Despite the economic slowdown in the U.S. and Europe and a failed strong rebound in China, the diesel market globally is tight and set to enter the crop and heating seasons with lower-than-average inventories. Read Article  +

Despite lingering concerns about China’s economy, global oil demand hit a record high in June and could be on track for another record in August, the International Energy Agency (IEA) said in its latest monthly report. The cuts from OPEC...  +

China's crude oil imports from Saudi Arabia and Russia are showing signs of a rebound in August after declines in July, but those gains are not likely to last as refineries wait for the next announcement on import quotas. Read Article  +

At any other time in history, the current state of the global diesel market would have sent some countries into a panic. Read Article  +

Cash differentials in Asia’s fuel oil markets were stable in thin trading this week, with HSFO premiums staying strong due to a counter-seasonal draw in inventories across key trading hubs. Read Article  +

Cash differentials in Asia’s fuel oil markets were stable in thin trading this week, with HSFO premiums staying strong due to a counter-seasonal draw in inventories across key trading hubs. Read Article  +

At any other time in history, the current state of the global diesel market would have sent some countries into a panic. Read Article  +

China's crude oil imports from Saudi Arabia and Russia are showing signs of a rebound in August after declines in July, but those gains are not likely to last as refineries wait for the next announcement on import quotas. Read Article  +

Despite lingering concerns about China’s economy, global oil demand hit a record high in June and could be on track for another record in August, the International Energy Agency (IEA) said in its latest monthly report. The cuts from OPEC...  +

Despite lingering concerns about China's economy, global oil demand hit a record high in June and could be on track for another record in August, the International Energy Agency (IEA) said in its latest monthly report. Read Article  +