Tag: oil prices

Why Oil Prices Are Falling Back?

gains being capped by the unexpected rise in US crude inventories US dollar volatility may have fueled forecasts calling for supply deficits last...

Scrubber Use Leaves HSFO in High Demand

High sulfur fuel oil has retained its hold on the global bunker market on the back of scrubber use, according to industry consultant Adrian Tolson,...

Crude Oil To Trade Around $70 Per Barrel in Q4

Oil pricing agency S&P Global Platts on Tuesday said it expects crude oil to trade around $70 per barrel by the fourth quarter, mentions...

BofA Could Propose An Oil Target of $100 in Cold Winter

  Crude oil storage tanks are seen from above at the Cushing oil hub, in Cushing, Oklahoma, March 24, 2016. Bank of America Global...

Oil Up By 1% Amid Slow Supply Return

About 80% of U.S. Gulf production still offline Tuesday Refineries resuming operations quicker Protests block two Libyan ports, engineer says Oil prices jumped on...

Saudis Reduce Oil Prices To Gain Asian Orders

Oil extended losses after Saudi Arabia slashed crude prices for Asian buyers. It is raising the prospect of fierce competition among sellers as...

Crude Oil Prices Are Way Higher, Says the Report

Indian refiners are increasingly boosting run rates amid new-found confidence that the revival in oil products demand growth is likely to be sustained. ...

Saudi Arabia Could Reduce Oil Prices for Asia

Refiners seek price cuts to reflect weak spot market. Views mixed on price outlook for heavier grades. Stronger fuel oil margins could support...

Global Average Scrubber Spread Falls To The Lowest Since January

The global average premium for VLSFO over HSFO has dropped below $100/mt for the first time since January. The spread fell to $99.50/mt...

Oil Price Predictions Bank On How Quickly Shale Production Resumes

oil price predictions bank on how quickly shale production resumes the challenges for shale producers in coming back up to speed is what...
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