Asian fuel exporters are hungrily eyeing Australia as the country’s shutdown of almost all its refineries creates a bright demand spot amid otherwise coronavirus crimped markets.   Read Article  +

Asian fuel exporters are hungrily eyeing Australia as the country’s shutdown of almost all its refineries creates a bright demand spot amid otherwise coronavirus crimped markets.   Read Article  +

China’s daily refinery throughput rose 15% in the first two months of the year, from a low base a year earlier, as fuel demand remains solid and refineries rush to hike production ahead of maintenance season.   Read Article  +

The U.S. policy of stopping Iran from exporting oil suffered a setback after a United Arab Emirates sheikh laid claim to a cargo that Washington seized and alleged is from the Islamic Republic.   Read Article  +

The U.S. policy of stopping Iran from exporting oil suffered a setback after a United Arab Emirates sheikh laid claim to a cargo that Washington seized and alleged is from the Islamic Republic.   Read Article  +

China’s daily refinery throughput rose 15% in the first two months of the year, from a low base a year earlier, as fuel demand remains solid and refineries rush to hike production ahead of maintenance season.   Read Article  +

Crude oil in storage at major land and sea hubs rose last week, analysts and ship trackers said, as a build-up in China and the U.S. Gulf Coast reflected oil markets’ bumpy road to recovery.   Read Article  +

Crude oil in storage at major land and sea hubs rose last week, analysts and ship trackers said, as a build-up in China and the U.S. Gulf Coast reflected oil markets’ bumpy road to recovery.   Read Article  +

Oil prices advanced and the energy sector outperformed the broader equity market Wednesday, propelled higher following a report that major oil producers are considering sticking with production cuts next month.   Read Article  +

Oil prices advanced and the energy sector outperformed the broader equity market Wednesday, propelled higher following a report that major oil producers are considering sticking with production cuts next month.   Read Article  +