Record Sales of Transport Fuels in India Point to Strong Demand
Indian sales of diesel and gasoline surged to records in May, in a rare bullish sign for global
2023-06-09 14:20
Oil Set for Second Weekly Drop as Demand Concerns Return to Fore
Oil headed for a second weekly drop as demand concerns returned to the fore, snuffing out gains driven
2023-06-09 09:50
Oil Steady After Mixed Stockpile Data as Demand Concerns Linger
Oil steadied as investors weighed mixed US data on crude and petroleum stockpiles amid persistent concerns over the
2023-06-08 08:52
Barclays Defections Hit Houston as Bankers Head to Pickering
Two Barclays Plc investment bankers have been hired away by Pickering Energy Partners as the Houston-based firm expands
2023-06-08 01:46
Here's What Refining Margins Say About the State of the Oil Market
With an uncertain picture on oil supply and demand, traders are searching for any clear clues on where
2023-06-07 19:50
India’s MRPL Shelves Refinery Growth to Focus on Chemicals Bet
India’s Mangalore Refinery and Petrochemicals Ltd. shelved a planned refinery expansion to focus on boosting its petrochemical production
2023-06-07 12:23
Oil Steadies as Concerns Over Demand Overshadow Saudi Output Cut
Oil steadied amid persistent concerns over the demand outlook following a short-lived bounce on Saudi Arabia’s pledge to
2023-06-07 08:48
Surprise Saudi Move Leaves Asian Buyers Exploring More Russian, African Oil
Some Asian refiners are considering buying more crude from Russia and Africa after Saudi Arabia surprised the market
2023-06-07 01:48
China Biofuel Exporters Vow Higher Standards After EU Criticism
Chinese biodiesel producers pledged to improve compliance and export standards, days after European rivals called for action to
2023-06-06 10:26
Oil Dips as Optimism Over Saudi-Led Production Cut Fades Fast
Oil edged lower as traders weighed the outlook for supply and demand after Saudi Arabia’s surprise pledge for
2023-06-06 08:20
US Shale Seen Holding Firm on Returns Even as Saudis Cut Supply
US shale producers will stick to their previously announced plans for 2023 — growing output modestly while returning
2023-06-06 06:47
Russia’s Oil and Gas Revenue Shrank by Over a Third in May
Russia’s oil and natural gas revenue fell by more than a third in May, hit by lower crude
2023-06-05 20:54