LONDON/SINGAPORE/NEW YORK, June 22 Crude oil
values in many parts of the world are rising on stronger demand
and tighter supply, suggesting physical markets are catching up
with a futures rally and providing more fundamental support for
prices, traders and analysts say.
LONDON/SINGAPORE/NEW YORK Crude oil values in many parts of the world are rising on stronger demand and tighter supply, suggesting physical markets are catching up with a futures rally and providing more fundamental support for prices, traders and analysts say.
SINGAPORE, June 21 Oil prices nudged up on
Monday, underpinned by strong demand during the summer driving
season and a pause in talks to revive the Iran nuclear deal that
could indicate a delay in resumption of supplies from the OPEC
SINGAPORE (Reuters) -Brent crude's premium to Dubai quotes rose on Friday to the highest in 21 months on the back of stronger demand this summer, effectively keeping Atlantic Basin grades out of Asia's reach, according to traders and Refinitiv data.
* U.S. shipments could nearly double to just under 1 mln T
SINGAPORE, June 17 Asia is expected to see at
least a 25% jump in western naphtha supplies in July, mainly
from a near doubling of volumes from the Americas, according to
estimates from three Singapore-based traders and Refinitiv on
SINGAPORE Asian refiners are paying the highest premiums for Middle East and Russian crude oil in about a year, due to firm demand and more costly imports from the West, industry sources said.
SINGAPORE, June 7 Oil extended gains to hit
fresh multi-year highs on Monday, underpinned by a brighter
economic and fuel-demand outlook, while investors eyed the
outcome of talks between Iran and world powers over a nuclear
deal that is set to boost crude supplies.
SINGAPORE, May 31 Oil prices climbed in early
Asian trade on Monday, underpinned by the bright outlook for
fuel demand growth in the next quarter, while investors looked
ahead to the OPEC+ meeting this week for supply guidance.
SINGAPORE, May 28 Oil prices pushed higher on
Friday, supported by firm U.S. economic data and expectations of
a strong rebound in global fuel demand in the third quarter,
while concerns eased about the impact of any return of Iranian