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Aviation Fuel News Oil Politics Trade Transport

Singapore’s Dec jet fuel imports hit multi-year high on India, S. Korea supply

Singapore is a major trading and storage hub for refined fuel in Asia.

By Trixie Yap3 Jan 2025Reuters

Business Fuel News Oil Trade

Ample supply, slow demand to temper oil price gains in 2025

31 economists and analysts predicted that Brent crude would average $74.33 per barrel in 2025.

By Anushree Mukherjee and Brijesh Patel2 Jan 2025Reuters

FILE PHOTO: Miniatures of oil barrels and a rising stock graph are seen in this illustration taken January 15, 2024. REUTERS/Dado Ruvic/Illustration/File Photo

Business Economy News Oil Trade

Ample supply, slow demand to temper oil price gains in 2025

Oil prices are expected to remain around $70 a barrel in 2025 due to weak demand from China and increasing global supplies.

By Anushree Mukherjee and Brijesh Patel31 Dec 2024Reuters

FILE PHOTO: Very Large Crude Carriers (VLCCs) line up at the Port of Corpus Christi, where they are being loaded with crude oil for shipping worldwide, in this handout picture taken July 2022. Port of Corpus Christi/Handout via REUTERS/File Photo

Fuel News Oil Politics Trade

U.S. crude exports to Europe expected to fall in Jan as shipping economics weaken

The decline in stockpiles means U.S. barrels are being priced to stay at home.

By Georgina Mccartney, Arathy Somasekhar and Enes Tunagur19 Dec 2024Reuters

FILE PHOTO: U.S. President-elect Donald Trump speaks as he meets with House Republicans on Capitol Hill in Washington, U.S., November 13, 2024. REUTERS/Brian Snyder/File Photo

Business Economy News Oil Politics Regulations Trade

Trump plans no exemption for oil imports under new tariff plan, sources say

Trump's 25 per cent tariffs on Canadian and Mexican imports will include oil, despite concerns over energy price spikes.

By Jarrett Renshaw26 Nov 2024Reuters