supply
Global Oil Prices Plunge as Supply Soars and Demand Stalls; Concern Grows Among Energy Markets
Oil prices are falling once more amid growing supply and weak demand. Brent crude plummeted and is now below $60 a barrel. That's far lower than at the beginning of the year....
Indonesia’s Pertamina seeks petrol for July-December, excludes Singapore supply
Indonesia is considering a cut to fuel imports from Singapore and instead increase supply from the USPublished Mon, May 19, 2025 · 04:54 PM[SINGAPORE/JAKARTA] Indonesia’s Pertamina has issued five...
Oil posts weekly gain but remains under supply hike pressure
[HOUSTON] Oil settled higher on Friday (May 16), notching a second straight week of gains on easing US-China trade tensions, although prices were held back by expectations of higher...
Opec expects slower 2025 oil supply growth from rivals after price drop
Rapid growth from US shale and from other countries has weighed on prices in recent yearsPublished Wed, May 14, 2025 · 10:13 PM[LONDON] Opec on Wednesday (May 14) trimmed...
Oil settles lower as hopes dim for US-China trade and supply worries ease
[NEW YORK] Oil prices fell by more than US$1 a barrel on Wednesday as investors doubted that upcoming US-China trade talks will result in a breakthrough, while hopes for an Iran-US...
Saudis warn of more supply unless Opec+ cheats fall in line
Published Mon, May 5, 2025 · 06:11 AM[CAIRO] The Organization of the Petroleum Exporting Countries and its allies (Opec+) leader Saudi Arabia warned the group’s overproducing members it could...
Big Oil isn’t budging on output as Opec+ supply hike looms
The largest western oil producers are mostly sticking with their growth plans for now, despite a 16 per cent decline in crude prices during April and a decision by...
Apple expects US$900 million tariff hit as shifts US iPhone supply to India
[SAN FRANCISCO] Apple on Thursday reported first-quarter profit above expectations but warned that US tariffs could cost the company and was disrupting its supply chain.Apple expects US tariffs to...
