Orion Farming Group Fuel Update 07/05/25
- Orion Farming Group
- 5 days ago
- 1 min read
A slight decrease in average prices again this week. Deliveries between 3 - 14 working days, dependant on Supplier & area.
Fuel price outlook
In the coming weeks, Brent crude oil futures are expected to face pressure, potentially experiencing further declines or trading within a lower range. Recent projections from the U.S. Energy Information Administration (EIA) and Barclays have lowered price expectations for 2025, citing expected increases in global oil inventories.
The anticipated movement is driven by the OPEC+ group's recent decision to speed up the reduction of some voluntary production cuts starting in June, indicating a possible rise in supply. Concerns about the pace of global oil demand growth, partly due to ongoing trade tensions and a potentially weaker economic outlook in certain regions, are also affecting prices. Increasing global oil inventories, especially in the US, further contribute to the bearish outlook. While geopolitical risks remain, the immediate focus seems to be on the supply-demand balance and the effects of OPEC+ decisions.
Fuel price outlook section provided by Investing.com and Demand Economics.
Please note that any opinions expressed in this update are sources from market information / analysis and do not represent views of Orion Farming Group. Orion Farming Group accepts no responsibility for any Member decisions made on the basis of information provided in the weekly fuel update.
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