Oil futures: Crude heads for weekly losses, fears over China slowdown

Crude Oil LPG Naphtha
15 Nov 2024
Crude oil futures were trending lower Friday, with markets heading for weekly declines after struggling to rebound from the losses...

Please Register or Sign in to view this content.

Quantum Commodity Intelligence is a premium paid subscription service for professionals in the oil, biofuels, carbon, ammonia and hydrogen markets.

Quantum Oil service subscribers have access to:

  • Daily price assessments
  • Market news and price commentary
  • Fundamental trade data
  • Quantum Oil Daily - market report sent to your email

Get in touch with us for subscription information on all Quantum platforms, or help with the service.

Quantum Services

Related
Distillate summary: Euro diesel in backwardation, TA arbs narrow
Jet fuel Diesel/Gasoil Biofuels
15 Nov 2024
The diesel forward curve in Europe returned to backwardation this week as strengthening demand prospects tightened market outlooks...
Light end summary: Gasoline finds a floor as exports reopen, naphtha slump accelerates
LPG Naphtha Gasoline Biofuels
15 Nov 2024
Gasoline looked to have found a floor this week as arbs reopened on a signs of tight US market
Al Shaheen crude diffs slump to year lows, puts OPEC+ hike in doubt
Crude Oil Diesel/Gasoil
15 Nov 2024
QatarEnergy has awarded its monthly Al Shaheen tender for January 2025 at the lowest premiums in almost a year, further jeopardising...
CHINA DATA: October crude runs down 7% on year
Crude Oil Gasoline Jet fuel
15 Nov 2024
China's crude oil throughput fell to 14.02 million bpd in October, representing a 7% decline compared to the same month last year...
Euro oil/products: LSGO cracks at 3-mth high, backwardation spikes
Europe
Crude Oil LPG Naphtha
14 Nov 2024
Benchmark crude oil futures edged higher Thursday as the EIA showed steep draws in US product inventories, while diesel cracks climbed...
EIA DATA: Gasoline stocks at fresh 2-yr low as demand, exports jump
Crude Oil LPG Naphtha
14 Nov 2024
US gasoline stocks recorded a surprise, sharp draw last week as both domestic demand and exports jumped over the period...
Nigeria's state oil company NNPC eyes 2 million bpd output target
Crude Oil
14 Nov 2024
Nigeria's state-owned oil company has set ambitious targets to ramp up its crude oil production...
EIA DATA: US crude stockpiles up over 2m barrels for second week
Crude Oil
14 Nov 2024
US commercial crude oil inventories posted a second weekly draw of more than 2 million barrels...
EIA DATA: US distillates stocks shrink as demand outpaces supply
Jet fuel Diesel/Gasoil
14 Nov 2024
US distillate stocks shrunk last week as surging demand met lower output, EIA figures showed Thursday....
EIA sees stable US refined oil product demand, lower gas prices
Crude Oil LPG Gasoline
14 Nov 2024
The US government's Energy Information Administration (EIA) latest Short-Term Energy Outlook report has forecasted a steady...
IEA lifts 2024 oil demand forecast, trims 2025
Crude Oil LPG Naphtha
14 Nov 2024
The IEA raised forecasts for global oil demand this year but lowered its outlook for 2025, as short-term strength in European gasoil demand...