Thursday

26-06-2025 Vol 19

Tag: Oil

FUJAIRAH REPORT: Oil Product Inventories Hit Lowest Level in One Month

Oil product inventories at the UAE’s Port of Fujairah saw a significant decline of 5.9% in the week ending April…

Oil Price Predictions Cut Due to Concerns Over Potential Global Economic Slowdown

Oil price forecasts have experienced significant reductions as analysts anticipate weaker demand for the latter part of 2025. This decline…

Stability in Asia’s Fuel Oil Markets amid Low Trading Activity

The fuel oil markets in Asia experienced stability on Monday amidst a backdrop of limited trading activity. Discussions regarding spot…

Greek Shippers Reenter Russian Oil Market as Prices Fall Below G7 Cap, Sources Reveal

Greek shipowners are making a comeback in the Russian Urals oil market as prices have dipped below the G7-imposed price…

Baker Hughes Reports Second Consecutive Week of Rig Additions by US Oil and Gas Drillers

U.S. energy companies have recorded an increase in the number of oil and natural gas rigs for the second consecutive…

US Seeks to Enhance Offshore Oil Drilling by Relaxing Regulatory Pressure

The U.S. Interior Department announced on Thursday that it has established new guidelines aimed at increasing offshore oil drilling activities,…

Asia Fuel Oil Spot Premiums Decline as High Inventories Limit Price Gains

Spot premiums for fuel oil in Asia experienced a decline on Friday, primarily due to high inventory levels and modest…

Weekly Tanker Market Update: Iran’s Strong Oil Exports and Rising Challenges Ahead for 2025

Iran’s oil export strategy heavily relies on Kharg Island, which has accounted for an impressive 96.6% of all shipments and…

Three Additional Russian Insurers Request Approval from India to Insure Oil Tankers, Sources Report

Three additional Russian insurers have requested approval from India to provide marine insurance for oil shipments destined for Indian ports.…

Port of Rotterdam Sees Reduced Throughput in Q1 2025 Due to Decline in Oil Products

In the first quarter of 2025, total throughput in the port of Rotterdam experienced a significant decline of 5.8% compared…