Saudis Plan Big Oil Output Hike, Beginning All-Out Price War
March 07, 2020
Saudi Arabia plans to boost oil output next month to well above 10 MMbpd, as the kingdom responds aggressively to the collapse of its OPEC+ alliance with Russia.
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Overloaded Storage Facilities Likely to Mean Even Lower Oil Prices
March 04, 2020
Storage facilities around the world are brimming with cheap oil and could run out of space within months, traders and analysts say, a predicament that could drive down crude prices to unprecedented single-digit dollar amounts. [Article b...
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China to ramp up petrols exports amid virus, adding to regional glut
March 04, 2020
China is to ramp up petrol exports in March and April as its refiners rid themselves of excess stock in the world's largest energy consumer after the coronavirus outbreak hit domestic fuel sales.
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China to ramp up petrols exports amid virus, adding to regional glut
March 04, 2020
China is to ramp up petrol exports in March and April as its refiners rid themselves of excess stock in the world's largest energy consumer after the coronavirus outbreak hit domestic fuel sales.
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Overloaded Storage Facilities Likely to Mean Even Lower Oil Prices
March 04, 2020
Storage facilities around the world are brimming with cheap oil and could run out of space within months, traders and analysts say, a predicament that could drive down crude prices to unprecedented single-digit dollar amounts. [Article b...
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Analysis: OPEC prepares to dial back the clock to 2003 with deeper oil cuts
March 03, 2020
As ministers began arriving Tuesday in Vienna for what one predicted would be "marathon" talks over a response to the COVID-19 epidemic, OPEC appears ready to slash its crude production to levels not seen in almost 17 years.
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Delayed Chinese Fuel Flood Risks More Pain for Asia Refiners
March 03, 2020
Already struggling with weak demand for diesel, jet fuel and gasoline, Asian refiners look set to be hit by a deluge of Chinese supply.
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Delayed Chinese Fuel Flood Risks More Pain for Asia Refiners
March 03, 2020
Already struggling with weak demand for diesel, jet fuel and gasoline, Asian refiners look set to be hit by a deluge of Chinese supply.
Read Article
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Analysis: OPEC prepares to dial back the clock to 2003 with deeper oil cuts
March 03, 2020
As ministers began arriving Tuesday in Vienna for what one predicted would be "marathon" talks over a response to the COVID-19 epidemic, OPEC appears ready to slash its crude production to levels not seen in almost 17 years.
Read Art...
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India sees 2020/21 fuel demand growth rebound
March 02, 2020
India expects its refined products demand growth to rebound to 3.8% in the financial year beginning April, tracking improved economic growth, according to government estimates that were made in January before the coronavirus broke out.
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