Asia's gasoline glut drags refining margins to 3-month low
April 20, 2018Gasoline profits for Asia's oil refiners hit their lowest since 2016, while refining margins have touched a three-month low, pulled down by high crude oil prices and an oversupply of fuel.
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India jet fuel demand to soar as domestic air travel takes off
April 18, 2018An Indian push to connect more cities via airports as an expanding middle class increasingly takes to the skies is set to help propel the country’s demand for jet fuel to record highs this year.
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A 19% Profit Slide Looms for Fuel That Underpinned Oil's Rebound
April 18, 2018The beginning of summer may herald the end of a boom for the fuel that underpinned crude’s rally into a bull market last year.
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Crude Slips as Barclays Predicts High Change of Price Collapse Later This Year
April 17, 2018Even though a far better outcome with the U.S. missile attacks against caused U.S. crude to drop $1.17 per barrel on Monday, pundits point out there is plenty of other geopolitical tension coming down the turnpike to keep oil prices elevated for t...
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If oil hits $80, there's a lot more at play than airstrikes in Syria
April 16, 2018Saturday's U.S.-led airstrikes on Syria are likely to draw only a muted response in oil markets.
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Adnoc offers first competitive bidding for oil and gas concessions
April 10, 2018Abu Dhabi National Oil Company is offering six oil and gas concessions in the emirate that contain substantial amounts of hydrocarbons for bidding, the first time ever major onshore and offshore blocks to be offered in a competitive round.
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India looks to use new-found clout to seek better oil bargains
April 08, 2018India is aiming to drive harder bargains with global oil producers, including Saudi Arabia, during bilateral meetings at a conference of energy ministers this week, officials said, leveraging its strength as the world’s third-biggest crude importe...
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Saudi Arabian women to drive economic growth from aviation to banking
April 02, 2018When Wafaa Mukhtar saw the job advert for a Saudi female driver, she first thought it was a joke.
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Bahrain makes biggest oil discovery since 1932
April 01, 2018Bahrain, the smallest oil producer in the Arabian Gulf, has made an oil discovery off its west coast - the largest since the commodity was first discovered in the country in 1932.
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European trader Vitol stores gasoline aboard ships off Singapore
March 29, 2018European trader Vitol is storing gasoline on tankers offshore Singapore, Asia’s biggest oil trading centre, for the first time since 2016 amid oversupply and weak demand for the fuel, said four people that participate in the market on Wednesday.
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