Tag: Oil
April 06, 2025
News
Analysts suggest US tariffs may allow Trump more flexibility on oil sanctions due to economic impact.
The economic implications of the recent US tariffs could potentially provide President Donald Trump with greater leverage regarding oil sanctions…
April 06, 2025
News
Goldman Lowers Oil Price Projections Amid Tariff Concerns and Increased OPEC+ Supply
Goldman Sachs has adjusted its oil price forecasts, lowering its average price prediction for Brent crude in 2023 by 5.5%…
April 06, 2025
News
Tanker Prohibited from Transferring Russian Oil at Sea Near India, Sources Report
An aging tanker loaded with Russian oil has been barred from entering India, prompting it to transfer its cargo to…
April 06, 2025
News
Asia Fuel Oil: Spot Market Stabilizes as Cracks Experience Weekly Surge
The Asia fuel oil market experienced stable spot benchmarks as of Friday, with trade remaining thin. Despite the lack of…
April 06, 2025
News
Tanker Market: EU Crude Oil Imports Decline Since January 2025
Since the beginning of 2025, the EU’s crude oil imports have shown a noticeable decline. According to Banchero Costa, exports…
April 04, 2025
News
UBS Revises Oil Price Forecasts for 2025-27 Due to OPEC+ Adjustments
UBS has revised its oil price forecasts for the years 2025 to 2027 following OPEC+’s unexpected decision to increase oil…
April 04, 2025
News
Oil Prices Poised for Lowest Close Since Pandemic Low Amid Ongoing Trade War Concerns
Oil prices are on track to close at their lowest level since the peak of the COVID-19 pandemic in 2021,…
April 04, 2025
News
The Commodities Feed: OPEC+ Surprises Markets with Unexpected Increase in Oil Supply
The recent announcement from OPEC+ to increase oil supply has taken the markets by surprise, leading to a significant decline…
April 04, 2025
News
Singapore’s Fuel Oil Reserves Decline Yet Remain Above 21 Million Barrels
Singapore’s onshore fuel oil stockpiles experienced a slight decrease this week, yet they remain above the 21 million barrel mark,…
April 01, 2025
News
The Commodities Update: Oil Prices Surge Amid Secondary Tariff Threats
Oil prices experienced a notable increase yesterday, driven by escalating concerns regarding potential threats to global oil supplies. ICE Brent…