Base Oil
Base oil is a refined form of crude oil, primarily used in the production of lubricants, greases, motor oil, and metalworking fluids. Different types of base oi...
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Crude Oil Prices Dip Amid Trump’s Push for Saudi Action and Volatile Policy Announcements
Crude oil prices declined after U.S. President Donald Trump urged Saudi Arabia to lower oil prices and increase investments. Trump's remarks at Davos and new tariff threats have heightened market volatility. While U.S. crude stock declines provide short-term support, global oversupply and weak Chinese demand continue to pressure oil futures.
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Crude Oil Prices Under Pressure Amid Rising US Inventories and Global Economic Uncertainty
Crude oil prices saw a decline on Thursday as US inventory levels rose for the first time in five weeks, coupled with ongoing global economic uncertainties and oversupply concerns. The market remains under pressure due to OPEC+ production dynamics, potential US tariff policies, and fluctuating demand influenced by China’s economic outlook.
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China's Crude Imports to Grow Marginally; Geopolitical Tensions and Tariff Impacts on Oil Markets
Crude oil prices remained flat as global markets responded to U.S. tariff threats and rising geopolitical risks. China's crude imports are projected to grow only 1% in 2025, reflecting near-peak demand. Market trends are influenced by vehicle electrification, economic shifts, and geopolitical developments like tariffs and U.S. production boosts.
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