With virus curbs lifted, analysts expect second quarter rebound in China fuel demand
April 24, 2020
China’s second quarter fuel demand is forecast to rebound from the first quarter, nearly matching year-ago levels, as Beijing lifts curbs to contain its coronavirus outbreak and resume the full output of the world’s second-largest econom...
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Analysis: Oil demand clouds darken despite Europe turning corner on lockdowns
April 24, 2020
Market pessimism continues to grow over the impact of COVID-19 on global oil demand despite signs that economic measures to contain the pandemic are starting to ease in Europe, the continent hardest-hit by the crisis.
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With virus curbs lifted, analysts expect second quarter rebound in China fuel demand
April 24, 2020
China’s second quarter fuel demand is forecast to rebound from the first quarter, nearly matching year-ago levels, as Beijing lifts curbs to contain its coronavirus outbreak and resume the full output of the world’s second-largest econom...
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The Future of Oil Demand Is Being Reshaped by Virus Lockdowns
April 22, 2020
Richie Merzian is still thinking about oil a lot in his professional capacity, but these days he’s using much less of it.
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Indian Oil Tanks Are 95% Full as Refiners Dump Fuel in Haste
April 22, 2020
India is quickly running out of space to store a swelling stockpile of fuel as every possible container -- including those in the 66,000 pump stations nationwide -- threatens to overflow.
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Indian Oil Tanks Are 95% Full as Refiners Dump Fuel in Haste
April 22, 2020
India is quickly running out of space to store a swelling stockpile of fuel as every possible container -- including those in the 66,000 pump stations nationwide -- threatens to overflow.
Read Article
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The Future of Oil Demand Is Being Reshaped by Virus Lockdowns
April 22, 2020
Richie Merzian is still thinking about oil a lot in his professional capacity, but these days he’s using much less of it.
Read Article
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World’s biggest oil storage firm says almost all space sold
April 21, 2020
The world’s biggest independent oil storage company said that space for traders to store crude and refined fuels has all but run out as a result of the fast-expanding glut that the Covid-19 (coronavirus) outbreak has created.
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World’s biggest oil storage firm says almost all space sold
April 21, 2020
The world’s biggest independent oil storage company said that space for traders to store crude and refined fuels has all but run out as a result of the fast-expanding glut that the Covid-19 (coronavirus) outbreak has created.
Read Ar...
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Indonesia Hires Tankers to Store Fuel While Seeking Bargains
April 20, 2020
Indonesia is hiring tankers to store refined fuels at sea as it seeks to take advantage of plunging prices of oil products such as gasoline and diesel.
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