Tag: Oil
June 05, 2025
News
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…
June 04, 2025
News
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…
May 25, 2025
News
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…
May 25, 2025
News
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…
May 10, 2025
News
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…
May 10, 2025
News
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…
May 09, 2025
News
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…
May 09, 2025
News
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…
May 09, 2025
News
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…
May 09, 2025
News
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…