Tag: Oil
April 11, 2025
News
US Producers Grapple with Growth and Capital Decisions Amid Oil Prices Dropping Below $60
U.S. oil producers are grappling with challenging decisions regarding growth and capital returns, as oil prices have recently fallen below…
April 10, 2025
News
OPEC Sees Decline in March Oil Production Due to Sanctions Impacting Venezuela and Iran
In March, OPEC’s oil output witnessed a decline, primarily driven by drops in supply from Venezuela and Iran due to…
April 10, 2025
News
Oil Prices Decline Following Recent Surge Amid Escalating Trade Tensions Between US and China
Oil prices experienced a significant decline of nearly 3% on Thursday, driven by escalating fears surrounding the U.S.-China trade war…
April 10, 2025
News
Asia Fuel Oil: Spot Benchmarks Decline Amid Growing Concerns Over Bunker Demand
On Wednesday, spot fuel oil benchmarks exhibited a steady to softer trend, with attention focused on diminishing bunker demand concerns…
April 10, 2025
News
US Legislation Establishes Fund to Enforce Oil Sanctions Targeting Russia’s Deceptive Fleet
Legislation introduced on Wednesday by bipartisan U.S. senators aims to establish a fund specifically designed to enforce sanctions against Russia’s…
April 10, 2025
News
Russian Seaborne Oil Exports Decline 6% Despite Impacts of New Sanctions Being Minimal
In early January, the Biden Administration intensified efforts to limit Russian oil exports by imposing sanctions on over 180 ships…
April 09, 2025
News
Goldman Sachs Predicts Brent and WTI Oil Prices Across Various Future Scenarios
Goldman Sachs has provided forecasts for Brent and WTI crude oil prices, projecting that by December 2025, Brent will be…
April 09, 2025
News
US Oil and Gas Producers Anticipate Budget Reductions Due to Tariff Measures
US oil and gas producers are expected to reduce their capital budgets in response to tariffs imposed by the Trump…
April 09, 2025
News
Russian Western Ports Anticipate 6% Decline in Oil Loadings from April 1 to 15, 2023
Oil loadings from Russia’s western ports are expected to decline by approximately 125,000 barrels per day (bpd) during the first…
April 08, 2025
News
Russian Urals Oil Prices Hit Lowest Level of 2023 Amidst Collapse of Brent Prices
Russian Urals oil prices have plummeted to their lowest levels of 2023, driven by a significant decline in international benchmark…