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A service for global professionals · Monday, May 5, 2025 · 809,462,624 Articles · 3+ Million Readers
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Singapore OPEC Newswire

  • Published on May 4, 2025

    Oil drops more than $2/bbl as OPEC+ accelerates output hikes

    By Florence Tan SINGAPORE (Reuters) -Oil prices fell more than $2 a barrel in early Asian trade on Monday as OPEC+ is set to further speed up oil output hikes, spurring concerns about more supply. Brent crude futures dropped $2.04 a barrel, or 3.33%, to $ …

    Source: Yahoo Finance - Pending
  • Published on May 3, 2025

    Gasoline margin gains on firm demand; Singapore stocks fall

    Asia’s gasoline refining profit margin traded above $11 per barrel on Friday, as firm demand supported market sentiment heading into the summer. Window demand for the higher 95-octane grade of gasoline remained robust for a fourth straight session, market …

    Source: Hellenic Shipping News - Neutral
  • Published on May 3, 2025

    Asia Fuel Oil: Spot HSFO slips into discount despite cracks’ strength

    Asia’s spot differential for high sulphur fuel oil (HSFO) slumped into discounts on Friday, despite recent strength in refining cracks. The market in Asia remains amply supplied, with plentiful cargo availability from the Middle East and Russia, trade …

    Source: Hellenic Shipping News - Neutral
  • Published on May 2, 2025

    Oil companies to implement P0.80/l rollback next week

    Consumers can expect a rollback in pump prices next week by as much as P0.80 per liter, following two consecutive weeks of oil price hikes. Department of Energy Oil Industry Management Bureau (OIMB) Director Rodela Romero said that based on four-day …

    Source: Manila Standard - Pro-Government
  • Published on May 2, 2025

    Middle East Crude-Benchmarks rebound; focus on OPEC+ meeting

    Middle East crude benchmark spot premiums of Oman, Dubai and Murban rose on Friday, following a sharp decline earlier in the week that sent them to a seven-week low. A threat from U.S. President Donald Trump to impose secondary sanctions on buyers of …

    Source: Hellenic Shipping News - Neutral
  • Published on Apr 30, 2025

    Middle East Crude-Benchmarks slide further as oil prices fall

    Middle East crude benchmarks Oman, Dubai and Murban fell further on Wednesday as oil prices extended declines to the lowest level in over two weeks. Both Brent and WTI were set for their largest monthly drop in almost three and a half years as the global …

    Source: Hellenic Shipping News - Neutral
  • Published on Apr 30, 2025

    Oil on track for biggest monthly fall in three years

    Singapore — Oil prices extended declines on Wednesday and were set for their largest monthly drop in more than three years as the global trade war eroded the outlook for fuel demand, while fears of mounting supply also weighed. Brent crude futures fell by …

    Source: Business Day - Neutral
  • Published on May 3, 2025

    Asia Distillates: Window activity picks up, gasoil premium firms

    Asia’s middle distillates markets logged more window trading activity on Friday, with gasoil cash premiums edging higher amid stronger-priced trades. The cash differential for 10ppm sulphur gasoil traded at 90 cents per barrel, with more bids emerging for …

    Source: Hellenic Shipping News - Neutral
  • Published on May 2, 2025

    U.S.-Iran Nuclear Talks Delayed Amid Sanctions, Explosions, and Leadership Shake

    Politics, Geopolitics & Conflict - The fourth round of indirect nuclear negotiations between the U.S. and Iran, initially scheduled for May 3 in Rome, has been postponed. While Omani officials cited logistical reasons, Iranian authorities say the delay …

    Source: Oil Price - Neutral
  • Published on May 2, 2025

    Futures Rise Ahead Of Payrolls After China Hints At Trade Talks

    US equity futures gained ahead of the April Payolls report, but were well of their highs, after China said it is assessing the possibility of trade talks with the US, the first sign that negotiations could begin between the two sides since Donald Trump …

    Source: Zero Hedge - Right-wing
  • Published on May 2, 2025

    Gasoline, diesel, prices set for rollback next week

        Motorists can expect some relief at the gas pumps, as fuel price rollbacks are anticipated in early May. Based on the four-day trading average of Mean of Platts Singapore (MOPS), gasoline is projected to go down by around ₱0.25 to ₱0.70 per liter, …

    Source: Manila Bulletin - Pro-Government
  • Published on Apr 30, 2025

    BP p.l.c. (NYSE:BP) Q1 2025 Earnings Call Transcript

    BP p.l.c. (NYSE:BP) Q1 2025 Earnings Call Transcript April 29, 2025 BP p.l.c. misses on earnings expectations. Reported EPS is $0.53 EPS, expectations were $0.56. Craig Marshall: Welcome everybody to BP’s First Quarter 2025 Results Call. We will be …

    Source: Insider Monkey - Neutral
  • Published on Apr 30, 2025

    Middle East Crude-Benchmarks extend declines; Dubai, Murban at seven-week low

    Middle East crude benchmarks extended their downward trend on Tuesday, spot premiums for Dubai and Murban fell to their lowest in seven weeks. Sell-offs continued among investors who eyed rising supplies after reports of OPEC+ considering another output …

    Source: Hellenic Shipping News - Neutral
  • Published on Apr 30, 2025

    The good, the bad and the ugly in tankers

    With trade policy chaos causing spikes in blood pressure but slumps in most other indices, the Baltic Dirty Tanker Index bucked the trend with a 15% increase between March 24 and April 24. The charge was led by aframaxes, with the Baltic Exchange’s aframax …

    Source: Splash 247 - Neutral
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  • Published on May 4, 2025 - 12:01 GMT

    India insulates itself from oil shocks

    (MENAFN) India is making strategic moves to protect itself from global oil market volatility, with crude imports from the US reaching a 27-month high in April 2025. This shift toward dependable suppliers comes amid sanctions on Venezuela and Iran. …

    Distribution channels: ...
  • Published on May 2, 2025 - 08:27 GMT

    Economic Bulletin Issue 3, 2025

    Summary At its meeting on 17 April 2025, the Governing Council decided to lower the three key ECB interest rates by 25 basis points. In particular, the decision to lower the deposit facility rate – the rate through which the Governing Council steers the …

    Distribution channels: Banking, Finance & Investment Industry
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