Tag: Oil
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…
April 08, 2025
News
Saudi Arabia Lowers May Oil Prices to Lowest in Four Months Ahead of OPEC+ Supply Increase
Saudi Arabia, recognized as the world’s leading oil exporter, has announced a significant reduction in crude oil prices for Asian…
April 08, 2025
News
Kremlin Attributes Declining Oil Prices to Tensions in the Global Economic Landscape
Oil prices are a crucial indicator of Russia’s economic stability, and the Kremlin is keeping a watchful eye on recent…
April 08, 2025
News
Citi Reduces 0-3 Month Brent Oil Forecast to $60/Barrel Due to Tariff Shock Impacts
Citi Research has adjusted its forecast for Brent crude oil prices, lowering the 0-3 month projection to $60 per barrel.…
April 08, 2025
News
Palm Oil Prices Decline Amidst Falling Soyoil and Crude Oil Values
Malaysian palm oil futures experienced a notable decline, reaching a 10-week low on Monday. This downturn was primarily driven by…
April 07, 2025
News
Saudi Arabia urges OPEC+ to boost oil production as a penalty for rule-breaking cheaters.
Saudi Arabia’s frustration with overproducing nations like Kazakhstan has prompted a significant shift in the OPEC+ oil group’s strategy. Recently,…