The Next Move in Oil Prices May Be Down, Not Up
July 26, 2020
Oil’s recovery is being hit from both sides.
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Mideast Gulf gasoline demand on road to recovery
July 23, 2020
Gasoline demand in the Mideast Gulf is picking up after an unprecedented fall in the first half of the year, with easing Covid-19 related restrictions and increasing driving activity suggesting the road to recovery may not be that long.
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China's oil port congestion to stretch on as record imports strain facilities
July 23, 2020
Congestion at China’s east coast oil ports that is adding to costs for shippers and importers is likely to run well into August, with crude shipments set to hit another record high this month, according to analysts and Refinitiv data.
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China's oil port congestion to stretch on as record imports strain facilities
July 23, 2020
Congestion at China’s east coast oil ports that is adding to costs for shippers and importers is likely to run well into August, with crude shipments set to hit another record high this month, according to analysts and Refinitiv data.
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Mideast Gulf gasoline demand on road to recovery
July 23, 2020
Gasoline demand in the Mideast Gulf is picking up after an unprecedented fall in the first half of the year, with easing Covid-19 related restrictions and increasing driving activity suggesting the road to recovery may not be that long.
...
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Peak Summer Middle East HSFO Demand Propels Spot Online Trading in Singapore
July 22, 2020
A surge in high sulfur fuel oil (HSFO) demand for seasonal summer power generation in the Middle East may have led to a seven-fold increase in online transactions of mostly 380 CST HSFO in Singapore, said market participants.
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Bleak aviation outlook has Asian refiners juggling fuel output
July 22, 2020
A handful of travel-starved Taiwanese recently boarded a plane at Taipei International Airport that never took off. The flight to nowhere gave passengers an opportunity to dream about vacationing abroad but it was also emblematic of the ...
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Saudis Stuck Home for Summer Burn More Oil for Air Conditioners
July 22, 2020
As the Middle East enters the hottest days of summer, Saudi Arabia is set to burn potentially record amounts of crude oil to run its power plants and keep its citizens comfortably air-conditioned.
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Saudis Stuck Home for Summer Burn More Oil for Air Conditioners
July 22, 2020
As the Middle East enters the hottest days of summer, Saudi Arabia is set to burn potentially record amounts of crude oil to run its power plants and keep its citizens comfortably air-conditioned.
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Bleak aviation outlook has Asian refiners juggling fuel output
July 22, 2020
A handful of travel-starved Taiwanese recently boarded a plane at Taipei International Airport that never took off. The flight to nowhere gave passengers an opportunity to dream about vacationing abroad but it was also emblematic of the ...
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