U.S. Crude Oil Stockpiles Fall Amid Lower Production
US Total Crude Oil Stocks Decline in Week Ended May 2
Rising OPEC Output Could Lead to Continued Pressure on Oil Prices
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
Ezkilz : y would you say that?