Australia is pulling gasoline from 14,500 miles away in Europe, with companies including Trafigura Group Ltd. among those sending cargoes on what is a rare trade. Read Article  +

Oil investors rattled by the threat of U.S. output can find some cheer from diesel demand in Asia. Read Article  +

If you’re pumping natural gas in the U.S., you’re probably missing out on Asia’s boom. Read Article  +

The stock market is a dangerous place to be. Watching VIX spiked from 17 to 50+ then crashing back to 30 within two days can certainly cause a cardiac arrest or two. What’s even worse is that investors took this little dip as a buying opportunity ...  +

Chevron has sold the first cargo of condensate—the ultra-light oil often produced alongside natural gas—from the Wheatstone LNG facility in Australia to Thailand’s PTT, Reuters reported on Monday, quoting three sources familiar with the deal. Rea...  +

India’s increased focus on cleaner cooking fuel may open the door for imports of liquefied petroleum gas from the U.S., according to Facts Global Energy. Read Article  +

The fight between the U.S. and the Middle East for a slice of the Asian oil market is heating up, with their rivalry now spilling over into refined fuels. Read Article  +

Asian refiners and petrochemical makers are snapping up cargoes of Qatari condensates, driving a rally in spot prices for the ultra-light crude as some producers such as Iran and Malaysia curb supplies of their grades of the light oil. Read Article  +

Crude oil prices peaked to a three-year high on Thursday due to a weakening United States dollar, lower US inventories and continued cuts by the Organization of the Petroleum Exporting Countries (OPEC) and Russia. Read Article  +

The recent OPEC-led rally in crude prices is hitting refinery profits hard, flashing warning signs over oil’s bull run. Read Article  +