EC241220P7500
- 0.06
- 0.000.00%
Ecopetrol Newsroom
Oil Headed for Weekly Gains as Sanctions Outlook Raises Supply Worries -- Market Talk
Oil Prices Steady As Market Balances IEA Surplus Forecast With Rate Cut Optimism
If Trump Starts A Trade War, Canada Could Impose Export Taxes On Oil, Uranium: Report
Under pressure from the threat of Trump's trade war? Canada is considering imposing tariffs on Uranium, oil, and potash as retaliation.
Canada is the largest external source of oil supply for the USA and also the largest external source of Uranium for USA nuclear power plants. The potash produced in the western provinces of Canada is an important source of fertilizer for USA farms. The media reports that imposing export taxes on these Commodities is Canada's most desperate choice, and Canada is more likely to impose retaliatory tariffs on imported USA-manufactured goods, as well as implement export controls on certain Canadian products.
Crude Oil Jumps Back Above $70 as US Inventories Fall to Lowest Level
IEA Monthly Report: Even if OPEC+ delays production increases, there will still be an oversupply of oil next year!
The IEA stated that if OPEC+ implements the production recovery plan starting in April, the Global market will face a surplus of 1.4 million barrels per day. The IEA has raised the forecast for global oil demand growth in 2025 by 90,000 barrels to 1.1 million barrels, mainly due to the economic stimulus measures recently announced by China.
The largest Crude Oil Product supply agreement between India and Russia is coming! It is reported that Reliance will purchase 0.5 million barrels of Russian oil daily.
① The Russian state-owned oil company Rosneft is reportedly set to supply nearly 0.5 million barrels of Crude Oil Product per day to India's Reliance Industries; ② This agreement will last for 10 years, with an annual supply accounting for 0.5% of the Global market, valued at 13 billion dollars based on current oil prices. ③ This will be the largest Energy cooperation agreement in the history of India and Russia.
Oil Settles Up US$1 As EU Agrees Further Sanctions
Weekly Crude Inventories Fall More Than Expected; Oil Prices Rise Despite OPEC Cutting Demand Outlook
Oil Extends Gains After U.S. Crude Stocks Draw -- Market Talk
US Total Crude Oil Stocks Decline in Week Ended Dec. 6
Parex Resources Announces Enhanced Partnership With Ecopetrol
Parex Resources Brief: Announcing "Enhanced" Strategic Partnership With Ecopetrol and Providing Operational Update
OPEC Further Trims Oil-Demand Forecast After Output-Hike Delay
Oil Prices Edge Higher on China Stimulus Hopes -- Market Talk
Which Subsectors to Own and Which to Avoid – Wolfe Research
Crude Futures Slip on Easing Geopolitical Risk Views -- Market Talk
Oil Prices End Higher, Lifted by Fall of Syria's Assad and China's Stimulus Plans
Oil Gains Amid Rising Mideast Uncertainty After Assad's Fall -- Market Talk
Saudi Arabia Cuts Oil Prices for Asia After OPEC+ Delays Output Hike