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Oil Trading Newsletter
  • Oil producers resisted crude supply to Dangote, others – NUPRC 04 Jul 2025 01:45 GMT

    … from IPPG (Independent Petroleum Producers Group), OPTS (Oil Producers Trade Section), some … its officials, Oil Producers Trade Section, Independent Petroleum Producers Group, Crude Oil Refinery-Owners … produce more than 3,000 barrels per day were issued …

  • Namibia posts first-in-13-month trade surplus in May 03 Jul 2025 22:10 GMT

    … a sharp increase in uranium exports, the Namibia Statistics Agency … largest contributor to the export basket and was mainly … report stated. On the import side, petroleum oils, nickel ores, base … of imports, accounting for 38.7 percent of inbound trade. The …

  • U.S. Launches Eighth Round of Sanctions Targeting Iran's Oil and Tankers 04 Jul 2025 02:10 GMT

    … evade sanctions on the oil trade. Iraqi-British national … Iraqia Shipping Services & Oil Trading (AISSOT), which the … oil exporters in blending Iranian oil with Iraqi oil to obscure the oil … millions of barrels of Iranian oil and other petroleum worth …

  • Oil prices ease on US tariff worries and expected OPEC+ output boost 04 Jul 2025 02:08 GMT

    … several large trading partners have yet to clinch trade deals, including … OPEC+ is expected to agree to raise output by 411,000 barrels … – the world’s biggest oil importer – expanded in June at … as demand weakened and new export orders declined. A surprise …

  • Oil eases on US tariff uncertainty and OPEC+ output expectations 04 Jul 2025 02:07 GMT

    … several large trading partners have yet to clinch trade deals, including … – the world’s biggest oil importer – expanded at its slowest … as demand weakened and new export orders declined. A surprise … 3.8 million barrels to 419 million barrels last week. …

  • Oil prices ease on US tariff uncertainty 03 Jul 2025 23:29 GMT

    … and several large trading partners have yet to clinch trade deals, including … Opec+ is expected to agree to raise output by 411,000 barrels … the world's biggest oil importer - expanded in June at … 's aggressive tariffs on imports. "Thursday's …

  • OILING THE WHEELS OF TRADE How Russia Sidesteps Sanctions to Sustain Critical Oil and Gas Revenue 04 Jul 2025 00:12 GMT

    … and think.   After all, oil, or petroleum, originates from long dead … oil exports.  Back in 2023, Bulgaria passed a new law banning the import … invasion of Ukraine, EU imports of Russian fossil fuels … In 2024, four countries imported 16.77 million tons of …

  • OPEC nudges up global oil reserves estimate, despite capex fears 04 Jul 2025 02:07 GMT

    … to 1.567 trillion barrels in 2024, OPEC said July 2, with … that total, as relatively healthy oil prices continued to fuel drilling … OPEC officials have long insisted that the market is tight, accusing traders

  • China’s Shandong raises fuel oil import tax rebates for some refineries, sources say 04 Jul 2025 01:54 GMT

    … hub, has increased fuel oil import tax rebates for six independent … and diesel refined from imported fuel oil by 25 percentage points … That led to fuel oil imports declining to their lowest ever … since crude oil is currently cheaper, a trading source and …

  • US-India trade deal: US signs trade deal with Vietnam: India left in a tough spot with tougher choices 04 Jul 2025 00:08 GMT

    … allow the import of GM soybeans solely for oil extraction, with … issue particularly sensitive. Dairy imports remain a long-standing … leverage in broader agricultural trade negotiations. Beyond all this … and it’s making Indian exporters super cautious. Many are …

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