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The summary of market info as of 10 August 2017 is as follows: Last month, the crude prices increased in response to strong U.S. refinery demand as well as the rate of U.S. oil production growth will slowing down due […]

The summary of market info as of 12 July 2017 is as follows: Even though the OPEC delivered on pledges to reduce supply, its output still exceeded demand in the first half of this year. Its ally, Russia would stick […]

The summary of market info as of 9 March 2017 is as follows: Since the OPEC countries and Russia agreed to cut output, oil prices have stabilized at around $50-$55 a barrel, up from $45-$50 a barrel before. Yet, prices […]

The summary of market info as of 9 Nov 2016 is as follows: OPEC warned of prolonged instability in the oil market if the producer group and other major crude suppliers fail to agree on the next meeting in Vienna on […]

The summary of market info as of 8 Sept 2016 is as follows: Crude rallied last month as investors parsed comments from OPEC and Russia for signs of whether oil producers will agree on measures to revive prices. OPEC will […]

The summary of market info as of 12 August 2016 is as follows: Start on July 2016, ICP formula referred to dated Brent + alpha. Based on the actual July, alpha for SLC is – 4.33 while dated Brent is […]

The summary of market info as of 9 June 2016 is as follows: For the first time in eight consecutive months, ICP has finally back to its track, which is higher than the WTI. Oil rose to the highest level […]

The summary of market info as of 11 May 2016 is as follows: On June 2nd OPEC meeting, Saudi Arabia will probably keep producing crude at current levels under its newly appointed oil minister, Khalid Al-Falih. He  sticks with his […]

The summary of market info as of 13 April 2016 is as follows: Market is currently waiting for April 17 meeting in Doha. The market is showing a lot of cautious optimism that some sort of deal might be agreed. […]