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South Asia OPEC & Oil Prices News Monitoring

  • Published on Apr 8, 2025

    Asia Fuel Oil: Spot differentials stable, outright prices plummet

    Spot differentials for fuel oil were little changed on Monday as trading momentum was largely quiet, though outright prices fell after crude extended steep losses amid a global trade conflict. Singapore spot differential for very low sulphur fuel oil ( …

    Source: Hellenic Shipping News - Neutral
  • Published on Apr 7, 2025

    Govt Hikes Excise Duty On Petrol, Diesel As Oil Prices Crash In Global Market

    (MENAFN- IANS) New Delhi, April 7 (IANS) The government on Monday announced that it has increased excise duty on petrol and diesel by Rs 2 each, with effect from Tuesday, but there will be no increase in the retail prices of the two fuels as oil prices …

    Source: MENAFN - Uncategorized
  • Published on Apr 7, 2025

    OPEC+ Hikes Output as Trump Tariffs Rattle Global Markets

    Global oil prices suffered from the steepest decline in five years, as markets absorbed the dual shock of sweeping new U.S. trade tariffs and an unexpected oil production hike from the OPEC+ alliance of oil producers. Fears of a global economic slowdown, …

    Source: Arab Gulf States Institute in Washington - Neutral
  • Published on Apr 7, 2025

    India raises excise duty on petrol, diesel by 2 rupees per litre

    The Indian government on Monday (April 7) raised excise duty on petrol and diesel by ₹2 per litre, as per a notification issued by the Department of Revenue, Ministry of Finance. However, the government has clarified that despite an increase in excise duty …

    Source: Firstpost - Center-right
  • Published on Apr 5, 2025

    Asia Fuel Oil: Spot Market Rangebound While Cracks Post Weekly Jump

    Spot benchmarks for Asia fuel oil market were rangebound on Friday in thin trade, while refining cracks posted weekly increases amid steep losses in crude prices this week. Cash differentials for very low sulphur fuel oil (VLSFO) held at thin premiums over …

    Source: Hellenic Shipping News - Neutral
  • Published on Apr 7, 2025

    Trump Tariffs Aren’t The Only Bearish Blows For Global Oil Markets

    Oil worker in front of a pumpjack.getty U.S. President Donald’s Trump decision to impose trade tariffs on the country’s major and minor trading partners alike, and practically all nations in between has caused havoc in the global equity markets. Oil …

    Source: Forbes - Neutral
  • Published on Apr 7, 2025

    A third day of market turmoil over Trump tariffs — as it happened

    David Charter spells out how the president’s long-held fury at Beijing convinced him that tariffs were necessary.President Trump has hastened the international showdown that could define his presidency — conflict with China.His threat to levy an extra …

    Source: The Times - Center-right
  • Published on Apr 7, 2025

    Bearish oil, and its implications

    That the Trump administration is pushing for lower oil prices is a well known fact. But, how low is the question. US Energy Secretary Chris Wright, at the sidelines of the recent CERAWeek by S&P Global conference in Houston, said, “We certainly believe …

    Source: The Hindu Business Line - Neutral
  • Published on Apr 7, 2025

    Govt hikes excise duty on fuel amidst global price dip, no immediate retail impact

    Daijiworld Media Network - New Delhi New Delhi, Apr 7: In a strategic fiscal maneuver, the government today announced an increase in excise duty on both petrol and diesel by ?2 per litre, effective from Tuesday. However, consumers will not experience an …

    Source: Daijiworld News - Neutral
  • Published on Apr 7, 2025

    Pressure mounts on Govt for petrol, diesel price cut with Brent in free-fall

    Hitting an over three-year low of $62 a barrel last week, global crude oil prices are in a free fall which, coupled with an escalating trade war, is fuelling bearish sentiments on global demand. As oil prices slipped below $65 a barrel (bbl), pressure has …

    Source: The Hindu Business Line - Neutral
  • Published on Apr 7, 2025

    Trump escalates trade war with China as markets reel

    More than 50 countries have opened negotiations with the US to reduce tariffs, the administration has said as it announced the start of talks with Japan.Scott Bessent, the treasury secretary, wrote on X that President Trump had asked him to start talks to …

    Source: The Times - Center-right
  • Published on Apr 7, 2025

    Tankers: Can Oil Escape a Global Trade War?

    In the aftermath of Liberation Day, tanker market participants are still trying to evaluate the potential impact. In its latest weekly report, shipbroker Gibson said that “on Wednesday the 2nd of April, the much-anticipated Liberation Day came to pass. US …

    Source: Hellenic Shipping News - Neutral
  • Published on Apr 7, 2025

    Global Markets See Worst Drop Since 1997 Mimicking Black Monday Like Crash, Crude Oil Tumbles

    On Friday, April 4th, U.S. markets closed sharply lower, marking Wall Street’s second consecutive day of steep losses. The Nasdaq officially entered a bear market, while the Dow slipped into correction territory amid intensifying global trade tensions. …

    Source: Benzinga - Neutral
  • Published on Apr 7, 2025

    Oil Falls To $63 As U.S. Escalates Global Trade War

    Oil prices dropped sharply to $63 per barrel on Monday, pressured by escalating global trade tensions triggered by the United States and a looming supply glut as OPEC+ signals increased production. The price dip follows the U.S. administration’s decision …

    Source: Biz Watch Nigeria - Uncategorized
  • Published on Apr 7, 2025

    APAC stocks resume heavy selling with Hang Seng down double digits, European futures down over 4% - Newsquawk Europe ...

    US Commerce Secretary Lutnick said there is no postponing tariffs and April 9th tariffs are coming; tariffs are going to stay in place for days and weeks. US NEC Director Hassett said more than 50 countries have reached out to the White House to begin …

    Source: Zero Hedge - Label Pending
  • Published on Apr 7, 2025

    Stocks To Watch: ITC, Tata Motors, Nykaa, IndusInd Bank, ONGC, Tata Steel, And Others

    Last Updated:April 07, 2025, 08:19 IST Stocks to watch: Shares of firms like ITC, Tata Motors, Nykaa, IndusInd Bank, ONGC, Tata Steel, and others will be in focus on Monday's trade Stocks to watchStocks To Watch On April 7, 2025: Markets came under …

    Source: News18 - Center-right
  • Published on Apr 7, 2025

    Stock Market Today: Sensex, Nifty end 3% lower amid carnage on Dalal Street

    Sensex, Nifty 50 Today| Share Market Live: India’s benchmark stock indices, the Sensex and Nifty 50, ended with deep cuts on Monday, down 3% each. Barring HUL and Zomato, all stocks from the 50-pack Nifty closed with losses, with Trent, Tata Steel and JSW …

    Source: Mint - Neutral
  • Published on Apr 7, 2025

    Minimal impact of US tariffs on Sabah’s trade, says former CM

    KOTA KINABALU, April 6 — Sabah’s direct exports to the United States are so minimal that the tariffs of 24 per cent on Malaysian exports to America hardly affect Sabah’s international trade, said former chief minister Datuk Seri Yong Teck Lee. He pointed …

    Source: Malay Mail - Neutral
  • Published on Apr 6, 2025

    US tariffs little impact on Sabah

    Yong Teck Lee KOTA KINABALU (April 6): Sabah’s direct exports to the United States are so minimal that the tariffs of 24% on Malaysian exports to America hardly affect Sabah’s international trade, said former chief minister Datuk Yong Teck Lee. He pointed …

    Source: Borneo Post - Neutral

05 days 18:11:36

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