Thursday

26-06-2025 Vol 19

Tag: Oil

Oil Prices Decline Due to US Stockpile Increase and Saudi Arabia’s Price Reductions

Oil prices experienced a slight dip on Thursday, influenced by a rise in U.S. gasoline and diesel stocks, alongside Saudi…

Global Oil Refiners Experience Short-Term Margin Increase, Reports Reuters and AP Newsletters

Refiners worldwide are currently enjoying a surge in profits due to strong fuel margins, providing a temporary boost for a…

Rising Oil Stocks May Signal Bad News for Prices: Impacts on Land and Sea Trade

The rise in oil inventories stored both on land and at sea has recently surged, presenting an alarming indication of…

Platts Adds SA Horizon FSU to Singapore Fuel Oil Cargo, Ex-Wharf Bunker MOC from May 22

Platts, a division of S&P Global Commodity Insights, has added the vessel SA Horizon as a new loading point in…

OPEC’s April Oil Production Declines Despite Planned Increase, According to Recent Survey Results

OPEC’s oil production saw a slight decline in April, despite a planned increase in output as reported by a recent…

Asia Fuel Oil Market Remains Stable Amid Light Trading and Surge of Orders

Asia’s spot fuel oil markets exhibited a stable demeanor on Friday amidst a quiet trading atmosphere, despite a notable influx…

EIA Reports Increased Oil Price Volatility Due to Higher OPEC+ Output and Tariff Uncertainty

The U.S. Energy Information Administration (EIA) highlights that increasing output from OPEC+ and uncertainty surrounding tariff policies have led to…

Oil Prices Rise Ahead of Upcoming Sino-U.S. Trade Negotiations

Oil prices experienced an uptick on Friday, following a nearly 3% rise in the previous session. This increase comes as…

Saudi Arabia’s Output Shift: The Timeliness Reflected in the Oil Market ‘Smile’ Analysis

Recent shifts in the oil market suggest that Saudi Arabia’s decision to increase production after five years of output cuts…

China’s Oil Industry Maintains Low Hopes for US Trade Talks Amid Ongoing Tensions

Chinese oil and chemical companies remain cautious as uncertainties in US-China trade relations persist despite high-level talks scheduled for this…