will be nestled creekside featuring aspen tree-lined walking paths through the Routt National Forest. The village adjoins the Steamboat Ski Area and the town of Steamboat Springs.
For details and procedure guidelines see Steamboat Base Village® www.steamboatbasevillage.com.
What the people think: https://teamyazbeck.com/blog/what-the-steamboat-base-village-auction-means-for-the-local-real-estate-market/?amp=1
For an overview of the proposed FallsCreek Group’s Steamboat Base Village® development, go to: www.steamboatmountain.com or www.steamboatbasevillage.com.
Visit Peak Rankings for 2024 at https://www.peakrankings.com/content/steamboat.
Disclaimer: The contents herein are the opinions of the FallsCreek Group LLC and Steamboat Mountain® and are not in any way based on the information or endorsements from the Steamboat Ski Resort® or any other entity.
Thomas Grant, Managing Partner
FallsCreek Group, LLC
+1 702-304-1980
Thomas Grant, Managing Partner
FallsCreek Group, LLC
[email protected]
The post FallsCreek Group LLC Invites Proposals for Premier Steamboat Base Village® Development, Enhancing Steamboat Springs’ Ski Experience appeared first on Pinion Newswire.
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