1. Home
  2. Maritime industry news - PortNews
  3. Crude oil futures decrease as demand is expected to reduce

2022 April 25   09:13

Crude oil futures decrease as demand is expected to reduce

Crude oil prices fell by 3.02%-3.06%

As of 25 April 2022, 07:35 (UTC+3), Brent Crude futures for June settlement were trading 3.02% lower at $102.94 a barrel on the London-based ICE Futures Europe Exchange.

Light Sweet Crude (WTI) futures for June delivery on the New York Mercantile Exchange fell by 3.06% to $98.95 a barrel.

Crude oil futures are decreasing amid growing concerns over reduction of the demand for the commodity as COVID-19 expands in China.

On Main

To the newsfeed

News 2025 February 5

12:32

Mitsubishi Shipbuilding and Nippon Gas Line secure AiP for low-pressure coastal LCO2 carrier

12:11

ONE adds Muuga to BBX Service

11:40

Oil tanker CHRYSALIS resumes Suez Canal transit after Red Sea incident

11:20

Lloyd's Register launches class notation for fin stabilizers

10:40

ICTSI deploys hybrid RTGs at Manila Terminal, cuts emissions by up to 70%

10:09

Capital Ship Management takes delivery of M/T 'Aisopos' & M/T ‘Aiolos’

09:40

Lloyd's Register joins EU-funded LOWNOISER project to combat underwater noise pollution

2025 February 4

18:00

Viking Line's Viking XPRS resumes service after a three-week refurbishment

17:36

CMA CGM expands Mediterranean network with three new services

17:02

AD Ports Group and Al Ain Mills partner for major grain facility at Khalifa Port

16:43

GTT wins tank design contract for new LNG carrier from Samsung Heavy Industries

16:23

Sofregaz wins project management consultancy contract for Jordan's Sheikh Sabah LNG Terminal

15:53

Japan considers supporting $44 bln Alaska LNG pipeline to ease trade tensions with U.S.: Reuters

15:23

Bureau Veritas grants AiP for University of Queensland's "SeaFisher" offshore fish pen

14:53

WinGD's on-engine NOx reduction solution receives type approval

14:10

ReCAAP ISC issues alert following rise in armed robberies in Southeast Asia

13:22

Ascenz Marorka partners with Piraeus Marine Services to strengthen Greek market presence

13:02

Hapag-Lloyd concludes green financing of its 24 new container ships

12:41

Brazilian consortium to pilot HVO as marine fuel

12:11

Svitzer shifts to biofuel for tug operations in the Danish port of Esbjerg

11:41

LNG dominates January alternative-fuelled vessel orders: DNV

11:12

WALLENIUS SOL acquires British liner shipping and logistics provider Mann Lines

10:35

Royal Haskoning DHV сonducts hydrodynamic impact assessment on Anaklia Deep-Sea Port marine infrastructure

10:24

EemsEnergyTerminal launches open season for LNG storage and regassification

09:59

Tidal Transit and HICO secure equity funding for six new-build electric vessels

2025 February 3

18:00

South Korea invests $151 mln in green shipbuilding

17:35

India announces $2.9 bln investment to boost maritime sector

17:04

MSC launches iReefer, the most advanced container monitoring system for reefer cargo

16:34

EODev receives Type Approval Certificate from Bureau Veritas for REXH2® marine fuel cell system

16:04

ABC completes FAT for methanol dual-fuel engines for Jan De Nul's new XL cable-laying vessel