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.   Read Ar...  +

The Middle East is making progress in cutting natural gas flaring even as the wider region including North Africa, as well as the US, is showing no sign of a reduction, wasting billions of dollars in lost revenue if the gas was used.   ...  +

It’s not typical of Mukesh Ambani, Asia’s richest tycoon, to announce a deal before signing a document.   Read Article  +

It’s not typical of Mukesh Ambani, Asia’s richest tycoon, to announce a deal before signing a document.   Read Article  +

The Middle East is making progress in cutting natural gas flaring even as the wider region including North Africa, as well as the US, is showing no sign of a reduction, wasting billions of dollars in lost revenue if the gas was used.   ...  +

Dilip Lamba, who owns a transport company in Jodhpur in western India, has had more than three-quarters of his fleet of 50 trucks idling for months. Dharampal Nambardar, a farmer who grows wheat and mustard seed in Haryana state, is worr...  +

Dilip Lamba, who owns a transport company in Jodhpur in western India, has had more than three-quarters of his fleet of 50 trucks idling for months. Dharampal Nambardar, a farmer who grows wheat and mustard seed in Haryana state, is worr...  +

It has been the big debate among oil market insiders and observers since the depths of the initial COVID-19 outbreak in March – is it possible that global demand for crude oil will turn out to have peaked in 2019?   Read Article  +

It has been the big debate among oil market insiders and observers since the depths of the initial COVID-19 outbreak in March – is it possible that global demand for crude oil will turn out to have peaked in 2019?   Read Article  +

Taiwan's gasoline exports this year are expected to fall by 50 per cent versus 2019 as its two refiners scale back supplies to combat slow demand, a move that could help keep excess supplies down, industry sources said.   Read Article  +