Oman's oil policy and energy development projects are expected to remain unchanged under the new sultan, but its weak financial resources could become a problem for the biggest Arab oil producer outside OPEC, analysts said.   Read Arti...  +

Iran is relying on its neighbouring countries to sell a surplus of gasoil it has created at home due to U.S. sanctions, trade documents and industry data showed.   Read Article  +

The timing of a package of Chinese tax reforms will have a greater impact on the future of the Asian bunker fuel market than the new International Maritime Organization (IMO) rules on sulphur in maritime fuel that came into effect on 1 J...  +

The timing of a package of Chinese tax reforms will have a greater impact on the future of the Asian bunker fuel market than the new International Maritime Organization (IMO) rules on sulphur in maritime fuel that came into effect on 1 J...  +

India -- one of Asia’s biggest diesel exporters -- is having to import large quantities of the industrial fuel as its refineries gear up for new emission rules that take effect in April.   Read Article  +

China's crude oil imports in 2019 surged 9.5% from a year earlier, setting a record for a 17th straight year, as demand growth from new refineries built last year propelled purchases by the world's biggest importer, data showed on Tuesda...  +

China's crude oil imports in 2019 surged 9.5% from a year earlier, setting a record for a 17th straight year, as demand growth from new refineries built last year propelled purchases by the world's biggest importer, data showed on Tuesda...  +

India -- one of Asia’s biggest diesel exporters -- is having to import large quantities of the industrial fuel as its refineries gear up for new emission rules that take effect in April.   Read Article  +

Oil prices jumped 5 per cent after Iran launched strikes against US military bases in Iraq in retaliation for the killing of commander Qassem Soleimani. But by Wednesday afternoon gains in crude had reversed, with prices trading lower th...  +

Oil prices and global stock markets stabilised after an initial jolt of volatility in the hours after an Iranian missile strike against American forces in Iraq significantly escalated tensions in the Middle East.   Read Article  +