Venezuelan Oil Too Big to Fail, at Least for China and Russia
November 03, 2017Venezuela’s sudden demand to renegotiate its billions in debt could complicate life for its two biggest oil patrons, China and Russia.
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India state-owned refiners export low-sulphur diesel in rare move
November 01, 2017India’s state-owned refiners are exporting low-sulphur diesel in a seldom seen flow of products as crude processing capacity returns amid a drop in demand due to a new sales tax and as regional flooding cuts fuel use, industry sources told Reuters...
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China has grand ambitions to dethrone the dollar. It may make a powerful move this year
October 24, 2017China is looking to make a major move against the dollar's global dominance, and it may come as early as this year.
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A new game on the energy chessboard
October 22, 2017With President Donald Trump refusing to re-certify Iran’s compliance with the nuclear deal, new variables have begun impacting the global energy equation.
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What's a bigger threat to gas demand than electric vehicles?
October 19, 2017Drivers who prefer to fill up the tank from the gas pump and deliver toxic fumes as they accelerate and emit a cloud of smoke have nothing to worry about.
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The massive Saudi Aramco IPO doesn't look like a great investment to many
October 19, 2017Oil giant Saudi Aramco is readying what's set to be the biggest initial public offering ever. But as it turns out, investors might not be all that interested.
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Asia naphtha prices seen firm as Nov demand surge beats jump in Western supplies
October 18, 2017Asia’s seemingly unquenchable thirst for naphtha is set to keep prices firm through the end of this year, even as supplies from Western sources, including Europe and the Mediterranean basin, rise to a four-month high in November, industry sources ...
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Big oil to bet on petrochemicals as demand peak looms
October 18, 2017Remember that “This Ain’t Your Daddy’s Oil” commercial that blew up on Twitter at this year’s Super Bowl? It was about crude oil being used for things other than fuels.
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Is an oil price rally in the works?
October 16, 2017There has been wide-spread optimism over the past few months that an oil price rally is in the works. With a violent hurricane season and the threat of new sanctions against Iran, bulls have been expecting oil prices to rise. However, a scenario w...
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What's stopping an oil price rally?
October 15, 2017Oil supply disruptions, high OPEC oil cut deal compliance rates, an extra-violent hurricane season, and the threat of new U.S. sanctions against Iran have fed optimism in oil markets over the past couple of months. Yet there’s bad news for bulls: ...
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