• Asian demand for WAF crude oil weak, despite softer Brent

    Asian demand for WAF crude oil weak, despite softer Brent/Dubai premium: sources S&P Global Platts Asian demand for West African crudes has been weak for July barrels despite a slight fall in the Brent/Dubai premium in the past few days, as Chinese demand remained low on weak refining margins and high crude stocks.

  • Oil p falls despite weak dollar, as fuel demand wavers

    06/08/2020· London — Oil ps slipped just below five-month highs on Thursday, with support from a weak dollar and falling US crude inventories undermined by bearish sentiment about fuel demand. Brent

  • The weak dollar is the 'only support' for oil ps

    03/09/2020· On Thursday, international benchmark Brent crude oil futures were trading around $44.50 a barrel at 10:36 a.m. HK/SIN, while U.S. West Texas Intermediate futures were around $41.65 a barrel.

  • 作者: Huileng Tan
  • OPEC Cuts Oil Demand Forecast For 2020, Again

    14/09/2020· Brent Crude • 10 mins: 39.66 -0.17 the speed of recovery in economic activities and oil demand growth potential in Other Asian countries, including India, remain uncertain.” OPEC also

  • Saudi Arabia to keep pumping despite fall in crude ps

    Brent crude oil recovered from below $20 a barrel in April to a six-month high near $46 a barrel in August, as the cuts took effect and demand picked up after government lockdowns eased.

  • Second wave of floating storage triggered by ailing oil

    09/09/2020· Brent crude oil futures are languishing around $40 a barrel after posting their biggest weekly decline since June. “The market is soft and bearish and floating storage is returning again,” a

  • Oil markets: Saudi Arabia, coronavirus

    07/09/2020· Brent crude was at $42.21 a barrel, down 45 cents or 1.1% by 0439 GMT, after earlier sliding to $41.51, the lowest since July 30. U.S. West Texas Intermediate crude skidded 51 cents, or

  • Crude oil ps record gains, as Iraq pledges to curb

    Crude oil ps continued to decline at Asia’s trading session on Friday. The surprising surge in U.S. crude oil stockpiles, and sluggish demand in gasoline, enabled oil traders to retreat from making bullish bets. At the time of this report, Brent oil futures dropped 0.35% to trade at $39.9 and WTI futures were down 0.05% to trade at $37.28

  • How to Trade Oil: Crude Oil Trading Strategies & Tips

    Crude oil is ranked among the most liquid commodities in the world, meaning high volumes and clear charts for oil trading.; Oil traders should understand how supply and demand affects the p of

  • OPEC+ plans to pump more crude into a precarious global

    Global oil markets have swung into deficit after months of surplus, with demand exceeding supply in July by about 2 million barrels a day, according to Rystad Energy A/S, a consultant based in

  • asian demand for waf crude oil weak despite softer brent

    Tankers: WAF VLCC freight rates hit by weak Persian Gulf . Tankers: WAF VLCC freight rates hit by weak Persian Gulf Subscribe. Rates for VLCCs in West Africa have fallen because of weakness in the Persian Gulf market and despite strong demand for February loading dates amid a bust of buying of the region''s heavy crudes by Asian refiners, sources said.

  • The weak dollar is the 'only support' for oil ps

    03/09/2020· On Thursday, international benchmark Brent crude oil futures were trading around $44.50 a barrel at 10:36 a.m. HK/SIN, while U.S. West Texas Intermediate futures were around $41.65 a barrel.

  • Asian Demand for Nigerian Crude Declines EnergyNews

    And except it gets buyers soon, the implementation of 2015 budget will be in deficit as demand for Nigeria’s crude drops in the Asian market. According to Platts, a leading global provider of energy, demand from Asian buyers especially India, the biggest buyer of Nigerian crude has been on the decline, and traders expect more Nigerian crude to land in Europe in the coming months.

  • Oil production will not return despite pick-up in demand

    24/08/2020· Andy Lipow from Lipow Oil Associates expects Brent crude ps at $50/barrel by the end of the year, highlighting a mixed picture of demand from Asia

  • Covid-19 Impact On Oil Rate Crude Oil P Holds Above

    04/09/2020· Crude oil held above the $44 per barrel mark on Friday and was on course for its biggest weekly decline since June as weak demand figures added to concern over a

  • Second wave of floating storage triggered by ailing oil

    09/09/2020· Brent crude oil futures are languishing around $40 a barrel after posting their biggest weekly decline since June. “The market is soft and bearish and floating storage is returning again,” a

  • OPEC+ plans to pump more crude into a precarious global

    Global oil markets have swung into deficit after months of surplus, with demand exceeding supply in July by about 2 million barrels a day, according to Rystad Energy A/S, a consultant based in

  • New swings for West African crudes Oxford Institute for

    at least a decade, PADD3 imports of light crude oil fell below 1 million b/d. The structural change had begun. By the end of 2013, crude imports from West Africa into the USGC had fallen to zero from a peak of over 1.3 million b/d in 2007, with imports now directly linked to Brent–LLS differentials. WAF barrels are only attracted

  • Crude oil ps record gains, as Iraq pledges to curb

    Crude oil ps continued to decline at Asia’s trading session on Friday. The surprising surge in U.S. crude oil stockpiles, and sluggish demand in gasoline, enabled oil traders to retreat from making bullish bets. At the time of this report, Brent oil futures dropped 0.35% to trade at $39.9 and WTI futures were down 0.05% to trade at $37.28

  • Crude Reality Of Dire Demand Sends Oil 9% Lower

    14/04/2020· Crude Reality Of Dire Demand Sends Oil 9% Lower Despite Historic OPEC+ Deal Gaurav Sharma Senior Contributor Opinions expressed by Forbes Contributors are their own.