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A service for international trade professionals · Thursday, May 15, 2025 · 812,820,824 Articles · 3+ Million Readers
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Singapore Organization of the Petroleum Exporting Countries (OPEC) News Monitoring

  • Published on 05:52 GMT

    OPEC expects slower 2025 oil supply growth

    Crude Oil Price Movements In April, the OPEC Reference Basket (ORB) value declined by $5.02, or 6.8%, m-o-m, to average $68.98/b. The ICE Brent front-month contract declined by $5.01, or 7.0%, m-o-m, to average $66.46/b, and the NYMEX WTI front- …

    Source: Hellenic Shipping News - Neutral
  • Published on May 14, 2025

    Oil eases on rising supply concerns

    Oil prices eased yesterday from a two-week high, weighed down by concerns about rising supplies and some caution over whether the pause in the US-China trade war indicated a longer-term deal was likely. Brent crude futures dropped 11 cents, or 0.2 per cent …

    Source: Gulf Daily News Online - Pro-Government
  • Published on 05:51 GMT

    Saudi oil supply to China set to stay at one-year high in June, sources say

    Saudi Arabia’s crude oil supply to China will hold steady in June after hitting the highest in more than a year in the previous month, trade sources said on Tuesday, following OPEC+ decision to increase output. State oil firm Saudi Aramco, opens new tab …

    Source: Hellenic Shipping News - Neutral
  • Published on 05:52 GMT

    Middle East Crude-Benchmarks fall to one-week low amid supply pressure

    Middle East crude benchmark spot premiums of Oman, Dubai and Murban moved lower for a second consecutive session on Wednesday to about one-week lows, as ample supply weighed. Market has been under pressure under OPEC+ decision to boost output in May and …

    Source: Hellenic Shipping News - Neutral
  • Published on 06:06 GMT

    Asia Middle Distillates: Jet cash differentials slip to one-month low; June jet fuel offers emerge

    Asia’s middle distillates markets recorded upbeat spot activity both on window and offscreen, with spot deals resurfacing for both diesel and jet fuel, as jet cash markets fell to one-month lows against a backdrop of June refiner sales activity. June spot …

    Source: Hellenic Shipping News - Neutral
  • Published on May 14, 2025

    3 Energy stocks powering ahead even as oil prices dip

    Oil prices have been sliding. Brent crude, which averaged US$ 79 per barrel in FY25, is now hovering at US$ 60–66. A large part of this is weighed down by global tariff wars, OPEC+ production surprises, and growing fears of a supply surplus. On paper, this …

    Source: Financial Express - Neutral
  • Published on May 14, 2025

    Middle East Crude-Benchmarks decline; Saudi June allocation to China steady at over one-year high

    Middle East crude benchmark spot premiums of Oman, Dubai and Murban moved lower on Tuesday after registering a weekly gain previously, as ample supply weighs on the market. Saudi Arabia’s crude oil supply to China will hold steady in June after hitting the …

    Source: Hellenic Shipping News - Neutral
  • Published on May 14, 2025

    Oil Holds Four-Day Gain Spurred by Trade Optimism, Iran Remarks

    “Trade optimism and Iranian sanction threats have provided strong tailwinds to the oil market,” said Warren Patterson, Singapore-based head of commodities strategy at ING Groep NV.  “However, as the tariff story fades, attention will likely turn back to …

    Source: Financial Post - Center-right
  • Published on May 14, 2025

    Oil falls as traders note jump in US crude stockpiles

    By Seher Dareen LONDON (Reuters) -Oil prices fell on Wednesday as traders eyed a potential jump in U.S. crude inventories, awaiting official weekly data later in the day and OPEC's monthly oil report. Brent crude futures (BZ=F) fell 76 cents, or around …

    Source: Yahoo Finance - Pending
  • Published on May 13, 2025

    Oil slips as worry about increased supply counters US-China trade relief

    Singapore — Oil prices eased on Tuesday from a two-week high, weighed down by concerns about rising supply, despite earlier optimism over the pause in the US-China trade war after both countries temporarily cut tariffs. Brent crude futures dropped 22c, or …

    Source: BusinessLIVE - Pending
  • Published on May 12, 2025

    Trump Gulf trip promises good news for US business

    This article is an on-site version of our The Week Ahead newsletter. Subscribers can sign up here to get the newsletter delivered every Sunday. Explore all of our newsletters here Hello and welcome to the working week. The White House spray tan team can …

    Source: The Financial Times - Neutral
  • Published on May 10, 2025

    Weekly Commentary: Asian-Crisis-In-Reverse Feel

    Image Source: Pixabay Sure got the old neck stuck out this time. Markets have rallied, financial conditions have loosened, and debt markets have reopened. I’m not dissuaded. The great Bubble is in trouble. It was 15 months from the June 2007 (subprime …

    Source: myMotherLode - Pending
  • Published on May 10, 2025

    Middle East Crude-Benchmarks rise, post weekly gains

    Middle East crude benchmark spot premiums of Oman, Dubai and Murban ticked up on Friday and posted gains on a weekly basis amid firm demand. Meanwhile, oil market sentiment improved this week with macro news such as a new trade agreement hammered out …

    Source: Hellenic Shipping News - Neutral
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  • Published on May 13, 2025 - 19:23 GMT

    Fighting on All Fronts: Attorney General Bonta Files Motion to Stop President Trump’s Destructive Tariffs

    Economic chaos, higher prices, lower wages, empty shelves — California is bracing for impact OAKLAND — California Attorney General Rob Bonta and Governor Gavin Newsom will today file a motion for preliminary injunction with the U.S. District Court for the …

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  • Published on May 13, 2025 - 17:45 GMT

    China Removes Ban on Boeing Deliveries

    (MENAFN) China has rescinded a month-long embargo on the acceptance of Boeing aircraft deliveries, following a breakthrough in trade discussions with the United States, the media reported on Tuesday. The recent progress in negotiations resulted in a …

    Distribution channels: ...
  • Published on May 12, 2025 - 20:01 GMT

    Assertio Reports First Quarter 2025 Financial Results

    First Quarter Total Net Product Sales of $26.0 Million, In Line with 2025 Outlook Provides Update on Long-Term Business Strategy Designed to Create Sustainable Near-Term Growth and Increased Long-Term Value LAKE FOREST, Ill., May 12, 2025 (GLOBE NEWSWIRE) …

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  • Published on May 11, 2025 - 08:50 GMT

    German Industry Is at Risk Amid US, China Trade War

    (MENAFN) A new analysis published by Allianz Trade on Friday suggests that the ongoing trade conflict between the United States and China could lead to considerable job losses within Germany's industrial sector. The study highlights the potential …

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