Asia’s Diesel backwardation narrows; jet fuel Feb sales emerge
Have anything to say about this article?
You can report: fake news, misinformation, error, more information, additional data, etc.
CommentYour comment has been sent successfuly! Thank you.
Asia’s Diesel backwardation narrows; jet fuel Feb sales emerge
Asia’s diesel market structures eased for the first trading session this week, with February refiner spot activity staying brisk and jet fuel offers also emerging from northeast Asia. February spot discussions for 10ppm sulphur stayed upbeat offscreen, though refiner deals were mostly done in the d»»»
Oil slides over 3pc after Trump comments ease Iran fears
Oil prices fell more than three per cent on Thursday after US President Donald Trump said killings of demonstrators in nationwide protests in Iran were stopping, tempering concerns over military action against Iran and supply disruptions. Brent futures LCOc1 were down $2.19, or 3.3pc, at $64.33 a b»»»
"Screwing Us Over... Again": Shale Producers Furious Over Trump's Venezuela Plan To Lower Crude Prices
President Trump is meeting with oil bosses on Friday, but shale producers aren't necessarily happy about the development of driving crude prices down via expanding into Venezuela. In fact, independent U.S. drillers are warning President Donald Trump that his push to revive Venezuela’s oil industry »»»
Oil edges up as US demand supports prices, OPEC+ allays supply fears
Oil edges up as US demand supports prices, OPEC+ allays supply fears - US crude stocks fall 3.67 million barrels, signaling firm demand in world’s largest consumer Oil prices rose slightly on Wednesday after US crude inventories dropped, indicating resilient demand, while OPEC+ reassured markets th»»»
Oil Recovers from Multi-year Low but Brent Remains below $70
Oil prices were steady on Thursday, recovering slightly from a multi-year low, though Brent was still below $70 under pressure from trade tariffs between the US, Canada, Mexico and China and OPEC+ plans to raise output. Those factors and a larger than expected build in US crude inventories had sent»»»
Oil Updates — crude climbs from multi-year low, tariff concerns and rising supply weigh
SINGAPORE: Oil prices rose on Thursday after heavy sell-offs drove the market to a multi-year low, however tariff uncertainties and a rising supply outlook capped gains. Brent futures were trading up 39 cents, or 0.56 percent, at $69.69 a barrel by 7:16 a.m. Saudi time, while US West Texas Intermed»»»
Oil steadies after multi-day plunge but traders wary of tariff, supply impacts
Oil prices stabilized after recent declines due to potential easing of U.S. tariffs on Canadian crude. Investors remain cautious about ongoing tariffs on Mexico and the increased output from major producers. U.S. crude stockpiles rose significantly, while gasoline and distillate inventories fell am»»»
US slashes oil production forecast for 2020 by more than one million barrels per day
The US cut its 2020 oil production forecast by more than 1 million barrels a day, as collapsing crude prices and plummeting demand threaten to shutter production in the country’s biggest fields. Production is expected to average 11.76 million barrels a day through December, down from a previous for»»»
Oil prices fall as hopes for U.S.-China trade progress wilt
SEOUL - Oil prices fell on Thursday on concerns of lower fuel demand as talks this week between the United States and China, the world's two largest oil users, are not expected to help end the trade war between them, adding to anxieties about the global economy. China, the world's biggest oil impor»»»
Oil prices fall as hopes for U.S.-China trade progress wilt
SEOUL (Reuters) - Oil prices fell on Thursday on concerns of lower fuel demand as talks this week between the United States and China, the world’s two largest oil users, are not expected to help end the trade war between them, adding to anxieties about the global economy. China, the world’s biggest»»»
Have anything to say about this article?
You can report: fake news, misinformation, error, more information, additional data, etc.
Comment