The bear market in oil keeps getting worse as worries about global growth and a supply glut ratchet higher.   Read Article  +

The bear market in oil keeps getting worse as worries about global growth and a supply glut ratchet higher.   Read Article  +

Oil refiners’ profits in Asia have slumped to the lowest in more than four years after refineries ramped up output in the fourth quarter and churned out excess fuel in anticipation of stronger demand during winter.   Read Article  +

Singapore’s refinery margins for making gasoline have fallen to their weakest levels in seven years - so low that churning out this key motor fuel has become a loss-making business.   Read Article  +

Saudi Arabia’s crude pricing in the world’s biggest oil market is reflecting tumbling profits from making cleaner fuels in Asia.   Read Article  +

The Organization of Petroleum Exporting Countries (OPEC) created a mess. That’s according to FGE founder and chairman Fereidun Fesharaki, who made the statement in a television interview with Bloomberg on Wednesday.   Read Article  +

Light, sweet crude oil gained modestly Dec. 4 to settle above $53/bbl on the New York market while Brent crude oil also gained slightly to settle above $62/bbl as market participants considered Qatar’s announcement that it plans to leave...  +

Interest in the refinery by-product vacuum gasoil (VGO) is increasing as analysts ponder the impact of IMO 2020 on VGO and related refined oil products.   Read Article  +

Drivers of gasoline-powered cars could be about to face an unexpected source of competition when filling up at the pump: merchant ships.   Read Article  +

With supply from major producer Iran uncertain, big condensate user South Korea is scouring the world for alternative sources of this key ingredient in its large chemical industry to avert shortages - a process that is proving to be cost...  +