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Asian Demand For Waf Crude Oil Weak Despite Softer Brent

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Oil falls after Saudi price cuts

Oil falls after Saudi price cuts

 · NEW YORK : Oil prices fell on Monday after Saudi Arabia's sharp cuts to crude contract prices for Asia revived concerns over the demand crude futures fell 39 .

Brent oil price passes 70 on OPEC projections of a ...

Brent oil price passes 70 on OPEC projections of a ...

 · Brent oil price passes 70 on OPEC projections of a tightening crude market. By Elizabeth Low on 6/1/2021. (Bloomberg) Brent oil advanced above 70 a barrel after the OPEC+ alliance forecast a ...

Oil steadies after selloff but European lockdowns hurt ...

Oil steadies after selloff but European lockdowns hurt ...

 · Brent crude ended the session up 9 cents or % at a barrel, while oil for delivery in April fell 13 cents, or %, to settle at a barrel as it expired.

Softer oil prices weigh on local sentiment | The Edge Markets

Softer oil prices weigh on local sentiment | The Edge Markets

 · KUALA LUMPUR: Oil prices fell sharply yesterday, with the US crude briefly dipping below US20 (RM87) and Brent hitting its lowest level in 18 years, on heightened fears that the global Covid19 shutdown could last for months and the demand for fuel is likely to be softer than expected. The stance of not backing down between Saudi Arabia and Russia coupled with the global transport ...

Our demand for one crude, one price continues: IOC ...

Our demand for one crude, one price continues: IOC ...

 · Our demand for one crude, one price continues: IOC Chairman. The fallout of the Covid19 pandemic and the current geopolitical situation have led to a major shift in how the oil .

Unplaced Nigerian Crude Expected to Flow ...

Unplaced Nigerian Crude Expected to Flow ...

 · A glut of unplaced Nigerian crude is expected to flow to Europe hoping to find end user demand after weak buying from Asia for Nigerian and West African light sweet crudes over the past month has left a large overhang of March, April and May cargoes. Demand from Asian buyers especially India, the biggest buyer of Nigerian crude, has been on the ...

China's oil imports surge as Brent cracks 70

China's oil imports surge as Brent cracks 70

 · China's oil imports surge as Brent cracks 70. China's crude oil imports surged 28% yearonyear to million barrels per day (b/d) in February. This was .

Oil Down After Deep Saudi Price Cuts Spur Demand Concerns

Oil Down After Deep Saudi Price Cuts Spur Demand Concerns

 · Oil down after deep Saudi price cuts spur demand concerns Brent crude futures for November fell 66 cents, or percent, to per barrel by 0930 GMT. Reuters

Commodity Weekly: Crude Oil Frets Geopolitics, Sluggish ...

Commodity Weekly: Crude Oil Frets Geopolitics, Sluggish ...

 · Wheat is also finding a weatherrelated bid while soybeans remain troubled by USChina tensions hurting the prospect for Chinese demand. crude oil .

Oil prices drop amid faltering demand outlook in China ...

Oil prices drop amid faltering demand outlook in China ...

 · Oil prices drop amid faltering demand outlook in China. Brent crude LCOc1 was down 75 cents, or %, at a barrel by 0442 GMT. General view of Nahr Bin Umar oil field, as workers spray disinfectant as a preventive measure against coronavirus, north of Basra, Iraq March 15, 2020. Image used for illustrative purpose. REUTERS/Essam Al ...

Asia calm despite looming risks to Middle East oil supply ...

Asia calm despite looming risks to Middle East oil supply ...

 · Asia is particularly sensitive to this risk given its heavy reliance on the Middle East for crude oil supply. More importantly, this supply travels through the Strait of Hormuz a narrow strait between the Persian Gulf and the Gulf of Oman, which provides the only passage from the Persian Gulf to the open ocean.

New swings for West African crudes

New swings for West African crudes

European refinery appetite for WAF light sweet crude. Broadly, WAF differentials have stayed rangebound between a 1 and 3 premium to Dated Brent since 2011, with the ebb and flow of refining demand and geopolitical supply outages determining the differentials. A constant string of outages in the WAF itself – in the

Oil extends losses after Saudis cut contract prices for Asia

Oil extends losses after Saudis cut contract prices for Asia

 · Brent crude futures for November fell 66 cents, or %, to a barrel by GMT. US West Texas Intermediate crude for October was .

Oil settles lower, pares losses despite weak economic data ...

Oil settles lower, pares losses despite weak economic data ...

 · Reuters. NEW YORK — Oil prices settled lower on Monday, paring steep losses on weak Chinese economic data after sources told Reuters that OPEC and its allies believe the markets do not need more oil than they plan to release in the coming months. Brent crude settled down, or %, at a barrel after earlier falling to

Oil falls 1 after deep Saudi price cuts spur demand concerns

Oil falls 1 after deep Saudi price cuts spur demand concerns

 · SINGAPORE (Businesshala) – Oil prices fell by nearly 1 on Monday after the world's top exporter Saudi Arabia slashed crude contract prices for Asia over the weekend, spurred on by wellsupplied global markets and markets. Reflects concerns over the demand outlook.

Crude Oil Pricing Optionality and Contracts for Difference

Crude Oil Pricing Optionality and Contracts for Difference

have to adjust lower, and the BrentDubai spread has to narrow (see Figure 2), to make Brentpriced crudes more attractive in Asia, compared to Dubaipriced crude exports from the Gulf. As demand recovers, physical differentials strengthen relatively fast, and so do the BrentDubai spreads to keep WAF crudes in the Atlantic basin. Despite the ...

Oil falls US1 after deep Saudi price cuts spur demand ...

Oil falls US1 after deep Saudi price cuts spur demand ...

 · Brent crude futures for November fell 98 cents, or %, to a barrel by 0613 GMT while West Texas Intermediate crude for October was at a barrel, down 95 cents, or %.

Tuesday Asian stocks mixed amid rising oil prices, Chinese ...

Tuesday Asian stocks mixed amid rising oil prices, Chinese ...

 · Tuesday Asian stocks mixed amid rising oil prices, Chinese real estate debt issues Tokyo's Nikkei 225 posts decline of %, Hong Kong's .

Spot Asia jet prices weaken, paper cracks hit 2wk high

Spot Asia jet prices weaken, paper cracks hit 2wk high

 · Despite that, paper cracks firmed for the third successive day as traders expect increased demand for jet fuel as the global economy recovers. Frontmonth cracks rose /b to /b while Q4 cracks rose /b to, according to Quantum data, the highest level in more than two weeks.

Energy crisis fuels commodity rally despite growth concerns

Energy crisis fuels commodity rally despite growth concerns

 · Energy crisis fuels commodity rally despite growth concerns. by Ole Hansen, head of commodity strategy, Saxo Bank October 21, 2021. October 23, 2021. The monthlong runup in commodity prices shows no sign of easing with the main engine continuing to be the global energy crisis and its direct impact on other sectors, not least the energy ...

WTI Crude Oil Price Analysis for May 11, 2021

WTI Crude Oil Price Analysis for May 11, 2021

 · Oil futures gained ground yesterday after the markets learned that fuel demand is rising in the United States despite the COVID19 pandemic. Brent crude oil futures rose by % during the session, closing at the level. Similarly, West Texas Intermediate crude oil futures gained % and closed the session at the level.

HSFO paper arb widens to sixweek high on Asia power demand

HSFO paper arb widens to sixweek high on Asia power demand

 · HSFO paper arb widens to sixweek high on Asia power demand. ... Crude Oil. 42min ago. Libya pipeline leak knocks out 200k bpd supply from Es Seder ... 2h ago. Oil futures: Prices softer following US stocks build, Brent dips below 85/b. Crude Oil Refined Products. 2h ago. Singapore Hi5 spread hits new year highs as residual demand ...

Oil Futures Advance on Softer USD Ahead of OPEC+ Meeting ...

Oil Futures Advance on Softer USD Ahead of OPEC+ Meeting ...

 · WASHINGTON (DTN) Oil futures nearest delivery on the New York Mercantile Exchange and Brent crude traded on the Intercontinental Exchange settled Friday's session higher, sending the crude benchmark towards 76 barrel(bbl) as traders positioned ahead of a highlyanticipated policy meeting among Organization of the Petroleum Exporting Countries and Russialed partners, with a .