Tag: Crude Oil Market
Crude Oil Futures Are Falling Due To Strategic Petroleum Reserves
Crude futures traded lower in mid-morning trade in Europe on March 31.
Some market participants questioned whether this would in fact have a...
Biden Puts Pressure On US Shale Producers
The Biden administration is also pressuring domestic shale producers to do “whatever it takes” to increase supply and help lower oil prices.
But...
Biggest Weekly Gain Posted By Asia Fuel Oil VLSFO
A recent news article published in the Reuters states that Asia Fuel Oil VLSFO crack posts biggest weekly gain in over 1-1/2 years.
Asia's front-month...
Ukrainian Conflict Intensifies, Bunker Prices Surge
As the Ukrainian conflict intensifies, bunker prices are reflecting the escalation in oil prices.
Marine gasoil breaching $1,000 per tonne in the major...
SPR Release Contemplated By White House, Oil Price Nears $100/b
Russia-Ukraine risks keep oil prices elevated
DOE offered 50 million barrels in November
US SPR inventory falls to lowest in 19 years
A recent...
Putin Assures Uninterrupted Supplies Of Gas And LNG To Global Markets
Putin speaks after escalation of Ukraine conflict
Gas prices retreat on potential Russia-US summit
A recent news article published in the Platts states that...
Crude Oil Plunges To $2/b, Iran Deal Gets Closer
Crude oil futures were sharply lower in mid-morning Asian trade Feb. 17 as Iranian nuclear talks were nearing a deal.
While US crude...
Analysts Wonder How Long The Oil Price Will Last?
Speculation is rife about whether oil prices will reach $100 this Spring.
A significant increase in U.S. crude production could put downward pressure...
Asia’s Oil Demand To Grow 1.5 Million b/d In 2022
Platts Analytics expects Asia's oil demand to grow 1.5 million b/d in 2022
Asia pump prices rising fast, oil import bills add to...
Possible OPEC+ Supply Boost, Oil Price Still Unchanged
Goldman sees 'growing potential' for faster OPEC+ output hike
U.S. crude inventories expected to rise in weekly reports
Crude's physical market and structure...