Asian refiners’ profits from gasoil have more than trebled from a record low seen in early May as demand recovers after sweeping lockdowns imposed to curb the COVID-19 pandemic, although refiners ramping up production after maintenance c...  +

The world’s biggest lockdown may have eased in India, but the country’s oil refineries are finding it tough going to pull off a complete recovery as fuel demand remains below pre-virus levels and stockpiles swell.   Read Article  +

The world’s biggest lockdown may have eased in India, but the country’s oil refineries are finding it tough going to pull off a complete recovery as fuel demand remains below pre-virus levels and stockpiles swell.   Read Article  +

US petrol consumption jumped last week, as coronavirus lockdowns continued to ease and American motorists returned to the roads.   Read Article  +

A surge in Chinese gasoline exports is threatening to derail a nascent recovery in profits for Asian refiners making the motor fuel, who have endured months of virus-driven demand destruction.   Read Article  +

Abu Dhabi National Oil Co., the UAE's biggest energy producer, is expected to use proceeds from its $20.7 billion gas pipeline deal to help finance projects aimed at boosting production to eventually reach gas self-sufficiency and even b...  +

China will press the brakes on crude imports in the third quarter, after record purchases in recent months, as higher oil prices hurt demand and refiners worry about a second virus outbreak, analysts and trade sources said.   Read Arti...  +

China will press the brakes on crude imports in the third quarter, after record purchases in recent months, as higher oil prices hurt demand and refiners worry about a second virus outbreak, analysts and trade sources said.   Read Arti...  +

Abu Dhabi National Oil Co., the UAE's biggest energy producer, is expected to use proceeds from its $20.7 billion gas pipeline deal to help finance projects aimed at boosting production to eventually reach gas self-sufficiency and even b...  +

A surge in Chinese gasoline exports is threatening to derail a nascent recovery in profits for Asian refiners making the motor fuel, who have endured months of virus-driven demand destruction.   Read Article  +