Rubber Process Oil
RPO, or Rubber Process Oil, is a petroleum-derived product used primarily in the rubber industry. It is a complex mixture of hydrocarbons that serves as a proce...
Lubriedge Rubber Process Oil (Paraffinic 245) in Delhi
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1 day ago
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Daily Market Report
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US Tariffs, Economic Concerns Pressure Oil Prices Amid Sanctions and Market Volatility
Crude oil prices edged higher on Tuesday amid US plans to impose tariffs on key imports. While weak Chinese economic data and rising global inventories pressured prices, geopolitical tensions, sanctions on Russian oil, and the strong West Asian market premium offered support, highlighting a mixed market outlook.
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Oil Prices Surge Amid Tightening Supply and US Sanctions; OPEC+ Cuts and Winter Demand Drive Volatility
Oil prices rose for the fourth consecutive week due to tightening global supply, US sanctions on Russian oil, and increased demand from extreme winter conditions. OPEC+ production cuts and declining US crude inventories further supported the upward trend. However, declining demand from China and increased non-OPEC production continue to counterbalance these factors, resulting in expected price volatility.
Read Story
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Oil Prices Surge 2.5% Amid Russian Sanctions and Supply Concerns"
Oil prices rose for the fourth straight week as US sanctions on Russian producers tightened supply. Rising shipping costs, cold-weather kerosene demand, and potential Federal Reserve interest rate cuts further boosted the market. Supply concerns around Trump’s policies on Iran and Venezuela add uncertainty, while China’s growth data offered mixed insights.
Read Story
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Oil Prices Rise Amid Tightening Supply and Geopolitical Tensions
Crude oil prices edged higher, supported by a reported decline in US inventories and tightened tanker supply following new US sanctions on Russia's fleet. Freight rates spiked due to strong tanker demand, while geopolitical tensions fueled concerns over disrupted Russian exports. Analysts forecast price volatility amid uncertainties in China's oil demand.
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Global Oil Markets Face Supply Shifts Amid Sanctions and Rising Inventories
Crude oil prices rose slightly, driven by cold weather demand and reduced supplies from Russia and Iran. U.S. crude inventories dropped, boosting refinery activity, while India's imports increased, shifting focus to Middle Eastern sources. Global sanctions on Russia and Iran and robust U.S. production continue to shape the petroleum market dynamics.
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China's Fiscal Stimulus and Oil Inventory Impact on Prices
Oil prices rose slightly in thin holiday trading, driven by hopes for China’s fiscal stimulus and a U.S. inventory decline. China’s record $411 billion treasury bonds aim to boost economic growth, crucial for global oil demand. U.S. crude inventories fell, while mixed projections reflect concerns over China's recovery and future demand.
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India Oil Market Faces Pressure Amid Global Demand Concerns and Stronger Dollar
Global oil prices dropped nearly 3% this week, with Brent crude futures at $72.47 per barrel and WTI at $68.99, driven by concerns over slowing demand growth in China and a stronger U.S. dollar. Analysts predict a surplus of 1.2 million barrels per day (bpd) in 2025 as non-OPEC+ production rises.
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India's Bitumen Market: Resilient Demand Amid Currency Pressures
Bitumen prices across grades are influenced by rising crude oil costs driven by seasonal heating demand and increased consumption in China. In India, bitumen prices show slight variations due to currency fluctuations and strong competition among regional suppliers.
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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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Daily Market Report
US Tariffs, Economic Concerns Pressure Oil Prices Amid Sanctions and Market Volatility
Crude oil prices edged higher on Tuesday amid US plans to impose tariffs on key imports. While weak Chinese economic data and rising global inventories pressured prices, geopolitical tensions, sanctions on Russian oil, and the strong West Asian market premium offered support, highlighting a mixed market outlook.
Read Story
Oil Prices Surge Amid Tightening Supply and US Sanctions; OPEC+ Cuts and Winter Demand Drive Volatility
Oil prices rose for the fourth consecutive week due to tightening global supply, US sanctions on Russian oil, and increased demand from extreme winter conditions. OPEC+ production cuts and declining US crude inventories further supported the upward trend. However, declining demand from China and increased non-OPEC production continue to counterbalance these factors, resulting in expected price volatility.
Read Story
Oil Prices Surge 2.5% Amid Russian Sanctions and Supply Concerns"
Oil prices rose for the fourth straight week as US sanctions on Russian producers tightened supply. Rising shipping costs, cold-weather kerosene demand, and potential Federal Reserve interest rate cuts further boosted the market. Supply concerns around Trump’s policies on Iran and Venezuela add uncertainty, while China’s growth data offered mixed insights.
Read Story
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