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A service for energy industry professionals · Monday, July 14, 2025 · 830,529,347 Articles · 3+ Million Readers
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Indonesia Oil Speculation News Monitoring

  • Published on Jul 11, 2025

    Indonesian Crude Oil Price Climbs to US$69.33 per Barrel in June 2025

    TEMPO.CO, Jakarta - The Ministry of Energy and Mineral Resources (ESDM) has set the average price of Indonesia's crude oil, or Indonesian Crude Price (ICP), for June 2025 at US$69.33 per barrel. This price has increased by US$6.58 per barrel compared …

    Source: Tempo.co - Neutral
  • Published on Jul 11, 2025

    Aster Chemicals in talks to buy Esso petrol stations in Singapore: Sources

    SINGAPORE – Aster Chemicals and Energy, a joint venture between Indonesia’s Chandra Asri Group and global commodities trader Glencore, is in exclusive talks to buy oil major Exxon Mobil Corp’s petrol stations in Singapore, according to people with …

    Source: The Straits Times - Pro-Government
  • Published on Jul 9, 2025

    How used cooking oil could hinder aviation’s green fuel hopes

    Members of the public delivering their used cooking oil to Evergreen Oil and Feed joint collection drive with the Melaka City Council. PHOTO: SAIRIEN NAFIS MELAKA, Malaysia – This is the starting point for the world’s – and especially Europe’s – lofty …

    Source: Inquirer - Neutral
  • Published on Jul 10, 2025

    European bourses gain on potential China stimulus, US stocks and USD lacklustre despite trade updates - Newsquawk US ...

    European bourses began with modest gains and have gradually increased, largely led by reports of Chinese housing support. US futures are contained as newsflow has been limited, ex-China, since the overnight tariff developments. DXY is marginally firmer but …

    Source: Zero Hedge - Right-wing
  • Published on Jul 10, 2025

    US Futures Steady As Tariff Fears Ease

    US equity futures are flat, reversing an earlier loss but lagging the Asia-Pac and EMEA sessions, following the latest batch of tariff letters with the most impactful being a 50% tariff on Brazil. As of 8:15am ET, S&P and Nasdaq futures are flat after …

    Source: Zero Hedge - Right-wing
  • Published on Jul 9, 2025

    Malaysia’s data centre dreams hit by tariffs, chip ban fears, trade tensions

    [KUALA LUMPUR] Rising electricity tariffs and the proposed US ban on artificial intelligence (AI) chip exports to South-east Asia are raining on the parade of Malaysia’s booming data centre sector, as the dual pressures force hyperscale operators to …

    Source: The Business Times Singapore - Neutral
  • Published on Jul 8, 2025

    Harder, better, faster, stronger

    From 6 to 7 July, Brazil hosted a BRICS summit in Rio de Janeiro for the fourth time since 2009 — amid growing geopolitical tensions, increasing systemic competition and an erosion of international institutions. In a global environment increasingly …

    Source: International Politics and Society - Center-left
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  • Published on July 14, 2025 - 01:42 GMT

    India Defends Russian Oil Imports

    (MENAFN) India’s energy minister, Hardeep Puri, emphasized that the country’s oil imports from Russia serve the essential needs of its citizens while also aiding in keeping global oil prices stable. In a conversation with a news agency on Thursday, Puri …

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  • Published on July 14, 2025 - 01:14 GMT

    Minister states India ‘contributed to global stability’ by purchasing Russian oil

    (MENAFN) India’s petroleum minister, Hardeep Puri, has defended the country’s continued purchases of Russian oil, stating they serve both India’s domestic energy needs and contribute to maintaining stability in global oil prices. Speaking to CNBC on …

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  • Published on July 14, 2025 - 02:06 GMT

    Massive Fire Breaks Out on Crude Oil Train in India

    (MENAFN) A huge fire erupted Sunday on a freight train transporting crude oil in Tamil Nadu’s southern region, authorities confirmed, with no injuries reported. The incident has led to significant disruption in rail traffic to and from Chennai, the state …

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  • Published on July 14, 2025 - 02:33 GMT

    Azerbaijan’s SOCAR, Syria Seal Gas Agreement

    (MENAFN) Azerbaijan’s state oil giant SOCAR has formalized an agreement with the Syrian government to supply natural gas to Syria, marking a significant step in Damascus' push for energy stability, media reported. The memorandum of understanding (MoU) …

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