Midday Crude Oil Analysis: OPEC+'s production cuts delayed, can the surplus crisis in the oil market in 2025 be avoided?

During the early trading session in Asia, the Intercontinental Exchange (ICE) Brent Crude Oil Product Futures prices remained stable as the market weighs the predictions of a supply surplus in 2025 and reduced refinery running.

Golden10 Data13:01

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.

wallstreetcn05:04

Market Chatter: Quebec, Newfoundland Reach a $24 Billion Energy Deal

MT Newswires03:46

Update: WTI Oil Edges Down as the IEA Sees the Market Over Supplied in 2025

MT Newswires03:37

January WTI Crude Oil Contract Closes Down US$0.27; Settles at US$70.02 per Barrel

MT Newswires03:32

IEA Lifts 2025 Oil Demand View, yet Expects Comfortably Supplied Market

Seeking AlphaDec 12 23:51