Tag: Oil
June 13, 2025
Oil
Singapore’s Fuel Oil Reserves Increase for Fourth Consecutive Week
Onshore fuel oil inventories in Singapore have experienced a rise for the fourth consecutive week, driven by strong import levels,…
June 12, 2025
News
Oil Prices Drop as Market Evaluates Ongoing Tensions in the Middle East
Oil prices dipped on Thursday, reversing earlier gains made during the Asian trading session. This shift came as market participants…
June 11, 2025
News
Oil Prices Decline as Markets Evaluate Outcome of US-China Trade Negotiations
Oil prices showed a downward trend on Wednesday as markets awaited the outcome of U.S.-China trade negotiations. The weak demand…
June 11, 2025
News
EIA Reports US Oil Production Will Decrease Next Year for the First Time Since 2021
The U.S. Energy Information Administration (EIA) recently announced that U.S. crude oil production is expected to decline next year for…
June 11, 2025
News
EU Suggests Ban on Russian Oil Product Imports with $45 per Barrel Price Cap
The European Union has put forth a proposal to ban imports of refined oil products derived from Russian crude oil…
June 11, 2025
News
Japan Imports First Russian Oil Cargo Since 2023 to Boost Sakhalin LNG Operations
Japan’s Taiyo Oil has imported its first cargo of Russian oil since early 2023, taking delivery of 600,000 barrels of…
June 07, 2025
News
Traders Report Narrowest Discounts for Russian Urals Oil Prices in India Since 2022, Reuters Says
Discounts for Russian Urals crude oil destined for Indian ports have reached their narrowest levels since 2022, according to four…
June 07, 2025
News
FAO Food Price Index Falls in May Driven by Declines in Cereal, Sugar, and Vegetable Oil Prices
In May, the FAO Food Price Index, which tracks global food commodity prices, experienced a decline, primarily due to significant…
June 06, 2025
News
Asian Fuel Oil Imports from Iraq Reach Four-Month Peak in May, Reports Reuters AP Newsletters
In May, Asia’s fuel oil imports from Iraq surged to a four-month high, reaching a total of 910,000 metric tons,…
June 05, 2025
News
Saudi Arabia Lowers July Oil Prices to Asia to Lowest in Four Years Following OPEC+ Supply Increase
Saudi Arabia, the world’s leading oil exporter, has lowered its prices for Asian crude buyers to the lowest level in…