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CRUDE OIL
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37 Inquiries
30000-200000 MT
$50/MT
50000-500000 MT
$57/MT
In stockMarket analysis indicates that Crude Oil supplied by MEDI OIL&GAS LLP from Kazakhstan is priced 90% lower than comparable offers.
Good Price
Minimum order quantity: 1 MT
Open to price negotiation
Supplier Country: Kazakhstan
Export market: United States, Netherlands, Kazakhstan, South Korea, United Kingdom
Key Takeaways
Tank Vessel Storage
Brent Price at $61.9
Opec+ Production Influence
Global Oversupply Trend
Futures Market Hedging
Product Specifications
4.5
Kazakhstan
1 yrs
Agent, Business Service, Distributor/Wholesaler, Trading Company
Shymkent, Al-Farabi District, Ryskulova Street, D.4, KV 13
Activity signals
Inquiry Open Rate
8%
Total inquiries received
185
Inquiries Read
15
Year Established
2020
Export Markets
Based on the information provided by the supplier.
United States
Netherlands
Kazakhstan
South Korea
United Kingdom
East Asia
25%
Western Europe
25%
North America
25%
Central Asia
12%
Southeast Asia
12%
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Product descriptions from the supplier
Crude oil (also called petroleum) is a naturally occurring, combustible liquid made mostly of hydrocarbons. It formed over millions of years from the remains of ancient marine organisms buried under sediment and transformed by heat and pressure. It’s the raw material from which fuels (gasoline, diesel, jet fuel) and many petrochemicals are made. EIA
📉 Current Price Snapshot
As of December 12, 2025, key crude benchmarks are trading roughly at:
- WTI (U.S. light crude): ~$57.8 per barrel
- Brent (global benchmark): ~$61.9 per barrel
- (Markets typically quote daily spot prices; these can change minute-by-minute in active trading)
Other market sources similarly show Brent near ~$61 and WTI near ~$57–$60 depending on the exchange and timeframe. Investing.com
📈 Market Trends & Dynamics
🛢 1. Global Oversupply & Prices Under Pressure
Analysts forecast oil markets may face a significant oversupply (sometimes called a “super glut”) in 2026 as production grows faster than demand. This excess supply is expected to keep downward pressure on prices, with some projections suggesting Brent could fall further next year. Financial Times
🛢 2. Geopolitical Events Still Significant
Major events—like the U.S. seizure of a Venezuelan crude tanker—are influencing sentiment and can spike volatility, but broad price direction is more tied to supply/demand balances right now. Axios
🛢 3. Trading Activity
Futures markets show robust participation and open interest, indicating active trading in crude oil contracts (important for hedging and price discovery). AP News
🛢 4. Inventories & Demand Signals
Even as inventories globally grow, strategic stockpiling (e.g., in China) can absorb some supply and limit how low prices fall. EIA
📊 Supply & Demand — What’s Driving Prices?
Supply Factors
- Record production in the U.S. and elsewhere
- OPEC+ production decisions
- Sanctions affecting exports (e.g., Russia & Venezuela)
Demand Factors
- Global economic growth (key for fuel demand)
- Shifts to electric vehicles and energy efficiency
- Seasonal changes (e.g., winter heating demand)
Prices essentially reflect the tug-of-war between these forces.
🟡 Why Crude Oil Matters
Crude oil prices affect many parts of the economy:
- Fuel costs (gasoline, diesel, jet fuel)
- Inflation (energy is a major consumer cost)
- Trade balances of oil-importing vs. exporting countries
- Energy sector investment and jobs
You are viewing details for CRUDE OIL. The information provided here is either posted directly by the supplier, who is responsible for its accuracy, or collected by Freshdi AI from publicly available sources. Freshdi strives to make product information as useful and reliable as possible, but we do not guarantee complete accuracy. If you notice any incorrect or misleading details, please use the Report Product option so our team can review and address it quickly.
Contact this Supplier
MEDI OIL&GAS LLP
1 yrs
•
4.5
Victor Hansson (Sale/ Marketing/ Sourcing Manager)
Active
Year Established: 2020
Business type
Agent, Business Service, Distributor/Wholesaler, Trading Company
Main Export Markets