Orion Farming Group Fuel Update 30/04/25
- Orion Farming Group
- Apr 30
- 1 min read
A slight decrease in average prices this week. Deliveries between 3-8 working days. Reminder - Bank Holiday this Monday 5th May. Suppliers unlikely to be making deliveries. The Orion Office will be closed.
Fuel price outlook
Over the next couple of weeks, Brent crude oil futures are likely to remain subject to a mix of downward pressures and potential support, suggesting a period of some volatility with a potential for price corrections. Several analysts anticipate that prices could face headwinds, potentially trading in a range with downside risk.
The primary drivers for this expected movement include ongoing global trade tensions, particularly between the US and China, which are raising concerns about future economic growth and, consequently, oil demand. Additionally, the market is closely watching the actions of OPEC+ as some members begin to discuss the potential unwinding of voluntary production cuts. Rising global oil inventories are also contributing to the bearish sentiment. While geopolitical factors always carry potential for swift price changes, the immediate focus appears to be on the interplay of trade policy, supply management by OPEC+, and the outlook for global demand.
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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