Heavy Crude Market Shifts due to Shrinking Canadian Discounts and Venezuelan Supply Disruptions according to RBN Energy.
March 24, 2025
The week ending Mar. 21 marked by fluctuating prices influenced by geopolitical tensions, economic indicators, and OPEC+ supply decisions.
March 23, 2025
Barclays has significantly reduced its Brent Crude price forecast for 2025 to $74/b, a $9 decrease from its previous prediction, citing a 510K b/d drop in expected demand growth due to economic uncertainties.
March 22, 2025
US oil executives, while welcoming President Trump's pro-energy stance and deregulation efforts, harbor concerns about his push for lower oil prices.
March 22, 2025
The Trump administration is prioritizing Alaskan energy development and reversing prior Biden administration restrictions.
March 22, 2025
Privately-managed Chinese ports are facilitating Russian oil imports despite US sanctions, employing sanctioned tankers and ship-to-ship transfers.
March 22, 2025
OPEC+ producers, Saudi Arabia, Iraq, and Qatar, lower Asian crude prices amid supply increase and market competition.
March 17, 2025
Crude oil futures experienced a turbulent week of price fluctuations, driven by a complex interplay of economic anxieties, escalating trade tensions, and evolving geopolitical events.
March 16, 2025
President Trump's fluctuating tariff policies, particularly those affecting trade with Mexico and Canada, have created significant uncertainty and concern within the energy industry
March 16, 2025
bp boss Murray Auchincloss has defended the company's decision to increase fossil fuel production and revise its renewable energy targets, citing positive feedback from investors.
March 16, 2025
