Fred Wang

The price outlook for December loading North West Shelf condensate hinges on demand from China following the country’s return from its week long National Day holidays, market sources told S&P Global C

Cash differentials for November loading barrels of Asia Pacific light sweet condensates are likely to be bogged down by lukewarm demand, ample supply and retreating light distillate product cracks, ma

Trade in the Far East Russian Sokol crude grade has resurfaced in September after nearly four months absence after spot liquidity for the once popular medium sweet grade disappeared as buyers shunned

Crude oil prices were under downward pressure early in the Aug. 15 19 trading week due to profit taking amid a lack of fresh cues, with analysts saying higher than expected supply from both Russia and

Asia Pacific medium to heavy sweet crude oil grades have piqued the buying interest of Japanese power utilities during the peak summer demand season as lofty prices of typical generating fuels prompt

Oil prices are expected to face headwinds from weakening economic activity in the West and rising COVID 19 cases in the July 25 29 trading week, with investor attention to be focused on the US FOMC me

Fresh demand from South Korea could keep the market sentiment for October delivery barrels of Brazilian crudes buoyed, even as the grades’ cash differentials could face some headwinds as China based e

Abu Dhabi National Oil Co., or ADNOC, has allocated full term volumes to most buyers in China, India and Japan for September loading crude, according to market participants surveyed by S&P Global Comm

Oil prices are expected to be supported in the week ended June 3 as refined product inventories worldwide remained tight and the EU continued to push for a ban on Russian oil imports. The front month

Saudi Aramco is expected to lower its official selling prices for June loading crudes following tepid Asian demand fundamentals, with the OSP differentials retreating from the record highs seen this m

Abu Dhabi National Oil Co. has maintained the forecast for its flagship Murban crude available for export in April 2023 at 1.5 million b/d.

State owned National Iranian Oil Co has hiked the May official selling price for all of its Asia bound crude grades by $4.30 $4.50/b from April, according to a notice seen by S&P Global Commodity Insi

Crude oil futures are expected to remain volatile as the escalating Russian Ukraine conflict, along with Iran nuclear deal talks keep market participants on the edge.

India’s state owned Oil and Natural Gas Corporation failed to attract buyers in its tender to sell a May loading Russian Sokol crude cargo amid increasing signs that financial sanctions, logistical is

Crude oil futures is expected to rise in the week of Feb. 28 March 4 as the Russia Ukraine crisis dominates headlines and tensions between the two escalate, fueling a strong uptick in oil prices.

Crude oil futures are expected to remain bullish this week Feb. 14 18 on the back of fresh tensions on the Russia Ukraine front after the US issued further warnings on Feb. 11 and over the weekend of

Crude oil futures are expected to continue rising this week Jan. 17 21 as tightening supply and demand fundamentals keep investors bullish on oil. The front month ICE Brent and NYMEX light sweet crude

Crude oil futures are expected to maintain their bullish momentum in the week of Jan. 10 despite rising COVID 19 cases worldwide, as investors remained confident that the longer term outlook for oil d

Crude oil futures are expected to climb this week Jan. 3 7 as COVID 19 concerns ease and amid positive sentiment from last week’s Santa Claus rally, which is expected to carrying over into the new yea

Crude oil futures are set to remain supported during the week of Dec. 27 31 as risk on sentiment in the broader financial markets remained intact, though COVID 19 cases were still climbing in the West