Will Asia welcome the "oil price dividend"?
International oil prices have dropped by $12 per barrel since the beginning of 2025. Morgan Stanley believes that if this decline continues, the Crude Oil Product burden in Asia will decrease from the current 3.1% to 2.3%. For every $10 per barrel drop in oil prices, the overall current account balance in Asia is expected to improve GDP by 0.4 percentage points.
Soochow: Crude Oil Product demand continues to grow in the short term, focusing on the allocation value of the three major oil companies.
The penetration rate of Electric Vehicles in China exceeds expectations, with the peak time for refined oil products in China being advanced to 2025, and the peak time for Crude Oil Product demand moving from 2030 to 2027.
Oil Stabilises After 4-Year Lows Amid OPEC+ Supply Surge
Energy Up as Oil Futures Rebound -- Energy Roundup
Saudi Arabia is waging a price war, and two major US Shale Oil giants have announced cuts in capital expenditures. Has the production of Shale Oil in the USA reached its peak?
The major USA shale oil companies Diamondback Energy and Coterra Energy have both stated that they will reduce their capital budgets for 2025 and decrease the number of drilling rigs. Diamondback Energy CEO Travis Stice warned: "Due to the reduction in drilling rigs, the USA onshore oil production is likely to have peaked and will begin to decline this quarter."
Oil Prices Slide Over US$2 As OPEC+ Accelerates Output Hikes
