Asia Energy - Markets - Business Recorder

Energy

Oil prices slide as supply boost, weaker demand fears weigh

SINGAPORE: Crude oil prices fell on Monday, under pressure from expectations of increasing supplies and a lower...

Published 15 Nov, 2021 11:41am

Energy

China's INE adds to Sinopec's Commercial Petroleum Reserve Co storage capacity

The additional capacity includes an extra 400,000 cubic metres at Sinopec's storage in the southern Guangdong provi

Published 24 Apr, 2020 12:11pm

Energy

Oil pushes higher, but doubts grow about output cut deal

US benchmark West Texas Intermediate was up about five percent at $23.94 a barrel in Asian afternoon trade, after e

Published 13 Apr, 2020 12:31pm

Energy

Asian gasoline margin hits record low

Worldwide lockdowns to limit the spread of the coronavirus have crushed petrol demand, making gasoline the worst hi

Published 06 Apr, 2020 01:06pm

Energy

Asia spot LNG prices tumble to record low of $2.622/MMbtu-Platts

The previous record was on Feb. 14, when prices fell to $2.713 per MMBtu, said Ciaran Roe, head of LNG pricing at S

Published 30 Mar, 2020 03:13pm

Energy

Oil rises amid hope for short economic hit from coronavirus outbreak

Brent crude was up by 51 cents, or 0.9pc, at $58.26 a barrel by 0732 GMT, while U.S. oil was up 55 cents, or 1.1pc,

Published 19 Feb, 2020 11:22am

Energy

Oil prices fall 1pc as market weighs coronavirus impact on demand

Brent crude was at $56.88 a barrel, down 79 cents, or 1.4pc, by 0746 GMT, while U.S. West Texas Intermediate crude

Published 18 Feb, 2020 10:53am

Energy

Oil prices mixed as demand concerns outweigh output cut expectations

OPEC yesterday lowered its 2020, forecast for demand for the group's crude by 200,000 bpd. Brent and WTI have

Published 13 Feb, 2020 10:10am

Energy

U.S. oil may bounce into $51.54-$52.65 range

The contract found a strong support at $49.61, the 123.6pc projection level on a downward wave (3) from $59.73.

Published 12 Feb, 2020 11:31am

Energy

Oil jumps as slowdown in new China coronavirus cases eases fuel demand concerns

Brent crude was up 98 cents, or 1.8pc, at $54.99 per barrel at 0335 GMT. U.S. West Texas Intermediate (WTI) ro

Published 12 Feb, 2020 10:39am

Energy

Oil rebounds amid broad market recovery; investors still wary

Brent crude rose 53 cents, nearly 1pc, to $53.80 a barrel by 0730 GMT, retreating from an intraday high of $54.16.

Published 11 Feb, 2020 11:46am

Energy

Oil rises on likely OPEC+ output cuts amid coronavirus outbreak

Oil prices have fallen by more than a fifth since the outbreak of the virus in the city of Wuhan in China. US

Published 07 Feb, 2020 11:04am

Energy

Oil prices rebound, fuelled by hopes for OPEC+ supply cuts

Oil prices are now at levels where we would expect a supply response from both OPEC and shale producers. UBS h

Published 04 Feb, 2020 08:48am

Energy

Oil rises as WHO declares emergency, but opposes travel restrictions

U.S. West Texas Intermediate (WTI) rose by 34 cents to $52.48 a barrel. It is 3.2pc lower on the week. China's

Published 31 Jan, 2020 11:11am

Energy

Tokyo Gas cuts FY city gas sales forecast as warmer weather weakens demand

Japan's biggest supplier of city gas also booked a 9.9 billion yen ($90 million) loss on the Ichthys Liquefied Natu

Published 30 Jan, 2020 10:26am

Energy

Oil spill from S-Oil's offshore buoy contained off the coast of South Korea

The leak occurred early Wednesday as the offshore buoy's pressure gauge was broken but the source of the leak was s

Published 29 Jan, 2020 11:21am

Energy

Indian shares fall as China virus spreads; metals stocks slide

India's NSE Nifty 50 index was down 0.44pc at 12,194.00 by 0420 GMT, while the S&P BSE Sensex was 0.43 lower at

Published 27 Jan, 2020 11:46am

Energy

Oil rises, but potential impact of China virus on fuel demand haunts market

Brent crude futures were up 31 cents, or 0.5pc, at $62.35 a barrel by 0741 GMT after falling 1.9pc the previous ses

Published 24 Jan, 2020 11:33am

Energy

Brunei LNG cargo for March delivery sold below $4/mmBtu

Brunei LNG also sold a March 12-15 delivery cargo at around $4.40 per mmBtu, one of them said. The cargoes wer

Published 21 Jan, 2020 11:24am

Energy

Asia Naphtha/Gasoline-Cracks hurt by higher oil prices

Asia's gasoline crack was near a 1-1/2 week low of $4.38 a barrel as ample supplies persisted. China's overall

Published 20 Jan, 2020 12:07pm

Energy

Brent oil may test resistance at $71.98

Brent oil may test a resistance at $71.98 per barrel. The fifth wave labeled 5 has extended. It is expect

Published 08 Jan, 2020 01:46am

Energy

Oil prices surf US-China trade thaw to 3-month highs

The deal between the world's two largest economies has improved the global economic outlook. Brent crude futur

Published 19 Dec, 2019 11:54am

Energy

Russia's Rosneft seeks Japanese investors for giant Vostok oil development

The project will require construction of pipelines, roads, a sea port and other infrastructure. Rosneft wants

Published 11 Dec, 2019 11:02am

Energy

Oil mixed amid slow holiday trade before OPEC+ meeting

Brent futures are set for a slight gain of 0.6pc for the week, the fourth weekly increase. Russian oil compani

Published 29 Nov, 2019 11:56am

Energy

Oil gains on U.S.-China trade talks optimism

Brent crude futures were at $63.73, up 34 cents or 0.54pc, the benchmark having also finished little changed last w

Published 25 Nov, 2019 12:22pm

Energy

China CNPC's $8.5bn gas storage project starts construction

State energy group CNPC said in January it planned to build 23 more gas storage facilities by 2030. The projec

Published 20 Nov, 2019 12:45pm

Energy

Indian Oil in talks with Rosneft to import Russian oil

We have taken very small quantities from Russia in the past which cant be considered significant so we are trying t

Published 12 Nov, 2019 01:10pm

Energy

India's diesel exports to weigh on Asia's refining margins

Indian Oil Corp , Bharat Petroleum Crop and Hindustan Petroleum Corp, used to buy in supplies from private companie

Published 08 Nov, 2019 12:17pm

Energy

China issues more crude oil import quotas for 2019

Third batch of quotas allocated to 19 companies-document Total quotas issued for 2019 reach 166 mln tonnes

Published 22 Oct, 2019 12:06pm

Energy

Asia Naphtha/Gasoline-Naphtha timespread rises indicating tight supplies

SINGAPORE: Asia's naphtha crack recovered to a two-session high of $86.53 a tonne, while the intermonth t

Published 21 Oct, 2019 11:27am

Energy

Oil prices fall on signs of large US stock build

US crude inventories soared by 10.5 million barrels to 432.5 million barrels in the week to Oct. 11. Global be

Published 17 Oct, 2019 10:20am

Energy

India's Nayara supplying fuel to Rosneft in exchange for Venezuelan oil

The United States in January prohibited US-dollar transactions for oil sales from Venezuela's PDVSA or its units.

Published 15 Oct, 2019 07:45pm

Energy

China's CNOOC aims to trial LNG shipments through trains

CNOOC will send LNG from the Guangxi, Zhuhai, Zhejiang and Tianjin LNG terminals to central China via trains.

Published 15 Oct, 2019 11:55am

Energy

Tokyo Gas rejects delivery of LNG tanker after power outage

The carrier regained power but Tokyo Gas did not take delivery for safety reasons because the carrier operator did

Published 11 Oct, 2019 12:09pm

Energy

Oil prices dip on wilting hopes for U.S.-China trade deal

OPEC member Venezuela will also increase its exports despite U.S. economic sanctions that have curtailed shipments.

Published 10 Oct, 2019 11:44am

Energy

Oil falls a third day as U.S.-China trade tensions may limit demand

Brent crude futures fell 12 cents, or 0.2pc, to $58.12 a barrel by 0656 GMT. U.S. industry data showing a bigg

Published 09 Oct, 2019 11:28am

Energy

Asia Naphtha/Gasoline-Naphtha crack hits 11-month high

Premiums for Indian cargoes have been surging after the Sept. 14 attacks on Saudi Arabia's oil facilities. Thi

Published 08 Oct, 2019 01:44pm

Energy

Oil prices little changed, cautious mood ahead of U.S.-China trade talks

U.S. and Chinese officials will meet in Washington on Oct. 10-11 in the next, much-anticipated fresh effort to work

Published 07 Oct, 2019 09:37am

Energy

Iran says China's CNPC pulls out of gas project

Iran's oil minister said Sunday that China's CNPC has withdrawn from the development of an offshore gas field.

Published 06 Oct, 2019 01:13pm

Energy

Oil climbs but set for big weekly loss over demand worries

Brent crude oil futures rose 12 cents, or 0.2%, to $57.83 a barrel by 0703 GMT, while U.S. West Texas Intermediate

Published 04 Oct, 2019 08:15am

Energy

Asia Naphtha/Gasoline-Gasoline at near 2-week high; CNOOC seeks naphtha

Asia's gasoline crack neared a two-week high of $9.71 a barrel on Thursday as supplies were tightening due to refin

Published 03 Oct, 2019 12:09pm

Energy

Asia Naphtha/Gasoline-Naphtha crack hits 9-month high

Asia's naphtha crack rose for a fifth straight session to touch a nine-month high of $66.40 a tonne on Wednesday.

Published 02 Oct, 2019 11:07am

Energy

Oil sinks amid threats to demand growth, fading Saudi supply concerns

"Oil prices continued to slide lower after a drop in China's industrial profits in August reinforced worries that t

Published 27 Sep, 2019 08:20am

Energy

Asia Naphtha/Gasoline-Timespread, premiums highest since 2018

Naphtha price for front-month first-half November was $13.50 higher than the following month, making this the wides

Published 26 Sep, 2019 12:59pm

Energy

U.S. oil may rise to $72.36 per barrel in Q4

U.S. oil may rise to $72.36 per barrel in the fourth quarter. This cycle has been well controlled by a set of

Updated 23 Sep, 2019 09:41am

Energy

Brent oil may retest $71.74-$72.66 per barrel resistance zone in Q4

Oil may be confined within the range of $63.96-$72.66 over the next few weeks. This dramatic rally, although d

Published 20 Sep, 2019 12:10pm

Energy

Saudi Aramco books at least 120,000 T European naphtha for Asia after attacks

That some of the cargoes are to be supplied to South Korea. Oil Research shows that Aramco chartered vessel Br

Published 20 Sep, 2019 10:35am

Energy

Oil holds huge gains after Saudi blasts; Fed decision in view

Oil prices dipped Tuesday but held most of the previous day's record gains following an attack on Saudi facilities

Published 17 Sep, 2019 08:34am

Energy

Oil prices surge after attacks hammer Saudi output

Trump says US 'locked and loaded' to respond to Saudi oil attack Trump authorized the release of US supplies f

Updated 16 Sep, 2019 08:27am

Energy

Oil slips on global demand fears despite U.S.-China trade talk hopes

Brent crude was down 23 cents, or 0.4%, at $60.15 a barrel by 0648 GMT. Nearly 80% of more than 60 economists

Published 13 Sep, 2019 08:51am

Energy

Oil gains on signs of thaw in U.S.-China trade war, inventory fall

TOKYO: Oil prices rose on Thursday, recouping some of the heavy losses in the previous session, on signs of easing trad

Published 12 Sep, 2019 09:58am

Energy

U.S. oil may retest resistance at $58.59

SINGAPORE: U.S. oil may retest a resistance at $58.59 per barrel, a break above which could lead to a gain to $59.75.

Published 11 Sep, 2019 08:35am

Energy

Oil prices gain after bigger-than-expected fall in U.S. stockpiles

TOKYO: Oil prices traded higher on Wednesday after an industry report said U.S. crude stockpiles fell last week by more

Published 11 Sep, 2019 07:29am

Energy

Oil steadies, set for weekly gain amid hopes for end to U.S.-China trade war

TOKYO: Oil prices were steady on Friday, with crude benchmarks poised for multi-week gains amid a sharp drawdown in U.S.

Published 06 Sep, 2019 08:23am

Energy

Oil eases on U.S. stocks build despite trade talk hopes

TOKYO: Oil prices eased on Thursday after a report showed U.S. crude inventories rose against expectations, even as Wash

Published 05 Sep, 2019 10:08am

Energy

Oil prices nudge higher, but economic worries loom

SINGAPORE: Oil prices recovered some ground on Wednesday, boosted by a wider market pickup on positive news from China's

Published 04 Sep, 2019 07:28am

Energy

Brent oil still targets $57.13-$57.91 range

SINGAPORE: Brent oil still targets a range of $57.13-$57.91 per barrel, as suggested by a wedge and a retracement analys

Published 03 Sep, 2019 08:26am

Energy

Oil prices mixed as market eyes trade war, awaits stocks data

TOKYO: Oil prices were mixed on Tuesday as the ongoing U.S.-China trade war cast a pall over markets, with soft South Ko

Published 03 Sep, 2019 07:55am

Energy

U.S. oil to fall towards $52.99

SINGAPORE: U.S. oil is expected to break a support at $54.51 per barrel and fall towards the next support at $52.99, as

Published 03 Sep, 2019 07:53am

Energy

Oil falls as U.S., China add more tariffs in trade war

TOKYO: Oil prices weakened on Monday after new tariffs imposed by the United States and China came into force, raising c

Published 02 Sep, 2019 07:05am

Energy

Oil set for biggest weekly gain since July on trade dispute hopes

TOKYO: Oil prices on Friday were set for their biggest weekly gains since early July, boosted by a decline in U.S invent

Published 30 Aug, 2019 10:08am

Energy

Oil rises after inventory draw eases recession worries

TOKYO: Oil prices rose on Wednesday, with U.S. crude gaining 1.3% after an industry report showed stockpiles in the Unit

Published 28 Aug, 2019 08:34am

Energy

Oil rises after inventory draw eases recession worries

TOKYO: Oil prices rose on Wednesday, with U.S. crude gaining 1.3% after an industry report showed stockpiles in the Unit

Published 28 Aug, 2019 08:24am

Energy

Kazakhstan's oil exports to China fall by 22pc in Jan-July

MOSCOW: Kazakhstan's oil exports to China fell by 22% in January-July from the same period a year ago reflecting a r

Published 27 Aug, 2019 01:07pm

Energy

Oil rises as hopes grow for U.S.-China trade breakthrough

TOKYO: Oil prices rose on Tuesday after U.S. President Donald Trump predicted a trade deal with China after positive com

Published 27 Aug, 2019 09:52am

Energy

Brent oil may retest support at $58.18

SINGAPORE: Brent oil may retest a support at $58.18 per barrel, a break below which could cause a fall to $57.67. The

Published 26 Aug, 2019 08:57am

Energy

Oil falls as trade war raises recession fears

TOKYO: Oil prices fell on Monday, pushing U.S. crude to its lowest in more than two weeks, as an intensifying U.S.-China

Published 26 Aug, 2019 08:43am

Energy

Oil drops as recession risks mount with trade war tariffs

TOKYO: Oil prices fell on Monday, pushing U.S. crude to the lowest in more than two weeks, as an intensifying trade war

Published 26 Aug, 2019 06:49am

Energy

China's July gasoline exports near record as domestic output climbs

BEIJING/SINGAPORE: China's gasoline exports in July rose to near-record monthly levels, customs data showed on Friday, a

Published 23 Aug, 2019 10:49am

Energy

Asian refiner profits hammered by free-fall in fuel oil margins

SINGAPORE: Asian refining margins have tumbled more than 50% since mid-July on anticipation of plummeting demand for hig

Published 23 Aug, 2019 08:05am

Energy

Oil prices nudge higher, eyes on speech by Fed chair

SINGAPORE: Oil prices clawed back the previous day's losses on Friday, with Brent nudging above $60 a barrel, as tighter

Published 23 Aug, 2019 07:12am

Energy

Iran says top waterways won't be as safe if its oil exports cut to zero

GENEVA: If Iran's oil exports are cut to zero, international waterways will not have the same security as before, it

Published 21 Aug, 2019 12:58pm

Energy

Brent oil futures climb above $60 on U.S. inventory draw

SINGAPORE: Brent crude oil futures rose above $60 a barrel for the first time in over a week on Wednesday after a data r

Published 21 Aug, 2019 08:24am

Energy

Oil prices rise on stimulus hopes, trade optimism

SINGAPORE: Crude oil prices edged up on Tuesday on optimism U.S.-China trade tensions will ease and on hopes major econo

Published 20 Aug, 2019 09:44am

Energy

Asia Naphtha/Gasoline-Naphtha gains but sharply lower vs year ago

SINGAPORE: Asia's naphtha crack rose to $20.85 a tonne on Monday but this was down by nearly 79% from a year ago due to

Published 19 Aug, 2019 02:40pm

Energy

China CNPC suspends Venezuelan oil loading, worried about U.S. sanctions-sources

SINGAPORE: China National Petroleum Corp has halted August loadings of Venezuelan oil following the latest set of U.S. s

Published 19 Aug, 2019 07:24am

Energy

Prices steady as Japan swelters and Texas plant readies export

SINGAPORE: Asian spot prices for liquefied natural gas (LNG) remained steady this week amid sweltering heat in Japan dri

Published 16 Aug, 2019 11:24am

Energy

China's Shenzhen Gas to launch new LNG terminal with cargo from ENI

SINGAPORE: Chinese city-gas distributor Shenzhen Gas will launch next week in southern China its first fully-owned termi

Published 16 Aug, 2019 09:27am

Energy

Oil rises as U.S. retail sales ease recession fears

TOKYO: Crude oil prices rose on Friday following two days of declines, buoyed after data showing an increase in retail s

Published 16 Aug, 2019 07:15am

Energy

Japan's prices for spot LNG cargoes fall to lowest since May 2016

TOKYO: The price Japanese utilities paid for spot cargoes of liquefied natural gas (LNG) last month were at their lowest

Published 09 Aug, 2019 03:41pm

Energy

Oil edges up on expectations of more OPEC output cuts, but trade worries linger

SEOUL: Oil prices inched higher on Friday as expectations of more OPEC production cuts provided some support, although c

Published 09 Aug, 2019 07:36am

Energy

Oil jumps on expectations producers may cut supply after 4pc slump

SINGAPORE: Oil futures jumped more than $1 a barrel on Thursday, recovering half of the nearly 5pc losses in the previou

Published 08 Aug, 2019 12:06pm

Energy

China's Guangzhou Gas buys LNG cargo for August

SINGAPORE: China's Guangzhou Gas has bought a liquefied natural gas (LNG) cargo for delivery in August, three industry s

Published 08 Aug, 2019 11:46am

Energy

Oil jumps on expectations producers may cut supply after 4pc slump

SINGAPORE: Oil futures jumped more than $1 a barrel on Thursday, recovering half of the nearly 5% losses in the previous

Published 08 Aug, 2019 08:48am

Energy

Japan LNG buyers talk tough as spot prices drop to 3-year lows

SINGAPORE: An inexorable decline in spot market prices for liquefied natural gas (LNG) is pushing utilities in Japan to

Published 07 Aug, 2019 12:40pm

Energy

Asia Naphtha/Gasoline-Naphtha margins extend losses on slow demand

SINGAPORE: Asia's naphtha crack extended losses on Tuesday to reach close to a six-week low of $22.78 a tonne, with buye

Published 06 Aug, 2019 02:31pm

Energy

Oil hovers around $60 as US-China trade tensions weigh

LONDON: Oil prices rebounded slightly on Tuesday from big falls in recent sessions, but Brent crude remained near seven-

Published 06 Aug, 2019 12:07pm

Energy

Middle East Crude-Benchmarks drop after Saudi price cuts

SINGAPORE: Middle East crude market benchmarks weakened on Tuesday, after top oil exporter Saudi Arabia cut its Septembe

Published 06 Aug, 2019 12:03pm

Energy

Asia Distillates-Jet fuel cash differentials slip

SINGAPORE: Asia's cash premiums for jet fuel fell on Tuesday, hurt by lacklustre buying interest in the physical market,

Published 06 Aug, 2019 11:36am

Energy

Oil climbs on short-covering, U.S.-China trade war caps gains

SINGAPORE: Oil prices rose more than 1% on Tuesday as traders betting on falling prices bought back contracts to lock in

Published 06 Aug, 2019 08:44am

Energy

Middle East Crude-Benchmarks mixed; Saudi, Qatar, Indonesia set OSPs

SINGAPORE: Middle East crude market benchmarks were mixed on Monday as Oman dipped, while Dubai edged up after top oil e

Published 05 Aug, 2019 02:30pm

Energy

Indonesia's Bontang LNG plant offers September loading cargo

LONDON: Indonesia's Bontang liquefied natural gas (LNG) plant has offered a cargo for loading in September, two trade so

Published 05 Aug, 2019 02:26pm

Energy

Asia Naphtha/Gasoline-Naphtha at 1-1/2 week low; IOC offers more

SINGAPORE: Asia's naphtha crack fell to a 1-1/2 week low of $29.13 a tonne as spot purchases for September cargoes slowe

Published 05 Aug, 2019 02:01pm

Energy

Oil prices drop as U.S.-China trade war fuels growth concerns

SINGAPORE/TOKYO: Oil prices fell on Monday amid renewed global economic growth concerns after U.S. President Donald Trum

Published 05 Aug, 2019 08:54am

Energy

Qatar raises July marine crude OSP to $64.75/bbl; up $1.30

SINGAPORE: * Qatar has set its July retroactive official selling price (OSP) for its Marine crude at $64.75 a barrel, up

Published 05 Aug, 2019 08:51am

Energy

Oil prices fall as trade tensions hit demand outlook

SINGAPORE/TOKYO: Oil prices fell on Monday amid renewed global economic growth concerns after U.S. President Donald Trum

Published 05 Aug, 2019 07:22am

Energy

GLOBAL LNG-Asian prices drop to more than 3-year low

SINGAPORE: Asian spot prices for liquefied natural gas (LNG) dropped to a more than three-year low this week, dragged do

Published 02 Aug, 2019 10:28am

Energy

Oil prices regain ground after overnight plunge on tariffs

TOKYO: Oil prices rose around 2% on Friday, regaining ground after the biggest falls in years as U.S. President Donald T

Published 02 Aug, 2019 10:22am

Energy

LNG traders consider shipping options, betting on winter demand

SINGAPORE: Traders are starting to make enquiries to book vessels to store or ship liquefied natural gas (LNG) as they b

Published 02 Aug, 2019 09:13am

Energy

Saudi Arabia may cut crude oil prices to Asia in Sept

SINGAPORE: Top oil exporter Saudi Arabia may cut prices for most of the crude grades it sells to Asia for a second strai

Published 02 Aug, 2019 08:25am

Energy

Oil prices rebound after Trump trade tariffs trigger plunge

TOKYO: Oil prices rose more than 2% on Friday, rebounding from their biggest falls in years after U.S. President Donald

Published 02 Aug, 2019 08:13am

Energy

Asia Fuel Oil-380-cst cash premium, time spread extend gains

SINGAPORE: Asia's high-sulphur fuel oil (HSFO) extended gains on Thursday with firm buying interest lifting 380-cst HSFO

Published 01 Aug, 2019 01:28pm

Energy

Oil slips 1pc after Fed signals no more rate cuts, U.S. output gains

TOKYO: Oil prices skidded on Thursday, declining for the first time in six days, after the U.S. Federal Reserve dampened

Published 01 Aug, 2019 08:53am

Energy

Asia LNG spot cargoes trade below $4 per mmBtu in sign of glut

SINGAPORE: Cargoes of liquefied natural gas are trading in Asia below $4 per million British thermal units for the first

Updated 01 Aug, 2019 08:59am

Energy

Oil rises for 5th straight day as market awaits Fed, stockpiles fall

TOKYO: Oil prices rose for a fifth day on Wednesday, buoyed by a bigger-than-expected drop in U.S. inventories and as in

Published 31 Jul, 2019 07:56am

Energy

Indonesia is unlikely to begin natural gas imports in 2025 - minister

JAKARTA: Indonesian Energy Minister Ignasius Jonan told reporters on Wednesday the country is unlikely to begin natural

Published 31 Jul, 2019 05:59am

Energy

Oil prices rise as market eyes likely Fed rate cut

TOKYO: Oil prices rose for a fourth day on Tuesday on optimism the U.S. Federal Reserve will this week cut interest rate

Published 30 Jul, 2019 10:17am

Energy

Japan's June crude oil imports rise 16% y/y - METI

TOKYO: Japan's crude oil imports rose 16% in June from a year earlier to 2.78 million barrels per day (13.25 million kil

Published 30 Jul, 2019 08:52am

Energy

Oil unit for Nigeria's Dangote refinery sets sail from China

LAGOS: A piece of equipment that will process crude oil for Nigeria's Dangote refinery set sail on Monday from China

Published 29 Jul, 2019 08:10pm

Energy

Oil falls after "constructive" talks on Iran's nuclear deal

TOKYO: Oil prices fell on Monday after Iran described emergency talks on a multi-party nuclear agreement with a group of

Published 29 Jul, 2019 08:37am

Energy

China's Iran oil imports plunge as US sanctions bite

BEIJING/SINGAPORE: China's crude oil imports from Iran sank almost 60% in June from a year earlier, Chinese customs

Published 27 Jul, 2019 08:09pm

Energy

India's June oil imports down 7.2pc y/y

NEW DELHI: India imported 4.47 million barrels per day (bpd) of oil in June, a decline of about 7.2% from the year a

Published 26 Jul, 2019 07:29pm

Energy

Oil advances as geopolitical tensions offset slack demand

SINGAPORE/TOKYO: Oil prices edged higher on Friday on worries about Middle East tensions, though a flagging global econo

Published 26 Jul, 2019 08:50am

Energy

China's crude demand rebounds as refining profits return

SINGAPORE: Chinese independent oil refiners are snapping up crude cargoes from Russia, Oman, Africa and Brazil for deliv

Published 26 Jul, 2019 08:19am

Energy

China exports gasoline to Mexico, Nigeria amid overflowing output

SINGAPORE: China will ramp up gasoline exports in July and August to near record levels with cargoes moving to Mexico an

Published 25 Jul, 2019 12:19pm

Energy

Singapore fuel oil inventories slide as IMO 2020 nears

SINGAPORE: Singapore fuel oil inventories dropped for a sixth straight week to a more than eight-month low in the week e

Published 25 Jul, 2019 12:09pm

Energy

Oil advances on Gulf tensions but demand concerns cap gains

SINGAPORE/TOKYO: Oil prices edged higher on Thursday amid Middle East tensions and a big fall in weekly U.S. crude stock

Published 25 Jul, 2019 09:03am

Energy

Oil crawls up amid Mideast tensions; weak demand outlook caps gains

SINGAPORE/TOKYO: Oil prices nudged higher on Thursday amid Middle East tensions and after weekly U.S. crude stocks dropp

Published 25 Jul, 2019 07:58am

Energy

Asia Fuel Oil-380-cst crack widens as crude prices climb

SINGAPORE: The front-month 380-cst high-sulphur fuel oil (HSFO) barge crack widened its discount to Brent crude on Wedne

Published 24 Jul, 2019 02:11pm

Energy

Petronas sets August crude price factor at $5.70/bbl

SINGAPORE: State oil firm Petronas has set the price factor for Malaysian Crude Oil (MCO) for August at $5.70 per barrel

Published 24 Jul, 2019 10:47am

Energy

Oil edges up on U.S. stocks fall, Mideast tensions, trade talk signs

SINGAPORE: Oil prices nudged higher on Wednesday on rising tensions over Iran, a sharp fall in U.S. crude stocks and pos

Published 24 Jul, 2019 08:28am

Energy

Oil edges higher on U.S. inventory decline, escalating Mideast tensions

SINGAPORE: Oil prices edged higher on Wednesday, extending gains as rising tensions with Iran fuelled concerns about sup

Published 24 Jul, 2019 07:35am

Energy

Middle East Crude-Benchmarks weaken, ESPO premium gains

SINGAPORE: Middle East crude benchmarks eased on Tuesday while the spot premium for Russian ESPO gained thanks to robus

Published 23 Jul, 2019 01:08pm

Energy

Oil rises on Mideast tensions, glum demand outlook caps gains

SINGAPORE: Oil prices edged up on Tuesday on concerns about possible supply disruptions in the Middle East, but a weaker

Published 23 Jul, 2019 09:37am

Energy

Asian gasoil profit margins surge to 8-mth high as supplies tighten

SINGAPORE: Asian refining margins for gasoil have climbed to their highest in eight months as some regional refinery iss

Published 23 Jul, 2019 09:30am

Energy

India's June oil output falls to lowest in 4 months

India's crude oil production in June fell 6.8pc from a year earlier to about 2.69 million tonnes, the lowest since Febru

Published 22 Jul, 2019 01:51pm

Energy

India set for record edible oil imports as scanty rains trim output

MUMBAI: India's edible oil imports are likely to rise 7.3% in 2019/20 to a record high as weak monsoon rains curtail yie

Published 22 Jul, 2019 09:14am

Energy

Oil rises on Middle East Gulf tensions; Libya field resumes output

SINGAPORE/TOKYO: Oil prices rose on Monday on concerns that Iran's seizure of a British tanker last week may lead to sup

Published 22 Jul, 2019 08:28am

Energy

BP's Tangguh LNG plant Train 3 to be delayed by a year

JAKARTA: Operation of Train 3 at BP's Tangguh liquefied natural gas plant in Indonesia is expected to be delayed by a ye

Published 19 Jul, 2019 08:36pm

Energy

Singapore fuel inventories hit eight-month low ahead of IMO fuel switch

SINGAPORE: Oil product inventories in the Singapore storage and trading hub fell to an eight-month low in the week ended

Published 19 Jul, 2019 11:15am

Energy

Asian prices slip but traders expect demand to pick up for winter

SINGAPORE: Asian spot prices for liquefied natural gas (LNG) slipped this week tracking a fall in European gas prices th

Published 19 Jul, 2019 10:46am

Energy

Oil jumps after U.S. Navy downs Iranian drone

TOKYO/SINGAPORE: Oil prices rose nearly 2% on Friday as tensions brewed again in the Middle East after a U.S. Navy ship

Published 19 Jul, 2019 09:17am

Energy

IEA does not expect "huge increase" in crude prices - executive director

NEW DELHI: The International Energy Agency (IEA) doesn't expect oil prices to rise significantly because demand is slowi

Published 19 Jul, 2019 08:45am

Energy

Oil rises after U.S. Navy downs Iranian drone; set for weekly fall

TOKYO/SINGAPORE: Oil prices rose on Friday as tensions brewed again in the Middle East after a U.S. Navy ship destroyed

Published 19 Jul, 2019 07:47am

Energy

Oil prices gain, U.S. crude trails Brent after inventory data

TOKYO: Oil prices rose on Wednesday after steep falls in the previous session, although U.S. crude trailed gains for int

Published 17 Jul, 2019 07:39am

Energy

India's Vedanta to invest $650mn in new oil blocks

NEW DELHI Diversified mining company Vedanta Ltd said on Tuesday it will invest $650 million in its new oil and gas

Published 16 Jul, 2019 01:41pm

Energy

Oil falls as U.S. resumes Gulf of Mexico output, boosts shale supplies

TOKYO: Oil prices dipped on Tuesday, extending losses from the previous session, as output in the U.S. Gulf of Mexico re

Published 16 Jul, 2019 07:39am

Energy

India's June vegetable oil imports up 6pc- trade body

NEW DELHI: India's vegetable oil imports rose 6% in June from a year ago to 1.11 million tonnes, a leading trade body sa

Published 15 Jul, 2019 10:30am

Energy

Oil lingers near 6-wk highs amid Gulf of Mexico storm, Middle East tensions

SEOUL/SINGAPORE: Oil prices hovered near six-week highs on Friday and was on track for a weekly gain as U.S. oil produce

Published 12 Jul, 2019 09:19am

Energy

India's diesel demand set for detour as drivers switch to gasoline

NEW DELHI/SINGAPORE: India's strong diesel demand growth is decoupling from the car market as motorists increasingly tur

Published 12 Jul, 2019 09:17am

Energy

Output cuts boost Asia oil refining margins to highest since Sept 2017 -data

SINGAPORE: Asia oil refining margins have more than tripled in the past four weeks to hit their highest since September

Published 12 Jul, 2019 08:48am

Energy

China's rising diesel demand boosts appetite for blendstock fuel

SINGAPORE: China's imports of a fuel used for blending into the diesel pool have nearly doubled from a year ago as a cur

Published 12 Jul, 2019 07:54am

Energy

China's June crude oil imports rise on-month, but below peak -Rtrs calculations

SINGAPORE/BEIJING: China's crude oil imports rose in June from May on a daily basis but remained off April's peak, accor

Published 12 Jul, 2019 07:53am

Energy

Oil hits 6-wk high as rigs brace for Gulf of Mexico storm

TOKYO: Oil futures hit a six-week high on Thursday as oil rigs in the Gulf of Mexico were evacuated ahead of a storm, wh

Published 11 Jul, 2019 08:53am

Energy

Oil rises on falling U.S. stockpiles, Gulf storm forecast

TOKYO: Oil prices rose on Wednesday after industry data showed U.S. stockpiles fell far more than expected, alleviating

Published 10 Jul, 2019 08:21am

Energy

Oil gains after U.S. stockpiles drop, rigs evacuated

TOKYO: Oil prices rose on Wednesday after industry data showed U.S. stockpiles fell far more than expected, alleviating

Published 10 Jul, 2019 07:42am

Energy

China's surging crude oil imports mask softer details

LAUNCESTON: China likely cemented its spot as the world's biggest importer of crude oil in the first half of 2019, t

Published 08 Jul, 2019 12:57pm

Energy

Asia fuel oil premiums surge to record as global sulphur shift looms

SINGAPORE: High sulphur fuel oil premiums in Asia surged to a record on Thursday, one of the first signs of the impact o

Published 05 Jul, 2019 08:47am

Energy

Middle East Crude-Dubai weakens but Oman strengthens

SINGAPORE: Middle East crude benchmarks were mixed on Thursday with cash Dubai's premium falling below $1 a barrel, whil

Published 04 Jul, 2019 10:57pm

Energy

Saudi Aramco sets Aug Arab Light oil price at $2.45/bbl premium

SINGAPORE: Saudi Aramco has set the August official selling price (OSP) for Arab Light crude for sale to Asia at $2.45 a

Published 04 Jul, 2019 10:39pm

Energy

Asia Naphtha/Gasoline-Gasoline margins hit two-month high on supply disruptions

SINGAPORE: Asia's naphtha crack rose for a second session on Thursday to reach a near 7-week high, while gasoline margin

Published 04 Jul, 2019 10:38pm

Energy

Asia Naphtha/Gasoline-Gasoline margins hit two-month high on supply disruptions

SINGAPORE: Asia's naphtha crack rose for a second session on Thursday to reach a near 7-week high, while gasoline ma

Published 04 Jul, 2019 12:25pm

Energy

India plans $330bn renewables push by 2030 without hurting coal

NEW DELHI: India said on Thursday it needs $330 billion in investments over the next decade to power its renewable e

Published 04 Jul, 2019 11:24am

Energy

Hong Kong stocks end morning lower

HONG KONG: Hong Kong stocks gave up early gains to end the morning session in negative territory Thursday, with investor

Updated 04 Jul, 2019 07:28am

Energy

Asia Naphtha/Gasoline-Cracks higher, gasoline stays near 7-week high

SINGAPORE: Asia's naphtha crack recovered to a four-session high of $29.58 a tonne on Wednesday while gasoline margins s

Published 03 Jul, 2019 07:59pm

Energy

Asia Naphtha/Gasoline-Cracks higher, gasoline stays near 7-week high

SINGAPORE: Asia's naphtha crack recovered to a four-session high of $29.58 a tonne on Wednesday while gasoline margi

Published 03 Jul, 2019 12:18pm

Energy

Oil prices steady amid U.S. stockpile drop, OPEC supply cut extension

SINGAPORE: Oil prices were steady on Wednesday after a steep fall in the previous session, supported by extended output

Published 03 Jul, 2019 07:53am

Energy

Oil prices climb as OPEC extends cuts, but demand worries persist

SINGAPORE: Oil gained on Tuesday as producer club OPEC agreed to extend supply cuts until next March, although prices we

Published 02 Jul, 2019 09:49am

Energy

Oil prices hold near $67/b ahead of G20 talks, OPEC

SEOUL: Oil prices held near $67 per barrel on Friday ahead of talks over the trade dispute between the US and Chines

Published 28 Jun, 2019 01:39pm

Energy

Oil prices slip ahead of G20 talks, OPEC meet

SEOUL: Oil prices eased on Friday as traders awaited any update on the Sino-U.S. trade war from a scheduled weekend meet

Published 28 Jun, 2019 10:07am

Energy

G20 meeting may offer more clarity to OPEC, non-OPEC - Russia's Novak

OSAKA: Russian Energy Minister Alexander Novak said on Friday he hoped a meeting of G20 nations in Japan would provide c

Published 28 Jun, 2019 09:09am

Energy

Oil prices drop as traders wait for G20, OPEC+ meetings

TOKYO: Oil prices fell on Thursday to erase some of the previous session's strong gains, as traders wait for the G20 sum

Published 27 Jun, 2019 07:23am

Energy

Oil prices drop amid demand worries, but U.S.-Iran tensions support

TOKYO: Oil fell on Tuesday amid concerns over the outlook for crude demand, but prices were supported after Washington a

Published 25 Jun, 2019 08:32am

Energy

Northeast Asia's LNG import demand growth declines on economic headwinds

SINGAPORE: Economic headwinds are limiting the appetite for liquefied natural gas (LNG) in Northeast Asia, home to the w

Published 25 Jun, 2019 08:29am

Energy

Growth in Indian fuel demand to stay above 4pc in 2019 -IOC CEO

SINGAPORE: Growth in India's fuel demand is expected to remain above 4% this year, driven by consumption of gasoline and

Published 25 Jun, 2019 07:48am

Energy

Brent oil may revisit Dec. 26, 2018 low of $49.93 in Q3

SINGAPORE: Brent oil may revisit its Dec. 26, 2018 low of $49.93 per barrel in next quarter, as suggested by its wave pa

Published 24 Jun, 2019 11:00am

Energy

Oil prices climb as U.S.-Iran tensions mount

TOKYO: Oil prices rose on Monday to extend gains from last week, bolstered as tensions remain high between Iran and the

Published 24 Jun, 2019 09:16am

Energy

India's May oil output falls 7pc year-on-year

India's crude oil production in May fell 6.91pc from a year earlier to about 2.80 million tonnes, while natural gas outp

Published 21 Jun, 2019 07:21pm

Energy

Asia Naphtha/Gasoline-Naphtha eases but gasoline at 4-week high

SINGAPORE: Asia's naphtha crack eased to a two-session low of $23.33 a tonne on Friday after hitting a month's high

Published 21 Jun, 2019 11:53am

Energy

Oil slips, but still propelled to gain for week as MidEast tensions grow

SINGAPORE/TOKYO: Oil prices reversed earlier gains on Friday but benchmark Brent crude was still set for its first weekl

Published 21 Jun, 2019 08:24am

Energy

Oil prices jump as downed U.S. drone stokes Middle East tensions

TOKYO: Oil prices climbed around 3% on Thursday amid escalating tensions in the Middle East as a U.S. official said one

Published 20 Jun, 2019 09:00am

Energy

Oil gains amid US-China trade deal hopes, ECB talk of easing policy

TOKYO: Oil prices extended gains into a second session on Wednesday, buoyed by rekindled hopes for a US-China trade deal

Published 19 Jun, 2019 03:43pm

Energy

UAE's Fujairah oil inventory data for week ended June 17

SINGAPORE: Fujairah Oil Industry Zone on Wednesday published, via industry information service S&P Global Platts, th

Published 19 Jun, 2019 03:27pm

Energy

Middle East Crude-Upper Zakum premiums jump on Shell's demand

SINGAPORE: Middle East crude benchmarks slipped on Wednesday but strong demand from traders to get Upper Zakum cargoes t

Published 19 Jun, 2019 02:16pm

Energy

Asia Naphtha/Gasoline-Naphtha gains, Pengerang cracker starts

SINGAPORE: Asia's naphtha crack more than doubled from the previous session to $18.20 a tonne on Wednesday, the highest

Published 19 Jun, 2019 01:51pm

Energy

Oil gains amid U.S.-China trade deal hopes, ECB talk of easing policy

TOKYO: Oil prices extended gains into a second session on Wednesday, buoyed by rekindled hopes for a U.S.-China trade de

Published 19 Jun, 2019 07:58am

Energy

Tokyo Gas to sell 170,000T/Y of LNG to Sumitomo Joint Electric for 5 yrs

TOKYO:* Tokyo Gas Co Ltd said on Wednesday that it has signed a heads of agreement to sell 170,000 tonnes of liquefied n

Published 19 Jun, 2019 07:41am

Energy

Middle East Crude-Benchmarks firm as refiners seek cargoes

SINGAPORE: Middle East crude benchmarks firmed on Tuesday ahead of purchase tenders from CPC and Formosa Petrochemical i

Published 18 Jun, 2019 01:53pm

Energy

Oil prices slip for second day on global growth worries

TOKYO: Oil prices fell for a second day on Tuesday on signs that global economic growth is being hit by the U.S.-China t

Published 18 Jun, 2019 10:02am

Energy

Asia Distillates-Gasoil crack holds but refining margins fall

SINGAPORE: Asia's 10ppm gasoil margin held above $15 a barrel for the second straight session on Monday supported by spo

Published 17 Jun, 2019 04:17pm

Energy

Oil prices climb after tanker attacks stoke Middle East tensions

TOKYO: Oil prices rose on Monday after U.S. Secretary of State Mike Pompeo said Washington will take all actions necessa

Published 17 Jun, 2019 09:30am

Energy

China power consumption rises 2.3pc y/y in May

BEIJING: China's power consumption in May rose 2.3pc from a year earlier to 566.5 billion kilowatt hours, data from the

Published 14 Jun, 2019 02:00pm

Energy

Oil prices ease, but Middle East tanker attacks support

TOKYO: Oil fell on Friday after sharp gains in the previous session when prices were boosted after attacks on two oil ta

Published 14 Jun, 2019 01:23pm

Energy

Oil prices rise for second day after Middle East tanker attacks

TOKYO: Oil rose for a second day on Friday, extending sharp gains following attacks on two oil tankers in the Gulf of Om

Published 14 Jun, 2019 12:59pm

Energy

India's ONGC sells naphtha at lowest premium since Dec

SINGAPORE: India's Oil & National Gas Corp Ltd has sold a naphtha cargo at close to $6 a tonne over Middle East quot

Published 14 Jun, 2019 12:38pm

Energy

Brent oil rises for second day after Middle East tanker attacks

TOKYO: Brent crude on Friday extended sharp gains from the previous day following attacks on two oil tankers in the Gulf

Published 14 Jun, 2019 08:24am

Energy

Asia Distillates-Gasoil cash discounts narrow; Singapore middle distillate stocks drop

SINGAPORE: Asia's cash differentials for 10ppm gasoil narrowed their discounts on Thursday, helped by firmer deals in th

Published 13 Jun, 2019 01:17pm

Energy

Asia Naphtha/Gasoline-Naphtha rises; CPC cargo hit by suspected attacks

SINGAPORE: Asia's naphtha rose as its physical crack discount narrowed for the fourth straight day on Thursday to 40 cen

Published 13 Jun, 2019 12:47pm

Energy

Oil bounces up after slump on high inventories, demand outlook

TOKYO: Oil prices rose on Thursday, recouping some of the losses from sharp declines in the previous session, when crude

Published 13 Jun, 2019 08:12am

Energy

Oil surges after report of tanker incident in Gulf of Oman near Iran

TOKYO: Oil prices surged on Thursday after a unit of the United Kingdom's Royal Navy said it was aware of an incident in

Published 13 Jun, 2019 07:33am

Energy

Japan wants to keep buying Iranian oil

DUBAI: Iranian President Hassan Rouhani said after meeting Japanese Prime Minister Shinzo Abe in Tehran on Wednesday

Published 12 Jun, 2019 10:00pm

Energy

Asia Naphtha/Gasoline-Naphtha discounts narrow; gasoline gains

SINGAPORE: Asia's naphtha physical crack discount narrowed for the third straight day on Wednesday after the value flipp

Published 12 Jun, 2019 12:30pm

Energy

Oil rises with financial markets, as longer supply cuts expected

SINGAPORE: Oil prices rose on Tuesday in line with firmer financial markets and bolstered by expectations that producer

Published 11 Jun, 2019 04:30pm

Energy

Middle East Crude-Benchmarks extend gains on Shell's demand

SINGAPORE: Middle East crude benchmarks extended gains on Tuesday, supported by strong demand from Shell. The oil maj

Published 11 Jun, 2019 03:22pm

Energy

Asia Naphtha/Gasoline-Naphtha stays at discounts; buyers seen

SINGAPORE: Asia's naphtha physical remained at a discount for the fourth straight session after flipping into the negati

Published 11 Jun, 2019 03:18pm

Energy

Oil stable as market eyes ongoing supply cuts amid downturn

SINGAPORE: Oil prices stabilized on Tuesday on expectations that producer goup OPEC and its allies will keep withholding

Published 11 Jun, 2019 08:22am

Energy

Oil rises with financial markets, as longer supply cuts expected

SINGAPORE: Oil prices rose on Tuesday in line with firmer financial markets and bolstered by expectations that producer

Published 11 Jun, 2019 08:18am

Energy

Brent oil may rise into $64.98-$65.60 range

SINGAPORE: Brent oil may break a resistance at $63.99 per barrel and rise into a range of $64.98-$65.60, as indicated by

Published 10 Jun, 2019 03:36pm

Energy

China May crude oil imports drop after peaking in April

BEIJING: China's crude oil imports slipped to 40.23 million tonnes in May down 8pc from an all-time peak in April of 43.

Published 10 Jun, 2019 03:22pm

Energy

Oil rises as Saudi sees OPEC, Russia restricting supplies for longer

SINGAPORE: Oil prices rose on Monday after Saudi Arabia said producer club OPEC and Russia were likely to keep withholdi

Published 10 Jun, 2019 03:21pm

Energy

Oil rises on supply cuts, but weak economy holds market back

SINGAPORE: Oil prices rose on Monday after Saudi Arabia said producer club OPEC and Russia should restrict supplies to c

Published 10 Jun, 2019 01:20pm

Energy

Middle East Crude-Shell snaps up more Abu Dhabi cargoes

SINGAPORE: The Middle East crude market remained supported on Monday after Shell snapped up seven more Abu Dhabi crude c

Published 10 Jun, 2019 12:25pm

Energy

Asia Fuel Oil-Cash premiums dip, market still strong

SINGAPORE: Asia's cash premiums for mainstay 380-cst high-sulphur fuel oil dipped on Monday, but were still close to the

Published 10 Jun, 2019 12:17pm

Energy

China May crude oil imports drop from record in April

SINGAPORE/BEIJING: China's crude oil imports slipped 8% in May from an all-time peak hit the month before, customs data

Published 10 Jun, 2019 10:27am

Energy

Poland confirms partial resumption of clean oil supply from Russia

WARSAW: Polish pipeline operator PERN confirmed that clean oil supplies from Russia had been partially restored on Sunda

Published 09 Jun, 2019 11:48am

Energy

Asia Naphtha/Gasoline-Naphtha down; Hongrun offers more gasoline

SINGAPORE: Asia's naphtha crack for benchmark open-specification naphtha returned to a near seven-year low on Tuesday fo

Published 04 Jun, 2019 12:17pm

Energy

Asia Fuel Oil-Refining margins, cash premiums drop

SINGAPORE: Asian fuel oil refining margins slipped on Tuesday, while cash premiums for mainstay 380-cst high-sulphur fue

Published 04 Jun, 2019 12:12pm

Energy

Asia Distillates-Gasoil cracks rise to highest in nearly 3 months

SINGAPORE: Asian refining margins for 10ppm gasoil rose on Monday to their highest levels in nearly three months, but ca

Published 03 Jun, 2019 01:45pm

Energy

Asia Fuel Oil-Cash premiums rise, cracks slip

SINGAPORE: Asia's cash premiums for 380-centistoke (cst) high-sulphur fuel oil rose on Monday, buoyed by expectations fo

Published 03 Jun, 2019 12:31pm

Energy

South Korea's May crude oil imports down 13.5pc y/y

SEOUL: South Korea's May crude oil imports fell 13.5pc from a year earlier to 82.3 million barrels, preliminary data fro

Published 01 Jun, 2019 11:10am

Energy

Asia's Iran oil imports hit 9-month high in April - data

SINGAPORE: Asia's crude oil imports from Iran jumped to the highest in nine months in April, as buyers rushed to ship in

Published 31 May, 2019 02:50pm

Energy

Oil drops 1pc, set for biggest monthly fall since November as trade wars spreads

SINGAPORE: Oil prices fell by more than 1pc on Friday and were on track for their biggest monthly fall since November as

Published 31 May, 2019 02:46pm

Energy

Japan oil industry braces for higher shipping costs in Middle East

TOKYO: The costs of buying crude oil from the Middle East could rise as war insurance for ships travelling in the region

Published 31 May, 2019 02:45pm

Energy

Asia Naphtha/Gasoline-Naphtha tanks to almost 7-year low on glut

SINGAPORE: Asia's naphtha crack ended the month at nearly 7-year low of $5.47 a tonne on the back of a persistent glut t

Published 31 May, 2019 12:12pm

Energy

Middle East Crude-Dubai extends falls; Oman rebounds

SINGAPORE: Middle East crude benchmarks were mixed on Friday, with cash Dubai's premium to swaps down for a third straig

Published 31 May, 2019 11:46am

Energy

Oil rises on declining US crude stocks, but trade war worries linger

SINGAPORE: Oil prices rose on Thursday after an industry report showed a bigger-than-expected decline in US crude invent

Published 30 May, 2019 02:52pm

Energy

Lean net imports drag Singapore fuel oil inventories to 7-week low

SINGAPORE: Singapore fuel oil inventories fell 3pc to a seven-week low in the week ended May 29 as net imports remained

Published 30 May, 2019 02:05pm

Energy

Middle East Crude- Benchmarks slump, Shell buys more cargoes

SINGAPORE: Middle East crude benchmarks slumped on Thursday, the second-last trading day this month, despite Shell's pur

Published 30 May, 2019 11:42am

Energy

China's refined fuel consumption falls 2.4% in April

Shanghai/Singapore:* China's April refined fuel consumption dropped 2.4% from a year earlier to 27.06 million tonnes, th

Published 30 May, 2019 09:15am

Energy

Oil rises on declining U.S. crude stocks, but trade war worries linger

TOKYO: Oil prices rose on Thursday after an industry report showed a bigger-than-expected decline in U.S. crude invento

Published 30 May, 2019 08:54am

Energy

China utility buys first spot LNG cargoes, uses CNOOC import terminal

SINGAPORE: Guangdong Energy Group emerged as a first-time spot buyer of liquefied natural gas (LNG), as the Chinese util

Published 29 May, 2019 10:59am

Energy

Malaysia's Petronas signs deal to lease LNG storage unit to Vitol

SINGAPORE: Malaysian state-owned energy firm Petronas has signed a deal to lease a liquefied natural gas (LNG) storage u

Published 29 May, 2019 10:57am

Energy

Oil prices drop as trade war worries outweigh supply disruptions

SINGAPORE: Oil prices fell by around 1% on Wednesday on concerns the Sino-U.S. trade war could trigger a global economic

Published 29 May, 2019 08:23am

Energy

Ample LNG inventories, contracted supply to help Japan overcome hot weather

SINGAPORE: Abundant inventories of liquefied natural gas (LNG) along with a steady amount of previously contracted suppl

Published 28 May, 2019 03:33pm

Energy

Middle East Crude-Dubai stays firm; Shell gets 2 more Upper Zakum cargoes

SINGAPORE: Middle East crude benchmark Dubai stayed firm on Tuesday as purchases on window mainly by Shell supported pri

Published 28 May, 2019 12:05pm

Energy

Asia Distillates-Gasoil refining margins gain despite firmer crude

SINGAPORE: Asian refining margins for 10 parts per million (ppm) gasoil rose on Tuesday, but firmer crude prices and con

Published 28 May, 2019 12:03pm

Energy

Asia Naphtha/Gasoline-Supplies aplenty; gasoline nears 3-mth low

SINGAPORE: Asia's naphtha crack hit a three-session high of $16.78 a tonne on Tuesday but it was still about 85 percent

Published 28 May, 2019 11:47am

Energy

Asia Naphtha/Gasoline-Naphtha gains but ample supplies persist

SINGAPORE: Asia's naphtha crack tracked gains in crude, rising $1.80 to $14.98 a tonne on Monday and recovering from a 6

Published 27 May, 2019 03:49pm

Energy

Oil prices rise amid OPEC supply cuts, but trade worries weigh

SINGAPORE: Oil prices rose on Monday as ongoing supply cuts led by producer club OPEC kept markets relatively tight, but

Published 27 May, 2019 02:00pm

Energy

Brent oil may bounce to $70.30

SINGAPORE: Brent oil is expected to bounce to $70.30 per barrel, as it has cleared a resistance at $69.04. The resist

Published 27 May, 2019 01:54pm

Energy

Middle East Crude-Dubai firms after Shell snaps up cargoes

SINGAPORE: Middle East crude benchmark Dubai edged up on Monday after Shell snapped up as many as seven Upper Zakum carg

Published 27 May, 2019 11:31am

Energy

China's crude oil imports from Saudi Arabia up 43pc y/y in April

BEIJING: China's crude oil imports from Saudi Arabia rose 43pc last month, making the Middle Eastern OPEC kingpin once a

Published 25 May, 2019 12:52pm

Energy

Brunei LNG offers cargo for late June

SINGAPORE: Brunei's liquefied natural gas (LNG) export plant has offered a cargo for June loading, two industry sources

Published 23 May, 2019 12:39pm

Energy

Asia oil refiners mull run cuts after margins hit lowest for season since 2003

SINGAPORE: Asia's oil refiners are considering reducing output after margins slumped to their lowest for the season sinc

Published 23 May, 2019 12:35pm

Energy

Oil slips 1pc as U.S. stockpiles surge, economic concerns grow

SINGAPORE: Oil prices dropped by around 1% on Thursday, extending falls from the previous session amid surging U.S. crud

Published 23 May, 2019 07:42am

Energy

Brent oil may fall into $70-$70.80 range

SINGAPORE: Brent oil may fall into a range of $70-$70.80 per barrel, as suggested by its wave pattern and a projection a

Published 22 May, 2019 03:04pm

Energy

Oil slides on rising US crude stockpiles, Saudi vow to keep market balanced

TOKYO: Oil prices fell on Wednesday after industry data showed an increase in US crude inventories and as Saudi Arabia p

Published 22 May, 2019 02:56pm

Energy

Oil falls on rising US stockpiles, but markets remain tense

TOKYO: Oil prices fell on Wednesday after industry data showed an increase in US crude inventories and as Saudi Arabia p

Published 22 May, 2019 12:29pm

Energy

Japan April crude import volume rises by 4.9pc: Ministry of Finance

TOKYO: Japan's customs-cleared crude oil imports rose 4.9pc in April from the same month a year earlier, the country's M

Published 22 May, 2019 12:24pm

Energy

US oil may test support at $62.27

SINGAPORE: US oil may test a support at $62.27 per barrel, a break below which could cause a loss to $61.32. The supp

Published 22 May, 2019 12:23pm

Energy

Oil prices drop on swelling US stockpiles, but markets remain tense

SINGAPORE: Oil prices fell on Wednesday after industry data showed an increase in US crude inventories and as Saudi Arab

Published 22 May, 2019 11:56am

Energy

Asia LNG spot price drops below $5/mmBtu as supply floods market

SINGAPORE: The Asian spot price for liquefied natural gas (LNG) has dropped to below $5 per million British thermal unit

Published 22 May, 2019 10:56am

Energy

Oil prices drop on swelling U.S. stockpiles, but markets remain tense

SINGAPORE: Oil prices fell on Wednesday after industry data showed an increase in U.S. crude inventories and as Saudi Ar

Published 22 May, 2019 09:08am

Energy

Asia Naphtha/Gasoline-Naphtha sinks to four-month low

SINGAPORE: Asia's naphtha crack slumped by 20pc to $27.60 a tonne on Tuesday, hitting its lowest since Jan. 24, on abun

Published 21 May, 2019 02:56pm

Energy

Crude-Benchmarks ease; ESPO trades at 7-month high

SINGAPORE: Middle East crude benchmarks fell on Tuesday while Russian ESPO traded at the highest premium in 7 months, su

Published 21 May, 2019 12:01pm

Energy

Oil traders try to ship dirty Russian crude to Asia

SINGAPORE; Trading companies Vitol and Unipec are sending around 700,000 tonnes of contaminated Russian oil to Asia in a

Published 20 May, 2019 12:25pm

Energy

China's CNPC breaks into Myanmar fuel retailing with Singapore brand

SINGAPORE: China National Petroleum Corp is planning to open dozens of petrol stations in Myanmar, the first major forei

Published 20 May, 2019 12:20pm

Energy

Oil rises after OPEC+ says to keep output cuts, Iran tension rises

TOKYO: Oil rose to multi-week highs on Monday after OPEC indicated it would probably maintain production cuts that have

Published 20 May, 2019 08:10am

Energy

Azerbaijan's oil exports via Turkey pipeline fall 3.5pc in Jan-Apr

BAKU: Azeri oil exports through the Baku-Tbilisi-Ceyhan (BTC) pipeline via Georgia and Turkey fell 3.5% year-on-year

Published 18 May, 2019 04:06pm

Energy

Iran changes tactics, destinations on oil exports

Iran has adopted new tactics and new destinations in shipping its oil exports following the re-imposition of US sanc

Published 18 May, 2019 11:56am

Energy

Brent oil may end bounce around $73.51-$73.80 range

SINGAPORE: Brent oil may end its bounce around a resistance range of $73.51-$73.80 per barrel, as suggested by its wave

Published 17 May, 2019 09:00am

Energy

Oil edges up for third session on Mideast tensions

TOKYO: Oil prices pushed higher on Thursday for a third day in a row, as fears of supply disruptions amid heightened ten

Published 16 May, 2019 08:56am

Energy

India's Petronet sees global LNG prices remaining low

NEW DELHI: India's biggest gas importer Petronet LNG expects global prices of liquefied natural gas (LNG) to remain

Published 15 May, 2019 04:12pm

Energy

Oil prices fall as U.S. stockpiles rise, but Middle East tensions support

TOKYO: Oil fell on Wednesday after data showed a surprise rise in U.S. crude stockpiles and as Chinese industrial output

Published 15 May, 2019 07:40am

Energy

India to decide on resuming Iranian oil buy after elections

NEW DELHI: India told Iran on Tuesday it will decide on its oil imports after elections end this month, in line with

Published 14 May, 2019 03:23pm

Energy

US liquefied natural gas shipments to China face mounting tariffs

China said on Monday it would raise tariffs on liquefied natural gas (LNG) imports from the United States amid a series

Published 13 May, 2019 07:09pm

Energy

South Korean shipping company Sinokor to open LNG trading desk

AMSTERDAM: South Korea's Sinokor Merchant Marine, a shipping company, has hired a trader to open a desk trading phys

Published 13 May, 2019 04:52pm

Energy

Iran insists on ramping up oil sales to stay in nuclear pact

LONDON/BRUSSELS: Iran insists on exporting at least 1.5 million barrels per day (bpd) of oil, triple May's expected

Published 13 May, 2019 03:09pm

Energy

Oil prices rise as Middle East tanker attack increases supply concerns

TOKYO: Oil futures rose on Monday on increasing concerns about supply disruptions in the crucial producing region of the

Published 13 May, 2019 07:37am

Energy

Stricken ship refloated after Solomons oil spill

WELLINGTON: The ship at the centre of an environmental disaster near World-Heritage listed waters in the Solomon Isl

Published 11 May, 2019 12:38pm

Energy

Oil gains despite mounting U.S.-China trade tensions

TOKYO: Oil prices rose on Friday despite the start of U.S. President Donald Trump's tariff hike on $200 billion of Chine

Published 10 May, 2019 08:22am

Energy

Japan refiners tap more oil from Middle East to replace Iran supply

TOKYO/SINGPORE: Japanese refiners are tapping more oil from the Middle East after the United States ended all waiver

Published 09 May, 2019 11:45am

Energy

Oil prices fall as trade row fears eclipse U.S. inventory decline

TOKYO/SEOUL: Oil prices dropped on Thursday amid concerns over the escalating trade battle between the United States and

Published 09 May, 2019 08:06am

Energy

Oil prices firm amid U.S. sanctions on crude exporters Iran, Venezuela

SINGAPORE: Oil prices stabilised on Wednesday as markets remained relatively tight amid U.S. sanctions on crude exporter

Published 08 May, 2019 08:18am

Energy

U.S. oil may rise to $63.06

SINGAPORE, May 8 (Reuters) - U.S. oil may break a resistance at $62.11 per barrel and rise to $63.06, as its bounce from

Published 08 May, 2019 07:46am

Energy

Brent oil may bounce into $70.47-$71.01 range

SINGAPORE: Brent oil may bounce into a range of $70.47-$71.01 per barrel, as it failed to break a support at $69.54.

Published 08 May, 2019 07:29am

Energy

India's oil imports from Iran down 57pc y/y in April

NEW DELHI: India's oil imports from Iran fell about 57 percent year-on-year in April, according to tanker arrival da

Published 07 May, 2019 11:37am

Energy

Oil mixed as U.S.-China trade war drags on prices, while sanctions keep markets tense

SINGAPORE: Oil prices were mixed on Tuesday, pressured by concerns that the escalating Sino-U.S. trade dispute could sl

Published 07 May, 2019 08:14am

Energy

U.S. oil may retrace to $60.88

SINGAPORE: U.S. oil may retrace to $60.88 per barrel, as it failed to break a resistance at $63.06. The resistance is

Published 07 May, 2019 07:01am

Energy

Brent oil may retrace into $69.81-$70.47 range

SINGAPORE: Brent oil may retrace into a range of $69.81-$70.47 per barrel, as it failed to break a resistance at $71.84.

Published 07 May, 2019 06:48am

Energy

Oil mixed, caught between U.S. sanctions on Iran, Venezuela and trade dispute with China

SINGAPORE: Oil prices were mixed on Tuesday as U.S. sanctions on oil exporters Iran and Venezuela kept markets on edge w

Published 07 May, 2019 06:38am

Energy

Oil prices under pressure from U.S.-China trade dispute, market remains tense

SINGAPORE: Oil prices were under pressure on Tuesday from concerns the escalating Sino-U.S. trade dispute could slow the

Published 07 May, 2019 06:13am

Energy

Iran's oil exports to slide in May, but not to zero

LONDON: Iranian oil exports will slide in May as the United States tightens the screws on Tehran's main source of in

Published 03 May, 2019 01:40pm

Energy

Oil prices slip on way to weekly drop amid surging U.S. output

SINGAPORE: Oil prices dipped on Friday, paving the way for a weekly decline as surging U.S. output was expected to start

Published 03 May, 2019 08:07am

Energy

Saudi Arabia may raise June crude prices to Asia

SINGAPORE: Top oil exporter Saudi Arabia is expected to raise June prices for all crude grades it sells to Asia to track

Published 02 May, 2019 08:16am

Energy

Oil prices fall as U.S. output hits record; global markets still tense

SINGAPORE: Oil prices fell on Thursday, pulled down by record U.S. crude production that led to a surge in stockpiles.

Published 02 May, 2019 08:02am

Energy

Nations using oil as a weapon threatens OPEC

GENEVA: Any country using oil as a weapon could cause the collapse of oil producer group OPEC, Iran's Oil Minister B

Published 01 May, 2019 01:39pm

Energy

Iran says it will keep exporting oil despite US pressure

GENEVA: Iran will continue to export oil despite US pressure aimed at reducing the country's crude shipments to zero

Published 30 Apr, 2019 04:37pm

Energy

Bangladesh's new LNG import terminal begins to feed gas to domestic grid

SINGAPORE/DHAKA: Bangladesh's second liquefied natural gas (LNG) terminal has started to feed gas to the national gr

Published 30 Apr, 2019 04:16pm

Energy

Oil tops $73 on Venezuela turmoil, Saudi support for OPEC cuts

SINGAPORE/LONDON: Oil prices topped $73 on Tuesday as Venezuela's opposition leader called on the military to back h

Published 30 Apr, 2019 03:25pm

Energy

Brent oil may retest resistance at $72.26

SINGAPORE: Brent oil may retest a resistance at $72.26 per barrel, a break above which could lead to a gain to $73.46.

Published 30 Apr, 2019 08:04am

Energy

Oil dips as rising OPEC, US output seen making up for Iran sanctions shortfall

SINGAPORE: Oil prices dipped on Tuesday on expectations rising output from the United States and producer club OPEC woul

Published 30 Apr, 2019 08:00am

Energy

Oil dips on expectations of rising output, China stutter

SINGAPORE: Oil prices dipped on Tuesday on expectations rising output from the United States and producer club OPEC woul

Published 30 Apr, 2019 07:42am

Energy

LNG tanker floats off Australian waters as Ichthys ramps up output

SINGAPORE: A tanker carrying liquefied natural gas (LNG) has been floating off Australian waters for nearly two week

Published 29 Apr, 2019 01:26pm

Energy

Shell has cover to take the high ground in Brunei

SINGAPORE: Royal Dutch Shell has cover to take the moral high ground in Brunei. A corporate governance group, which cou

Published 29 Apr, 2019 08:54am

Energy

U.S. oil targets $63.75

SINGAPORE: U.S. oil may bounce towards $63.75 per barrel, as it seems to be stabilizing around a support at $62.80 per b

Published 29 Apr, 2019 08:47am

Energy

Oil falls after Trump presses OPEC to make up for Iranian sanctions

SINGAPORE: Oil prices fell on Monday, extending a slump from Friday that ended weeks of rallying, after President Donald

Published 29 Apr, 2019 07:37am

Energy

LNG-Asian prices snap 3 weeks of gains on more spot offers

SINGAPORE:Asian spot prices for liquefied natural gas (LNG) snapped three straight weeks of gains this week as more

Published 26 Apr, 2019 01:38pm

Energy

Oil set to extend long run of weekly gains in tense global market

SINGAPORE: Oil prices dipped on Friday on expectations that producer club OPEC will soon raise output to make up for

Published 26 Apr, 2019 12:58pm

Energy

U.S. oil shipments sailing for Australia highlight growing reach

SINGAPORE: Two cargoes of U.S. crude oil have been booked to sail to Australia, trade sources and data companies said,

Published 26 Apr, 2019 09:04am

Energy

Oil dips but set for longest run of weekly gains in years in tense market

SINGAPORE: Oil prices dipped on Friday on expectations that producer club OPEC will soon raise output to make up for a d

Published 26 Apr, 2019 08:41am

Energy

Japan's March oil imports fall 0.2 pc y/y

TOKYO: Japan's crude oil imports fell 0.2 percent in March from a year earlier to 3.21 million barrels per day (15.83 mi

Published 26 Apr, 2019 08:11am

Energy

Indonesia's Bontang LNG plant offers cargo for June loading - sources

SINGAPORE: Indonesia's Bontang liquefied natural gas (LNG) export facility has offered to sell a cargo for loading in Ju

Published 26 Apr, 2019 07:54am

Energy

Japan's PAJ says US decision on Iranian oil waivers won't disrupt supply

TOKYO: The US decision not to renew waivers previously granted on Iran oil import sanctions would not disrupt stable

Published 25 Apr, 2019 03:48pm

Energy

Brent oil hits $75 for first time in 2019 amid tighter Iran sanctions

SINGAPORE: Brent crude oil on Thursday rose above $75 per barrel for the first time in 2019 in the wake of tightening sa

Published 25 Apr, 2019 09:05am

Energy

Azeri SOCAR's refinery to process 6.1mn T of oil in 2019

BAKU: The only oil refinery in Azerbaijan, owned by state energy company SOCAR, plans to keep volumes of processed oil a

Published 24 Apr, 2019 07:15pm

Energy

Oil dips as supply adequate despite Iran sanctions, but market tightening

SINGAPORE: Oil prices fell on Wednesday amid signs that global markets remain adequately supplied, despite a jump to 201

Published 24 Apr, 2019 10:05am

Energy

Oil falls as supply still adequate despite Iran sanctions, but market tightening

SINGAPORE: Oil prices fell on Wednesday amid signs that global markets remain adequately supplied, despite a jump to 201

Published 24 Apr, 2019 09:40am

Energy

Osaka Gas to withdraw from coal-fired power station project

TOKYO, April 24 (Reuters) - Japan's Osaka Gas Co Ltd said on Wednesday that it will pull out of a plan to build a coal-

Published 24 Apr, 2019 09:01am

Energy

India says it has 'robust plan' to guarantee oil supply after end to Iran waivers

MUMBAI: India said on Tuesday its refineries will have adequate oil supplies, thanks in part to imports from other p

Published 23 Apr, 2019 04:22pm

Energy

India's IOC to fully shut Mathura refinery in Nov for maintenance

NEW DELHI: Indian Oil Corp, the country's top refiner, plans to fully shut its 160,000 barrels per day Mathura refin

Published 23 Apr, 2019 02:28pm

Energy

US making a mistake politicizing oil

The United States has made a bad mistake by politicizing oil and using it as a weapon, Iran's Oil Minister Bijan Zan

Published 23 Apr, 2019 01:03pm

Energy

India to get extra oil from major producers to make up for Iran oil loss - minister

NEW DELHI: India will get additional supplies from other major oil producing countries to compensate for the loss of Ira

Published 23 Apr, 2019 09:08am

Energy

Oil prices hit 2019 highs after U.S. says to end all Iran sanction waivers

SINGAPORE: Oil prices hit 2019 highs on Tuesday after Washington announced all Iran sanction waivers would end by May, p

Published 23 Apr, 2019 08:44am

Energy

Oil races to near 6-month highs on Iran sanctions, stocks rise

HONG KONG/TOKYO: World oil prices jumped to near 6-month highs on Tuesday as the United States tightened sanctions on Ir

Published 23 Apr, 2019 08:35am

Energy

Dubai hits more than 5-yr high on Iran sanctions

SINGAPORE: Middle East crude benchmark Dubai jumped on Monday to the highest premium in more than five years ahead of an

Published 22 Apr, 2019 07:54pm

Energy

Trump says OPEC can step up output after Iran waivers

WASHINGTON: US President Donald Trump said on Monday that Saudi Arabia and other OPEC nations could "more than make

Published 22 Apr, 2019 04:21pm

Energy

India hopes US will allow allies to buy some Iranian oil

NEW DELHI: India hopes the US will allow its allies to continue to buy some Iranian oil instead of halting the purch

Published 22 Apr, 2019 01:54pm

Energy

Thailand's EGAT considers 12 firms for LNG imports

BANGKOK: State-owned Electricity Generating Authority of Thailand has narrowed its list of potential liquefied natur

Published 22 Apr, 2019 01:29pm

Energy

US will fail to cut Iran oil exports to zero

DUBAI: The United States will fail to cut Iranian oil exports to zero, as Iran is ready for any US decision to end w

Published 22 Apr, 2019 01:27pm

Energy

Oil prices rise on report U.S. will end all Iran oil sanction waivers

SINGAPORE: Oil prices rose by 1 percent on Monday, with Brent hitting its highest level since November, driven up by a r

Published 22 Apr, 2019 09:30am

Energy

Oil prices hit Nov 2018 highs on report U.S. will end Iran oil sanction waivers

SINGAPORE: Oil prices rose by more than 1 percent on Monday to levels not seen since November 2018, driven up by a Washi

Published 22 Apr, 2019 09:28am

Energy

U.S. to announce end to Iran sanctions waivers, oil prices spike

SINGAPORE: The United States is expected to announce on Monday that all buyers of Iranian oil will have to end their imp

Published 22 Apr, 2019 09:01am

Energy

U.S. oil may rise to $66.57

SINGAPORE: U.S. oil may break a resistance at $65.56 per barrel and rise to the next resistance at $66.57, as suggested

Published 22 Apr, 2019 08:59am

Energy

Bangladesh's second LNG storage, regasification ship moors off coast -operator

SINGAPORE: Bangladesh's second liquefied natural gas (LNG) storage and regasification vessel has moored off the country'

Published 22 Apr, 2019 08:41am

Energy

Oil prices soar by about 3 pct as U.S. plans end to Iran sanction waivers

SINGAPORE: Oil prices rallied by about 3 percent on Monday to their highest since late 2018 as the United States was set

Published 22 Apr, 2019 08:35am

Energy

Indian oil marketers plunge as crude hits near 6-month high

** Indian oil marketing companies skid after global crude prices rallied by about 3 pct to levels last seen in Nov 2018

Published 22 Apr, 2019 08:30am

Energy

Oil prices jump as U.S. seen ending Iran sanction waivers

SINGAPORE: Oil prices jumped on Monday as the United States looked set to announce that all buyers of Iranian oil must e

Published 22 Apr, 2019 07:51am

Energy

Asian gasoil refining margins drop to lowest so far in 2019

Asian refining margins for 10ppm gasoil dropped on Monday to their lowest levels so far this year, Refinitiv Eikon data

Published 22 Apr, 2019 07:38am

Energy

Oil prices climb as U.S. set to end Iran sanction waivers

SINGAPORE: Oil prices jumped on Monday as the United States looked set to announce that all buyers of Iranian oil must e

Updated 22 Apr, 2019 07:52am

Energy

China to promote using wind energy to power heating

BEIJING: China on Friday said it would promote using energy generated by the wind to help power heating systems during t

Published 19 Apr, 2019 09:22am

Energy

China March diesel output down 9pc y/y to 13.69mn T -stats bureau

BEIJING:* China March diesel output fell 9 pct y/y to 13.69 mln tonnes, National Bureau of Statistics data showed on Fri

Published 19 Apr, 2019 08:37am

Energy

Azerbaijan's oil exports via Turkey pipeline fall 1.4pc in Q1

BAKU: Azeri oil exports through the Baku-Tbilisi-Ceyhan (BTC) pipeline via Georgia and Turkey fell 1.4 percent year-

Published 18 Apr, 2019 09:07pm

Energy

Oil prices slip, but ongoing supply cuts support

TOKYO/SYDNEY: Oil markets fell on Thursday despite a surprise decline in US inventories, but the price drops were temper

Published 18 Apr, 2019 11:31am

Energy

Oil rises on tightening supplies; ample U.S. output caps gains

TOKYO/SYDNEY: Oil prices edged higher on Wednesday, supported by ongoing OPEC-led supply cuts and a surprise fall in U.S

Published 18 Apr, 2019 07:37am

Energy

Brent oil may fall to $70.32

SINGAPORE: Brent oil may break a support at $71.14 per barrel and falling towards the next support at $70.32, following

Published 18 Apr, 2019 07:27am

Energy

US oil may test support at $62.80

SINGAPORE: US oil may test a support at $62.80 per barrel, a break below which could cause a loss to $61.46. The contrac

Published 18 Apr, 2019 07:24am

Energy

Oil rises on tightening supplies; ample US output caps gains

TOKYO/SYDNEY: Oil prices edged higher on Wednesday, supported by ongoing OPEC-led supply cuts and a surprise fall in US

Published 18 Apr, 2019 06:42am

Energy

Qatar sells al-Shaheen crude at highest premiums in 7 months - sources

SINGAPORE:* Qatar Petroleum has sold three al-Shaheen crude cargoes loading in June at the highest premiums in seven mon

Published 17 Apr, 2019 09:29am

Energy

Oil prices rise for a second day on China demand, U.S. stockpile drop

SEOUL: Oil prices rose for a second day on Wednesday on signs of strong demand from refineries in China, the world's sec

Published 17 Apr, 2019 08:30am

Energy

Oil prices rise for a second day on China demand, US stockpile drop

SEOUL: Oil prices rose for a second day on Wednesday on signs of strong demand from refineries in China, the world's sec

Published 17 Apr, 2019 06:54am

Energy

Oil pauses; focus on future supply direction

TOKYO: Oil prices nudged lower on Monday after international benchmark Brent hit a fresh five-month high in the prev

Published 15 Apr, 2019 02:04pm

Energy

China coal hub Linfen to extend anti-pollution curbs to Q3 -draft plan

BEIJING: China coal hub Linfen in central province Shanxi, one of the most polluted cities in the nation, plans to exten

Published 15 Apr, 2019 01:40pm

Energy

Aramco buys $1.2bn stake in South Korean refiner Hyundai Oilbank

SEOUL: State-owned Saudi Aramco has agreed to buy a 1.4 trillion won ($1.24 billion) stake in South Korean oil refiner H

Published 15 Apr, 2019 07:43am

Energy

Oil pauses; focus on future supply direction

TOKYO: Oil prices nudged lower on Monday after international benchmark Brent hit a fresh five-month high in the previous

Published 15 Apr, 2019 07:01am

Energy

Crude oil touted as health cure in Azerbaijan

NAFTALAN: Immersed up to her neck in a dark viscous liquid, Sulfiya smiles in delight, confident that the fetid substanc

Published 12 Apr, 2019 01:37pm

Energy

China March crude imports ease on overhaul, fuel exports soar

SINGAPORE/SHANGHAI: China's March crude oil imports fell from the previous month as state-owned refiners began maintenan

Published 12 Apr, 2019 01:18pm

Energy

China March crude imports ease on overhaul, fuel exports soar

SINGAPORE/SHANGHAI: China's March crude oil imports fell from the previous month as state-owned refiners began maintena

Published 12 Apr, 2019 09:47am

Energy

Oil prices rise as market tightens, but demand concerns linger

SINGAPORE: Oil prices edged up on Friday, lifted by ongoing supply cuts led by producer club OPEC and by U.S. sanctions

Published 12 Apr, 2019 08:46am

Energy

China's March gas imports at 1-year low as heating season ends

BEIJING/SINGAPORE: China's natural gas imports fell to their lowest in a year in March at 6.91 million tonnes, Reuters c

Published 12 Apr, 2019 08:41am

Energy

Asian prices climb for a second week as buying interest returns

SINGAPORE: Asian spot prices for liquefied natural gas (LNG) rose for a second week, as interest from buyers returned am

Published 12 Apr, 2019 06:44am

Energy

Oil lifted by OPEC cuts, US sanctions on Iran and Venezuela

SINGAPORE: Oil prices edged higher on Friday, lifted by ongoing supply cuts led by producer club OPEC and by US sanction

Published 12 Apr, 2019 06:32am

Energy

Abu Dhabi light crude trades at premiums for 1st time in 6 months

SINGAPORE: Abu Dhabi light crude Das has traded at premiums for the first time in six months after a number of June-load

Published 11 Apr, 2019 08:51am

Energy

ONGC sells 2nd cargo of June-loading Sokol crude at higher premium - sources

SINGAPORE: * Indian explorer ONGC Videsh has sold a second cargo of Russian Sokol crude loading in June at a slightly hi

Published 11 Apr, 2019 08:40am

Energy

Oil prices slip on economic worries, surging U.S. crude supply

SINGAPORE: Oil prices were dragged down on Thursday by surging U.S. crude stockpiles and record production, while econom

Published 11 Apr, 2019 07:38am

Energy

Oil prices slip on economic worries, surging US crude supply

SINGAPORE: Oil prices were dragged down on Thursday by surging US crude stockpiles and record production, while economic

Published 11 Apr, 2019 06:54am

Energy

Iran raises May crude prices for all regions -source

SINGAPORE: Iran has raised the official selling price (OSP) across crude grades to all regions in May, an industry sourc

Published 10 Apr, 2019 07:49am

Energy

Oil rises amid OPEC supply cuts, US sanctions

SINGAPORE: Oil prices edged back towards five-month highs on Wednesday, supported by ongoing supply cuts by producer clu

Published 10 Apr, 2019 07:14am

Energy

Oil edges higher amid tightening global supply, gains capped by economic slowdown

SINGAPORE: Oil prices crept higher on Wednesday, supported by supply cuts by producer club OPEC and US sanctions against

Published 10 Apr, 2019 07:10am

Energy

CNPC to mothball refinery in Xinjiang for environmental, safety reasons

SINGAPORE/BEIJING: China National Petroleum Corp (CNPC), the country's largest state-owned oil and gas company, said on

Published 10 Apr, 2019 06:53am

Energy

East Crude-Benchmarks extend gains; premiums touch fresh highs this month

SINGAPORE: Middle East crude benchmarks, Dubai and Oman, extended gains on Tuesday with their premiums touching fresh h

Published 09 Apr, 2019 01:34pm

Energy

India delays May order for Iran oil, awaits clarity on sanctions waiver - sources

NEW DELHI: Indian refiners are holding back from ordering Iranian oil for loading in May pending clarity on whether Wash

Published 09 Apr, 2019 09:24am

Energy

Japan's JERA to buy up to 1.2mn T per yr of LNG from Canada project

TOKYO: Japan's JERA, the world's top buyer of liquefied natural gas, on Tuesday said it had signed an agreement with a M

Published 09 Apr, 2019 09:16am

Energy

Australia's heavy-sweet crudes surge in preparation for IMO 2020

SINGAPORE: Prices for Australian heavy-sweet crude grades are rising as traders snap up cargoes for blending ahead of ne

Published 09 Apr, 2019 08:50am

Energy

Kpler, Powernext to launch LNG trading platform in Singapore

SINGAPORE: French data firm Kpler and energy exchange Powernext plan to launch a trading platform for liquefied natural

Published 09 Apr, 2019 08:48am

Energy

Oil shuts RFCC after tech glitch, may restart by end-April

SEOUL: * South Korea's S-Oil Corp has shut the 73,000 barrels-per-day (bpd) residue fluid catalytic cracker (RFCC) since

Published 09 Apr, 2019 08:44am

Energy

Shell enters China's shale oil scene with joint study with Sinopec

SINGAPORE: Royal Dutch Shell has entered China's shale oil sector, signing an agreement with state-owned Sinopec to stud

Published 08 Apr, 2019 11:38am

Energy

Oil climbs to 5-month high amid OPEC cuts, US sanctions and Libya fighting

SINGAPORE: Oil prices rose to their highest level since November 2018 on Monday, driven upwards by OPEC's ongoing supply

Published 08 Apr, 2019 09:17am

Energy

Oil hits highest since Nov 2018 amid OPEC cuts, US sanctions

SINGAPORE: Oil prices rose to their highest level since November 2018 on Monday, driven upwards by OPEC's ongoing supply

Published 08 Apr, 2019 05:47am

Energy

Indian oil giant briefly halts fuel to beleaguered Jet Airways

MUMBAI: India's largest commercial oil company briefly stopped supplying fuel to Jet Airways on Friday, in a sign that t

Published 05 Apr, 2019 03:08pm

Energy

Tokyo Gas, Shell sign LNG deal linked to coal pricing in rare move

TOKYO/SINGAPORE: Japan's Tokyo Gas said on Friday it has signed a deal with Royal Dutch Shell for the long-term supply o

Published 05 Apr, 2019 02:16pm

Energy

LNG tanker Pan Asia due to unload at Britain's Dragon terminal

LONDON: Liquefied natural gas (LNG) tanker Pan Asia is waiting outside Britain's Dragon terminal to unload, Refinitiv Ei

Published 05 Apr, 2019 02:07pm

Energy

Oil prices dip amid economic concerns, but on track for weekly gain

TOKYO: Oil prices fell on Friday, with Brent slipping away from the $70 mark reached the previous day, pulled down by wo

Published 05 Apr, 2019 09:01am

Energy

Tokyo Gas, Shell sign LNG deal including coal-linked pricing formula

TOKYO: Japan's Tokyo Gas said on Friday it has signed a heads of agreement with Royal Dutch Shell for 500,000 tonnes per

Published 05 Apr, 2019 07:48am

Energy

U.S. LNG to China will increase despite trade tension

lSHANGHAI: Shipments of liquefied natural gas (LNG) from the United States to China will increase over the long term des

Published 04 Apr, 2019 09:57am

Energy

Indonesia sets March Minas crude price at 5-mth high -document

SINGAPORE * Indonesia has set the official Indonesia Crude Price (ICP) for Minas crude oil at $64.78 a barrel for March,

Published 04 Apr, 2019 09:33am

Energy

China raises LNG import volumes entitled to tax rebate

China's finance ministry said on Thursday it had the raised the annual volume of imported liquefied natural gas (LNG)

Updated 04 Apr, 2019 09:25am

Energy

Brent edges further away from $70 level on build in U.S. stocks

TOKYO: Oil prices slipped a second day on Thursday, with Brent edging down further from the $70 mark after weekly U.S. o

Published 04 Apr, 2019 08:01am

Energy

PetroChina offers spot LNG cargoes for Europe delivery in May

LONDON PetroChina International (London) was offering several spot cargoes of liquefied natural gas (LNG) from Russia's

Published 03 Apr, 2019 03:14pm

Energy

France's Total signs 10-yr LNG deal with China's Guanghui

SHANGHAI: France's Total said on Wednesday it has signed a 10-year sales and purchase deal with China's independent gas

Published 03 Apr, 2019 12:34pm

Energy

China's LNG imports could reach 110 bn cubic metres by

SHANGHAI: China's imports of liquefied natural gas (LNG) could reach 110 billion cubic metres, or about 80 million tonne

Published 03 Apr, 2019 12:29pm

Energy

Brent nears $70 as oil prices rise for 4th day

TOKYO: Oil prices rose for a fourth day on Wednesday, pushing Brent towards $70 a barrel as support from OPEC-led supply

Published 03 Apr, 2019 07:22am

Energy

LNG supply will be ample in the future - CNOOC chairman

SHANGHAI: Supply of liquefied natural gas (LNG) will be ample in the future, the chairman of China National Offshore Oil

Published 02 Apr, 2019 08:05am

Energy

Oil scales 2019 highs on firm China data, Iran sanctions threat

TOKYO: Oil prices rose to fresh 2019 highs on Tuesday, supported by firm Chinese economic data that eased demand concern

Published 02 Apr, 2019 07:42am

Energy

Global LNG demand to grow 2 pct a year for next 15 years - Qatar Petroleum CEO

SHANGHAI: Global demand for liquefied natural gas will grow at two percent a year for the next 15 years, the chief execu

Published 02 Apr, 2019 06:55am

Energy

Saudi Arabia may keep May crude prices little changed

SINGAPORE: Top oil exporter Saudi Arabia is expected to keep prices of various grades of crude it sells to Asia little c

Published 02 Apr, 2019 06:33am

Energy

Average Dubai crude oil price rises in March to 5-month high

SINGAPORE: Dubai crude, as quoted by price-reporting agency S&P Global Platts, rose in March to an average of $66.93

Published 01 Apr, 2019 09:10am

Energy

Oil prices push higher as supply worries drive gains

TOKYO: Oil prices rose on Monday, adding to gains in the first quarter when the major benchmarks posted their biggest in

Published 01 Apr, 2019 09:01am

Energy

Spot deals make up more of global LNG market as sellers get flexible

SINGAPORE: Spot trades and other short-term deals are making up more of the transactions in the global liquefied natural

Published 01 Apr, 2019 08:22am

Energy

Malaysia's Petronas raises March crude oil OSP to 5-month high

SINGAPORE: Malaysia has raised the official selling price (OSP) of a basket of March-loading Malaysian crude oil grades

Published 01 Apr, 2019 08:21am

Energy

India raises natural gas price for April-Sept by about 10 pct to $3.69/mmBtu

NEW DELHI: India has raised the price of its locally produced gas by about 10 percent to $3.69 per million metric Britis

Published 29 Mar, 2019 08:44am

Energy

Japan's February oil imports rise 3.3 pct yoy -METI

TOKYO: Japan's crude oil imports rose 3.3 percent in February from a year earlier to 3.09 million barrels per day (13.77

Published 29 Mar, 2019 07:41am

Energy

Australia-based LNG platform GLX facilitates physical trade

SINGAPORE: Liquefied natural gas (LNG) trading marketplace Global LNG Exchange (GLX) facilitated a physical trade during

Published 29 Mar, 2019 07:29am

Energy

Oil set for strongest quarter in a decade on OPEC cuts, sanctions

SINGAPORE: Oil prices rose on Friday on the back of ongoing OPEC-led supply cuts and U.S. sanctions against Iran and Ven

Published 29 Mar, 2019 06:55am

Energy

U.S. oil may drop to $58.23

SINGAPORE: U.S. oil may drop to $58.23 per barrel, following its failure to rise above its March 21 high of $60.39. T

Published 28 Mar, 2019 08:05am

Energy

Japan extends state-backed insurance for Iran oil imports-govt official

TOKYO: Japan has extended state-backed insurance to cover imports of oil from Iran, potentially allowing the country's r

Published 28 Mar, 2019 08:03am

Energy

Mitsui to produce more heavy crude oil in 2019

TOKYO: Japanese trading company Mitsui & Co will produce more heavy crude oil this year once projects in Australia a

Published 28 Mar, 2019 07:36am

Energy

Asian LNG prices fall to near three-year low as buyers shun spot cargoes -traders

SINGAPORE: Asian liquefied natural gas (LNG) prices this week have dropped to their lowest in nearly three years as reco

Published 27 Mar, 2019 01:52pm

Energy

U.S. oil may gain more towards $61.46

SINGAPORE: U.S. oil may rise above its March 21 high of $60.39 per barrel and gain more towards $61.46, as suggested by

Published 27 Mar, 2019 07:34am

Energy

Oil prices edge higher, but future demand concerns cap gains

TOKYO: Oil prices crept up on Wednesday, extending the previous session's rise, but gains were kept in check amid growin

Published 27 Mar, 2019 07:10am

Energy

China boosts coal mining capacity despite climate pledges

BEIJING: China added 194 million tonnes of coal mining capacity in 2018, data from the energy bureau showed on Tuesday,

Published 26 Mar, 2019 12:58pm

Energy

Oil edges up on supply cuts, but recession fears cap market

SINGAPORE: Oil prices edged up on Tuesday, lifted by supply cuts led by producer club OPEC and U.S. sanctions against Ir

Published 26 Mar, 2019 07:57am

Energy

China's ShFE launches crude oil futures index; plans more products

BEIJING: China's Shanghai Futures Exchange (ShFE) will start on Tuesday publishing an index linked to the prices of its

Published 26 Mar, 2019 06:33am

Energy

Oil prices slip amid worries of severe economic slowdown

SINGAPORE: Oil prices slipped on Monday, with concerns of a sharp economic slowdown outweighing supply disruptions from

Published 25 Mar, 2019 08:59am

Energy

Saudi beats Russia to top spot among China crude oil suppliers in Feb

BEIJING/SINGAPORE: Saudi Arabia was China's biggest crude oil supplier in February, data from the general administration

Published 25 Mar, 2019 08:44am

Energy

Gas demand fuels profit surge at Chinese oil giants

SHANGHAI: Chinese energy giant Sinopec, the world's largest oil refiner, said Monday its annual profit for 2018, soared

Published 25 Mar, 2019 07:41am

Energy

Oil lingers slightly under 2019 highs on OPEC's supply cuts, U.S. sanctions

SINGAPORE: Oil hovered slightly below 2019 peaks on Friday, propped up by ongoing supply cuts led by producer club OPEC

Published 22 Mar, 2019 09:30am

Energy

Oil hits 2019 highs amid OPEC-led supply cuts, U.S. sanctions on Iran, Venezuela

SINGAPORE: Oil prices reached their highest so far for 2019 on Thursday as global markets tightened amid supply cuts led

Published 21 Mar, 2019 08:24am

Energy

Oman denies it has agreed to invest in Sri Lanka oil refinery project

NEW DELHI: Oman's oil ministry on Wednesday denied being part of a $3.85 billion plan to build an oil refinery in Sri L

Published 20 Mar, 2019 03:04pm

Energy

Oil prices pressured by economic slowdown, but OPEC cuts support

SINGAPORE: Oil prices were on Wednesday weighed down by economic growth concerns that dampened the outlook for fuel cons

Published 20 Mar, 2019 08:11am

Energy

Oil pulled two ways by economic slowdown, OPEC-led supply cuts

SINGAPORE: Oil prices were mixed on Monday, weighed by concerns that an economic downturn may dent fuel consumption,

Updated 18 Mar, 2019 12:18pm

Energy

Kazakhstan sees average oil output below 1.8mn bpd in H1

BAKU: Kazakhstan expects to see oil production below 1.8 million barrels per day (bpd) on average in the first half

Published 17 Mar, 2019 01:30pm

Energy

Azerbaijan's oil exports via Turkey pipeline fall 3.9pc in Jan-Feb

BAKU: Azeri oil exports through the Baku-Tbilisi-Ceyhan (BTC) pipeline via Georgia and Turkey fell 3.9 percent year-

Published 15 Mar, 2019 04:07pm

Energy

U.S. oil hits highest so far this year, but concerns over demand growth drag

SINGAPORE: Oil prices edged up on Friday, with U.S. crude climbing to its highest so far this year as production cuts le

Published 15 Mar, 2019 10:37am

Energy

India to buy 12pc less Iran oil in April vs March: sources

NEW DELHI: Indian state refiners will lift 8 million barrels of Iranian oil in April, a decline of about 12 percent

Published 14 Mar, 2019 05:43pm

Energy

India's oil imports from Iran slump 60pc in Feb y/y: sources

NEW DELHI: India's oil imports from Iran in February plunged by over 60 percent from a year ago to about 260,000 bar

Published 14 Mar, 2019 04:36pm

Energy

U.S. oil may rise to $59.55

SINGAPORE: U.S. oil may break a resistance at $58.59 per barrel and rise to the next resistance at $59.55, driven by a w

Published 14 Mar, 2019 08:54am

Energy

Bangladesh extends deadline to submit plans to build new LNG terminal

DHAKA: Bangladesh will extend the deadline by three months for companies to submit expressions of interest (EOI) to buil

Published 14 Mar, 2019 08:02am

Energy

Japan spot LNG contract price falls to 18 month low in Feb

TOKYO: The average contract price for spot liquefied natural gas (LNG) cargoes shipped to Japan last month fell to the l

Published 11 Mar, 2019 08:37am

Energy

Oil rises on ongoing OPEC-led supply cuts, fall in U.S. rig count

SINGAPORE: Oil prices rose on Monday, lifted by comments from Saudi oil minister Khalid al-Falih that an end to OPEC-led

Published 11 Mar, 2019 07:26am

Energy

Oil prices slide as economic outlook darkens, U.S. supply surges

SINGAPORE: Oil prices dropped on Friday as clouds gathered over the global economy after the European Central Bank (ECB)

Published 08 Mar, 2019 07:55am

Energy

U.S. oil neutral in $55.61-$56.79 range

SINGAPORE: U.S. oil looks neutral in a range of $55.61-$56.79 per barrel, and an escape could suggest a direction. Th

Published 07 Mar, 2019 07:58am

Energy

Oil edges up on OPEC cuts, U.S. sanctions against Venezuela and Iran

SINGAPORE: Oil edged up on Thursday amid ongoing OPEC-led supply cuts and U.S. sanctions against exporters Venezuela and

Published 07 Mar, 2019 07:52am

Energy

Oil falls on US inventory build, shale oil output forecasts

SINGAPORE: Oil prices fell on Wednesday as bullish output forecasts by two big U.S. producers and a build in weekly

Updated 06 Mar, 2019 01:17pm

Energy

Oil dips on U.S. stocks build, production outlook

SEOUL/SINGAPORE: Oil prices slipped on Wednesday as bullish output forecasts by two big U.S. producers and a build in we

Published 06 Mar, 2019 08:03am

Energy

Middle East Crude-Qatar OSPs within expectation

SINGAPORE: Middle East crude benchmarks edged up on Tuesday while Qatar released its official selling prices at leve

Published 05 Mar, 2019 12:58pm

Energy

Oil falls as China trims economic growth target, but OPEC-led cuts support

SINGAPORE: Oil prices fell on Tuesday as China cut its 2019 economic growth target, dimming the outlook for fuel demand,

Published 05 Mar, 2019 07:10am

Energy

Oil trader AOT Energy reviews Asia business plan

SINGAPORE: Swiss commodities trader AOT Energy said on Tuesday it is reviewing its business plan in Asia and will restru

Published 05 Mar, 2019 06:39am

Energy

Oil rises on OPEC-led supply cuts, but economic weakness weighs

SINGAPORE: Oil prices climbed on Friday as markets tightened amid output cuts by producer club OPEC, but surging U.S. su

Published 01 Mar, 2019 07:34am

Energy

Middle East Crude-Benchmarks rebound; ESPO premiums fall

SINGAPORE: Middle East crude benchmarks rebounded on Thursday, the last trading day of the month. SAUDI OSP PREVI

Published 28 Feb, 2019 12:56pm

Energy

Vietnam Feb crude oil output seen 10pc down y/y at 890,000 T

HANOI: Vietnam's crude oil output in February is estimated at 890,000 tonnes, down 10.1 percent from a year ago, the

Published 28 Feb, 2019 12:10pm

Energy

Asia's Iran crude oil imports dips to 2-month low in Jan; to rebound in Feb

SINGAPORE: Asia's crude oil imports from Iran dipped in January to the lowest in two months after top buyers China and I

Published 28 Feb, 2019 08:55am

Energy

Middle East Crude-Dubai, Oman prices fall below Brent for 2nd day

SINGAPORE: Outright prices for Dubai and Oman dropped below Brent for a second straight session on Wednesday as the

Published 27 Feb, 2019 01:36pm

Energy

U.S. oil may revisit Feb. 26 low of $55.02

SINGAPORE: U.S. oil may revisit its Feb. 26 low of $55.02 per barrel, as suggested by a projection analysis and a rising

Published 27 Feb, 2019 10:47am

Energy

China plans oil, gas pipeline group in major industry reshuffle

SINGAPORE: China plans this year to form a national oil and gas pipeline group combining the long-distance pipeline asse

Published 27 Feb, 2019 09:11am

Energy

Asian gasoline gets a lift from demand, refinery maintenance

SINGAPORE: Asia's gasoline margins have recently swung back to a premium after mainly being at discounts since the start

Published 27 Feb, 2019 09:01am

Energy

Oil advances as OPEC set to continue supply cuts despite U.S. pressure to ease

SINGAPORE: Oil prices rose on Wednesday after a report of declining U.S. crude inventories and as producer club OPEC see

Published 27 Feb, 2019 08:29am

Energy

Middle East Crude-Benchmarks steady; NWS condensate discount at over 5-year low

SINGAPORE: Middle East crude benchmarks held steady on Tuesday, while light grades remained under pressure with Aust

Published 26 Feb, 2019 11:38am

Energy

Oil slips after Trump calls on OPEC to rein in prices

SINGAPORE: Oil inched down on Tuesday to extend losses of more than 3 percent from the previous session, easing afte

Updated 26 Feb, 2019 02:02pm

Energy

Malaysia's LNG loadings normal after fire at Bintulu complex

SINGAPORE: Loadings of liquefied natural gas (LNG) from Malaysia's Bintulu export plant are normal after a fire broke ou

Published 26 Feb, 2019 10:43am

Energy

Oil eases after Trump urges OPEC to curb efforts to boost prices

SINGAPORE: Oil inched lower on Tuesday to extend losses of more than 3 percent from the previous session, easing aft

Updated 26 Feb, 2019 12:17pm

Energy

China Jan crude oil imports from Russia rise 25pc: customs

BEIJING: Russia remained China's largest crude oil supplier in January, with imports rising 25 percent year on year

Published 25 Feb, 2019 02:44pm

Energy

Middle East Crude-Benchmarks fall; Upper Zakum trades at discount

SINGAPORE: Spot premiums for Middle East crude benchmarks fell on Monday while Upper Zakum also flipped into discoun

Published 25 Feb, 2019 11:20am

Energy

U.S. oil may retest resistance at $57.93

SINGAPORE: U.S. oil may retest a resistance at $57.93 per barrel, a break above which could lead to a gain to $59.51.

Published 25 Feb, 2019 09:28am

Energy

Oil dips amid record US exports, but trade talk hopes offer some support

SINGAPORE: Oil prices dipped on Monday, dragged down by plentiful supply as U.S. exports soar and compete with tradi

Updated 25 Feb, 2019 12:11pm

Energy

Brent oil to rise to $68.77

SINGAPORE: Brent oil is expected to rise to $68.77 per barrel, as suggested by its wave pattern and a projection analysi

Published 25 Feb, 2019 07:33am

Energy

Thailand's PTT plans up to $11bn investment in LNG and infrastructure

BANGKOK: Thai energy company PTT Pcl plans to invest up to 354.7 billion baht ($11.3 billion) over the next five ye

Published 22 Feb, 2019 12:07pm

Energy

Asia's surging fuel exports depress refining industry profits

SINGAPORE: Asia's biggest oil consumers are flooding the region with fuel as refining output is exceeding consumption am

Published 22 Feb, 2019 08:06am

Energy

Oil prices firm on trade hopes, but record US output drags

SINGAPORE: Oil prices were firm on Friday, supported by OPEC's ongoing supply cuts and hopes that Washington and Beijing

Published 22 Feb, 2019 08:02am

Energy

Oil ticks over near 2019 highs amid OPEC cuts, but economic slowdown applies brakes

SINGAPORE: Oil prices hovered close to 2019 highs on Thursday, bolstered by OPEC-led supply cuts and US sanctions on

Published 21 Feb, 2019 12:17pm

Energy

Oil hovers near 2019 highs amid OPEC cuts, but economic slowdown weighs

SINGAPORE: Oil prices hovered close to 2019 highs on Thursday, bolstered by OPEC-led supply cuts and U.S. sanctions on V

Published 21 Feb, 2019 10:49am

Energy

Oil slips away from 2019 highs as surging US supply undermines OPEC cuts

SINGAPORE: Oil prices slipped away from 2019 highs on Wednesday, with surging U.S. supply and slowing economic growth te

Published 20 Feb, 2019 07:48am

Energy

Azerbaijan expects flat oil output in 2019, gas to rise 20pc

BAKU: Azerbaijan expects oil production to stay flat in 2019 and gas output to rise 20 percent in 2019, state energy

Published 19 Feb, 2019 07:24pm

Energy

Azerbaijan expects flat oil production, 20pc rise in gas output in 2019

BAKU: Azerbaijan expects its oil production will be flat and its gas output will rise 20 percent in 2019, a spokesman fo

Published 19 Feb, 2019 03:53pm

Energy

Oil hovers just below 2019 highs as markets look to trade talks

SINGAPORE: Oil prices hovered just below 2019 highs on Tuesday as traders waited for the outcome of U.S.-China trade tal

Published 19 Feb, 2019 08:09am

Energy

Brent oil eases from 2019 highs as markets await trade talks outcome

SINGAPORE: Brent crude oil prices eased away from 2019 highs on Tuesday on caution that economic growth may dent fuel de

Published 19 Feb, 2019 07:04am

Energy

Azerbaijan's oil exports via Turkey pipeline fall 2.9pc in Jan

BAKU: Azeri oil exports through the Baku-Tbilisi-Ceyhan (BTC) pipeline via Georgia and Turkey fell 2.9 percent year-

Published 18 Feb, 2019 07:54pm

Energy

Azeri oil output down by 0.8pc to 3.334mn tonnes in January

BAKU: Azerbaijan's oil and gas condensate output fell by 0.8 percent year-on-year in January 2019 to 3.334 million t

Published 18 Feb, 2019 07:44pm

Energy

Indian Oil signs first annual deal for US oil

NEW DELHI/SINGAPORE: Indian Oil Corp , the country's top refiner, has signed its first annual deal to buy US oil, paying

Published 18 Feb, 2019 02:12pm

Energy

China to build new LNG terminals in southern Guangdong

BEIJING: China will build new liquefied natural gas (LNG) terminals and expand the capacity of existing terminals in its

Published 18 Feb, 2019 02:03pm

Energy

Vietnam buys first US crude oil cargo for May delivery

SINGAPORE: Vietnam will import its first ever US crude oil cargo in May for trial runs at a domestic refinery as it seek

Published 18 Feb, 2019 11:46am

Energy

Oil prices hit 2019 highs amid supply cuts, trade talk hopes

SINGAPORE: Oil prices on Monday hit their highest levels since November last year, lifted by OPEC-led supply cuts, US sa

Published 18 Feb, 2019 10:57am

Energy

Middle East Crude Benchmarks fall; little impact from Saudi outage

SINGAPORE: Middle East crude benchmarks Dubai and Oman eased on Monday, down from this month's peaks as most refiners ha

Published 18 Feb, 2019 10:42am

Energy

Indian Oil buys commissioning cargo of LNG for new Ennore terminal

SINGAPORE: Indian Oil Corp (IOC) bought a commissioning cargo of liquefied natural gas (LNG) for its new Ennore terminal

Published 18 Feb, 2019 10:33am

Energy

India advises refiner to avoid US system for Venezuela oil buying

NEW DELHI: India has asked one buyer of Venezuelan oil to consider paying the South American nation's national oil c

Published 15 Feb, 2019 08:00pm

Energy

India's oil imports fell 10pc in Jan y/y

NEW DELHI: India's oil imports declined by 10.4 percent in January from a year earlier to about 4.6 million barrels per

Published 15 Feb, 2019 02:10pm

Energy

Fuel Oil-Refining margins slip as crude prices gain

SINGAPORE: Fuel oil refining margins eased on Friday amid firmer crude oil prices, while cash premiums for the mainstay

Published 15 Feb, 2019 01:51pm

Energy

Asian prices drop to 17-mth low on tepid demand

SINGAPORE: Asian spot prices for liquefied natural gas (LNG) continued their downward spiral this week, hitting a 17-mon

Published 15 Feb, 2019 09:21am

Energy

Brent oil slips from 2019-high as economic woes counter OPEC-led cuts

SINGAPORE: Brent crude oil prices slipped away from 2019 highs above $65 per barrel reached earlier on Friday, as econom

Published 15 Feb, 2019 09:09am

Energy

India's ONGC third-quarter profit beats estimate

India's Oil and Natural Gas Corp on Thursday posted a 64.8 percent jump in third-quarter profit, handily beating analyst

Published 14 Feb, 2019 12:14pm

Energy

China's Jan crude oil imports rise from a year ago, gas imports at record

SINGAPORE: China's crude oil imports in January rose 4.8 percent from a year earlier, customs data showed on Thursday, w

Published 14 Feb, 2019 08:59am

Energy

Oil prices rise on Sino-American trade hopes, upbeat China data

SINGAPORE: Oil prices rose on Thursday, buoyed by hopes that potential progress in the latest Sino-U.S. tariff talks wou

Published 14 Feb, 2019 08:37am

Energy

Asia's crude oil refiners are caught between Trump and OPEC: Russell

LAUNCESTON, AUSTRALIA: Asia's oil refiners are increasingly finding themselves trapped between the rock of OPEC's produc

Published 13 Feb, 2019 02:42pm

Energy

Malaysia's Bintulu LNG cargoes delayed on lower production

SINGAPORE: Loadings of liquefied natural gas (LNG) cargoes at Malaysia's Bintulu export plant, which is operated by Petr

Published 13 Feb, 2019 01:10pm

Energy

Gasoline discount widens, Formosa seeks naphtha

SINGAPORE: Asia's naphtha crack eased to a two-session low of $40.65 a tonne on Wednesday as strong demand was countered

Published 13 Feb, 2019 01:00pm

Energy

Australian producers plan LNG plant maintenance from April-Sept

SINGAPORE: Woodside Petroleum and Chevron Corp have planned major maintenance works at their liquefied natural gas (LNG)

Published 13 Feb, 2019 11:45am

Energy

Kuwait raises Feb KEC price by 40 cents/bbl, cuts light crude price

SINGAPORE: Kuwait has raised the February official selling price (OSP) for Kuwait Export Blend Crude (KEC) by 40 cents t

Published 12 Feb, 2019 12:38pm

Energy

Jet fuel cracks slip as crude gains; cash discounts widen

SINGAPORE: Asian refining margins for jet fuel dipped as crude prices firmed on Tuesday, while cash discounts for the av

Published 12 Feb, 2019 12:35pm

Energy

Oil India's third-quarter profit beats estimate

State-owned Oil India Ltd on Tuesday posted nearly 75 percent surge in its quarterly profit, handily beating analysts' e

Published 12 Feb, 2019 11:41am

Energy

Brent's premium to Dubai crude falls to lowest in more than 8 years

SINGAPORE: Brent crude's premium to Dubai crude fell to the lowest in more than eight years as the Middle East benchmark

Published 12 Feb, 2019 11:36am

Energy

Iran keeps light crude price for Asia unchanged in March

SINGAPORE: Iran has set the official selling price (OSP) of its Iranian Light grade for its Asian buyers at 40 cents abo

Published 11 Feb, 2019 03:46pm

Energy

US oil may fall to $50.76

SINGAPORE: US oil may break a support at $51.86 per barrel, and fall more to the next support at $50.76, as its uptrend

Published 11 Feb, 2019 03:40pm

Energy

Abu Dhabi's ADNOC seeks to expand downstream investment in Asia

NEW DELHI: Abu Dhabi National Oil Company is seeking to invest in more downstream assets, mainly in refining and petroch

Published 11 Feb, 2019 02:16pm

Energy

Benchmarks gain on OPEC cuts, US sanctions

SINGAPORE: Middle East crude benchmarks edged higher on Monday, boosted by OPEC production cuts and US sanctions on Iran

Published 11 Feb, 2019 01:29pm

Energy

Venezuela open to barter trade with India to boost oil sales

NEW DELHI: Venezuela is open to barter-like payments from India to boost oil sales to the world's third-biggest oil cons

Published 11 Feb, 2019 12:12pm

Energy

Gasoline crack returns to slight premium

SINGAPORE: Asia's naphtha crack was at a three-session high on Monday at $37.70 a tonne while gasoline crack flipped to

Published 11 Feb, 2019 12:08pm

Energy

Brent oil may retest support at $60.55

SINGAPORE: Brent oil may retest a support at $60.55 per barrel, a break below which could cause a loss into a range of $

Published 11 Feb, 2019 08:39am

Energy

U.S. oil may fall to $50.76

SINGAPORE: U.S. oil may break a support at $51.86 per barrel, and fall more to the next support at $50.76, as its uptren

Published 11 Feb, 2019 08:27am

Energy

Oil prices fall as U.S. rig count rise, trade concerns

SINGAPORE: Oil prices fell by around 1 percent on Monday as drilling activity in the United States, the world's largest

Published 11 Feb, 2019 08:05am

Energy

Sanctions, OPEC cuts push Asia's sour crude oil prices above Brent

SINGAPORE: Middle East oil benchmarks Dubai and DME Oman have nudged above prices for Brent crude, an unusual move as U.

Published 11 Feb, 2019 08:02am

Energy

Middle East Crude-Dubai, Oman stay firm

SINGAPORE: Middle East crude benchmarks Dubai and Oman were steady on Friday, staying above Brent, supported by OPEC cut

Published 08 Feb, 2019 12:06pm

Energy

Cracks hit new 3-year high as crude prices ease

SINGAPORE: Refining margins for fuel oil hit a three-year high on Friday, buoyed by weaker crude prices, while cash prem

Published 08 Feb, 2019 11:46am

Energy

Oil prices slip on economy fears, but OPEC cuts provide backstop

SINGAPORE: Oil markets fell on Friday, pulled down by worries over a global economic slowdown, although OPEC-led supply

Published 08 Feb, 2019 08:56am

Energy

Oil prices drop on rising US crude supply, but OPEC cuts support

SINGAPORE: Oil prices fell on Thursday after US crude inventories rose and the country's production held at record level

Published 07 Feb, 2019 03:27pm

Energy

Middle East Crude-Benchmarks strengthen; EFS narrows

SINGAPORE: Middle East crude benchmarks kicked off trade this month at stronger levels as traders may be betting on tigh

Published 01 Feb, 2019 12:25pm

Energy

Jet fuel margins climb to highest in over two weeks

SINGAPORE: Asian refining margins for jet fuel climbed on Friday to their highest in over two weeks, while cash differen

Published 01 Feb, 2019 11:40am

Energy

Brent oil may fall to $59.92

SINGAPORE: Brent oil may fall to $59.92 per barrel, as it could have completed an uptrend from the Dec. 26, 2018 low of

Published 01 Feb, 2019 07:57am

Energy

Oil prices climb on OPEC cuts, hopes of U.S.-China trade deal

SINGAPORE: Oil prices rose on Friday, lifted by OPEC's supply cuts and hopes the United States and China could soon sett

Published 01 Feb, 2019 07:35am

Energy

South Korea's Jan crude oil imports fall 8.8 pc y/y

SEOUL: South Korea's crude oil imports in January fell 8.8 percent to 91.0 million barrels from a year earlier, prelimin

Published 01 Feb, 2019 07:25am

Energy

US oil may fall to $52.53

SINGAPORE: U.S. oil may fall to $52.53 per barrel, as suggested by a projection analysis and the hourly MACD. The con

Published 01 Feb, 2019 07:19am

Energy

Oil caught between trade talk hopes, weak China data

SINGAPORE: Oil prices held steady on Friday, torn between hopes the United States and China could soon settle their trad

Published 01 Feb, 2019 07:10am

Energy

Asia Fuel Oil-Cracks extend gains to hit record highs, inventories rise

SINGAPORE: Fuel oil cracks continued their ascent on Thursday, climbing to record highs amid expectations of tightening

Published 31 Jan, 2019 04:03pm

Energy

Japan's crude imports fall 15pc y/y in Dec

TOKYO: Japan's crude oil imports in December fell 15 percent from a year earlier to 3.00 million barrels per day (14.76

Published 31 Jan, 2019 12:08pm

Financial

Bangladesh imports first LNG from Oman Trading as terminal runs full

DHAKA: Bangladesh has imported its first liquefied natural gas (LNG) cargo from Oman Trading International, its long-ter

Published 31 Jan, 2019 11:52am

Energy

Saudi Arabia may hold most oil prices to Asia steady in March, Venezuela impact eyed

SINGAPORE: Saudi Arabia is expected to keep prices for most of the crude grades it sells to Asia little changed in March

Published 31 Jan, 2019 08:49am

Energy

Indian Oil seeks commissioning cargo for new Ennore LNG terminal - sources

SINGAPORE: Indian Oil Corp (IOC) is seeking a commissioning cargo for its new Ennore liquefied natural gas (LNG) termina

Published 30 Jan, 2019 02:24pm

Energy

Oil rises as traders expect Venezuelan supply disruptions amid US sanctions

SINGAPORE: Oil prices rose on Wednesday as concerns about supply disruptions following US sanctions on Venezuela's oil i

Published 30 Jan, 2019 01:44pm

Energy

Oil edges up on Venezuela sanctions, but economic outlook weighs

SINGAPORE: Oil prices rose on Wednesday as concerns about supply disruptions following US sanctions on Venezuela's oil i

Published 30 Jan, 2019 12:48pm

Energy

Japan's Shizuoka Gas signs deal with China's Clean Energy to supply LNG

SINGAPORE: Japanese city gas supplier Shizuoka Gas Co has signed a binding agreement with China's Clean Energy to delive

Published 30 Jan, 2019 10:22am

Energy

Oil dips as gloomy economic outlook outweighs Venezuela supply concerns

SINGAPORE: Oil prices dipped on Wednesday amid a cloudy outlook for the global economy, but traders said declines were r

Published 30 Jan, 2019 08:45am

Energy

Oil rises as traders expect Venezuelan supply disruptions amid U.S. sanctions

SINGAPORE: Oil prices rose on Wednesday as concerns about supply disruptions following U.S. sanctions on Venezuela's oil

Published 30 Jan, 2019 07:48am

Energy

China saw better utilization of renewable energy in 2018

BEIJING: China wasted less renewable energy in the past year amid a rising utilization rate, official data showed Mo

Published 28 Jan, 2019 07:32pm

Energy

Crude awakening: Chinese oil demand rebounds as independent refiners restock

SINGAPORE: Chinese demand for crude oil is rebounding as independent refiners push to buy before prices climb further fr

Published 28 Jan, 2019 12:58pm

Energy

Oil falls on increased US rig count, China industrial slowdown

SINGAPORE: Oil prices fell 1 percent on Monday after US companies added rigs for the first time this year, a signal that

Published 28 Jan, 2019 12:30pm

Energy

S.Korea's S-Oil sees stronger refining margins on diesel demand

SEOUL: S-Oil Corp, South Korea's third-biggest refiner by capacity, said on Monday that refining margins are expected to

Published 28 Jan, 2019 12:20pm

Energy

Oil prices climb as US threatens sanctions against Venezuela

SYDNEY/SINGAPORE: Oil prices rose on Friday as turmoil in Venezuela triggered concerns that its crude exports could soon

Published 25 Jan, 2019 12:38pm

Energy

Sahara Energy hires Ben Waters to head Singapore crude oil trading

SINGAPORE: Sahara Energy International has hired Ben Waters to head its crude-oil trading operations in Singapore, two s

Published 25 Jan, 2019 12:35pm

Energy

Russia seals position as top crude oil supplier to China, holds off Saudi Arabia

BEIJING: Russia came in as China’s largest crude oil supplier in December, cementing the top spot for all of 2018 for a

Published 25 Jan, 2019 09:23am

Energy

Japan's Iran oil loading likely to continue through March -PAJ head

TOKYO: Japanese refiners will continue to lift oil from Iran through March after receiving a waiver from US sanctions on

Published 24 Jan, 2019 01:59pm

Energy

Oil prices dip on worries fuel demand to stall as global growth slows

SINGAPORE: Oil prices declined on Thursday on lingering concerns that slowing global economic growth may limit fuel dema

Published 24 Jan, 2019 01:55pm

Energy

Brent crude's premium to Dubai quotes falls to lowest since July 2017

SINGAPORE: Brent crude's premium to quotes for Middle East crude benchmark Dubai fell on Thursday to close to 70 cents a

Published 24 Jan, 2019 11:58am

Energy

TOCOM drops on weaker oil prices, worries over global economy

TOKYO: Benchmark Tokyo rubber futures dropped on Thursday, following a plunge in a near-term contract and weaker oil pri

Published 24 Jan, 2019 11:23am

Energy

Oil edges up on hopes Chinese fiscal stimulus will stem economic slowdown

SINGAPORE: Oil prices inched up on Wednesday after China said it would raise spending to stem an economic slowdown that

Published 23 Jan, 2019 08:19am

Energy

Middle East Crude-Benchmarks ease; ESPO tender eyed

SINGAPORE: Middle East crude benchmarks eased on Tuesday as traders waited for more Russian ESPO crude to trade later th

Published 22 Jan, 2019 05:21pm

Energy

Asia Fuel Oil-Weaker crude prices lift crack higher

SINGAPORE: Weaker crude oil prices helped the front-month fuel oil crack narrow its discount to Brent crude on Tuesday t

Published 22 Jan, 2019 05:08pm

Energy

Indian Oil to shut half of Panipat refinery from mid-Feb for a month

NEW DELHI: Indian Oil Corp, the country's top refiner, will shut half of its 300,000 barrels per day Panipat refinery in

Published 22 Jan, 2019 11:50am

Energy

Oil prices drop as China economic slowdown threatens to spread

SINGAPORE: Oil prices fell on Tuesday on signs that an economic slowdown in China, the world's second-largest economy an

Published 22 Jan, 2019 10:02am

Energy

Iran fails to find any buyers for crude offered on exchange

LONDON: Iran failed to find any buyers on Monday in its latest attempt to sell oil to private companies for export o

Published 21 Jan, 2019 08:13pm

Energy

South Korea receives first Iranian oil cargo in 4 months

SINGAPORE/SEOUL: * South Korea received on Saturday its first Iranian oil cargo in four months, data on Refinitiv Eikon

Published 21 Jan, 2019 08:45am

Energy

Oil reaches 2019-high on strong China crude use, but economic slowdown looms

SINGAPORE: Crude prices rose to their highest so far in 2019 on Monday after data showed refinery processing in China, t

Published 21 Jan, 2019 08:37am

Energy

Asian prices slip, but plant outages limit losses

SINGAPORE: Asian spot prices for liquefied natural gas (LNG) continued to fall this week as importers in North Asia have

Published 18 Jan, 2019 09:19am

Energy

Oil climbs 1 pc on OPEC output cut, hopes for easing China-U.S. trade tensions

SINGAPORE: Oil prices rose 1 percent on Friday after a report from the Organization of the Petroleum Exporting Countries

Published 18 Jan, 2019 08:25am

Energy

Indonesia's Bontang LNG plant shuts a train for maintenance

SINGAPORE/JAKARTA: Indonesia's Bontang liquefied natural gas (LNG) plant has shut one of its production trains for maint

Published 17 Jan, 2019 08:48am

Energy

Oil prices slip as U.S. crude output nears 12 mn bpd

SINGAPORE: Oil prices fell on Thursday as U.S. crude production neared an unprecedented 12 million barrels per day (bpd)

Published 17 Jan, 2019 08:43am

Energy

China crude output seen flat in 2019, gas demand to climb: CNPC

BEIJING: China's crude oil output is set to remain flat in 2019 while its natural gas demand will rise 11 percent, a

Published 16 Jan, 2019 01:08pm

Energy

Middle East Crude-Benchmarks edge higher; tenders eyed

SINGAPORE: Middle East crude benchmarks extended gains on Wednesday while traders eyed results from tenders to gauge

Published 16 Jan, 2019 12:40pm

Energy

Oil holds ground as OPEC-led supply cuts keep tighter market hopes alive

SINGAPORE: Oil prices were steady on Wednesday after climbing about 3 percent in the previous session as expectations th

Published 16 Jan, 2019 09:15am

Energy

China crude output seen flat in 2019, gas demand to climb

BEIJING: China's crude oil output is set to remain flat in 2019 while its natural gas demand will rise 11 percent, accor

Published 16 Jan, 2019 08:54am

Energy

Oil firm as supply cuts point to tighter market despite weakening economy

SINGAPORE: Oil prices firmed on Wednesday after climbing about 3 percent in the previous session as expectations that OP

Published 16 Jan, 2019 08:35am

Energy

Middle East Crude-Benchmarks firm; Qatar Land stays in discount

SINGAPORE: Middle East crude benchmarks firmed on Tuesday amid limited trade on the Platts window. Cash Dubai's p

Published 15 Jan, 2019 01:08pm

Energy

Oil prices rise 1 pc amid supply cuts, but economic slowdown dims demand outlook

SINGAPORE: Oil prices rose by around 1 percent on Tuesday amid supply cuts led by producer club OPEC and Russia, althoug

Published 15 Jan, 2019 08:37am

Energy

China raises retail fuel prices

BEIJING: China will raise the retail prices of gasoline and diesel starting Tuesday, the country's top economic plan

Published 14 Jan, 2019 01:42pm

Energy

Middle East Crude-Mixed; Murban trades at wide discount

SINGAPORE: Middle East crude benchmarks were mixed on Monday with DME Oman edging up but cash Dubai fell. Light s

Published 14 Jan, 2019 01:17pm

Energy

China's natural gas imports hit record high

BEIJING: China's imports of natural gas climbed to a new high last year in part due to government support for clean ener

Published 14 Jan, 2019 07:36am

Energy

Middle East Crude-Benchmarks touch month's high; Murban discount widens

SINGAPORE: Middle East crude benchmarks Dubai and Oman rose on Friday to their highest premium this month, although

Published 11 Jan, 2019 02:23pm

Energy

India imported a record 4.6mn bpd oil in 2018

NEW DELHI: India imported 4.8 percent more oil in 2018 to a record 4.58 million barrels per day (bpd) as the country

Published 11 Jan, 2019 01:37pm

Energy

India's Iranian oil imports slide in December under US pressure

NEW DELHI: India's oil imports from Iran fell by 41 percent in December to 302,000 barrels per day oil (bpd), ship t

Published 11 Jan, 2019 01:35pm

Energy

Asian prices slide to 8-month low on mild winter

SINGAPORE: Asian spot prices for liquefied natural gas (LNG) slid to an eight-month low this week amid milder winter wea

Published 11 Jan, 2019 10:37am

Energy

Oil on track for weekly gains on trade talk hopes, OPEC-led supply cuts

SINGAPORE: Oil prices were on track for solid weekly gains on Friday after financial markets were lifted by hopes the Un

Published 11 Jan, 2019 08:45am

Energy

Oil drops by 1 pc on U.S. supply surge, caution after U.S.-China trade talks

SINGAPORE: Oil prices fell by more than 1 percent on Thursday on swelling U.S. supply and amid caution after talks betwe

Published 10 Jan, 2019 09:54am

Energy

SK Innovation CEO says South Korea to restart Iran oil imports in Jan-Feb

LAS VEGAS: South Korean oil buyers are expected to restart Iranian oil imports in late January or early February, the he

Published 10 Jan, 2019 09:52am

Energy

US oil exports to Asia set to rise in Q2 as freight costs fall

SINGAPORE/NEW YORK: US crude oil exports to Asia are set to rise in the second quarter as sellers cut prices followi

Published 09 Jan, 2019 12:52pm

Energy

Middle East Crude-Benchmarks mixed; Saudi maintains full allocation

SINGAPORE: Middle East crude benchmarks were mixed on Wednesday, with DME Oman slipping back to this month's low whi

Published 09 Jan, 2019 12:16pm

Energy

Oil climbs on hopes U.S., China can settle trade disputes

SINGAPORE: Oil prices rose by around 1 percent on Wednesday, extending gains from the previous session on hopes that Was

Published 09 Jan, 2019 09:10am

Energy

Oil rises by over 1 pc on U.S., China trade talk optimism

SINGAPORE: Oil prices rose by around 1 percent on Wednesday, extending gains from the previous session on hopes that Was

Updated 09 Jan, 2019 09:08am

Energy

Oil prices steady on trade talk hopes and OPEC cuts, but slowdown looms

SINGAPORE: Oil prices were stable on Tuesday, supported by hopes that talks in Beijing between U.S. and Chinese official

Published 08 Jan, 2019 08:51am

Energy

Middle East Crude-Benchmarks weaken; March Murban at discount

SINGAPORE: The Middle East crude benchmarks weakened on Monday, while March Murban was offered at a discount followi

Published 07 Jan, 2019 11:44am

Energy

China to crack down on diesel trucks, raise fuel standards

SHANGHAI: China will take action against highly-polluting diesel trucks by imposing tougher fuel and engine standards, r

Published 05 Jan, 2019 07:09am

Energy

China's Sinopec says losses at trading arm Unipec under audit

BEIJING: Sinopec on Friday said outside auditors have started reviewing losses at its trading arm Unipec. Sinopec sai

Published 04 Jan, 2019 02:59pm

Energy

Singapore fuel oil inventories dip, but net imports hold firm

SINGAPORE: Singapore fuel oil inventories dipped to a three-week low in the week ended Jan. 2, even though net import vo

Published 04 Jan, 2019 10:07am

Energy

Record LNG capacity to get green light in 2019 amid strong demand

SINGAPORE: A record amount of liquefied natural gas (LNG) production is expected to get the green light in 2019 amid str

Published 04 Jan, 2019 09:41am

Energy

CNOOC, CNPC LNG terminals receive record amount of gas in 2018

A liquefied natural gas import terminal in east China's Zhejiang province operated by China National Offshore Oil Corp

Published 03 Jan, 2019 08:37am

Energy

Oil drops as volatile markets, supply surge unsettle investors

SINGAPORE: Oil prices slipped on Thursday amid volatile currency and stock markets, and as analysts warned of an economi

Published 03 Jan, 2019 08:14am

Energy

Oil prices fall on demand fears, market volatility

SINGAPORE: Oil prices fell by 1 to 2 percent on Thursday amid volatile currency and stock markets, and on concerns that

Published 03 Jan, 2019 08:01am

Energy

Saudi Arabia may cut Feb heavy crude prices to Asia

SINGAPORE: Top oil exporter Saudi Arabia is expected to cut February prices for heavier crude grades sold to Asia due to

Published 03 Jan, 2019 07:29am

Energy

Oil slides into 2019 on economic slowdown, surging supply

SINGAPORE: Oil markets slid by around one percent in 2019's first trading on Wednesday, pulled down by surging outpu

Published 02 Jan, 2019 01:29pm

Energy

China cuts crude oil import quotas with first batch of 2019 allowances

SINGAPORE/BEIJING: China issued its first batch of crude oil import quotas for 2019 on Wednesday at a lower volume t

Published 02 Jan, 2019 01:27pm

Energy

Indian state oil firms have stopped taking margin hit on petrol and diesel sales

NEW DELHI: Indian state-owned fuel retailers have stopped absorbing a government-mandated cut of 1 rupee (0.014 U.S. cen

Published 02 Jan, 2019 10:38am

Energy

Oil slides into 2019 on economic slowdown, surging supply

SINGAPORE: Oil markets slide by around one percent in 2019's first trading on Wednesday, pulled down by surging output i

Published 02 Jan, 2019 08:08am

Energy

Oversupply, faltering growth to weigh on oil prices in 2019

BENGALURU: Crude oil prices look likely to trade below $70 per barrel in 2019 as surplus production, much of it from

Published 31 Dec, 2018 12:09pm

Energy

Brent crude rises $1, but set for first yearly drop since 2015

SINGAPORE: Oil prices rose about 2 percent on the final trading day of the year on Monday, mirroring gains in stock mark

Published 31 Dec, 2018 09:08am

Energy

Oil prices rise over 1 pc, but set for first yearly drop since 2015

SINGAPORE: Oil prices climbed on the final trading day of the year on Monday, mirroring gains in stock markets, but were

Published 31 Dec, 2018 07:53am

Energy

Oil prices rebound but still weak due to oversupply

LONDON: Oil prices rebounded on Friday, recovering slightly from heavy losses this week, but remained close to the l

Published 28 Dec, 2018 12:30pm

Energy

China's Sinopec suspends top officials at trading arm

SINGAPORE: Sinopec has suspended two top officials at its trading arm Unipec and is evaluating the details related to ce

Published 27 Dec, 2018 09:04pm

Energy

LNG imports into Northeast Asia climb to record high in December

SINGAPORE: Shipments of liquefied natural gas (LNG) into Northeast Asia have risen to a record in December, mainly drive

Published 27 Dec, 2018 08:31am

Energy

Oil prices drop after jump the day before; glut, economy concerns drag

SEOUL: Oil fell on Thursday after soaring 8 percent in the previous session, as worries over a glut in crude supply and

Published 27 Dec, 2018 07:05am

Energy

US oil edges up after tumbling to lowest since June 2017 on economy fears

SEOUL: Oil prices were mixed on Wednesday as the U.S. benchmark rebounded from steep losses in the previous session,

Published 26 Dec, 2018 12:02pm

Energy

Middle East Crude-Dubai firms on PetroChina's demand

SINGAPORE: Middle East crude benchmark Dubai firmed on Wednesday as PetroChina continued to sweep up February partia

Published 26 Dec, 2018 11:20am

Energy

Oil rises on signs recent low prices crimping US output; but economic worries weigh

SEOUL: Oil markets rose on Monday on signs that the recent price plunge may start crimping supply from the United St

Published 24 Dec, 2018 11:35am

Energy

China Nov LNG imports from US at 138,892 tonnes

BEIJING: China's liquefied natural gas (LNG) imports from the United States totaled 138,892 tonnes in November, cust

Published 24 Dec, 2018 11:30am

Energy

Indian shares mark 2 week closing low; financials drag

Indian shares ended lower for a third straight session on Monday as political uncertainties in the United States and

Published 24 Dec, 2018 11:16am

Energy

Saudi Arabia pips Russia as China's largest crude oil supplier in Nov

BEIJING: Saudi Arabia overtook Russia as China's largest crude oil supplier in November, breaking Russia's 19-month

Published 24 Dec, 2018 11:11am

Energy

Oil rises on signs recent low prices crimping US output; but economic worries weigh

SEOUL: Oil markets rose on Monday on signs that the recent price plunge may start crimping supply from the United States

Published 24 Dec, 2018 09:04am

Energy

Oil rebounds as OPEC output cuts seen deeper than expected

BEIJING/SINGAPORE: Oil prices climbed on Friday, claiming back ground from a tumble of 5 percent in the previous session

Published 21 Dec, 2018 08:48am

Energy

Oil prices resume fall, shed last session's gains

BEIJING/SINGAPORE: Oil prices fell on Thursday to erase most of their gains from the day before, resuming declines seen

Published 20 Dec, 2018 09:05am

Energy

India's ONGC board to consider listing of ONGC Videsh on domestic exchanges

MUMBAI: The board of India's top explorer, Oil and Natural Gas Corp Ltd, will consider a proposal this week to list its

Published 19 Dec, 2018 12:26pm

Energy

Middle East Crude-Benchmarks mixed; ESPO premium climbs

SINGAPORE: Middle East crude benchmarks were mixed on Wednesday with DME Oman's premium to Dubai edging up 2 cents a bar

Published 19 Dec, 2018 12:20pm

Energy

Oil prices claw back some ground, but oversupply worries drag

BEIJING/SINGAPORE: Oil prices clawed back some ground on Wednesday as global equity markets showed signs of stabilizing,

Published 19 Dec, 2018 09:19am

Energy

Oil prices fall for third straight session amid supply glut worries

SINGAPORE: Brent crude prices dropped more than $1 on Tuesday, falling for a third straight session, as reports of inven

Published 18 Dec, 2018 08:04am

Financial

Indian shares cool off after five-day rally, Fed in focus

Indian shares followed other Asian equities into negative territory on Tuesday, amid concerns that global economic growt

Published 18 Dec, 2018 07:55am

Energy

Middle East Crude-Light grades trade in discounts

SINGAPORE: Light grades in the Middle East crude market traded at discounts as buyers maximised term supplies from Saudi

Published 17 Dec, 2018 02:16pm

Energy

US oil may retest support $50.82

SINGAPORE: US oil may retest a support $50.82 per barrel, a break below which could cause a loss into the range of $49.3

Published 17 Dec, 2018 01:37pm

Energy

Brent crude dips on global economy worries, US oil prices steady

SINGAPORE: Brent crude prices slipped on Monday amid concerns over demand in the wake of weaker growth in major economie

Published 17 Dec, 2018 01:35pm

Energy

Oil prices pressured by oversupply, global economic concerns

SINGAPORE: Oil prices were largely steady on Monday after falling 2 percent in the previous session, but remained under

Published 17 Dec, 2018 01:20pm

Energy

South Korea imports no Iran oil in November despite sanctions waiver

SEOUL: South Korea did not import any Iranian oil for the third straight month in November, customs data showed on Satur

Published 15 Dec, 2018 08:30am

Energy

Asian prices snap three-week losing streak as winter kicks in

SINGAPORE: Asian spot prices for liquefied natural gas (LNG) snapped a three-week losing streak to end higher this week,

Published 14 Dec, 2018 08:37am

Energy

Oil prices fall on China economy worries, but output cuts support

SINGAPORE: Oil prices dipped on Friday amid concerns over slowing economic growth in China and as investors cashed in on

Published 14 Dec, 2018 08:30am

Energy

Oil prices rise as Sino-U.S. trade tensions show signs of easing

SINGAPORE: Oil prices edged higher on Thursday, buoyed by a drawdown in U.S. crude stockpiles and indications that the t

Published 13 Dec, 2018 08:06am

Energy

CNPC suspends investment in Iran's South Pars after US pressure

SINGAPORE: China National Petroleum Corp (CNPC) has suspended investment in Iran's South Pars natural gas project in res

Published 12 Dec, 2018 12:43pm

Energy

Asia Fuel Oil-380-cst cash premiums lower; trade activity tepid

SINGAPORE: Asia's prompt-month 380-cst high-sulphur fuel oil cash premiums fell to a three-session low on Wednesday as p

Published 12 Dec, 2018 12:06pm

Energy

Middle East Crude-Feb light grades stay in discounts

SINGAPORE: Middle East crude benchmarks were mixed on Wednesday with DME Oman little changed while cash Dubai extended i

Published 12 Dec, 2018 12:05pm

Energy

Asia Naphtha/Gasoline-Naphtha gains; Formosa, Titan seek H2 Jan lots

SINGAPORE: Asia's naphtha crack was at a three-session high of $41.05 a tonne on Wednesday, boosted by demand.

Taiw

Published 12 Dec, 2018 11:31am

Energy

Oil prices rise on Asian stock rally, OPEC-led cuts

SINGAPORE: Oil prices climbed by around 1 percent on Wednesday amid a stock market rebound and on expectations that an O

Published 12 Dec, 2018 07:53am

Energy

Oil inches up on Libyan export interruption, but markets remain weak

SINGAPORE: Oil prices edged up on Tuesday after Libya's National Oil Company declared force majeure on exports from the

Published 11 Dec, 2018 08:36am

Energy

Oil prices under pressure amid global market unease, but Libyan disruption supports

SINGAPORE: Oil prices were under pressure on Tuesday amid worries over global stock markets and doubts that planned outp

Updated 11 Dec, 2018 08:38am

Energy

Oil prices on shaky ground amid global financial market worries

SINGAPORE: Oil prices remained on shaky ground on Tuesday after sliding by 3 percent the previous day, pressured by

Published 11 Dec, 2018 01:22am

Energy

Firms set up LNG trading desks in Singapore to capture Asian growth

SINGAPORE: Several energy firms are setting up dedicated gas trading desks in Singapore as they try to capture the fast

Published 10 Dec, 2018 01:23pm

Energy

Asia Fuel Oil-Ample near-term supplies weigh on prompt 380-cst spread

SINGAPORE: Asia's prompt-month time-spread for 380-cst fuel oil extended their declines on Monday, weighed down by a ste

Published 10 Dec, 2018 01:18pm

Energy

Brent crude oil rises after producer supply cut, but outlook still weak

SINGAPORE: Brent crude oil rose on Monday after producer club OPEC and some non-affiliated suppliers last Friday agreed

Published 10 Dec, 2018 08:54am

Energy

China's November oil, gas imports set fresh monthly record

BEIJING: China's imports of crude oil hit a fresh monthly high in November, customs data showed on Saturday, beating the

Published 08 Dec, 2018 07:19am

Energy

Oil sinks as OPEC mulls Iran supply cut exemption, tries to get Russia on board

SINGAPORE: Oil prices fell on Friday as OPEC discussed a potential exemption from cutting output for Iran and as the pro

Published 07 Dec, 2018 08:12am

Energy

India to import Iranian oil using rupee payment mechanism

NEW DELHI: India will import crude oil from Iran using a rupee-based payment mechanism, an industry source told Reuters

Published 06 Dec, 2018 01:55pm

Energy

Middle East Crude-Prices hold steady, ADNOC cuts OSPs

SINGAPORE: The Middle East crude market was little changed on Thursday as traders waited for OPEC and Russia to decide w

Published 06 Dec, 2018 01:13pm

Energy

Asian refiners' profits slump as mild weather exacerbates oil products glut

oilSINGAPORE: Oil refiners' profits in Asia have slumped to the lowest in more than four years after refineries ramped u

Published 06 Dec, 2018 01:12pm

Energy

Oil prices sag on weak stock markets, but traders keep eye on OPEC meeting

SINGAPORE: Oil prices fell on Thursday as stock markets slid, but trading was tepid in the countdown to an OPEC-meeting

Published 06 Dec, 2018 08:31am

Energy

Oil prices ease in cautious trading ahead of OPEC meeting

SINGAPORE: Oil prices dipped on Thursday in tepid trading ahead of a meeting by producer group OPEC that is expected

Published 06 Dec, 2018 01:47am

Energy

Floating LNG cargoes in Asia find buyers as prices plunge

SINGAPORE: Several liquefied natural gas (LNG) cargoes that had been stored on vessels in Asian waters are now heading t

Published 05 Dec, 2018 03:39pm

Energy

BP plans to shut two Azeri oil platforms in 2019 for up to 15 days

BAKU: International energy group BP plans to shut two oil producing platforms in Azerbaijan for up to 15 days in 2019 fo

Published 05 Dec, 2018 02:12pm

Energy

Oil prices fall on global growth concerns, U.S. supply glut

SINGAPORE: Oil prices fell on Wednesday, pulled down by a U.S. supply glut and a drop in stock markets as China's govern

Published 05 Dec, 2018 08:08am

Energy

India's Bharat Petroleum seeks 3 LNG cargoes for next year via tender

LONDON: India's Bharat Petroleum is looking for three liquefied natural gas (LNG) cargoes for next year via tender, trad

Published 04 Dec, 2018 01:09pm

Energy

Middle East Crude-Benchmarks soften ahead of OSPs

SINGAPORE: Middle East crude benchmarks weakened on Tuesday ahead of monthly price announcements from producers. UAE:

Published 04 Dec, 2018 01:02pm

Energy

Equinor set to start talks with Tanzania over LNG project

OSLO: Norway's Equinor is ready to start talks with Tanzania over developing a liquefied natural gas (LNG) project based

Published 04 Dec, 2018 12:59pm

Energy

Physical trade activity holds firm but 380-cst cash premium slips

SINGAPORE: Weighed down by lower deal values, cash premiums of Asia's mainstay 380-cst high-sulphur fuel oil (HSFO) on

Published 04 Dec, 2018 12:57pm

Energy

Shell says production at Prelude FLNG to start at end-2018

SINGAPORE: Royal Dutch Shell expects production at its Prelude floating liquefied natural gas (LNG) unit to start at the

Published 04 Dec, 2018 12:52pm

Energy

Oil prices advance 1 pct on expectations of OPEC-led output cuts

SINGAPORE: Oil prices rose by more than 1 percent on Tuesday, extending bigger gains from the previous day amid expected

Published 04 Dec, 2018 09:07am

Energy

Middle East Crude-Benchmarks firm ahead of Saudi OSPs

SINGAPORE: The Middle East crude benchmarks kicked off a new month of trade on Monday with cash Dubai at a higher premiu

Published 03 Dec, 2018 11:52am

Energy

Oil prices surge more than 5pc on cut pledge, US-China deal

SINGAPORE: Oil prices soared more than five percent on Monday after Russia and Saudi Arabia renewed a pact to cap output

Updated 03 Dec, 2018 08:16am

Energy

Prices on downward spiral amid warm winter, high stocks

SINGAPORE: Asian spot prices for liquefied natural gas (LNG) continued their downward spiral this week, falling to a fou

Published 30 Nov, 2018 09:36am

Energy

Oil prices creep up on expected OPEC cuts, but U.S. supply growth caps gains

SINGAPORE: Oil prices firmed on Friday on expectations that OPEC and Russia will agree some form of production cuts next

Published 30 Nov, 2018 09:33am

Energy

Brent oil edges up on expected OPEC cuts; U.S. crude weaker amid swelling supply

SINGAPORE: Brent oil prices firmed on Friday on expectations that OPEC and Russia will agree some form of production cut

Published 30 Nov, 2018 08:25am

Energy

Oil prices dip on swelling US supply; OPEC output cuts loom

SINGAPORE: Oil prices slpped on Friday after the United States reported a 10th straight weekly gain in commercial cr

Published 30 Nov, 2018 01:47am

Energy

Oil jumps more than 1 pct on outage in North Sea, expected OPEC supply cuts

SINGAPORE: Oil prices rose by more than 1 percent on Wednesday, pushed up by a North Sea production outage and expectati

Published 28 Nov, 2018 08:42am

Energy

Asia-Pacific Crude-January Kimanis premium stays firm

SINGAPORE: Medium grades in the Asia-Pacific crude market held firm on Tuesday, supported by a narrow Brent-Dubai price

Published 27 Nov, 2018 11:48am

Energy

Middle East Crude-Oman, ESPO premiums fall on lower Chinese demand

SINGAPORE: The Middle East crude benchmarks fell on Tuesday with DME Oman's premium to Dubai swaps dropping to their low

Published 27 Nov, 2018 11:34am

Energy

Asia Distillates-Jet fuel cash discounts widen on weaker demand

SINGAPORE: Asia's cash differentials for jet fuel dipped on Tuesday on concerns that seasonal heating demand for the dis

Published 27 Nov, 2018 10:58am

Energy

Angola LNG offers cargo for Jan-Feb delivery

SINGAPORE/LONDON: Angola's liquefied natural gas (LNG) export plant has offered a cargo for delivery over January to Feb

Published 27 Nov, 2018 08:59am

Energy

Oil weighed down by record Saudi output; markets eye G20, OPEC meetings

SINGAPORE: Record Saudi oil production pulled down crude prices on Tuesday amid cautious trading ahead of the G20 ga

Published 27 Nov, 2018 01:54am

Energy

India's NSE, BSE indexes jump nearly 1pc

Indian shares rose about 1 percent on Monday in volatile trading, led by gains in index heavyweights HDFC Bank Ltd and c

Published 26 Nov, 2018 10:43am

Energy

Asia Fuel Oil-Weaker crude prices lifts 180-cst crack back to record high

SINGAPORE: Buoyed by a sharp drop in crude oil prices on Friday and ongoing signs of tightening supplies, the front-mont

Published 26 Nov, 2018 10:41am

Energy

Brent crude oil jumps back over $60 after 'Black Friday' plunge

SINGAPORE: Oil prices on Monday clawed back some losses from a nearly 8 percent plunge the previous session, with Brent

Published 26 Nov, 2018 07:38am

Energy

Oil hits 2018 lows on emerging supply glut, OPEC expected to cut

SINGAPORE: Oil prices slumped to 2018 lows on Friday in choppy trading, pulled down an emerging crude supply overhang am

Published 23 Nov, 2018 07:30am

Energy

US oil prices fall by more than 1 percent on concerns of oversupply

SINGAPORE: Oil prices fell on Friday, weighed down by concerns that producers are churning out more oil than the wor

Published 23 Nov, 2018 01:49am

Energy

Singapore fuel oil stocks jump, imports from Iraq hit record high

SINGAPORE: Singapore fuel oil inventories jumped 13 percent to a four-week high in the week ended Nov. 21, despite an 18

Published 22 Nov, 2018 10:23am

Energy

Asia Naphtha/Gasoline-Gasoline, naphtha cracks slip as inventories climb

SINGAPORE: Asia's gasoline and naphtha cracks slipped on Thursday as concerns of ample supplies and sluggish demand cont

Published 22 Nov, 2018 09:59am

Energy

Oil slips as US inventories swell, but OPEC may cut supply to avoid glut

SINGAPORE: Oil prices slipped on Thursday after US crude inventories swelled to their highest level since December 2017

Published 22 Nov, 2018 08:52am

Energy

Oil slips as U.S. inventories swell, but OPEC may cut supply to avoid glut

SINGAPORE: Oil prices slipped on Thursday after U.S. crude inventories swelled to their highest level since December 201

Published 22 Nov, 2018 05:58am

Energy

Singapore 180-cst fuel oil margin hits high on tight supply, drop in crude prices

SINGAPORE: The front-month Singapore 180-centistoke (cst) high-sulphur fuel oil refining margin hit a record high on Tue

Published 20 Nov, 2018 09:57am

Energy

Oil prices slip amid broad market sell-off that outweighs expected OPEC cuts

SINGAPORE: Oil fell on Tuesday, folding under the weight of a broad stock market sell-off that undercut support to price

Published 20 Nov, 2018 08:42am

Energy

Oil prices drop as broad market sell-off outweighs supply concerns

SINGAPORE: Oil markets lost steam on Tuesday as a deteriorating economic outlook and a surge in U.S. production outweigh

Published 20 Nov, 2018 07:15am

Energy

Malaysia gas exports severely hit by output disruption since Q2

KUALA LUMPUR: Malaysia's gas exports have been severely impacted since the second quarter of the year due to a suppl

Published 16 Nov, 2018 11:48am

Energy

India's GAIL might buy some wind energy assets of IL&FS

NEW DELHI: Gas utility GAIL (India) Ltd might be interested in buying some of the wind assets of debt-laden Infrastr

Published 16 Nov, 2018 11:26am

Energy

Oil rises on expected OPEC cuts, though surging U.S. supply still weighs

SINGAPORE: Oil prices rose on Friday amid expectations of supply cuts from OPEC, although record U.S. production dragged

Published 16 Nov, 2018 08:04am

Energy

Oil prices stabilise, but supply glut concerns weigh on sentiment

SINGAPORE: Oil prices stabilised on Thursday, reversing earlier declines, but market sentiment remained cautious ove

Published 15 Nov, 2018 01:02pm

Energy

Oil prices stabilise, but supply glut concerns weigh on sentiment

SINGAPORE: prices stabilized on Thursday, reversing earlier declines, but market sentiment remained cautious over concer

Published 15 Nov, 2018 08:08am

Energy

Oil extends 7 pct slide as outlook darkens

SINGAPORE: Oil markets fell again on Wednesday, extending losses from a 7 percent plunge the previous session as surging

Published 14 Nov, 2018 09:08am

Energy

Crude oil extends steep dive, stocks fall on growth fears

TOKYO: Oil prices extended a steep slide on Wednesday on the back of worries about weakening world demand and oversupply

Published 14 Nov, 2018 08:22am

Energy

Oil prices slip around 1 pct after Trump urges OPEC not to cut supply

SINGAPORE: Oil prices fell by around 1 percent on Tuesday, with Brent crude slipping below $70 per barrel and WTI below

Published 13 Nov, 2018 08:33am

Energy

Oil prices jump after Saudi Arabia announces December supply cut

SINGAPORE: Oil prices jumped more than 1.5 percent on Monday after top exporter Saudi Arabia announced a supply cut

Published 12 Nov, 2018 01:20pm

Energy

Asia-Pacific Crude-Papua New Guinea light crude exports to fall in January

SINGAPORE: The Asia-Pacific crude market held steady on Monday as loading programmes from Australia and Papua New Gu

Published 12 Nov, 2018 12:14pm

Energy

Oil in bear market as supply rises, demand outlook weakens

SINGAPORE: Oil stabilized on Friday after spending most of the week sliding, but markets remained weak as rising supply

Published 09 Nov, 2018 09:22am

Energy

Oil rises as China reports record crude imports, but soaring US output keeps market in check

SINGAPORE: Oil prices rose on Thursday after record Chinese crude imports eased concerns that a slowdown in the world's

Published 08 Nov, 2018 09:11am

Energy

Taiwan's waiver on Iran oil shows good ties with US

TAIPEI: A waiver exempting Taiwan from sanctions on Iranian oil imposed by the United States reflects Taipei's effor

Published 06 Nov, 2018 12:06pm

Energy

Japan crude oil buyers expected to restart Iran imports: trade minister

TOKYO: Japanese buyers of Iranian crude oil are expected to prepare to resume imports from the Middle Eastern nation

Published 06 Nov, 2018 11:00am

Energy

Oil prices fall on Iran sanction exemptions, economic concerns

SINGAPORE: Oil prices fell on Tuesday, weighed down by sanction exemptions from Washington that will allow Iran's bi

Updated 06 Nov, 2018 11:01am

Energy

Oil prices fall as U.S. grants Iran sanction waivers to major importers

SINGAPORE: Oil prices fell on Monday as the start to U.S. sanctions against Iran's fuel exports was softened by waivers

Published 05 Nov, 2018 08:41am

Energy

Oil prices pulled down by surging output, but Iran sanctions loom

SINGAPORE: Oil prices fell on Friday as surging output by the world's three largest producers outweighed supply concerns

Published 02 Nov, 2018 08:43am

Energy

China's Iranian crude imports fall 34 percent in Sept

BEIJING: China's crude oil imports from Iran in September fell sharply from the same month last year, a sign that Ch

Published 01 Nov, 2018 11:23am

Energy

Middle East Crude-Benchmarks down; spot cargoes trade in discounts

SINGAPORE: Middle East crude benchmarks dropped for a second session on Tuesday, while spot trades remained mired in

Published 23 Oct, 2018 11:48am

Energy

Gold falters as rising dollar dents appeal

BENGALURU: Gold prices slipped on Monday, pressured by a rallying dollar and the metal's failure to break above a key te

Published 22 Oct, 2018 08:01pm

Energy

Middle East Crude-Benchmarks ease despite Shell's purchases

SINGAPORE: The Middle East crude benchmarks eased on Monday despite robust demand from Shell on window. Outside t

Published 22 Oct, 2018 01:26pm

Energy

Japan Sept crude steel output falls 2.4pc yr/yr on natural disasters

TOKYO: Japan's crude steel output fell 2.4 percent in September from a year earlier to 8.42 million tonnes, the Japa

Published 22 Oct, 2018 12:01pm

Energy

Brent oil rises back above $80 as Iran sanctions loom

SINGAPORE: Brent crude oil prices rose back above $80 a barrel on Monday as markets were expected to tighten once U.S. s

Published 22 Oct, 2018 08:19am

Energy

GLOBAL LNG-Asian spot prices fall for 4th week on new Australian supply

SINGAPORE: Asian spot prices for liquefied natural gas dropped for a fourth week in a row, trading at their lowest in tw

Published 19 Oct, 2018 11:56am

Energy

Oil prices inch up on surprise drawdown in US crude stockpiles

TOKYO: Oil prices extended gains into a fourth session on Wednesday, buoyed as industry data showed a surprise decline i

Updated 19 Oct, 2018 11:27am

Energy

US oil may edge up to $72.95

SINGAPORE: US oil may edge up to a resistance at $72.95 per barrel, to complete a bounce from the Oct. 11 low of $70.51.

Published 17 Oct, 2018 01:02pm

Energy

Asia-Pacific Crude-Malaysian to load 10 Kimanis cargoes in Dec

SINGAPORE: The Asia-Pacific crude oil market remained firm on Wednesday with Malaysia expected to load slightly lowe

Published 17 Oct, 2018 11:55am

Energy

Saudi Arabia has assured OPEC there will be no crude shortage: OPEC chief

NEW DELHI: Saudi Arabia has assured OPEC that it is "committed, capable and willing" to ensure there will be no shortage

Updated 19 Oct, 2018 11:27am

Energy

OPEC says India oil demand to rise by 5.8mn bpd by 2040

NEW DELHI: India's oil demand is expected to rise by 5.8 million barrels per day (bpd) by 2040, accounting for about 40

Published 16 Oct, 2018 01:18pm

Energy

Oil prices dip amid expectations of higher US inventories

SEOUL: Oil prices dipped on Tuesday amid expectations of an increase in US crude inventories, but signs of a fall in Ira

Published 16 Oct, 2018 01:17pm

Energy

Azerbaijan's Jan-Sept oil exports via Turkey pipeline down 0.4pc y/y

BAKU: Azeri oil exports through the Baku-Tbilisi-Ceyhan (BTC) pipeline via Georgia and Turkey declined by 0.4 percent to

Published 16 Oct, 2018 01:13pm

Energy

Oil prices rise on signs of falling Iranian oil exports

SEOUL: Oil prices rose on Tuesday on signs of falling Iran oil exports ahead of U.S. sanctions against Tehran in Novembe

Published 16 Oct, 2018 08:25am

Energy

Brent oil may retest resistance at $82.10

SINGAPORE: Brent oil may retest a resistance at $82.10 per barrel, a break above which could lead to a gain to the next

Published 16 Oct, 2018 08:08am

Energy

BP criticises price controls, days after India cuts cost of fuel

NEW DELHI: Global oil major BP said on Monday fuel price controls were "not good", days after India asked state-run

Published 15 Oct, 2018 07:49pm

Energy

India's oil imports surge to $10.91bn in September

MUMBAI: India's crude oil imports in September touched $10.91 billion, up 33.6 percent from a year ago, Indian gover

Published 15 Oct, 2018 07:14pm

Energy

Middle East Crude-Benchmarks down for third day; 2019 Oman premiums rise

SINGAPORE: The Middle East crude benchmarks were down for a third session on Friday as the outlook for supplies improved

Published 12 Oct, 2018 12:28pm

Energy

India's oil imports from Iran edged up in September due to loading delays

NEW DELHI: India's oil imports from Iran edged up in September from the previous month as refiners pushed back loadi

Published 11 Oct, 2018 09:27pm

Energy

Brent oil may fall more to $80.46

SINGAPORE: Brent oil may fall more to $80.46 per barrel, as it has broken a support at $82.86. The support is identif

Published 11 Oct, 2018 12:11pm

Energy

Sri Lanka raises gasoline price, no change to diesel to stem inflation

COLOMBO: Sri Lanka said its fuel retailers raised gasoline prices for a fourth time in five months on Wednesday due to a

Published 11 Oct, 2018 11:54am

Energy

Asia-Pacific Crude-Malaysia raises Oct crude price factor

SINGAPORE: The Asia-Pacific crude oil market remained firm on Thursday with Malaysia raising the crude price factor for

Published 11 Oct, 2018 10:54am

Energy

Oil prices dip as IMF lowers global growth outlook; eyes on US hurricane

TOKYO: Oil prices edged down on Wednesday after the IMF lowered its global growth forecasts, but markets were supported

Published 10 Oct, 2018 12:43pm

Energy

Asia-Pacific Crude-Vietnam offers December cargoes

SINGAPORE: The Asia-Pacific crude oil market remained firm on Wednesday with Vietnam offering its first December cargoes

Published 10 Oct, 2018 11:37am

Energy

Saudi Arabia to supply about 4mn bbls of extra oil to India in Nov

SINGAPORE/NEW DELHI: Saudi Arabia, the world's biggest oil exporter, will supply Indian oil buyers with an additional 4

Published 10 Oct, 2018 11:29am

Energy

Oil prices dip as IMF lowers global growth outlook; eyes on U.S. hurricane

TOKYO: Oil prices edged down on Wednesday after the IMF lowered its global growth forecasts, but markets were supported

Published 10 Oct, 2018 08:28am

Energy

Middle East Crude-Benchmarks stay firm; Japan buys 2 Dubai cargoes

SINGAPORE: The Middle East crude benchmarks stayed firm on Tuesday supported by robust winter demand in Asia and as Iran

Published 09 Oct, 2018 01:05pm

Energy

Diesel crack may hit $40/bbl by 2020 with new shipping rules

SINGAPORE: Gasoil refining margins could spike to $40 a barrel in 2020 as more shippers shift to middle distillate fuels

Published 09 Oct, 2018 11:07am

Energy

CNOOC to expand Jiangsu Binhai LNG project

BEIJING: China's CNOOC plans to expand its LNG project in eastern Jiangsu province to meet rising demand from more regio

Published 08 Oct, 2018 11:57am

Energy

Oil drops as US considers granting some countries waivers on Iran sanctions

SINGAPORE: Oil prices fell on Monday after Washington said it may grant waivers to sanctions against Iran's oil exports

Published 08 Oct, 2018 11:51am

Energy

GLOBAL LNG-Asian prices dip amid healthy supply

SINGAPORE: Asian spot liquefied natural gas (LNG) prices eased slightly over the past week as healthy supplies going int

Published 05 Oct, 2018 01:46pm

Energy

India to buy 9mn barrels of Iranian oil in Nov

NEW DELHI: India will buy 9 million barrels of Iranian oil in November, an industry source told Reuters, indicating that

Published 05 Oct, 2018 11:56am

Energy

Asia-Pacific Crude-Pertamina seeks condensate for December

SINGAPORE: The Asia-Pacific crude oil market was steady on Thursday ahead of loading programmes to be release for cargoe

Published 04 Oct, 2018 01:24pm

Energy

India cuts gasoline, diesel prices to offset oil rise, rupee losses

NEW DELHI: India cut the retail prices of gasoline and diesel fuel by 2.50 rupees ($0.034) per litre, Finance Minister A

Published 04 Oct, 2018 01:08pm

Energy

Indonesia hikes Sept Minas crude oil price to $75.38/bbl

SINGAPORE: Indonesia has set the official Indonesian Crude Price (ICP) for Minas crude oil at $75.38 a barrel for Septem

Published 03 Oct, 2018 11:29am

Energy

Asia-Pacific Crude-Indonesia hikes crude price for Sept

SINGAPORE: The Asia-Pacific crude oil market remained firm on Wednesday with the few remaining cargoes for loading in No

Published 03 Oct, 2018 10:54am

Energy

U.S. crude oil shipments to China "totally stopped" amid trade war

HONG KONG: U.S. crude oil shipments to China have "totally stopped", the President of China Merchants Energy Shipping Co

Published 03 Oct, 2018 08:04am

Energy

Dubai crude September average price rises

SINGAPORE: Dubai crude, as quoted by price-reporting agency Platts, averaged $77.247 a barrel for September, up from the

Published 02 Oct, 2018 10:16am

Energy

Oil near 4-year high as Washington's Iran sanctions loom

SINGAPORE: Oil markets were firm on Tuesday, with Brent crude holding near four-year highs reached the previous day as m

Published 02 Oct, 2018 10:04am

Energy

Oil extends gains, eyes on $100 a barrel, but Asia markets down

HONG KONG: Oil prices built on gains Tuesday after another blistering rally but most markets were in retreat as traders

Published 02 Oct, 2018 09:13am

Energy

Oman crude OSP rises to $78.72/bbl for November

SINGAPORE: The official selling price (OSP) for Oman crude in November will rise by $6.08 to $78.72 a barrel, Reuters ca

Published 28 Sep, 2018 11:24am

Energy

Vietnam Sept crude oil output seen down 14.2 pct y/y to 910,000 T

HANOI: Vietnam's crude oil output in September is estimated at 910,000 tonnes, dropping 14.2 percent from a year ago, t

Published 28 Sep, 2018 11:20am

Energy

Brent oil trades near 4-year high, but US crude retreats

TOKYO: Brent crude was trading around its highest in nearly four years on Wednesday, while US crude futures fell as Wash

Published 26 Sep, 2018 01:51pm

Energy

UAE's ADNOC to export new crude oil grade in Nov

SINGAPORE/DUBAI: The Abu Dhabi National Oil Company (ADNOC) plans to export a new crude grade in November and started ma

Published 26 Sep, 2018 01:48pm

Energy

Asia Fuel Oil-Arbitrage spread climbs to near 2-year high

SINGAPORE: The second-month East-West (EW) arbitrage spread was trading at a near two-year high on Wednesday as expectat

Published 26 Sep, 2018 12:07pm

Energy

OPEC will balance oil markets, but there's limit to spare capacity

SINGAPORE: The Organization of the Petroleum Exporting Countries (OPEC) will act to balance the market after oil prices

Published 26 Sep, 2018 11:52am

Energy

Asia-Pacific Crude-Remains steady on firm demand

SINGAPORE: The Asia Pacific crude oil market remained firm on Wednesday on still high profit margins for refining middle

Published 26 Sep, 2018 11:21am

Energy

Middle East Crude-Oman jumps to multi-year high

SINGAPORE: The Middle East crude market was mixed on Tuesday as DME Oman's premium to swaps soared to a multi-year high

Published 25 Sep, 2018 11:46am

Energy

Chevron and PTTEP to face off in Thai petroleum auction

BANGKOK: Chevron Corp and Thailand's PTT Exploration and Production Pcl (PTTEP) will compete in the auction of Bongkot a

Published 25 Sep, 2018 11:40am

Energy

Asia-Pacific Crude-Demand for crude remains firm ahead of sanctions

SINGAPORE: Demand for Asia-Pacific crude oil remained firm on Tuesday ahead of the imposition of US sanctions on Iran wh

Published 25 Sep, 2018 11:35am

Energy

Petronas-Saudi RAPID refinery offloads first oil cargo

SINGAPORE: A supertanker carrying the first crude oil cargo to a refinery being jointly built by Malaysia's Petronas and

Published 24 Sep, 2018 03:43pm

Energy

Asia-Pacific Crude-Firm on higher demand, expectation of lower Iran supply

SINGAPORE: The Asia Pacific crude oil market remained strong on Monday on the back of firm demand and expectation of low

Published 24 Sep, 2018 01:17pm

Energy

China's crude oil futures attract worldwide participation

SHANGHAI: China's crude oil futures, the first futures variety on the Chinese mainland open to overseas investment,

Published 19 Sep, 2018 12:44pm

Energy

Oil prices fall as US-China trade war clouds demand outlook

BEIJING/SINGAPORE: Oil markets slipped on Tuesday as the latest escalation in the Sino-U.S. trade war clouded the ou

Published 18 Sep, 2018 10:20am

Energy

S.Korean Aug imports of Iran oil fall to lowest since Dec 2015

SEOUL: South Korea's Iranian crude oil imports fell in August to their lowest since December 2015, as buyers cut pur

Published 15 Sep, 2018 01:23pm

Energy

South Korea's Iran crude imports for August down 85pc y/y

SEOUL: South Korea imported 232,723 tonnes of crude oil from Iran in August, down 85 percent from a year ago, preliminar

Published 14 Sep, 2018 08:30pm

Energy

China's Sinopec plans to build Canadian oil refinery

WINNIPEG: China's Sinopec Corp has joined a group planning to build an oil refinery in Alberta, the project's consultant

Published 14 Sep, 2018 07:44pm

Energy

Iran says oil market is too tight for US zero exports target

LONDON: The US will find it difficult to cut Iran's oil exports completely as the oil market is already tight and ri

Published 14 Sep, 2018 02:36pm

Energy

Tokyo stocks close higher after Wall St gains

TOKYO: Tokyo stocks closed higher on Friday, backed by a weaker yen and gains on Wall Street, as traders took comfort in

Published 14 Sep, 2018 07:07am

Energy

Oil dips on rising US supply, but looming Iran sanctions prevent bigger fall

SINGAPORE: Oil prices dipped on Wednesday, pulled down by a reported rise in U.S. crude inventories, although fallin

Published 29 Aug, 2018 11:42am

Energy

Sinopec forecasts second-half fuel sales drop after surge in H1 profit

BEIJING: China Petroleum & Chemical Corp , the country's largest refiner, said on Sunday that it expects fuel sales

Published 26 Aug, 2018 07:58pm

Energy

Oil firm on tighter US outlook, but strategic reserve release caps market

SINGAPORE: Oil prices held firm on Tuesday, with U.S. fuel markets seen to be tightening, although the release of cr

Published 21 Aug, 2018 12:40pm

Energy

Oct Mideast light crude oil sell at widest discounts since 2015

SINGAPORE: Middle East light crude oil cargoes loading in October have sold in Asia at the widest discounts since 2015 a

Published 17 Aug, 2018 01:57pm

Energy

Malaysia's Petronas acquires 30pc equity in Senegal oil, gas block

KUALA LUMPUR: Malaysian oil and gas company Petroliam Nasional Bhd (Petronas) said on Monday it has acquired a 30 percen

Published 13 Aug, 2018 01:44pm

Energy

Kutubu Light supplies to remain steady

SINGAPORE: The Asia Pacific crude oil market remained steady on Monday with supplies from Papau New Guinea expected to b

Published 13 Aug, 2018 01:34pm

Energy

Oil dips as emerging market woes dim demand outlook; Iran sanctions offer support

SINGAPORE: Oil prices dipped on Monday as rising trade tensions and economic woes in emerging markets dented the outlook

Published 13 Aug, 2018 12:16pm

Energy

Japan spot LNG contract price hits 5-month high in July

TOKYO: The average contract price for spot liquefied natural gas (LNG) cargoes for shipment to Japan last month hit a fi

Published 09 Aug, 2018 02:22pm

Energy

Indian Oil buys US crude to part replace Iran cargoes

NEW DELHI: Indian Oil Corp has bought 6 million barrels of US crude for delivery in November to January, a company offic

Published 08 Aug, 2018 01:17pm

Energy

Oil steady as concerns over Iran sanctions offset weak Chinese imports

SINGAPORE/LONDON: Oil prices steadied on Wednesday despite relatively weak Chinese import data as the market remained su

Published 08 Aug, 2018 01:07pm

Energy

Exxon Mobil's Papua New Guinea LNG export plant offers cargo for Sept

SINGAPORE: Exxon Mobil's Papua New Guinea liquefied natural gas (LNG) export plant has offered a cargo for delivery in S

Published 07 Aug, 2018 01:11pm

Energy

Middle East Crude-Dubai climbs as trade activity picks up

SINGAPORE: Middle East crude benchmark Dubai rose for a fourth straight session on Tuesday on the back of active trading

Published 07 Aug, 2018 01:08pm

Energy

Sri Lanka's Ceylon Petroleum seeks alternative to Murban crude for Oct

SINGAPORE: Sri Lanka's Ceylon Petroleum Corp is seeking to buy an alternative to its usual purchases of Murban crude oil

Published 07 Aug, 2018 12:14pm

Energy

Asia-Pacific Crude-Narrow Brent-Dubai EFS makes regional grades more attractive

SINGAPORE: The Asia Pacific crude oil market remained steady on Tuesday as a narrow Brent-Dubai price spread is expected

Published 07 Aug, 2018 10:56am

Energy

Qatar cuts July crude oil official selling prices to Asia

SINGAPORE: Qatar has set the July retroactive official selling price (OSP) for its Marine crude at $73.55 per barrel, do

Published 06 Aug, 2018 11:47am

Energy

Middle East Crude-Abu Dhabi, Qatar cut July OSPs for crude grades

SINGAPORE: Middle East crude benchmark Dubai rose for a third session on Monday, while DME Oman's premium to Dubai swaps

Published 06 Aug, 2018 11:24am

Energy

Jet fuel time spread climbs to near 1-month high

SINGAPORE: Asia's prompt month time spread climbed to a near one-month high on Monday, supported by firm seasonal demand

Published 06 Aug, 2018 11:04am

Energy

Indonesia raises July Minas crude oil price to $72.05/bbl

SINGAPORE: Indonesia has set the official Indonesian Crude Price (ICP) for Minas crude oil at $72.05 a barrel for July,

Published 03 Aug, 2018 12:37pm

Energy

Asia Fuel Oil-Time spread steady, Singapore inventories lowest since 2009

SINGAPORE: Asia's 380-cst prompt time spread was steady on Thursday, hovering near a three-year high hit earlier in the

Published 02 Aug, 2018 03:18pm

Energy

Malaysia's Petronas delivers first LNG cargo to Japan's Hokkaido Electric

KUALA LUMPUR: Malaysian state-owned oil company Petroliam Nasional Bhd (Petronas) said on Thursday it had delivered its

Published 02 Aug, 2018 03:13pm

Energy

Saudi Arabia cuts Sept crude oil prices to Asia

SINGAPORE: Saudi Aramco has cut the September price for its Arab Light crude grade for Asian customers by $0.70 a barrel

Published 02 Aug, 2018 03:05pm

Energy

Rosneft's India venture Nayara rejigs debt to cut interest costs

MUMBAI/NEW DELHI: Russian oil company Rosneft's Indian venture Nayara Energy, which owns one of the largest refineries i

Published 02 Aug, 2018 02:20pm

Energy

Malaysia lowers official selling price for July

SINGAPORE: The Asia-Pacific crude oil market remained steady on Wednesday as most of September-loading barrels have been

Published 01 Aug, 2018 01:25pm

Energy

China cuts transaction fees, margin requirement for Shanghai crude oil futures

BEIJING: Shanghai International Energy Exchange (INE) lowered the margin requirement for January crude contracts to 6 pe

Published 01 Aug, 2018 01:14pm

Energy

Malaysia's Petronas appoints industry veteran as chairman

KUALA LUMPUR: Malaysia has appointed Ahmad Nizam Salleh as the new chairman of state-owned oil company Petroliam Nasiona

Published 01 Aug, 2018 12:39pm

Energy

China CNOOC's new Shenzhen terminal receives first LNG cargo

BEIJING: China National Offshore Oil Company (CNOOC) started operating a new import facility in southern China for lique

Published 01 Aug, 2018 12:31pm

Energy

Asia's June Iran oil imports hit seven-month low

TOKYO: Imports of Iranian crude oil by major buyers in Asia fell to a seven-month low in June, as South Korea lowered im

Published 31 Jul, 2018 10:47am

Energy

Asia-Pacific Crude-Sept-loading cargoes mostly sold

SINGAPORE: The Asia-Pacific crude market was little changed on Tuesday as most of the September-loading cargoes have bee

Published 31 Jul, 2018 10:42am

Energy

Japan's crude imports tumble to 50-year low for month of June

TOKYO: Japan's crude oil imports last month fell 14.7 percent from a year earlier to 2.4 million barrels per day (bpd),

Published 31 Jul, 2018 10:35am

Energy

Asia-Pacific Crude-Steady; more Sept cargoes sold

SINGAPORE: The Asia-Pacific crude market held steady on Monday with more September-loading cargoes being sold via tender

Published 30 Jul, 2018 10:09am

Energy

Vietnam July crude oil output 990,000 tonnes, down 14.7pc y/y

HANOI: Vietnam's crude oil output in July fell 14.7 percent from a year earlier to 990,000 metric tonnes, government dat

Published 29 Jul, 2018 12:06pm

Energy

China's Sinopec expects best quarter in years boosted by oil revival

BEIJING: China Petroleum and Chemical Corp expects to report its best quarter since 2013, based on Reuters calculations

Published 24 Jul, 2018 01:31pm

Energy

Asia Naphtha/Gasoline-Cracks firm; China supplies still high

SINGAPORE: Asia's naphtha crack rose for a second straight session and was near a two-month high of $105.88 a tonne on s

Published 23 Jul, 2018 11:41am

Energy

LNG-Prices slide as demand retreats in Japan, China, South Korea

Asian spot liquefied natural gas (LNG) prices softened for another week as the focus of purchasing activity switched

Published 20 Jul, 2018 08:02pm

Energy

Asia-Pacific Crude-Regionals supported by demand, weaker Brent

SINGAPORE: The Asia-Pacific crude market remained supported by firm demand on Thursday while spot premiums for Septe

Published 19 Jul, 2018 12:05pm

Energy

Tokyo stocks snap four-day winning streak

Tokyo: Tokyo stocks edged down on Thursday, snapping a four-day winning streak, as investors locked in profits. The b

Published 19 Jul, 2018 07:28am

Energy

Middle East Crude-Ample supplies, narrower Brent-Dubai weigh

SINGAPORE: Middle East crude benchmarks were little changed on Tuesday but ample supplies and a narrower Brent-Dubai

Published 17 Jul, 2018 12:09pm

Energy

Bangladesh signs deal with General Electric, Mitsubishi to invest $3bn in energy

DHAKA: General Electric and Mitsubishi Corporation are forming a joint venture with a Bangladesh private power firm

Published 11 Jul, 2018 02:42pm

Energy

India cuts Iranian oil imports in June ahead of US sanctions

NEW DELHI: Indian refiners cut imports of Iranian oil last month as they started weaning their plants off crude from

Published 11 Jul, 2018 01:18pm

Energy

Oil rises to $79 a barrel on Norway strike, Libyan disruption

TOKYO/LONDON: Oil prices rose by over 1 percent towards $79 per barrel on Tuesday due to growing supply outages, wit

Published 10 Jul, 2018 03:35pm

Energy

Asian refiners buying more oil from outside Iran after US sanctions - KPC CEO

BEIJING: Asian refiners have increased oil buying from Saudi Arabia, Kuwait, the United Arab Emirates and Iraq after the

Published 09 Jul, 2018 07:47pm

Energy

Middle East Crude-Benchmarks steady; S. Korea reduces Iran imports

SINGAPORE: Middle East crude benchmarks were little changed on Tuesday as traders awaited official selling prices fr

Published 03 Jul, 2018 12:32pm

Energy

Yancoal Australia applies for dual listing in Hong Kong

Coal-miner Yancoal Australia Ltd said on Monday it applied to list on the Hong Kong Stock Exchange (HKEX) before the end

Published 01 Jul, 2018 10:49pm

Energy

India preparing for cut in oil imports from Iran

NEW DELHI: India's oil ministry has asked refiners to prepare for a 'drastic reduction or zero' imports of Iranian o

Published 28 Jun, 2018 01:09pm

Energy

Trade fears stalk Asian dealers but oil surge lifts energy firms

HONG KONG: Trade war worries again permeated markets across Asia on Thursday, with mixed signals from the White House fu

Published 28 Jun, 2018 08:20am

Energy

Middle East Crude-Benchmarks steady; medium-sour grades weaken

SINGAPORE: Middle East crude benchmarks held steady on firm demand from Shell, but spot discounts for medium grades

Published 26 Jun, 2018 12:15pm

Energy

Hong Kong stocks down at the open

Hong Kong: Hong Kong stocks fell in opening trade on Tuesday, tracking sharp losses on Wall Street as investors grow inc

Published 26 Jun, 2018 08:11am

Energy

Spain's Repsol hires tanker for Iran's Pars oil as sanctions loom

NEW DELHI: Spain's Repsol has hired Malta-flagged suezmax Mabrouk to ship the first export parcel of Pars oil produced f

Published 19 Jun, 2018 03:46pm

Energy

Oil gains expected to drive up producer prices

SEOUL: A rally in crude oil prices is expected to drive up producer prices in South Korea, particularly for the petroche

Published 10 Jun, 2018 04:04pm

Energy

Saudi Aramco agrees gasoline term with Pertamina for the first time

SINGAPORE: Saudi Aramco has agreed a term contract with Indonesia's Pertamina for the first time to supply gasoline over

Published 06 Jun, 2018 03:40pm

Energy

Asian LNG prices rally to four-year seasonal high as demand soars

SINGAPORE: Asian liquefied natural gas (LNG) prices have risen to their highest since 2014 for this time of the year as

Published 05 Jun, 2018 12:13pm

Energy

Middle East Crude-Dubai gains, ADNOC raises prices

SINGAPORE: Middle East crude benchmark Dubai's premium to swaps rose on Tuesday following increased trade activity on wi

Published 05 Jun, 2018 12:09pm

Energy

Asia Distillates-Jet fuel margins edge up, cash discounts narrow

BENGALURU: Asian refining margins for jet fuel inched higher on Tuesday after falling to the lowest in more than two mon

Published 05 Jun, 2018 12:01pm

Energy

Iran sells first cargo of West Karoun oil to Spain's Repsol

NEW DELHI/ANKARA: Iran has awarded its first cargo of West Karoun oil to Spain's Repsol, two sources familiar with the m

Published 04 Jun, 2018 12:42pm

Energy

Asia Naphtha/Gasoline-Naphtha firms, gasoline on downward spiral

SINGAPORE: Asia's naphtha crack recovered to a two-session high of $94.82 a tonne on Monday after dipping to its lowest

Published 04 Jun, 2018 12:36pm

Energy

India BPCL seeks extra Iran oil amid sanctions threat

NEW DELHI: Indian state refiner Bharat Petroleum Corp has requested an extra one million barrels of oil from the Nationa

Published 01 Jun, 2018 03:26pm

Energy

Asia Fuel Oil-Crack, arbitrage spread firm on tight supply outlook

SINGAPORE: The front-month fuel oil crack and East-West (EW) arbitrage spread firmed on Monday, boosted by a tight near-

Published 28 May, 2018 12:22pm

Energy

Asia Distillates-Jet slips on ample supply, gasoil cash premiums lower

SINGAPORE: Asia's jet fuel market slipped on Monday as concerns over ample near-term supplies weighed on cash premiums a

Published 28 May, 2018 11:58am

Energy

Asia energy firms dive with oil, Trump-Kim hopes provide optimism

HONG KONG: Energy firms plunged with oil prices in Asia Monday after Saudi Arabia and Russia signalled they could lift o

Published 28 May, 2018 09:22am

Energy

GLOBAL LNG-Prices firm on Chinese, South Korean demand

SINGAPORE/LONDON: Asian spot liquefied natural gas (LNG) prices breached the $$9 per million British thermal unit (mmBtu

Published 25 May, 2018 12:39pm

Energy

July Brent crude's premium to Dubai crude falls to two-month low

SINGAPORE: Brent crude oil's premium to Dubai crude fell to the lowest in more than two months after the international b

Published 25 May, 2018 12:35pm

Energy

Asia Fuel Oil-Crack trims losses as crude tumbles

SINGAPORE: Discounts for the front-month 380-cst fuel oil crack to Brent crude narrowed amid weaker crude oil prices on

Published 25 May, 2018 12:31pm

Energy

Middle East Crude-Benchmarks edge down; Total offers Abu Dhabi cargoes

SINGAPORE: Middle East crude benchmarks edged down on Friday while Brent crude oil's premium to Dubai fell to the lowest

Published 25 May, 2018 12:28pm

Energy

Asia Naphtha/Gasoline-Naphtha premiums stay high on supply crunch

SINGAPORE: Asia's naphtha stayed firm on tight supplies as reflected in this week's spot deals where premiums were highe

Published 25 May, 2018 12:27pm

Energy

India ONGC awards tender to sell Brazil's Ostra oil to Shell

NEW DELHI/SINGAPORE: India's top explorer Oil and Natural Gas Corp has awarded its first mini-term tender to sell Brazil

Published 25 May, 2018 12:19pm

Energy

Asia Distillates-Gasoil market steady amid supportive fundamentals

SINGAPORE: Asia's gasoil market held steady on Friday with time spreads, refining margins and cash premiums little chang

Published 25 May, 2018 12:10pm

Energy

India's petrol, diesel prices surge to record

NEW DELHI: Pump prices of petrol and diesel in India surged to a record high on Thursday, raising pressure on the govern

Published 24 May, 2018 11:54am

Energy

Middle East Crude-Light grades under pressure

SINGAPORE: Russian and Middle East light grades came under pressure on Thursday, faced with competition from rising arbi

Published 24 May, 2018 11:45am

Energy

Asia Naphtha/Gasoline-Indian naphtha premiums near four-year high

SINGAPORE: Asia's naphtha crack was at a two-session high of $114.80 a tonne on Thursday, only 0.6 percent shy of a 5-1/

Published 24 May, 2018 11:39am

Energy

Thailand to use fuel subsidy to help consumers as global oil price rises

BANGKOK: Thailand will use a state oil fund to support domestic retail fuel prices to help consumers cope with rising gl

Published 22 May, 2018 03:18pm

Energy

Angola LNG offers cargo for July delivery

SINGAPORE: Angola's sole liquefied natural gas (LNG) project has offered a cargo for delivery in early to mid July, two

Published 21 May, 2018 03:06pm

Energy

Asia Naphtha/Gasoline-Cracks gain; S-Oil shuts lubricant unit

SINGAPORE: Asia's naphtha crack rose for a third straight session to reach $112.38 a tonne on Monday, the highest since

Published 21 May, 2018 02:40pm

Energy

As Rosneft's Vietnam unit drills in disputed area of South China Sea, Beijing issues warning

HANOI: Rosneft Vietnam BV, a unit of Russian state oil firm Rosneft, is concerned that its recent drilling in an area of

Published 17 May, 2018 12:04pm

Energy

BP says its Azeri oil output rises to 597,000 bpd in Q1

BAKU: BP said on Thursday that its oil output at its projects in Azerbaijan rose to 597,000 barrels per day (bpd) in the

Published 17 May, 2018 12:00pm

Energy

Middle East Crude-Benchmarks extend gains; light grades weaken

SINGAPORE: The Middle East crude benchmarks extended gains on Thursday, showing price strength in medium-heavy grades, a

Published 17 May, 2018 11:50am

Energy

Asia Naphtha/Gasoline-Gasoline at 3-1/2 month high amid Indonesian spot demand

SINGAPORE: Asia's gasoline crack hit a 3-1/2 month high of $9.86 a barrel on Thursday, driven by demand as Indonesia was

Published 17 May, 2018 11:46am

Energy

Asia-Pacific Crude-Malaysia's Kimanis supply to increase in July

SINGAPORE: The Asia-Pacific crude market remained steady with more cargoes of Malaysia's Kimanis crude expected to enter

Published 16 May, 2018 09:47am

Energy

Japan's Fuji Oil buys 1.5mn barrels July-loading Murban crude

SINGAPORE: Japanese refiner Fuji Oil has bought three 500,000-barrel cargoes of July-loading Murban at premiums of 20 ce

Published 16 May, 2018 09:45am

Energy

Oil dips on signs of ample supply despite OPEC cuts, Iran sanctions

SINGAPORE: Oil prices fell on Wednesday, weighed down by ample supplies despite ongoing output cuts by producer cart

Published 16 May, 2018 01:51am

Energy

Asia Naphtha/Gasoline-Naphtha slips but gasoline gains

SINGAPORE: Asia's naphtha crack slipped to $108.35 a tonne on Monday after reaching $109.40 on Friday, its highest since

Published 14 May, 2018 11:03am

Energy

ADNOC trims July 2018 to June 2019 naphtha offers for second time

SINGAPORE: Abu Dhabi National Oil Co (ADNOC) has cut offers for naphtha scheduled for July 2018 to June 2019 for a secon

Published 09 May, 2018 01:22pm

Energy

Condensate steady amid lower demand

SINGAPORE: The Asia-Pacific crude oil market remained steady on Tuesday with a July-loading North West Shelf condensate

Published 08 May, 2018 02:49pm

Energy

GAIL sells 90pc of 2018/19 US LNG volumes through swaps

MUMBAI: India's Gail Ltd's executive says the company has sold 90 percent of US liquefied natural gas (LNG) volumes thro

Published 08 May, 2018 01:27pm

Energy

Asia Distillates-Jet fuel cash premiums dip

SINGAPORE: Asia's cash differentials for jet fuel slipped on Tuesday, while the prompt month spread narrowed its backwar

Published 08 May, 2018 01:10pm

Energy

Middle East Crude-Benchmarks stay firm; ADNOC hikes OSP

SINGAPORE: The Middle East crude benchmarks stayed firm on Friday after Abu Dhabi raised its official selling price for

Published 04 May, 2018 01:53pm

Energy

Asia Gold-Weaker prices fail to revive demand; Indian premiums widen

MUMBAI/BENGALURU: Demand for physical gold barely changed in major Asian hubs this week even as global prices weakened,

Published 04 May, 2018 01:46pm

Energy

Asia Distillates-Gasoil cash premiums edge higher on limited supply

SINGAPORE: Asia's cash premiums for 10ppm gasoil climbed on Friday as refinery turnarounds in the region kept supplies t

Published 04 May, 2018 01:32pm

Energy

Singapore fuel oil inventories rise, snap 5-week decline

SINGAPORE: Singapore weekly onshore fuel oil inventories rose 2 percent, or 334,000 barrels (about 50,000 tonnes), to a

Published 03 May, 2018 03:20pm

Energy

China's Sinopec plans to cut Saudi crude oil volumes for 2nd mth in June

SINGAPORE: Sinopec, Asia's largest refiner, plans to cut the volume of Saudi crude oil it loads in June by 40 percent fo

Published 03 May, 2018 03:06pm

Energy

Asia-Pacific Crude-Steady; Vietnam tenders eyed

SINGAPORE: Trade in the Asia-Pacific crude market was muted on Thursday as traders waited for the results of Vietnamese

Published 03 May, 2018 03:00pm

Energy

Asia Naphtha/Gasoline-Naphtha up; active gasoline deals

SINGAPORE: Asia's naphtha crack hit a one-month high of $88.25 a tonne supported by demand as most buyers have maximized

Published 03 May, 2018 02:41pm

Energy

Indonesia raises April Minas crude price to $68.39/bbl

SINGAPORE: Indonesia has set the official Indonesia Crude Price (ICP) for Minas crude oil at $68.39 a barrel for April,

Published 03 May, 2018 02:40pm

Energy

Exxon pushes ahead with Rosneft LNG project despite sanctions

BEIJING/LONDON: Exxon Mobil is pushing ahead with efforts to develop its $15 billion Far East Liquefied Natural Gas (LNG

Published 03 May, 2018 01:31pm

Energy

Oil prices fall on rising US crude inventories, record production

SINGAPORE: Oil prices fell early on Thursday, pulled down by a rise in U.S. crude inventories and record weekly U.S.

Published 03 May, 2018 01:29am

Energy

Middle East Crude-Benchmarks strengthen; Saudi may raise OSPs

SINGAPORE: The Middle East crude market kicked off trade this month on a strong note, with both benchmarks topping $1 a

Published 02 May, 2018 02:24pm

Energy

Qatar raises April Marine crude price to $68.45/bbl, land crude to $70.80/bbl

SINGAPORE: Qatar has set its April retroactive official selling price (OSP) for Marine crude at $68.45 a barrel, up $5.6

Published 02 May, 2018 02:05pm

Energy

Oil pares gains, market supported by Iran worries

TOKYO: Oil prices held steady on Tuesday as the dollar remained near a four-month high, with crude supported by worries

Published 01 May, 2018 12:44pm

Energy

India BPCL to shut Bina refinery from mid-Sept for 45 day

MUMBAI: India's Bharat Petroleum Corp Ltd will shut its 120,000 barrels per day (bpd) joint venture Bina refinery from m

Published 01 May, 2018 12:13pm

Energy

ExxonMobil to launch flow meter system for gasoil bunkering barges in May

SINGAPORE: ExxonMobil is launching a mass flow metering (MFM) system for marine gasoil (MGO) refuelling barges in Singap

Published 30 Apr, 2018 01:44pm

Energy

ADNOC may set naphtha offers at sharply higher levels vs last year

SINGAPORE: Abu Dhabi National Oil Co (ADNOC) is expected to peg offers for naphtha lifting from July 2018 to June 2019 a

Published 30 Apr, 2018 01:16pm

Energy

Asia-Pacific Crude-June Chim Sao, Ruby premiums down

SINGAPORE: The Asia-Pacific crude market was mixed on Wednesday with some grades trading higher and others such as Vietn

Published 25 Apr, 2018 02:07pm

Energy

Sinopec plans to extend cuts in Saudi crude oil imports to June, July

SINGAPORE: China's Sinopec, Asia's largest refiner, plans to continue to cut their Saudi Arabian crude oil purchases for

Published 25 Apr, 2018 11:41am

Energy

Asia Distillates-Jet fuel cash premiums extend gains on tighter supply

SINGAPORE: Asia's jet fuel cash premiums rose on Wednesday to the highest in nearly three weeks as seasonal refinery tur

Published 25 Apr, 2018 11:35am

Energy

CNOOC calls on Beijing to speed up reform of fuel pricing amid glut

BEIJING: China should speed up the liberalisation of its retail fuel pricing scheme as high diesel and gasoline prices h

Published 23 Apr, 2018 02:55pm

Energy

Middle East Crude-Benchmarks edge down; IOC skips Basra Light purchase

SINGAPORE: Middle East crude benchmarks edged down on Monday, with most of the June-loading cargoes traded while some re

Published 23 Apr, 2018 02:10pm

Energy

Asia Naphtha/Gasoline-Cracks gain but gasoline supply ample

SINGAPORE: Asia's naphtha crack was at its highest since April 13 on Monday at $71.75 a tonne on strong demand.

Sou

Published 23 Apr, 2018 01:46pm

Energy

Shell snaps up more than 8mn bbls Mideast, Russia oil in Asia

SINGAPORE: Royal Dutch Shell has snapped up more than 8 million barrels of Middle East and Russian crude oil loading in

Published 20 Apr, 2018 01:45pm

Energy

India's Iran oil imports fell 15.7pc in fiscal year 2017/18

NEW DELHI: India's oil imports from Iran during the 2017/18 fiscal year fell by 15.7 percent from a year ago as state re

Published 20 Apr, 2018 01:22pm

Energy

Asia's gasoline glut drags refining margins to 3-month low

SINGAPORE: Gasoline profits for Asia's oil refiners hit their lowest since 2016, while refining margins have touched a t

Published 20 Apr, 2018 01:20pm

Energy

Asia-Pacific Crude-Malaysia offers condensate; Thailand, Taiwan seek sweet crude

SINGAPORE: The Asia-Pacific crude market remained steady on Friday with Malaysia offering a condensate cargo for June, w

Published 20 Apr, 2018 12:10pm

Energy

China's CNOOC executive says expects lower gas output in Q2 compared with Q1

BEIJING: China's offshore oil and gas company CNOOC expects lower output from its gas field in the second quarter from t

Published 20 Apr, 2018 11:38am

Energy

Brent crude's premium to Dubai quotes hits widest since Jan 2016

SINGAPORE: Brent crude's premium to Dubai quotes rose to $4.30/bbl, the widest since January 2016, on the strength in th

Published 19 Apr, 2018 02:41pm

Energy

Middle East Crude-Dubai dips further; IRPC buys 3 cargoes

SINGAPORE: The Middle East crude benchmark Dubai weakened for a second session even as Oman's premium to Dubai quotes re

Published 19 Apr, 2018 02:39pm

Energy

Asia Naphtha/Gasoline-Naphtha extends losses; likely to stay weak

SINGAPORE: Asia's naphtha crack fell for a fourth straight session to a nearly 2-1/2 month low of $65.90 a tonne on Thur

Published 19 Apr, 2018 02:31pm

Energy

Asia-Pacific Crude-Pertamina offers May Banyu Urip; ESPO premium falls

SINGAPORE: Asia-Pacific crude held steady on Thursday with cargoes offered by Pertamina and Petronas via tenders bumping

Published 19 Apr, 2018 02:27pm

Energy

Asian markets boosted by energy firms as oil surges

HONG KONG: markets enjoyed another day of gains Thursday as energy firms tracked a surge in oil prices, while fears over

Published 19 Apr, 2018 08:45am

Energy

Switch to LNG for shipping fuel not enough to meet strict carbon regulations

SINGAPORE: Switching to liquefied natural gas (LNG) to fuel ocean-going vessels may not be enough for shippers to comply

Published 17 Apr, 2018 11:57am

Energy

Middle East Crude-Benchmarks rise; Basra Light sells at record premium

SINGAPORE: The Middle East crude benchmarks rose on Tuesday, close to the highest premiums seen earlier this month, as r

Published 17 Apr, 2018 11:01am

Energy

Papua New Guinea LNG project resumes exports

SINGAPORE: A liquefied natural gas (LNG) tanker has left Papua New Guinea laden with the first export cargo of the super

Published 16 Apr, 2018 02:40pm

Energy

Oil markets tense after western strikes on Syria, rising US drilling weighs

SINGAPORE: Oil fell more than 1 percent on Monday as markets opened following western air strikes in Syria over the week

Published 16 Apr, 2018 02:38pm

Energy

Middle East Crude-Most grades trade at premiums for June

SINGAPORE: The Middle East crude market stayed firm on Monday with most of the June-loading grades trading at premiums,

Published 16 Apr, 2018 12:42pm

Energy

Azerbaijan's oil output up 2.4pc y/y in Q1

BAKU: Azerbaijan increased its oil production by 2.4 percent in the first quarter of 2018 year on year to 9.7 million to

Published 16 Apr, 2018 12:33pm

Energy

Asia Distillates-Jet fuel cash premiums drop on weaker demand expectations

SINGAPORE: Asia's jet fuel cash premiums dipped on Monday on concerns that the aviation fuel market may lose steam over

Published 16 Apr, 2018 11:55am

Energy

Asia Fuel Oil-Fuel oil crack slips, trade activity muted

SINGAPORE: Trade activity in the fuel oil paper markets was muted on Thursday with the front-month fuel oil crack wideni

Published 12 Apr, 2018 04:16pm

Energy

Asia Naphtha/Gasoline-Cracks down; gasoline hit harder due to glut

SINGAPORE: Asia's naphtha crack fell to a one-month low of $79.05 a tonne on Thursday while gasoline was hit harder by s

Published 12 Apr, 2018 04:10pm

Energy

Iran's oil minister says $60 is a good price for crude oil

NEW DELHI: Iranian Oil Minister Bijan Zangeneh said on Wednesday that $60 a barrel is a good price for oil currently as

Published 11 Apr, 2018 02:03pm

Energy

Indonesia oil lifting at 750,600 bpd in first quarter

JAKARTA: Indonesia's crude oil lifting reached 750,600 barrels per day, while natural gas lifting was at 1,139,000 barre

Published 11 Apr, 2018 01:46pm

Energy

Texas LNG signs non-binding deals with Chinese, Southeast Asian buyers

SINGAPORE: Texas LNG has signed eight non-binding deals with potential buyers of liquefied natural gas (LNG) in China, s

Published 11 Apr, 2018 01:29pm

Energy

PNG LNG terminal expected to restart in May after earthquake shut down

SINGAPORE: Exxon Mobil expects to restart production from its PNG LNG project in Papua New Guinea at the beginning of Ma

Published 11 Apr, 2018 01:00pm

Energy

Some CNOOC LNG cargoes will be sold on Shanghai gas exchange next week

BEIJING: The Shanghai Petroleum and Gas Exchange said on Wednesday several cargoes of CNOOC's liquefied natural gas (LNG

Published 11 Apr, 2018 12:59pm

Energy

China's CNOOC plans LNG sale on Shanghai gas exchange next week

BEIJING: China National Offshore Oil Corp (CNOOC) will next week auction one or two cargoes of liquefied natural gas (LN

Published 11 Apr, 2018 12:45pm

Energy

Asia Fuel Oil-Fuel oil crack firms on rising demand, tighter supply

SINGAPORE: The front-month fuel oil crack to Brent crude firmed on Wednesday amid expectations of rising seasonal summer

Published 11 Apr, 2018 12:40pm

Energy

IEA's Birol says oil supply a concern as demand growing while output falls

NEW DELHI: Global oil supply remains a concern amid OPEC and Russian-led output reductions, with production falling from

Published 11 Apr, 2018 12:34pm

Energy

Asia-Pacific Crude-Steady awaiting June cargoes to trade

SINGAPORE: The Asia-Pacific crude market remained steady on Wednesday as traders waited for June cargoes to trade. VI

Published 11 Apr, 2018 12:05pm

Energy

Asia Naphtha/Gasoline-Naphtha premium stays firm; gasoline sinks

SINGAPORE: Asia's naphtha crack for front-month second-half May on Wednesday hit a two-week low of $82.33 a tonne, dragg

Published 11 Apr, 2018 11:49am

Energy

Sinopec plans overhaul at largest refinery as it cuts Saudi oil

BEIJING: Sinopec Corp will shut down its largest refinery for maintenance throughout May, and at least four independent

Published 11 Apr, 2018 11:47am

Energy

Middle East Crude-Cash Dubai edges higher on Totsa's buying

SINGAPORE: The Middle East market rose on Wednesday with oil major Totsa propping up cash Dubai prices by snapping up 14

Published 11 Apr, 2018 11:45am

Energy

Asian markets flutter after Xi-inspired rally

HONG KONG: Energy firms soared with oil prices in Asia on Wednesday but broader markets flitted between gains and losses

Published 11 Apr, 2018 08:22am

Energy

China coal imports to fall this year amid concerns about curbs

BEIJING: China's coal imports are expected to fall by 8 percent this year, a senior industry official said on Tuesday, a

Published 10 Apr, 2018 02:59pm

Energy

Oil prices rise by more than 1 pct on hopes US trade spat with China may ease

SINGAPORE: Oil markets rose by more than 1 percent on Tuesday, extending strong gains from the previous session, on hope

Published 10 Apr, 2018 07:30am

Energy

Brighter LNG and oil prices, wary public threaten Harbour's Santos deal

SINGAPORE: The revised $10.4 billion bid by Harbour Energy for Australian liquefied natural gas (LNG) producer Santos Lt

Published 09 Apr, 2018 03:32pm

Energy

China's CNOOC seeks LNG cargoes for up to 2022

SINGAPORE: China National Offshore Oil Corp (CNOOC) is seeking liquefied natural gas (LNG) cargoes for delivery for up t

Published 09 Apr, 2018 12:32pm

Energy

Oil prices firm, but trade dispute and Syria keep market on edge

SINGAPORE: Oil markets stabilised on Monday after slumping around 2 percent last Friday on concerns over an intensifying

Published 09 Apr, 2018 12:15pm

Energy

Asia-Pacific Crude-Australia to load fewer cargoes in June

SINGAPORE: The Asia-Pacific crude market is expected to tighten as Australia is likely to load fewer cargoes in June, tr

Published 09 Apr, 2018 12:14pm

Energy

Asia Fuel Oil-180-cst cash premium slips from near 10-month high

SINGAPORE: Asia's 180-cst fuel oil market snapped six straight sessions of gains on Monday, retreating from a near 10-mo

Published 09 Apr, 2018 11:49am

Energy

Oil drops after US President Trump threatens new China trade tariffs

SEOUL: Oil prices fell on Friday after US President Donald Trump's threat of new tariffs on China reignited fears of a t

Published 06 Apr, 2018 02:45pm

Energy

Middle East Crude-Benchmarks rise after unexpected Saudi price hike

SINGAPORE: The Middle East crude benchmarks rose on Friday with both Oman and Dubai rising to 90-95 cents a barrel above

Published 06 Apr, 2018 10:17am

Energy

Saudi's May crude oil price hike for Asia confounds traders

SINGAPORE: Asian oil traders are stumped by how Saudi Arabia derived its official selling prices (OSP) for May after the

Published 06 Apr, 2018 10:17am

Energy

Brent oil to test resistance at $68.86

SINGAPORE: Brent oil is expected to test a resistance at $68.86 per barrel, a break above which could lead to a gain to

Published 05 Apr, 2018 02:05pm

Energy

Oil gains on US crude drawdown, easing of tension in US-China spat

TOKYO: Oil prices rose on Thursday, buoyed by the US government data showing a surprise drawdown in crude stockpiles and

Published 05 Apr, 2018 01:12pm

Energy

Exxon imports LNG to keep tanks cool at Papua New Guinea plant

SINGAPORE: ExxonMobil said on Thursday that it has imported a liquefied natural gas (LNG) cargo to keep tanks cold at it

Published 05 Apr, 2018 12:12pm

Energy

Middle East Crude-Benchmarks little changed; Saudi OSPs awaited

SINGAPORE: The Middle East crude benchmarks were little changed on Thursday as traders waited for Saudi Aramco to announ

Published 05 Apr, 2018 10:48am

Energy

Malaysia's Petronas delivers first LNG cargo to Japan's Hokuriku Electric

KUALA LUMPUR: Malaysian state-owned oil company Petroliam Nasional Bhd (Petronas) said on Tuesday it has delivered its f

Published 03 Apr, 2018 12:21pm

Energy

Asia Distillates-Jet fuel cash premiums gain to highest in 3 weeks

SINGAPORE: Asia's jet fuel premiums climbed to the highest in over three weeks after some stronger bids on Tuesday. C

Published 03 Apr, 2018 11:09am

Energy

Bangladesh tenders for up to 1.52mn T oil products

DHAKA: Bangladesh Petroleum Corp (BPC) issued an international tender on Monday to import as much as 1.52 million tonnes

Published 02 Apr, 2018 03:30pm

Energy

Tanker docks at ExxonMobil's Papua New Guinea LNG export terminal

SINGAPORE: A liquefied natural gas (LNG) tanker has docked at ExxonMobil's Papua New Guinea export plant, which has been

Published 02 Apr, 2018 11:55am

Energy

Saudi Arabia seen cutting May crude prices to Asia

SINGAPORE: Top oil exporter Saudi Arabia is expected to cut prices for all crude grades it sells to Asia in May to refle

Published 02 Apr, 2018 11:18am

Energy

China's Sinopec aims for shale gas output of 10 bcm by 2020

BEIJING: China's Sinopec aiming for shale gas output of 10 billion cubic metres (bcm) by 2020, the company said in a pre

Published 02 Apr, 2018 11:08am

Energy

Middle East Crude-Dubai flips to premium; June cargoes sell out

SINGAPORE: The Middle East crude benchmarks kicked off trade this month on a strong note, with Dubai flipping back to a

Published 02 Apr, 2018 10:57am

Energy

Japan's Inpex to begin design work for Abadi LNG project

TOKYO: Japan's biggest oil and gas explorer, Inpex Corp, says to begin preliminary front end engineering design (Pre-FEE

Published 30 Mar, 2018 12:02pm

Energy

Shanghai September crude oil futures rise 3pc on petro yuan scheme

BEIJING: Shanghai September crude oil futures rose 3 percent by the midday break on Friday as investors placed bullish b

Published 30 Mar, 2018 11:47am

Energy

GLOBAL LNG-Asian prices slip as surplus cargoes build

SINGAPORE: Asian spot prices for liquefied natural gas (LNG) slipped for a fourth consecutive week as surplus spot cargo

Published 29 Mar, 2018 02:11pm

Energy

CNOOC misses capex target in 2017, posting weaker H2 profits

BEIJING: Chinese oil major CNOOC reported 8.4 billion yuan in net profit in the second half of 2017, down sharply from 1

Published 29 Mar, 2018 01:15pm

Energy

Asia-Pacific Crude-Malaysia offers Penara Blend for May

SINGAPORE: The Asia-Pacific sweet crude market remained steady on Wednesday, with more offers seen from Malaysia, trade

Published 28 Mar, 2018 10:33am

Energy

China raises retail gasoline, diesel prices

BEIJING: China will raise the retail price of gasoline by 170 yuan ($27.04) per tonne and of diesel by 165 yuan per tonn

Published 28 Mar, 2018 10:21am

Energy

Middle East Crude-Dubai slips, April Basra fetch premiums

SINGAPORE: Middle East crude benchmark Dubai slipped on Tuesday, while Basra crude was sold at premiums for the first ti

Published 27 Mar, 2018 12:27pm

Energy

China Feb fuel exports to North Korea tiny

BEIJING: China kept fuel exports to North Korea to a trickle and shipped no corn or rice to its isolated neighbour last

Published 26 Mar, 2018 12:20pm

Energy

Sinopec lifts capex after best posting annual profits since 2013

BEIJING: China's Sinopec Corp said on Sunday it would raise spending by 17.7 percent this year after posting its best a

Published 26 Mar, 2018 11:31am

Energy

Tokyo stocks up despite investor caution

Tokyo: Tokyo stocks rose on Monday as late bargain-hunting erased early losses, but investors remained cautious amid fea

Published 26 Mar, 2018 11:30am

Energy

Brent crude oil futures above $70 per barrel on Middle East tension

SINGAPORE: Oil prices rose on Monday with international Brent crude futures opening above $70 per barrel for the first t

Published 26 Mar, 2018 11:16am

Energy

Sinopec lifts capex after best posting annual profits since 2013

BEIJING: China's Sinopec Corp said on Sunday it would raise spending by 17.7 percent this year after posting its best a

Published 25 Mar, 2018 11:35am

Energy

Asia Fuel Oil-380-cst cash discount falls on lower deals

SINGAPORE: Asia's 380-centistoke (cst) fuel oil cash differential slid to its widest discount since July 2016 on Thursda

Published 22 Mar, 2018 12:22pm

Energy

China passes checks for first bonded LNG tank

BEIJING: China passed inspections for its first bonded liquefied natural gas (LNG) tank in its southernmost province Hai

Updated 22 Mar, 2018 01:48pm

Energy

South Korean stocks move tentatively, won weaker

SEOUL: Round-up of South Korean financial markets: South Korea's KOSPI stock index ended flat on Wednesday as investors

Published 21 Mar, 2018 10:55am

Energy

Oil edges up on Middle East tensions, but soaring US output still weighs

SINGAPORE: Oil prices edged up on Wednesday, lifted by tensions in the Middle East and healthy demand, although rising U

Published 21 Mar, 2018 10:45am

Energy

Asia-Pacific Crude-Vietnam's PV Oil sells Chim Sao at steady levels

SINGAPORE: The Asia-Pacific crude market remained steady on Wednesday with Vietnam's PV Oil selling a May-loading Chim S

Published 21 Mar, 2018 10:09am

Energy

Asian energy firms rally on oil surge, but market gains pared

HONG KONG: Energy firms in Asia rose on the back of a rush into oil after data indicated a jump in US demand, but region

Published 21 Mar, 2018 07:59am

Energy

Asia Fuel Oil-380-cst cash differential rebounds from 1-yr low

SINGAPORE: Asia's 380-cst cash differential rebounded on Tuesday from a one-year low touched in the previous session, as

Published 20 Mar, 2018 12:00pm

Energy

Middle East Crude-Taiwan seeks May-June cargo

SINGAPORE: The Middle East crude benchmarks held steady on Tuesday with Taiwan entering the spot market to seek a sour c

Published 20 Mar, 2018 11:51am

Energy

CNOOC starts production at new South China Sea oilfield

BEIJING: CNOOC started production from Weizhou 6-13 oilfield in the South China Sea, CNOOC said in a statement on Tuesda

Published 20 Mar, 2018 11:35am

Energy

Japan's February LNG imports rose to a record for the month

TOKYO: Japan's liquefied natural gas (LNG) imports rose to a one-year high in February, trade data from the Ministry of

Published 19 Mar, 2018 12:27pm

Energy

Oil prices fall as increased US drilling points to higher output

SINGAPORE: Oil prices fell on Monday as increased drilling in the United States pointed to more output, raising concerns

Published 19 Mar, 2018 12:00pm

Energy

Chevron sells May-loading Cossack cargo - traders

SINGAPORE: Chevron sold its May 4-8 loading Cossack crude oil cargo to oil trader Trafigura at a premium of $1.70 to $1.

Published 19 Mar, 2018 11:54am

Energy

Asia Fuel Oil-380-cst cash differential tumbles to 1-year low

SINGAPORE: Asia's 380c-st cash differential slid into a wide discount on Monday amid an absence of willing buyers despit

Published 19 Mar, 2018 11:24am

Energy

Asia-Pacific Crude-Cossack for May loading firms

SINGAPORE: Spot prices for light crude firmed on uncertainty of cargo availability from Papua New Guinea following an ea

Published 19 Mar, 2018 11:18am

Energy

Middle East Crude-Petron, PTT seek crude

SINGAPORE: The Middle East crude benchmarks held steady on Monday as more refiners such as Petron and PTT seek to buy sp

Published 19 Mar, 2018 11:07am

Energy

OPEC's Barkindo hopes for oil market stability this year

BAKU: OPEC Secretary-General Mohammad Barkindo said on Monday he hoped a global deal to reduce oil production would help

Published 19 Mar, 2018 10:55am

Energy

Asia-Pacific Crude-Premiums fall as demand slows in peak maintenance season

SINGAPORE: The Asia-Pacific crude premiums fell on Friday as demand slowed during the peak maintenance season, trade sou

Published 16 Mar, 2018 01:30pm

Energy

Middle East Crude-Benchmarks edge up, Upper Zakum in discount

SINGAPORE: Middle East crude benchmarks edged higher on Friday in flurry of trades while Upper Zakum and Qatar Marine re

Published 16 Mar, 2018 01:15pm

Energy

Vietnam oil firm sells 5pc interest at offshore block to Murphy Oil

HANOI: Vietnam's PetroVietnam Exploration Production Corp., or PVEP, has signed an agreement to sell a 5 percent working

Published 16 Mar, 2018 12:42pm

Energy

Shell says LNG buyers have not taken advantage of buyer's market

TOKYO: Royal Dutch Shell, the world's biggest liquefied natural gas (LNG) trader, said on Thursday buyers of the fuel ha

Published 15 Mar, 2018 12:10pm

Energy

Qatar sells May al-Shaheen crude at lower premiums

SINGAPORE: Qatar Petroleum has sold two cargoes of May-loading al-Shaheen crude at lower premiums than the previous mont

Published 15 Mar, 2018 12:03pm

Energy

Middle East Crude-Murban premium narrows slightly

SINGAPORE: The Middle East crude market was mixed on Thursday as the discount for light sour Murban narrowed slightly fo

Published 15 Mar, 2018 11:38am

Energy

China suspends oil price adjustment

BEIJING: China's top economic planner announced Wednesday that it would keep domestic retail oil prices unchanged as glo

Published 14 Mar, 2018 12:41pm

Energy

Gail India seeks two LNG cargoes for April-May delivery

SINGAPORE/LONDON: Gail (India) is seeking two liquefied natural gas (LNG) cargoes for delivery over April to May, trader

Published 14 Mar, 2018 10:45am

Energy

Oil stable on strong China data, but rising US output caps gains

SINGAPORE: Oil prices were stable on Wednesday after posting two days of declines at the start of the week, with support

Published 14 Mar, 2018 10:44am

Energy

Philippines says new oil, gas discovery has commercial quantities

MANILA: An oil field discovered in central Philippines in 2014 has been found to have commercial quantities of both natu

Published 14 Mar, 2018 09:43am

Energy

Asia-Pacific Crude-Malaysia offers May cargoes

SINGAPORE: Malaysia kicked off May trading by offering two crude cargoes for the month through tenders, trade sources sa

Published 14 Mar, 2018 09:42am

Energy

Mongolia's coal exports drop a third in February

ULAANBAATAR: Mongolian coal exports fell by a third in February, the country's statistics bureau said on Tuesday, with b

Published 13 Mar, 2018 01:04pm

Energy

Asia Naphtha/Gasoline-Gasoline recovers marginally; naphtha falls

SINGAPORE: Asia's naphtha crack hit a two-week low of $75.20 a tonne but gasoline crack rose after eight straight sessio

Published 13 Mar, 2018 12:43pm

Energy

US oil may rise to $62.26

SINGAPORE: US oil may break a resistance at $61.38 per barrel and rise towards the next resistance at $62.26, as suggest

Published 13 Mar, 2018 11:29am

Energy

China's gas consumption to grow 10pc in 2018

BEIJING: BMI Research expects China's gas consumption to grow by 10 pct in 2018. Robust growth in natural gas demand

Published 13 Mar, 2018 11:25am

Energy

Brent oil may retest resistance at $65.78

SINGAPORE: Brent oil may retest a resistance at $65.78 per barrel, as it has cleared a lower resistance at $64.88. Th

Published 13 Mar, 2018 11:25am

Energy

Petronas drops March crude price factor to $4.05/bbl

SINGAPORE: State oil firm Petronas has set the price factor for Malaysian Crude Oil (MCO) for March at $4.05 per barrel,

Published 13 Mar, 2018 11:11am

Energy

India's oil imports from Venezuela hit lowest in over 5 years

NEW DELHI: Indian imports of oil from Venezuela have fallen to their lowest levels in over half a decade, shipping and i

Published 13 Mar, 2018 09:48am

Energy

Oil prices dip on relentless rise in US crude output

SINGAPORE: Oil prices dipped on Tuesday, extending losses from the previous session, as the inexorable rise in US crude

Published 13 Mar, 2018 09:47am

Energy

Singapore reports record high marine fuel sales for month of February

SINGAPORE: Singapore sold a total of 4.136 million tonnes of marine fuels in February, the highest ever for the shortest

Published 13 Mar, 2018 09:26am

Energy

Summit Power to develop $3bn LNG-to-power Bangladesh project with Japan firms

SINGAPORE: Summit Power International said on Tuesday it signed a memorandum of understanding with Japan's Mitsubishi Co

Published 13 Mar, 2018 09:04am

Energy

India's GSPC to award late March LNG cargo tender-trade

LONDON: India's Gujarat State Petroleum Corporation is expected to pick a supplier for its tender seeking a l

Published 12 Mar, 2018 02:19pm

Energy

Asia Distillates-Jet cash premium slips, gasoil premium edges higher

SINGAPORE: Asia's jet fuel cash premiums extended losses on Monday, falling to a near five-week low as slowing seasonal

Published 12 Mar, 2018 12:25pm

Energy

Asia-Pacific Crude-Vietnam offers Chim Sao for May

SINGAPORE: The Asia-pacific market remained steady on Thursday as Vietnam offered its first cargoes for May, trade sourc

Published 08 Mar, 2018 12:57pm

Energy

US oil may gain more into $63.36-$63.82 range

SINGAPORE: US oil may break a resistance at $62.81 per barrel and gain more into a range of $63.36-$63.82, as suggested

Published 06 Mar, 2018 01:16pm

Energy

Indonesia power tariffs, fuel prices to stay unchanged for 2 years

JAKARTA: Indonesia plans to keep electricity tariffs and fuel prices unchanged this year and the next by hiking subsidie

Published 06 Mar, 2018 01:01pm

Energy

Oil inches up on strong demand forecasts, OPEC-led output cuts

SEOUL: Oil futures rose on Tuesday for a third session, underpinned by robust demand forecasts and as ministers from OPE

Published 06 Mar, 2018 12:20pm

Energy

China end-Jan refined oil inventory up 5.3pc from Dec

BEIJING: China's refined oil inventory in January rose to a 10-month high, led by record stocks of gasoline and kerosene

Published 06 Mar, 2018 12:06pm

Energy

Qatar cuts February crude prices less than expected

SINGAPORE: Qatar has set its February retroactive official selling price (OSP) for its Marine crude at $63.40 a barrel,

Published 06 Mar, 2018 11:38am

Energy

Sinopec starts operation of refined oil pipeline in east Zhejiang

BEIJING: China's Sinopec has started a new refined oil pipeline in east Zhejiang province, the company said in a press r

Published 06 Mar, 2018 11:30am

Energy

Asia Distillates-Jet extends losses, buying interest firms gasoil differential

SINGAPORE: Asia's jet fuel cash premiums extended losses on Tuesday, falling to an eight-session low as slowing seasonal

Published 06 Mar, 2018 11:13am

Energy

Oil prices climb ahead of OPEC meeting with US shale firms

SEOUL: Oil prices rose on Monday ahead of a meeting between OPEC and U.S. shale firms in Houston, raising expectatio

Published 05 Mar, 2018 10:26pm

Energy

Middle East Crude-Dubai weakens; ADNOC cuts OSPs

SINGAPORE: Middle East crude benchmark Dubai weakened on Monday, falling to a discount against swaps, while ADNOC cut of

Published 05 Mar, 2018 02:39pm

Energy

Taiwan's CPC buys April LNG cargo and seeks another for May

SINGAPORE: Taiwan's state-run CPC Corp bought a liquefied natural gas (LNG) spot cargo for delivery in April and is seek

Published 02 Mar, 2018 01:00pm

Energy

Exxon declares force majeure on exports from Papua LNG project

TOKYO/MELBOURNE: ExxonMobil Corp has declared force majeure on exports from its Papua New Guinea liquefied natural gas (

Published 02 Mar, 2018 12:02pm

Energy

Malaysia's Petronas ramps up spending as profit surges

KUALA LUMPUR: Malaysian state energy firm Petroliam Nasional Berhad, or Petronas, pledged on Friday to ramp up its growt

Published 02 Mar, 2018 11:53am

Energy

Oil prices give up gains; set for weekly drop

TOKYO: US oil prices fell on Friday, taking declines to a fourth day as Asian share markets extended a sell-off on Wall

Published 02 Mar, 2018 11:40am

Energy

GLOBAL LNG-Global gas markets roiled by Papua quake, Europe deep-freeze

SINGAPORE: Global natural gas markets were roiled this week as an earthquake in Papua New Guinea caused a large-scale su

Published 02 Mar, 2018 11:27am

Energy

Asia-Pacific Crude-April cargoes clear; Vietnam keeps most of its supplies

SINGAPORE: Sweet crude cargoes are gradually clearing in the Asia-Pacific crude market, with most of the Vietnamese supp

Published 01 Mar, 2018 10:08am

Energy

Middle East Crude-Benchmarks steady ahead of OSPs

SINGAPORE: Middle East crude benchmarks started a new month of trading on Thursday holding at steady levels from the pre

Published 01 Mar, 2018 10:01am

Energy

Total targets final decisions on Myanmar, Ivory Coast LNG projects this year

SINGAPORE: France's Total expects to take a final investment decision (FID) on liquefied natural gas (LNG) import projec

Published 28 Feb, 2018 01:13pm

Energy

Middle East Crude-Benchmarks weaken; ESPO premiums fall

SINGAPORE: Middle East crude benchmarks closed for the month weaker on lower demand across Asia during a peak refinery m

Published 28 Feb, 2018 11:54am

Energy

LNG project investments thaw as Exxon eyes Mozambique, Qatar

SINGAPORE: Investments in new liquefied natural gas (LNG) projects are thawing out after three years of low prices, with

Published 28 Feb, 2018 11:46am

Energy

Vietnam's Feb crude oil output falls 1.9pc y/y to 1.05mn T

HANOI: Vietnam's crude oil output in February is estimated at 1.05 million tonnes (275,000 barrels per day), down 1.9 pe

Published 28 Feb, 2018 11:41am

Energy

Asia Distillates-Jet fuel cash premiums slip from decade high

SINGAPORE: Asia's jet fuel cash premium to Singapore benchmark prices eased from a decade high in the previous session i

Published 28 Feb, 2018 11:40am

Energy

Oil steady after hitting 3-wk top as Saudi to keep output well below cap

TOKYO: Oil prices steadied on Monday after hitting their highest level in nearly three weeks, supported by comments from

Published 26 Feb, 2018 02:00pm

Energy

SE Asia Stocks-Most rise; Vietnam ends at 1-month high

SINGAPORE: Most Southeast Asian stock markets rose in line with broader Asia on Monday as investors braced for an event-

Published 26 Feb, 2018 12:17pm

Energy

Asia-Pacific Crude-Sakhalin premium slips from near 2-year peak

SINGAPORE: The Asia Pacific crude market was mixed on Monday with premium for Sakhalin blend crude loading in May slippi

Published 26 Feb, 2018 11:54am

Energy

Vietnam's Nghi Son oil refinery ready for start-up from Feb. 28

HANOI: Vietnam's second oil refinery, Nghi Son Refinery and Petrochemical, will be ready for start-up from Feb. 28, its

Published 26 Feb, 2018 11:20am

Energy

Asia Naphtha/Gasoline-Naphtha down, but fundamentals seen stronger

SINGAPORE: Asia's naphtha crack slipped to a 1-1/2-week low of $68.78 a tonne, weighed down by high Brent crude prices a

Published 22 Feb, 2018 11:32am

Energy

Malaysia's Petronas sells April Cakerawala condensate

SINGAPORE: Malaysia's Petronas sold 320,000 barrels of Cakerawala condensate for loading over April 21 to 30, traders sa

Published 21 Feb, 2018 12:51pm

Energy

Asia-Pacific Crude-Condensate premiums slip on weaker naphtha

SINGAPORE: The Asia-Pacific condensate market slipped on Wednesday on the back of weaker naphtha margin though refinery

Published 21 Feb, 2018 12:22pm

Energy

Middle East Crude-Stays weak on lower demand in Asia

SINGAPORE: The Middle East crude market held steady on Wednesday with most grades for April trading at weaker levels tha

Published 21 Feb, 2018 12:17pm

Energy

Asia Naphtha/Gasoline-Crack recovers but supply ample

SINGAPORE: Asia's naphtha crack was at a two-session high of $69.55 a tonne on Wednesday after falling to a four-session

Published 21 Feb, 2018 11:34am

Energy

India's ONGC short-lists three oil service majors to lift output from two fields

MUMBAI: India's Oil and Natural Gas Corp is set to hire international oil service giants for the first time to boost out

Published 21 Feb, 2018 11:13am

Energy

Sri Lanka's tea output in January rises 11.9pc y/y

COLOMBO: Sri Lanka's tea output in January rose 11.9 percent from a year earlier, due to favourable agro-climatic condit

Published 20 Feb, 2018 01:26pm

Energy

Asia-Pacific Crude-Prices slip ahead of refinery maintenance

SINGAPORE: The Asia-Pacific crude market slipped on Tuesday as refinery maintenance in the region is expected to reduce

Published 20 Feb, 2018 12:25pm

Energy

Asia Naphtha/Gasoline-Naphtha in South Korea returns to premium levels

SINGAPORE: Asia's naphtha crack extended losses for the second day on Tuesday to reach a four-session low of $69.10 a to

Published 20 Feb, 2018 12:02pm

Energy

Middle East Crude-April al-Shaheen crude at lower premiums

SINGAPORE: Middle East crude benchmarks edged higher on Tuesday with Dubai underpinned by Shell's purchases although med

Published 20 Feb, 2018 11:54am

Energy

ExxonMobil acquires 2.5pc stake in the BTC oil pipeline

BAKU: US oil major ExxonMobil has acquired 2.5 percent stake in the Azeri Baku-Tbilisi-Ceyhan (BTC) pipeline from CIE

Published 19 Feb, 2018 02:00pm

Energy

Asia-Pacific Crude-April Kimanis value slips despite fewer cargoes

SINGAPORE: The Asia-Pacific crude market came under pressure, with April-loading Kimanis values slipping from the previo

Published 19 Feb, 2018 01:52pm

Energy

US oil hits 1 week high as dollar sags; many Asian markets shut

TOKYO: US crude extended gains in subdued trade on Friday as the dollar slipped to a three-year low, with many Asian mar

Published 16 Feb, 2018 11:53am

Energy

Asia Fuel Oil-Visco spread climbs to 8-month high

SINGAPORE: Asia's front-month visco spread climbed to an eight-month high on Thursday after steady gains this week. T

Published 15 Feb, 2018 01:35pm

Energy

Global thermal coal market to grow 5 percent in 2018

GOA: The global thermal coal market will grow by about 48 million tonnes this year, 5 percent more than last year, the c

Published 13 Feb, 2018 06:04am

Energy

Asia Distillates-Jet fuel stays strong on firm demand

SINGAPORE: Asia's jet fuel cash premium to Singapore benchmark prices started the week at a three-session high of 95 cen

Published 12 Feb, 2018 02:53pm

Energy

Oil India shares rise on strong Q3 results

Shares of Oil India rise as much as 2.9 pct to 365.5 rupees. Q3 profit jumped 55 pct to 7.05 bln rupees ($109.70 mln),

Published 12 Feb, 2018 05:23am

Energy

China to launch own oil futures

BEIJING: China will launch its own crude oil futures in March, the securities regulator said Friday, as the energy-h

Published 09 Feb, 2018 07:03pm

Energy

Middle East Crude-Dubai falls to lowest in 3 mths on weak outlook

SINGAPORE: Middle East crude benchmark Dubai fell to the lowest in more than three months on Friday in the absence of de

Published 09 Feb, 2018 02:03pm

Energy

GLOBAL LNG-Price rebounds as North Asian buyers replenish inventory

SINGAPORE: Asian spot liquefied natural gas (LNG) prices rebounded this week as persistently cold weather in North Asia

Published 09 Feb, 2018 01:56pm

Energy

China cuts retail prices of gasoline, diesel, state planner says

BEIJING: China will cut the retail prices of gasoline by 170 yuan ($27.01) per tonne and diesel by 160 yuan per tonne fr

Published 09 Feb, 2018 01:44pm

Energy

Asia Naphtha/Gasoline-Cracks extend gain on weaker oil prices

SINGAPORE: Asia's naphtha crack extended gains to a three-session high of $70.75 a tonne on Friday after hitting a near

Published 09 Feb, 2018 01:37pm

Energy

Asia Distillates-Gasoil cracks end week lower as inventories climb

SINGAPORE: Gasoil cracks ended the week lower on sluggish regional demand and rising inventories of the fuel in key stor

Published 09 Feb, 2018 01:35pm

Energy

Angola LNG sells February-loading cargo to Chinese company

SINGAPORE/LONDON: Angola LNG sold an early February-loading cargo to a Chinese company, two traders said on Friday. T

Published 09 Feb, 2018 01:34pm

Energy

Asia Distillates-Jet fuel market eases from recent highs

SINGAPORE: Asia's jet fuel market eased on Thursday, edging away from recent highs after several sessions of sharp gains

Published 08 Feb, 2018 02:14pm

Energy

Japan's Ichthys LNG project costs blow out further

TOKYO: The giant Ichthys liquefied natural gas (LNG) project in Australia, the first to be led by a Japanese company, In

Published 08 Feb, 2018 02:10pm

Energy

India to auction 60 small discovered oil, gas fields

NEW DELHI: India will auction 60 discovered small oil and gas fields with the potential to produce 194.65 million tonnes

Published 07 Feb, 2018 03:05pm

Energy

Azerbaijan ships 80,000 T of oil via Russia in Jan

BAKU: Azerbaijan's state oil company SOCAR shipped 80,000 tonnes of oil via Russia in January, almost the same amount as

Published 07 Feb, 2018 01:11pm

Energy

Oil prices rise on report of lower US crude inventories

SINGAPORE: Oil prices rose on Wednesday, lifted by a report that US crude inventories fell last week, although analysts

Published 07 Feb, 2018 12:50pm

Energy

Middle East Crude-Benchmarks weaken ahead of April trading

SINGAPORE: Middle East crude benchmarks weakened on Wednesday on low buying interest on Platts window, a sign that some

Published 07 Feb, 2018 12:18pm

Energy

Asia Naphtha/Gasoline-Naphtha dives; Formosa seeks term, spot lots

SINGAPORE: Asia's naphtha crack slumped 19 percent and was near a seven-month low, dragged down by lucrative alternative

Published 07 Feb, 2018 11:36am

Energy

Japan's JXTG to let Hokkaido Gas use its LNG terminal

TOKYO: Japan's JXTG Nippon Oil & Energy Corp says it agreed to allow Hokkaido Gas Co co-use its Kushiro LNG terminal

Published 06 Feb, 2018 02:18pm

Energy

Asia-Pacific Crude-PV Oil offers more Chim Sao for April

SINGAPORE: The Asia-Pacific crude market held steady on Tuesday as traders worked on a flurry of tenders from Vietnam an

Published 06 Feb, 2018 01:36pm

Energy

Asia Fuel Oil-Fuel oil cracks rebound as crude tumbles

SINGAPORE: Asia's front-month high-sulphur fuel oil crack narrowed its discount to Brent crude on Tuesday for second str

Published 06 Feb, 2018 01:30pm

Energy

Oil prices fall more than 1 pct amid global market rout

SINGAPORE: Oil prices dropped by more than 1 percent on Tuesday, extending falls from the previous session as global fin

Published 06 Feb, 2018 05:45am

Energy

GLOBAL LNG-March price eases but bitter cold arrests decline

SINGAPORE: Asian spot LNG prices eased further this week on expectations of reduced buying but plunging temperatures in

Published 02 Feb, 2018 04:02pm

Energy

Petrol prices gush higher in energy-rich Turkmenistan

ASHGABAT: Prices at petrol pumps in Turkmenistan soared by around 50 percent on Thursday as the energy-rich Central Asia

Published 01 Feb, 2018 12:23pm

Energy

China approves 5.2mn T of open-pit coal mines in Xinjiang

BEIJING: China approved three open-pit coal mines with total capacity of 5.2 million tonnes per year in the Xinjiang reg

Published 30 Jan, 2018 08:29am

Energy

China's Shanxi province asks coal miners to cut or shorten holidays

BEIJING: China's second-biggest coal producing province, Shanxi, has asked coal miners to shorten or get rid of staff ho

Published 30 Jan, 2018 05:18am

Energy

Asia shares extend bull run, dollar huddles near lows

SYDNEY: Asian shares extended their bull run on Monday amid upbeat corporate earnings and strong global economic growth,

Published 29 Jan, 2018 06:48am

Energy

Oil dips as short-term demand outlook weakens

SINGAPORE: Oil prices fell on Friday as market fundamentals are expected to weaken with the upcoming end of the peak dem

Published 26 Jan, 2018 05:46am

Energy

Asian dealers resume dollar-selling after Trump rally

HONG KONG: The dollar edged back down in Asian trade Friday as a Donald Trump-inspired surge petered out with analys

Published 26 Jan, 2018 05:32am

Energy

China's 2017 coal imports from Russia surge after N.Korea ban

BEIJING: China's coal imports from Russia and Mongolia soared in 2017, customs data showed on Thursday, as the two count

Published 25 Jan, 2018 07:07am

Energy

S.Korea's KOSPO seeks to buy 435,000 T/Y coal for 2018-2020

SEOUL: Korea Southern Power Co Ltd (KOSPO) is seeking to buy a total of 435,000 tonnes of coal via three-year term tend

Published 25 Jan, 2018 05:20am

Energy

India's ONGC raises $2.38bn from banks to buy refinery stake

NEW DELHI: India's top explorer Oil and Natural Gas Corp (ONGC) has secured a $2.83 billion loan from three banks to par

Published 23 Jan, 2018 04:10pm

Energy

Middle East Crude-March Banoco AM discount widens

SINGAPORE: Middle East crude benchmarks were little changed on Tuesday with Dubai underpinned by Total's purchases altho

Published 23 Jan, 2018 03:46pm

Energy

Asia-Pacific Crude-Holds firm as tenders in focus

SINGAPORE: The Asia-Pacific crude market held steady on Monday as traders look ahead to tenders for more price direction

Published 22 Jan, 2018 03:28pm

Energy

Asia Naphtha/Gasoline-Naphtha down despite demand; gasoline gains

SINGAPORE: Asia's naphtha crack started the week at a three-session low of $90.28 a tonne as supplies remained ample eve

Published 22 Jan, 2018 03:27pm

Energy

Asia Fuel Oil-Time spreads, cracks start week firmer

SINGAPORE: Asia's fuel oil time spreads and cracks traded higher on Monday as improved sentiment added to market gains t

Published 22 Jan, 2018 03:26pm

Energy

Oil up on threats of rebel attacks in Nigeria, falling US crude stocks

SINGAPORE: Oil prices rose on Thursday on a reported decline in U.S. crude inventories, and as rebels in Nigeria thr

Published 18 Jan, 2018 05:09am

Energy

Azeri oil output down by 5.8pc to 38.7mn t in 2017

BAKU: Azerbaijan's oil and gas condensate output fell by 5.8 percent in 2017 to 38.688 million tonnes, state energy comp

Published 16 Jan, 2018 01:38pm

Energy

China's natural gas consumption to rise 10pc on yr in 2018

BEIJING: China's natural gas consumption will rise by 10 percent in 2018 to 258.7 billion cubic metres (bcm), China Nati

Published 16 Jan, 2018 01:02pm

Energy

Middle East Crude-Light grades stay in premiums

SINGAPORE: Light grades in the Middle East crude market traded at premiums in March on robust demand in Asia, while benc

Published 16 Jan, 2018 12:13pm

Energy

Asia Distillates-Jet fuel price stays high; cash deals absent

SINGAPORE: Asia's jet fuel outright price edged up to nearly $82 a barrel on Tuesday, the highest since early December 2

Published 16 Jan, 2018 11:42am

Energy

Oil near 3-year highs on output cuts, but rising N.American rig count weighs

SINGAPORE: Oil prices held closely below December 2014 highs on Monday, supported by production cuts by OPEC and Russia,

Published 15 Jan, 2018 02:10pm

Energy

Middle East Crude-Benchmarks edge down on ample supplies, weak fuel oil

SINGAPORE: Middle East crude benchmarks edged down on Monday as ample supplies of medium-sour grades and weak fuel oil c

Published 15 Jan, 2018 01:06pm

Energy

Asia Distillates-Jet fuel outright price at over three-year high

SINGAPORE: Asia's jet fuel outright price reached nearly $82 a barrel on Monday, tracking the crude oil price hike. -

Published 15 Jan, 2018 12:54pm

Energy

Brent crude oil rises to $70 on output cuts, ignores N.America rig gains

SINGAPORE: Brent crude oil prices rose to $70 a barrel on Monday, supported by ongoing output cuts led by OPEC and Russ

Published 15 Jan, 2018 06:30am

Energy

Oil near 3-year highs on output cuts despite rising N.American rig count

SINGAPORE: Oil prices held just below December 2014 highs on Monday, supported by ongoing output cuts led by OPEC an

Published 15 Jan, 2018 06:06am

Energy

Sinopec says South Africa gives it conditional approval for Chevron assets

BEIJING: South Africa will stick with China's Sinopec Corp as the preferred contender to buy Chevron's assets in South A

Published 11 Jan, 2018 08:16pm

Energy

Oil dips away from 3-yr highs on signs of overheated market

SINGAPORE: Oil dipped away from three-year highs on Thursday on signs that a 13-percent rally since early December m

Published 11 Jan, 2018 08:42am

Energy

Oil prices hit highest since 2014, but analysts warn of overheated mkt

SINGAPORE: Oil prices hit their highest levels since 2014 on Wednesday due to ongoing production cuts led by OPEC as

Published 10 Jan, 2018 05:35am

Energy

India's planned desert state refinery to buy 50,000 bpd oil from Cairn

NEW DELHI: India's planned 180,000 barrel per day (bpd) refinery in the desert state of Rajasthan to buy 50,000 bpd oil

Published 09 Jan, 2018 09:23pm

Energy

Asia Distillates-Jet fuel cash differential stays weak; no deals

SINGAPORE: Asia's jet fuel cash differential was unchanged at 30 cents discount to Singapore quotes on Tuesday with no c

Published 09 Jan, 2018 07:15pm

Energy

US oil prices hit highest since 2015, but doubts loom over rally

SINGAPORE: US oil prices hit their highest since 2015 again on Tuesday as speculators bet on further price rises ami

Published 09 Jan, 2018 05:16am

Energy

Oil prices edge up on lower US rig count, but below recent highs

SINGAPORE: Oil prices firmed on Monday on the back of a slight decline in the number of US rigs drilling for new pro

Published 08 Jan, 2018 06:25am

Energy

Asia-Pacific Crude-Vietnam keeps Dai Hung for local refinery

SINGAPORE: Vietnam's PV Oil has awarded a tender to sell Dai Hung crude loading in the first half of 2018 to the country

Published 05 Jan, 2018 03:43pm

Energy

Oil prices hold near 2015 highs, but doubts over rally emerge

SINGAPORE: Oil prices held firm on Friday, with Brent crude up by more than 10 percent from its December lows on the

Published 05 Jan, 2018 05:51am

Energy

Oil prices hit fresh highs as market tightens

SINGAPORE: Oil prices on Thursday hit fresh two-and-a-half year highs and were at levels last seen at the start of t

Published 04 Jan, 2018 05:15am

Energy

Oil prices close to mid-2015 highs, but doubts over further rises loom

SINGAPORE: Oil prices were stable on Wednesday, not far off mid-2015 highs reached the previous session, as strong d

Published 03 Jan, 2018 05:56am

Energy

Oil trades near strongest levels since mid-2015 on Iranian unrest

SINGAPORE/LONDON: Oil prices posted their strongest start to a year since 2014 on Tuesday, with crude rising to mid-2015

Published 02 Jan, 2018 03:32pm

Energy

Oil posts strongest year opening since 2014; Iran unrest pushes up crude

SINGAPORE: Oil prices posted their strongest opening to a year since 2014 on Tuesday, with crude rising to mid-2015

Published 02 Jan, 2018 04:52am

Energy

South Korea seizes Hong Kong ship for oil transfer to North: Seoul

SEOUL: South Korea briefly seized and inspected a Hong Kong-registered ship in November for transferring oil products to

Published 29 Dec, 2017 07:30pm

Energy

Oil prices near 2015 highs on tight market

SINGAPORE: Oil prices were stable on Thursday with trading activity drying up ahead of the New Year weekend. Head

Published 28 Dec, 2017 06:13am

Energy

Oil near June 2015 high as production cuts tighten market

SINGAPORE: Oil prices were stable on Tuesday, with Brent crude lingering near 2015 highs on the back of an outlook f

Published 26 Dec, 2017 04:37am

Energy

Oil dips as US production fast approaches 10 million bpd

SINGAPORE: Oil prices dipped on Thursday as soaring US output, fast approaching 10 million barrels per day (bpd), ou

Published 21 Dec, 2017 05:53am

Energy

Oil edges up on North Sea pipeline outage, expectation of lower US crude stocks

SINGAPORE: Oil prices inched up on Wednesday, supported by expectations of a fall in US crude inventories and by the ong

Published 20 Dec, 2017 01:12am

Energy

Top polluter China unveils nationwide carbon market

BEIJING: China, the world's biggest polluter, unveiled plans on Tuesday for a national carbon market likely to becom

Published 19 Dec, 2017 01:05pm

Energy

Oil range-bound as disruptions offset by rising US output

SINGAPORE: Oil markets edged up on Tuesday as the Forties pipeline outage in the North Sea and voluntary production

Published 19 Dec, 2017 05:24am

Energy

Asian LNG spot prices jump after European gas outages

LONDON: Asian liquefied natural gas (LNG) spot prices jumped this week in reaction to volatile price spikes on European

Published 15 Dec, 2017 10:15pm

Energy

Hundreds of Kazakh coal miners agree to end strike: govt

ASTANA: A strike that saw hundreds of miners down tools and refuse to surface from a chain of coal pits in central Kazak

Published 15 Dec, 2017 07:48pm

Energy

Oil prices stable on tighter market, but rising US output looms for 2018

SINGAPORE: Oil markets were stable on Friday as the Forties pipeline outage in the North Sea and ongoing OPEC-led pr

Published 15 Dec, 2017 06:50am

Energy

South Korea's Nov Iran crude oil imports fall to 5 month low

SEOUL: South Korea's Iranian crude oil imports in November dropped to the lowest level since June, due to reduced shipme

Published 15 Dec, 2017 12:58am

Energy

Oil prices up on lower US crude stocks, but growing output caps gains

SINGAPORE: Oil markets rose on Thursday, lifted by a fourth straight weekly fall in U.S. crude inventories, though c

Published 14 Dec, 2017 05:28am

Energy

Oil prices recover on big US crude stock drawdown, pipeline shutdown supports

TOKYO: Oil prices rose on Wednesday as industry data showed a larger-than-expected drawdown in U.S. crude stockpiles

Published 13 Dec, 2017 05:15am

Energy

Oil recovers on big US crude stock drawdown

TOKYO: Oil prices rose in early Asian trade on Wednesday as industry data showed a larger-than-expected drawdown in US c

Published 13 Dec, 2017 02:23am

Energy

Brent oil may bounce to $64.72

SINGAPORE: Brent oil may break a resistance at $64.03 per barrel, and bounce more towards the next resistance at $64.72

Published 13 Dec, 2017 01:53am

Energy

Brent crude prices near 2015 high after North Sea pipeline disruption

SINGAPORE: Brent crude oil prices were near 2015 highs on Tuesday after the unplanned closure of a major North Sea pipel

Published 12 Dec, 2017 02:06am

Energy

Saudi Arabia to supply full Jan crude volumes to several Asian buyers

TOKYO/SINGAPORE: Saudi Arabia, the world's top oil exporter, will supply full contractual volumes of crude to five N

Published 11 Dec, 2017 06:13am

Energy

Oil prices drop on increased US drilling activity

SINGAPORE: Oil prices fell on Monday as last week's rise in the US rig count pointed to a further increase in Americ

Published 11 Dec, 2017 04:58am

Energy

Oil prices steady as Chinese demand counters stronger dollar

SINGAPORE: Oil prices were stable on Friday, held back by a strengthening US dollar but supported by China's relentl

Published 08 Dec, 2017 06:24am

Energy

Brent oil may gain more to $62.47

SINGAPORE: Brent oil may gain more to $62.47 per barrel, as it could have completed a correction from the Nov. 7 high of

Published 08 Dec, 2017 01:51am

Energy

Oil dips on rising US fuel stocks, but OPEC's supply cuts offer support

SINGAPORE: Oil prices dipped on Wednesday, as refined product inventories in the United States rose in what the mark

Published 06 Dec, 2017 05:05am

Energy

Oil prices edge up on expected drop in US crude stocks

SEOUL: Oil markets nudged higher on Tuesday, buoyed by expectations of a drop in US crude stockpiles and after last

Published 05 Dec, 2017 06:27am

Energy

Qatar raises Nov Marine crude to $61.45/bbl

SINGAPORE: Qatar has set its November retroactive official selling price (OSP) for its Marine crude at $61.45 a barrel,

Published 04 Dec, 2017 09:11pm

Energy

Oil prices fall after US drillers add rigs

TOKYO: Oil fell on Monday after US shale drillers added more rigs last week, but prices still held close to their hi

Published 04 Dec, 2017 05:17am

Energy

Japan's total oil sales fall to lowest in Oct for at least 37 yrs

TOKYO: Japan's total oil sales fell to the lowest level in at least 37 years for the month of October, trade ministr

Published 30 Nov, 2017 06:56am

Energy

Oil markets on tenterhooks ahead of OPEC meeting in Vienna

SINGAPORE: Oil markets were cautious on Thursday ahead of an OPEC meeting in Vienna, with producers set to debate an

Published 30 Nov, 2017 05:16am

Energy

Oil falls on uncertainty of extended output cuts, surprise rise in US crude stocks

SINGAPORE: Oil prices fell on Wednesday on doubts OPEC and Russia will agree on extending a crude production cut to

Published 29 Nov, 2017 07:45am

Energy

Oil prices fall on pipeline restart, uncertainty over OPEC output cuts

SINGAPORE: Oil prices slipped in Asian trade on Tuesday amid uncertainty over a possible extension of output cuts by

Published 28 Nov, 2017 06:09am

Energy

Asia Fuel Oil-380-cst premiums slip as buying interest fades

SINGAPORE: A lack of buying interest despite lower supplier offers relative to the previous session for physical cargoes

Published 23 Nov, 2017 11:12pm

Energy

Asia Distillates-Lower stocks, Chinese demand support diesel

SINGAPORE: A fall in gasoil and jet fuel inventory and a rise in domestic demand for gasoil in China is supporting margi

Published 23 Nov, 2017 11:00pm

Energy

Asia Naphtha/Gasoline-Naphtha demand persists, supply stays low

SINGAPORE: Asia's naphtha crack slipped 0.1 percent to a two-session low of $125.53 per tonne on Thursday, with little c

Published 23 Nov, 2017 10:45pm

Energy

Asia-Pacific Crude-Vietnamese grades stay firm

SINGAPORE: Spot premiums for Vietnamese grades loading in January held steady in the Asia-Pacific market on Thursday on

Published 23 Nov, 2017 10:40pm

Energy

Oil prices dip after US crude hits near 2-yr high on pipeline shutdown

SINGAPORE: Oil prices eased on Thursday, with U.S. crude dipping away from two-year highs reached the day before, bu

Published 23 Nov, 2017 05:13am

Energy

India's North American coal imports may surge on domestic shortage

NEW DELHI: India's coal imports from North America are likely to surge as buyers are looking to boost purchases amid a d

Published 22 Nov, 2017 09:38pm

Energy

Asia-Pacific Crude-Holds firm as tenders in focus

SINGAPORE: Asia-Pacific crude held steady on Wednesday, as traders look ahead to tenders for more price direction, while

Published 22 Nov, 2017 09:04pm

Energy

Oil prices firm on expected OPEC cut extension, US crude stock draw

SINGAPORE: Oil prices climbed on Wednesday after a reported fall in US crude inventories and on expectations that an

Published 22 Nov, 2017 04:19am

Energy

Oil prices steady as rising US output undermines OPEC cuts

SINGAPORE: Oil prices were little changed on Tuesday as the impact from expectations of an extended OPEC-led product

Published 21 Nov, 2017 04:12am

Energy

Asia-Pacific Crude-Kutubu and ESPO premiums hold steady

SINGAPORE: Asia-Pacific crude market held steady on Monday with more January-loading cargoes trading at similar levels t

Published 20 Nov, 2017 09:55pm

Energy

Oil markets tepid ahead of Nov 30 OPEC meeting

SINGAPORE: Oil markets were tepid on Monday as traders were reluctant to take on big new positions ahead of an OPEC

Published 20 Nov, 2017 05:05am

Energy

Oil stable as OPEC cuts counter rising US supplies

SINGAPORE: Oil markets were stable on Thursday as rising US crude production and inventories were countered by expec

Published 16 Nov, 2017 05:13am

Energy

Uzbekistan hikes gasoline, diesel fuel prices amid deficit

TASHKENT: Uzbekistan raised gasoline prices by about 40 percent and diesel by about 70 percent on Wednesday amid chronic

Published 15 Nov, 2017 09:41pm

Energy

Oil prices extend losses in Asia after demand warning

SINGAPORE: Oil prices tumbled more than one percent on Wednesday in ASia, extending the previous day's sharp falls a

Published 15 Nov, 2017 07:58am

Energy

Middle East Crude-January cargoes trade at premium

SINGAPORE: The Middle East crude market weakened on Tuesday after benchmarks Dubai and DME Oman edged down from the prev

Published 14 Nov, 2017 08:50pm

Energy

Oil markets cautious as rising US output undermines OPEC supply cuts

SINGAPORE: Oil prices fell on Tuesday as the prospect of further rises in US output undermined ongoing OPEC-led prod

Published 14 Nov, 2017 04:47am

Energy

Oil trading cautious on Middle East tensions, rising US drilling activity

SINGAPORE: Oil trading was cautious on Monday amid ongoing tensions in the Middle East and after a rising rig count

Published 13 Nov, 2017 05:30am

Energy

Oil markets stable, but doubts over recent bull run emerge

SINGAPORE: Oil prices held steady on Thursday after falling late in the previous session, supported by ongoing suppl

Published 09 Nov, 2017 04:27am

Energy

Indian Oil Corp starts crude oil trading through Singapore subsidiary

NEW DELHI: India's top refiner Indian Oil Corp on Wednesday began trading crude oil through its Singapore unit, buying a

Published 08 Nov, 2017 11:00pm

Energy

Oil dips on profit taking but remains near two-year highs

SINGAPORE: Oil markets dipped on Wednesday as traders took profits after crude prices hit two-year highs, but market

Published 08 Nov, 2017 04:14am

Energy

Indonesia sets Oct Minas crude price at $54.71/bbl

SINGAPORE: Indonesia has set the official Indonesia Crude Price (ICP) for Minas crude oil at $54.71 a barrel for October

Published 07 Nov, 2017 03:31pm

Energy

Oil at $70/barrel already a reality for some as Asian premium bites

SINGAPORE: The rising demand for crude oil that can more easily produce transportation fuels when refined has some Austr

Published 07 Nov, 2017 03:13pm

Energy

Asia Naphtha/Gasoline-Naphtha spot premiums strengthen on demand

SINGAPORE: Asia's naphtha crack recovered 1.65 percent to reach a near 22-month high while spot premiums treaded higher

Published 07 Nov, 2017 03:05pm

Energy

Asia Fuel Oil-Cracks slip further as rising crude prices weigh, premiums slip

SINGAPORE: Elevated crude oil prices continued to weigh on Asia's fuel oil crack for a third consecutive session on Tues

Published 07 Nov, 2017 03:01pm

Energy

Asia-Pacific Crude-Wider Brent-Dubai to limit arbitrage flow

SINGAPORE: The Asia-Pacific crude market held steady on Tuesday as traders awaited results of ONGC's Sokol tender for pr

Published 07 Nov, 2017 02:57pm

Energy

Oil prices edge down from near 2-1/2 year high

TOKYO: Oil prices edged lower on Tuesday after posting the biggest gains in six weeks a day earlier, buoyed by moves

Published 07 Nov, 2017 04:25am

Energy

North Sea Crude-Diffs rise as Shell, Glencore book tankers for Asia

LONDON: Forties crude differentials rose on Monday, tracking a surge in Brent crude futures to 2-1/2-year highs and as S

Published 06 Nov, 2017 08:14pm

Energy

Fuel shortage grips Sri Lanka

COLOMBO: A Sri Lankan minister was forced Monday to apologise for a fuel shortage that has seen long queues form at gas

Published 06 Nov, 2017 07:39pm

Energy

Asia-Pacific Crude-January loading programmes eyed

SINGAPORE: Trade in the Asia-Pacific crude market was muted on Monday with traders awaiting January-loading programmes t

Published 06 Nov, 2017 07:09pm

Energy

Asia Fuel Oil-Cracks slip but still 'strong' as crude oil climbs

SINGAPORE: The discount of Asia's fuel oil crack to crude oil widened slightly on Monday but was still "strong" in spite

Published 06 Nov, 2017 02:06pm

Energy

Oil hits highest levels since 2015 amid tightening markets, Saudi purge

SINGAPORE: Oil prices hit their highest levels since July 2015 early on Monday as markets tightened, while Saudi Ara

Published 06 Nov, 2017 04:55am

Energy

Asia Distillates-Gasoil margin slips on ample stocks

SINGAPORE: The Asian gasoil margin slipped on Friday as stocks of the fuel remained ample in the region, with economics

Published 03 Nov, 2017 06:24pm

Energy

Azerbaijan oil shipped via Russia jumps in Jan-Oct

BAKU: Azerbaijan's oil shipments via Russia jumped to 1.242 million tonnes in January-October from 978,240 tonnes a year

Published 02 Nov, 2017 05:21pm

Energy

Oil stable as US crude inventories fall despite rising production

SINGAPORE: Oil prices held steady on Thursday as US crude inventories fell despite a rise in production, while outsi

Published 02 Nov, 2017 05:40am

Energy

Bangladesh tenders for up to 1.27mn T oil products

DHAKA: Bangladesh Petroleum Corp (BPC) issued an international tender on Wednesday to import refined oil products for th

Published 01 Nov, 2017 11:26pm

Energy

Asia-Pacific Crude-Petronas sells new grade Ophir Light

SINGAPORE: Malaysia's Petronas sold a new grade in the Asia-Pacific crude market, traders said on Wednesday, while spot

Published 01 Nov, 2017 10:31pm

Energy

Middle East Crude-Benchmarks off to strong start in Nov

SINGAPORE: The Middle East crude market kicked off November on a strong note, with Dubai and Oman benchmarks at 70-80 ce

Published 01 Nov, 2017 07:11pm

Energy

Asia Naphtha/Gasoline-Supply squeeze lifts naphtha to near-22-month peak

SINGAPORE: Asia's naphtha crack extended gains to reach its highest since Jan. 8, 2016, at $119.35 a tonne on Wednesday

Published 01 Nov, 2017 12:36pm

Energy

Oil prices stable as OPEC-led supply cuts tighten mkt, but some caution remains

SINGAPORE: Oil prices were stable early on Tuesday, supported by a tightening market due to ongoing OPEC-led efforts

Published 31 Oct, 2017 04:37am

Energy

Asia Naphtha/Gasoline-Naphtha slips as high oil price weighs

SINGAPORE: Asia's naphtha crack eased from a near 22-month high to a four-session low of $113.38 a tonne on Monday as st

Published 30 Oct, 2017 07:36pm

Energy

Oil markets stable on expected extension of output cuts

SINGAPORE: Oil markets were stable on Monday, with Brent remaining above $60 per barrel supported by expectations th

Published 30 Oct, 2017 05:26am

Energy

Crude oil output from Mexico's Pemex falls 18pc in September

MEXICO CITY: Mexican national oil company Pemex reported on Friday that September crude production fell 18 percent f

Published 28 Oct, 2017 05:09am

Energy

Indian firms eye stake in Adnoc's offshore oil concession

NEW DELHI: Indian oil firms are in talks with state-run Abu Dhabi National Oil Co (Adnoc) to acquire a stake in its ADMA

Published 27 Oct, 2017 06:06pm

Energy

Oil prices inch lower on increases in US crude inventories, production

TOKYO: Oil prices inched lower on Thursday, pressured by an unexpected increase in US crude inventories and as oil o

Published 26 Oct, 2017 07:36am

Energy

Asian shares edge up, Nikkei aims for 17th straight gain

TOKYO: Asian shares edged higher on Wednesday, while U.S. Treasury yields and the dollar got a lift following a repo

Published 25 Oct, 2017 05:42am

Energy

Oil hovers near four-week high on Saudi pledge to end glut

TOKYO: Oil prices were largely steady on Wednesday, hovering near a four-week high hit a day earlier after top expor

Published 25 Oct, 2017 05:13am

Energy

Oil prices inch up, support from drop in southern Iraq exports

TOKYO: Oil prices inched up on Tuesday, getting support from a decline in oil exports from OPEC's second-biggest pro

Published 24 Oct, 2017 09:25am

Energy

Southeast Asian oil demand to keep growing until at least 2040: IEA

SINGAPORE: Southeast Asian demand for oil will keep growing until at least 2040 as emerging nations there rely on th

Published 24 Oct, 2017 03:53am

Energy

Oil prices rise on tightening supply, strong demand

SINGAPORE: Oil prices rose on Monday over supply concerns in the Middle East and as the U.S. market showed further s

Published 23 Oct, 2017 05:39am

Energy

Oil rises on tighter fundamentals, but China warning holds back market

SINGAPORE: Oil prices edged up on Friday, supported by signs of tightening supply and demand fundamentals, although

Published 20 Oct, 2017 05:58am

Energy

Oil markets firm on tighter US market, expected extension of OPEC supply cuts

SINGAPORE: Oil prices were firm on Thursday, supported by ongoing supply cuts led by OPEC, tensions in the Middle Ea

Published 19 Oct, 2017 05:41am

Energy

Oil prices rise on tighter US market, Middle East tensions

SINGAPORE: Oil prices rose on Wednesday, lifted by a fall in U.S. crude inventories and concerns that tensions in th

Published 18 Oct, 2017 05:37am

Energy

Asia Fuel Oil-Cracks climb to 3 week high despite rising crude

SINGAPORE: Despite rising crude oil prices, Asia's November fuel oil crack to Dubai crude climbed to a near three-week h

Published 16 Oct, 2017 04:28pm

Energy

Oil jumps on fears of new Iran sanctions, Iraq conflict

SINGAPORE: Oil markets jumped on Monday on concerns over potential renewed U.S. sanctions against Iran as well as co

Published 16 Oct, 2017 05:40am

Energy

Oil drops on rising US crude inventories, OPEC seen to extend cuts

SINGAPORE: Oil prices eased on Thursday as US fuel inventories rose despite efforts by OPEC to cut production and ti

Published 12 Oct, 2017 07:43am

Energy

Oil up on signs of tighter market, but 2018 looks more uncertain

SINGAPORE: Oil prices edged up on Wednesday, extending 2 percent gains recorded the previous day, on signs that mark

Published 11 Oct, 2017 04:46am

Energy

Middle East Crude-Stays firm; Sellers bullish on limited arbitrage

SINGAPORE: The Dubai Middle East crude benchmark was little changed on Tuesday, underpinned by purchases from Chinaoil.

Published 10 Oct, 2017 06:39pm

Energy

Asia Fuel Oil-380-cst cash premiums near 1-month low, spreads recoup some losses

SINGAPORE: Cash premiums of Asia's 380-cst high-sulphur fuel oil fell to a near one-month low on Tuesday amid weaker dea

Published 10 Oct, 2017 06:20pm

Energy

OPEC considers second meeting with US independent oil firms

NEW DELHI: The Organization of the Petroleum Exporting Countries is seeking to hold a second meeting with US independent

Published 10 Oct, 2017 03:52pm

Energy

Oil prices stable as OPEC says market is rebalancing

SINGAPORE: Oil prices were steady on Tuesday as OPEC said there were clear signs the market was rebalancing and as U

Published 10 Oct, 2017 04:26am

Energy

Oil up on expectation of Saudi production restraint, lower US rig count

SINGAPORE: Oil prices edged up on Monday, halting a 2 percent slide from Friday, on expectations that Saudi Arabia w

Published 09 Oct, 2017 04:57am

Energy

Oil stabilizes on expectations of extended output cut, but US crude exports drag

SINGAPORE: Oil prices stabilised on Thursday on expectations that Saudi Arabia and Russia would extend production cu

Published 05 Oct, 2017 04:50am

Energy

Asia Naphtha/Gasoline-Naphtha crack slips to near three-week low

SINGAPORE: Asia's naphtha crack slipped to nearly a three-week low of $91.18 a tonne, weighed down by general weakness i

Published 04 Oct, 2017 07:03pm

Energy

US oil dips below $50 over doubts recent rally will last

SINGAPORE: Oil prices eased on Wednesday, with US crude dipping below $50 per barrel, pulled down by caution that a

Published 04 Oct, 2017 04:57am

Energy

Asia Naphtha/Gasoline-Naphtha intermonth spread highest since May

SINGAPORE: Asia's benchmark open-specification naphtha price for second-half November was $4.50 a tonne more than second

Published 03 Oct, 2017 10:01pm

Energy

Asia Fuel Oil-380-cst time spread falls but near-term outlook remains firm

SINGAPORE: Asia's front-month time spread fell to its lowest in two weeks on Tuesday, but sentiment remained bullish on

Published 03 Oct, 2017 07:02pm

Energy

Middle East Crude-Benchmarks edge down; OSPs awaited

SINGAPORE: The Middle East crude benchmarks edged down on Tuesday as traders await monthly official selling prices from

Published 03 Oct, 2017 01:39pm

Energy

Oil prices fall for second day on oversupply concerns

TOKYO: Oil prices fell on Tuesday, declining for a second day and sapping more strength from a third-quarter rally,

Published 03 Oct, 2017 04:33am

Energy

OECD oil stocks set for ‘substantial’ 2017 draw, but may rise in 2018

SINGAPORE: Forecasts for US shale oil growth and uncertainty around China's crude imports may see oil stocks buildin

Published 02 Oct, 2017 04:56am

Energy

Oil prices lower after strong third quarter as Sept. OPEC output rises

TOKYO: Oil prices fell on Monday, pausing for breath after posting gains of as much as 20 percent in the third quart

Published 02 Oct, 2017 04:52am

Energy

South Korea's KNOC refreshes Iraqi crude supplies in oil reserves

SEOUL/SINGAPORE: Korea National Oil Corp (KNOC) issued several tenders to buy and sell Iraqi crude from its strategic pe

Published 30 Sep, 2017 04:07am

Energy

China raises retail gasoline, diesel prices

BEIJING: China will raise the retail prices of gasoline by 210 yuan ($31.58) per tonne and diesel by 195 yuan per tonne

Published 30 Sep, 2017 12:56am

Energy

Vietnam's Sept crude oil output falls 9.9pc y/y to 1.06mn T

HANOI: Vietnam's crude oil output in September is estimated at 1.06 million tonnes (259,000 barrels per day), down 9.9 p

Published 29 Sep, 2017 01:07pm

Energy

Oil falls as US data shows mixed picture

TOKYO: Oil prices fell on Thursday, with US crude giving up some of the previous session's gains that were driven by

Published 28 Sep, 2017 05:49am

Energy

Strong growth in fuel demand accelerates oil market rebalancing

SINGAPORE: Strong oil demand growth in emerging economies led by China and India, but also from Europe, is drawing down

Published 26 Sep, 2017 07:50pm

Energy

Oil rises to 26-month high; Turkey threatens to cut Kurdistan oil pipeline

TOKYO: Oil prices took a breather on Tuesday after Brent crude earlier rose to a 26-month high, supported by Turkey'

Published 26 Sep, 2017 06:51am

Energy

Asia Fuel Oil-Sentiment boosts 380-cst time spread to near 5-month high

SINGAPORE: Backwardation in the front-month time spread of Asia's 380-cst fuel oil rose to its widest May 5 on Monday, b

Published 25 Sep, 2017 05:05pm

Energy

Oil holds gains as producers say market rebalancing

TOKYO: Oil prices stood little changed on Monday, keeping most of their gains from the previous session to hold near

Published 25 Sep, 2017 06:23am

Energy

China bans petroleum exports to North Korea

SHANGHAI: China said on Saturday it will ban exports of some petroleum products to North Korea, as well as imports o

Updated 23 Sep, 2017 07:55am

Energy

India's oil output fell 1.56 percent to 3.02mn T in Aug

NEW DELHI: India's crude oil production in August declined 1.56 percent to 3.02 million tonnes from a year ago, while na

Published 22 Sep, 2017 03:23pm

Energy

Asia Fuel Oil-Cash premiums near 3-month high, fewer suppliers offer cargoes

SINGAPORE: Firm buying interest and few supplier offers in the Platts window on Friday helped boost cash premiums of Asi

Published 22 Sep, 2017 03:17pm

Energy

Middle East Crude-Oman's premium tops $1/bbl after China issues quotas

SINGAPORE: The Middle East crude market stayed strong on Friday with DME Oman's premium extending gains for a second ses

Published 22 Sep, 2017 03:15pm

Energy

Oil rises after Iraq signals possible OPEC cut extension

TOKYO: Oil prices rose on Wednesday after Iraq's oil minister said OPEC and other crude producers were considering e

Published 20 Sep, 2017 04:40am

Energy

US oil prices hit $50 on rising refinery demand, falling rig count

SINGAPORE: US crude oil prices rose above $50 per barrel on Monday and were near last week's multi-month highs as th

Published 18 Sep, 2017 09:09am

Energy

Oil markets firm on rising refinery demand, falling U.S. rig count

SINGAPORE: Oil markets were firm on Monday and remained near multi-month highs reached late last week as the number

Published 18 Sep, 2017 04:56am

Energy

Oil holds gains, buoyed by hopes for robust demand

TOKYO: Oil prices eased on Thursday, but held on to most of their gains in the previous session when the market was

Published 14 Sep, 2017 06:37am

Energy

Oil prices mixed as US stockpile rise takes shine off OPEC higher demand view

TOKYO: Oil prices were mixed on Wednesday, dampened by reports of rising US crude stockpiles but retaining some of t

Published 13 Sep, 2017 06:05am

Energy

Oil prices dip as traders assess US hurricane impact

SEOUL: Oil prices edged down on Tuesday, as traders weighed up the dampening effect on demand of Hurricane Irma vers

Published 12 Sep, 2017 05:57am

Energy

Oil edges up as Saudis discuss extending supply cut

TOKYO: Oil prices edged up on Monday after the Saudi oil minister discussed possibly extending a pact to cut global

Published 11 Sep, 2017 05:18am

Energy

Corn up for second day on expectations of lower US yields

SINGAPORE: Chicago corn futures rose for a second session on Monday on expectations of a marginally lower yield-fore

Published 11 Sep, 2017 05:17am

Energy

Oil markets dip storm Harvey fallout; Hurricane Irma heads into Caribbean

SINGAPORE: Oil prices slipped on Wednesday as crude demand remained subdued on the back of refinery closures followi

Published 06 Sep, 2017 04:16am

Energy

Oil markets volatile in wake of Hurricane Harvey, North Korea nuclear test

SINGAPORE: Oil markets were volatile on Monday, with U.S. crude rising on production shutdowns while international B

Published 04 Sep, 2017 05:20am

Energy

Crude falls as flooding from Harvey roils US oil industry

TOKYO: US crude futures fell in Asian trading on Friday, partly reversing sharp gains from the previous session, ami

Published 01 Sep, 2017 05:27am

Energy

Crude dips, gasoline spikes as floods knock out almost a quarter of US refineries

SINGAPORE: Oil prices dipped on Wednesday but gasoline spiked to its highest since mid-2015 as flooding in the wake

Published 30 Aug, 2017 07:53am

Energy

Oil markets roiled as Hurricane Harvey hits US petroleum industry

SINGAPORE: Oil markets were roiled on Monday after Hurricane Harvey wreaked havoc along the US Gulf coast over the w

Published 28 Aug, 2017 06:40am

Energy

Oil prices fall on concerns of oversupply as Libyan output recovers

SINGAPORE: Oil prices fell on Wednesday, weighed down by concerns of oversupply as Libyan output improves and as U.S

Published 23 Aug, 2017 06:10am

Energy

Oil prices edge up on signs of gradually tightening market

SINGAPORE: Oil prices rose on Tuesday, lifted by indications that supply is gradually tightening, especially in the

Published 22 Aug, 2017 06:39am

Energy

Oil steady as market conditions tighten despite rising US output

SINGAPORE: Oil markets were stable on Monday, largely holding on to Friday's big gains even though rising U.S. outpu

Published 21 Aug, 2017 06:00am

Energy

Oil edges up on decline in US crude stocks, but high output caps gains

SINGAPORE: Oil prices edged up on Thursday, clawing back some ground after losses in the previous session. Trader

Published 17 Aug, 2017 07:00am

Energy

Oil prices edge up on falling US crude stocks, but global glut still weighs

SINGAPORE: Oil prices edged up on Wednesday on a fall in U.S. crude inventories, although markets were still being w

Published 16 Aug, 2017 04:00am

Energy

Asia Naphtha/Gasoline-Gasoline rebounds to 6-month high; naphtha up

SINGAPORE: Asia's gasoline crack rebounded to a six-month high at $12.96 a barrel on Tuesday following a brief fall in t

Published 15 Aug, 2017 07:26pm

Energy

Iran resumes oil swap in Caspian Sea

TEHRAN: In a bid to strengthen the country's strategic position in the region, Iran has resumed oil swap operations

Published 15 Aug, 2017 12:19pm

Energy

Oil prices steady after overnight tumble on dollar strength, China concerns

SINGAPORE: Oil prices steadied on Tuesday after sharp falls the session before to the lowest in about three weeks as

Published 15 Aug, 2017 08:17am

Energy

Oil prices dip on weak Chinese refining activity

SINGAPORE: Oil prices dipped on Monday as a slowdown in Chinese refining activity growth cast doubts over its crude

Published 14 Aug, 2017 07:30am

Energy

Middle East Crude-Market jumps on robust Asia demand

SINGAPORE: The Middle East crude market jumped on Thursday with spot October cargoes trading at premiums at more than on

Published 10 Aug, 2017 08:54pm

Energy

Asia Fuel Oil-Fuel oil crack spread at its lowest since early June

SINGAPORE: Asia's 180-cst crack spread hit a discount of $2.16 against Dubai crude, the steepest discount since early Ju

Published 10 Aug, 2017 03:36pm

Energy

Oil rises as inventory overhang erodes and Saudi cuts exports

LONDON: Oil prices rose on Thursday, lifted by a sustained decline in inventories and as Saudi Arabia prepared to cu

Published 10 Aug, 2017 10:15am

Energy

Saudi cuts Sept crude supplies to most Asian buyers by up to 10pc

SINGAPORE/TOKYO: The world's top crude oil exporter Saudi Arabia will cut supplies to most buyers in Asia by up to 1

Published 08 Aug, 2017 05:26am

Energy

Asia Fuel Oil-Fuel oil crack stronger but cash deals slower

SINGAPORE: Asia's 180-centistoke (cst) fuel oil's discount to Dubai crude closed at $1.75, its narrowest in about a week

Published 07 Aug, 2017 08:14pm

Energy

Asia-Pacific Crude-Oct NWS condensate supply edges up; premiums seen supported

SINGAPORE: First offers for October-loading regional cargoes are due to emerge following the release of some Australian

Published 07 Aug, 2017 08:13pm

Energy

Oil eases as rising output weighs, but still near 9-week highs

SEOUL: Oil prices edged down on Monday but still held near nine-week highs, supported by robust U.S. jobs data last

Published 07 Aug, 2017 06:09am

Energy

Oil falls on high OPEC supplies, defying falling US crude stocks

SINGAPORE: Oil fell on Thursday as a rally that has pushed up prices by almost 10 percent since early last week lost

Published 03 Aug, 2017 07:19am

Energy

Asia-Pacific Crude-Vietnamese offers continue late in trade cycle

SINGAPORE: More offers for September-loading Vietnamese crude have been released even as the market has shifted its focu

Published 02 Aug, 2017 07:15pm

Energy

Asia Distillates-Diesel differential climbs as traders anticipate demand

SINGAPORE: The Asian diesel cash differential climbed on Wednesday as traders anticipated higher demand from Europe foll

Published 02 Aug, 2017 07:14pm

Energy

Oil down 1pc on surprise rise in US inventories, high OPEC output

SINGAPORE: Oil prices fell 1 percent on Wednesday, with rising US fuel inventories pulling US crude back below $50 p

Published 02 Aug, 2017 07:03am

Energy

Azerbaijan's oil shipments via Russia jump to 818,664 tonnes in Jan-July

BAKU: Azerbaijan's oil shipments via Russia jumped to 818,664 tonnes in January-July this year from 559,065 tonnes in th

Published 01 Aug, 2017 07:30pm

Energy

Asia Naphtha/Gasoline-Naphtha on winning streak; over 3-month high

SINGAPORE: Asia's naphtha crack rose for the fifth straight session on Tuesday to reach slightly over a three-month high

Published 01 Aug, 2017 07:06pm

Energy

Asia Fuel Oil-Crack stays near two-month low on ample supplies

SINGAPORE: Asia's 180-centistoke (cst) fuel oil crack at a discount of about $1.85 to Dubai crude was mostly unchanged o

Published 01 Aug, 2017 07:05pm

Energy

ADNOC finalises July 2017 to June 2018 diesel term contract

SINGAPORE: Abu Dhabi National Oil Company has finalised its July 2017 to June 2018 diesel term contract at a higher prem

Published 01 Aug, 2017 07:03pm

Energy

US oil prices open above $50 for first time since May, but headwinds persist

SINGAPORE: US oil opened above $50 per barrel for the first time since late May on Tuesday, supported by strong fuel

Published 01 Aug, 2017 06:01am

Energy

Vietnam oil exec turns himself in after months on the run

HANOI: A former oil executive accused of gross mismanagement at one of Vietnam's largest state-run firms turned himself

Published 31 Jul, 2017 10:12pm

Energy

Oil hits 2-month high on tighter US market, Venezuela sanctions risk

SINGAPORE: Oil prices hit a two-month high on Monday, lifted by a tightening U.S. crude market and the threat of san

Published 31 Jul, 2017 07:52am

Energy

Sinopec to invest $5bn in gas pipeline for new economic zone

BEIJING: China Petrochemical Corporation (Sinopec) will invest 34.4 billion yuan ($5.1 billion) in a gas pipeline projec

Published 25 Jul, 2017 03:55pm

Energy

Asia Fuel Oil-Crack falls as traders look past unusual India demand

SINGAPORE: Asia's 180-centistoke fuel oil crack weakened to a discount of 67 cents on Tuesday versus 53 cents the previo

Published 25 Jul, 2017 03:45pm

Energy

Middle East Crude-Indian demand supports Oman, Upper Zakum

SINGAPORE: Medium sour grades remained supported in the Middle East crude market on Monday after Indian refiners swept u

Published 24 Jul, 2017 05:19pm

Energy

Asia-Pacific Crude-More September offers emerge late in trade cycle

SINGAPORE: A string of sell tenders for September-loading regional crude surfaced late in the Asia-Pacific monthly trade

Published 24 Jul, 2017 04:49pm

Energy

Asia Naphtha/Gasoline-Naphtha eases; firm China demand in June

SINGAPORE: Asia's naphtha crack eased to a two-session low of $63.35 a tonne on Monday, down from a nine-week high on Ju

Published 24 Jul, 2017 04:48pm

Energy

Oil steady ahead of producer meeting; Nigeria, Libya output in focus

TOKYO: Oil prices held around a one-week low on Monday ahead of a joint OPEC and non-OPEC meeting later in the day t

Published 24 Jul, 2017 06:21am

Energy

China June diesel exports rise on year ago

BEIJING: China's exports of diesel rose in June on a year ago as refiners turn to foreign markets to offload their e

Published 23 Jul, 2017 06:57am

Energy

Asia Distillates-Gasoil cracks surge to nine-month high

SINGAPORE: The Asian gasoil margin climbed to its highest since early November on Friday after a sharp decline in Europe

Published 21 Jul, 2017 03:08pm

Energy

India refiner HPCL sees more scope for foreign buys after ONGC deal

NEW DELHI: Indian state refiner Hindustan Petroleum Corp sees itself better placed to buy overseas downstream assets onc

Published 20 Jul, 2017 07:19pm

Energy

Oil steady after big drop in US fuel stocks, but markets remain bloated

SINGAPORE: Oil prices held steady on Thursday, hanging on to gains made the previous session when falling US crude s

Published 20 Jul, 2017 06:19am

Energy

Vietnam plans oil reserves equivalent of 90 days of imports by 2020

HANOI: Vietnam's prime minister has approved a plan for the country's total crude oil and oil product stocks to be at le

Published 19 Jul, 2017 09:26pm

Energy

Indian govt refiners to buy less Iran oil in 2017/18

NEW DELHI: India's state refiners plan to buy less Iranian oil in 2017/18 compared with the last fiscal year, Oil Minist

Published 19 Jul, 2017 03:27pm

Energy

Asia Fuel Oil-Market shrugs off Fujairah inventory build

SINGAPORE: Asia's fuel oil market shrugged off a large inventory build in the Fujairah oil hub with 380-cst cash premium

Published 19 Jul, 2017 02:02pm

Energy

Oil dips on rising US crude inventories, high OPEC supplies

SINGAPORE: Oil prices fell on Wednesday after a rise in US crude inventories and ongoing high output from OPEC produ

Published 19 Jul, 2017 06:08am

Energy

Sri Lankan shares fall for fifth session in six

COLOMBO: Sri Lankan shares closed lower on Tuesday, marking their fifth session of decline in six, although foreign inve

Published 18 Jul, 2017 08:38pm

Energy

Asia Fuel Oil-Aggressive supplier offers weigh on cash premiums

SINGAPORE: Asia's 380-cst fuel oil cash premiums fell to a near one-week low and closer to parity on Tuesday amid weaker

Published 18 Jul, 2017 07:10pm

Energy

Azerbaijan's oil and natural gas output fall in first half

TBILISI: Azerbaijan's oil production dropped by 9 percent year-on-year to 19.161 million tonnes in the first half of 201

Published 17 Jul, 2017 07:22pm

Energy

Asia Fuel Oil-Arbitrage spreads squeezed shut, cracks widen

SINGAPORE: Arbitrage spreads from northwest Europe into Asia fell to some of their lowest levels in months despite tight

Published 17 Jul, 2017 07:21pm

Energy

Oil prices rise on strong China demand, signs of US output slowdown

SINGAPORE: Oil prices rose on Monday, supported by a slowdown in the growth of rigs looking for crude in the United

Published 17 Jul, 2017 05:35am

Energy

Oil stable as strong Chinese demand eases concern of ongoing glut

SINGAPORE: Oil prices were stable on Thursday as strong demand from China eased concerns of an ongoing fuel glut.

Published 13 Jul, 2017 06:34am

Energy

Asia Fuel Oil-380-cst cash premiums fall to one-month low

SINGAPORE: Asia's 380-cst fuel oil cash premiums fell to a one-month low on Wednesday as deal values slipped and supplie

Published 12 Jul, 2017 03:45pm

Energy

Middle East Crude-Sept light crude trade at premiums

SINGAPORE: The Middle East crude benchmark Dubai was little changed on Wednesday following Shell's purchases on window w

Published 12 Jul, 2017 03:36pm

Energy

Oil prices jump on falling US fuel inventories, lower production outlook

SINGAPORE: Oil prices rose more than 1 percent on Wednesday, extending gains from the previous day as the US governm

Published 12 Jul, 2017 07:49am

Energy

Oil rises on firm short-term demand outlook; overall market still weak

SINGAPORE: Oil prices edged up on Tuesday, lifted in part by a strong demand outlook for the coming weeks, but overa

Published 11 Jul, 2017 06:28am

Energy

Asia Fuel Oil-Buying interest revives 380-cst cash premiums

SINGAPORE: Cash premiums of 380-cst fuel oil rose on Monday, snapping a four-session slide, as falling flat price levels

Published 10 Jul, 2017 05:31pm

Energy

Oil recovers some losses but market still under pressure

SINGAPORE: Oil prices recovered some losses on Monday after a 3 percent fall in the previous session, but markets re

Published 10 Jul, 2017 07:11am

Energy

Asia Fuel Oil-Cash premiums sag but downside seen limited by bullish fundamentals

SINGAPORE: Asia's 380-cst fuel oil cash premiums slipped to a near 1-month low on Wednesday amid weaker buying interest,

Published 05 Jul, 2017 05:17pm

Energy

Oil prices fall ahead of US holiday after 8 days of gains

SINGAPORE: Oil prices retreated in Asian trade on Tuesday, halting a run of eight straight days of gains on signs th

Published 04 Jul, 2017 06:38am

Energy

Asia Fuel Oil-Cash premium of 380-cst holds firm

SINGAPORE: Asia's 380-centistoke (cst) fuel oil cash premium to Singapore quotes rose to $2.10 on Monday on firm demand.

Published 03 Jul, 2017 04:58pm

Energy

Total signs major Iran gas deal, defying US pressure

TEHRAN: French energy giant Total defied US pressure on Monday, signing a multi-billion-dollar gas deal with Iran, t

Published 03 Jul, 2017 01:34pm

Energy

Total to sign Iran gas deal, biggest since sanctions lifted

TEHRAN: French energy giant Total will finally sign its multi-billion-dollar agreement to develop an Iranian offshore ga

Published 02 Jul, 2017 01:35pm

Energy

Hong Kong stocks end with losses on tightening talk

HONG KONG: Hong Kong shares fell with global markets on Friday, with technology firms and lenders hit, as central banks

Published 30 Jun, 2017 12:22pm

Energy

Oil rises for 6th session, buoyed by US output decline

SINGAPORE: Crude oil rose for a sixth straight session on Thursday to its highest since June 19 on a decline in U.S.

Published 29 Jun, 2017 08:28am

Energy

Asia Naphtha/Gasoline-Cracks fall; South Korea's YNCC buys at a discount

SINGAPORE: Asia's naphtha crack fell for the fourth straight session on Wednesday to touch $54.65 a tonne, the lowest si

Published 28 Jun, 2017 02:30pm

Energy

Oil prices weighed down as US inventory gains revive glut worries

SINGAPORE: Oil markets were steady to lower on Wednesday after a report of rising US fuel and crude inventories unde

Published 28 Jun, 2017 09:35am

Energy

Asia Naphtha/Gasoline-Gasoline gains; stock draws in Asia, US

SINGAPORE: Asia's naphtha crack edged down 45 cents to a two-session low of $60.50 a tonne on Thursday but gasoline crac

Published 22 Jun, 2017 01:21pm

Energy

Middle East Crude-Oman slips, Dubai supported by Shell purchases

SINGAPORE: The Middle East crude benchmarks were mixed on Thursday with Oman slipping to a wider discount while Dubai wa

Published 22 Jun, 2017 12:44pm

Energy

Asia Distillates-Jet fuel premium holds steady on demand for cash deals

SINGAPORE: Asia's jet fuel cash differential to Singapore quotes remained at a premium for the fourth straight session o

Published 22 Jun, 2017 12:30pm

Energy

Oil prices climb off 10-month lows as US stockpiles drop

TOKYO: Oil prices rose on Thursday after US crude and gasoline stockpiles fell, but worries over whether OPEC-led output

Published 22 Jun, 2017 06:29am

Energy

Fuel oil margins rise to five-year high, potential boon for simple refiners

SINGAPORE: Fuel oil profit margins have surged to their highest in more than five years on lower supplies and rising dem

Published 21 Jun, 2017 03:07pm

Energy

Asia Fuel Oil-Cracks extend gains to 5-1/2 year high, flip to premium

SINGAPORE: Lifted by tighter supplies and firm demand since the start of the year, refining margins of Singapore 180-cst

Published 21 Jun, 2017 02:09pm

Energy

Asia Fuel Oil-Refining margins resume their climb ahead of rising summer demand

SINGAPORE: Fuel oil refining margins extended their gains on Tuesday which rose to some their highest levels since at le

Published 20 Jun, 2017 12:51pm

Energy

Asia-Pacific Crude-Trade brisk as regional tenders in focus

SINGAPORE: Trade in Asia-Pacific crude turned brisk as refiners and producers launched a series of tenders ahead of the

Published 20 Jun, 2017 12:47pm

Energy

Asia Naphtha/Gasoline-Naphtha cracks halt losses but concerns of ample supply weigh

SINGAPORE: Asia's naphtha crack snapped three consecutive sessions of declines after rising to $57.75 a tonne on Tuesday

Published 20 Jun, 2017 12:20pm

Energy

Oil prices hold near 7-month lows, glut keeps dragging

TOKYO: Oil markets held around seven-month lows on Tuesday as investors focused on persistent signs of rising supply

Published 20 Jun, 2017 07:23am

Energy

Asia Fuel Oil-Fuel oil 380-cst cash premium holds firm

SINGAPORE: Asian fuel oil cash differentials for 380-centistoke inched up 3 cents to a three-session high of a $2.25 pre

Published 16 Jun, 2017 12:55pm

Energy

Asia-Pacific Crude-August crude premiums set to rise

SINGAPORE: First deals for regional grades that are emerging point to higher premiums in the current trade cycle for Aug

Published 15 Jun, 2017 01:25pm

Energy

Asia Fuel Oil-Fuel oil gains on limited spot market supply

SINGAPORE: Asian fuel oil cash differentials increased on Thursday on the back of limited barrels in the spot market, tr

Published 15 Jun, 2017 01:02pm

Energy

S.Korea's May Iranian crude oil imports fall to 8-month low

SEOUL: South Korea's Iranian crude oil imports dropped in May to their lowest in eight months as refiners bought les

Published 15 Jun, 2017 06:38am

Energy

Asia Naphtha/Gasoline-Arbitrage flows keep naphtha supply ample

SINGAPORE: The Asian naphtha market stayed weak on Wednesday as high arbitrage inflows in June and July are expected to

Published 14 Jun, 2017 11:49am

Energy

Malaysia's Petronas set to auction Kimanis crude on Dubai exchange

SINGAPORE: Malaysia's Petronas is set to auction one of its crude grades on the Dubai Mercantile Exchange, according to

Published 14 Jun, 2017 11:35am

Energy

Asia Distillates-Jet fuel differential hits 2-week high on Chinese interest

SINGAPORE: The Asian jet fuel cash differential rose to the highest since the start of June on Wednesday on the back of

Published 14 Jun, 2017 11:32am

Energy

Asia-Pacific Crude-August Ruby offered; NWS premium edges up

SINGAPORE: Trade for August-loading cargoes has gotten underway with prices for condensates from the region making sligh

Published 14 Jun, 2017 11:26am

Energy

Oil prices fall on OPEC output increase, rising US crude stocks

SINGAPORE: Oil prices fell by one percent early on Wednesday after data showed a build in US crude stocks

Published 14 Jun, 2017 06:10am

Energy

Kuwait sells 2017/2018 annual naphtha supplies at lower premiums

SINGAPORE: Kuwait Petroleum Corp (KPC) has sealed new annual naphtha supply deals at lower premiums than a year ago, thr

Published 13 Jun, 2017 03:51pm

Energy

Asia-Pacific Crude-August supplies rise; premiums eyed steady

SINGAPORE: August-loading regional supplies are eyed higher due to record high exports of Malaysia's Kimanis crude and a

Published 13 Jun, 2017 03:49pm

Energy

Singapore May marine fuel sales fall to second lowest this year

SINGAPORE: Sale of marine fuels in Singapore in May fell to 4.181 million tonnes, down 4.2 percent from the same period

Published 13 Jun, 2017 03:45pm

Energy

Asia Distillates-Differentials higher after Singapore refinery fire

SINGAPORE: Asian gasoil and jet fuel cash differentials edged higher on Tuesday after a fire hit a crude disti

Published 13 Jun, 2017 12:58pm

Energy

Asia Fuel Oil-Cash differentials rise, but rally unlikely to be sustained

SINGAPORE: Cash premiums for 180-centistoke and 380-cst fuel oil gained on Tuesday though traders expect the increase to

Published 13 Jun, 2017 12:42pm

Energy

Middle East Crude-Dubai edges up; al-Shaheen tender awaited

SINGAPORE: Middle East crude benchmark Dubai edged up on Tuesday after Shell bought two partials. Physical trade for

Published 13 Jun, 2017 12:41pm

Energy

Middle East Crude-Benchmarks weaken; traders work around UAE ship ban

SINGAPORE: The Middle East crude market weakened on Monday as traders are working around a UAE shipping ban to move Qata

Published 12 Jun, 2017 12:53pm

Energy

Indonesia's Donggi-Senoro LNG plant sells 18 LNG cargoes so far this year

JAKARTA: Indonesia's Donggi-Senoro liquefied natural gas (LNG) plant has exported 18 cargoes this year to June 2, Aditya

Published 12 Jun, 2017 12:38pm

Energy

Asia Fuel Oil-Cash premiums ease as flows from west to increase

SINGAPORE: Cash premiums for 180-centistoke and 380-cst fuel oil eased on Monday with fuel oil imports set to climb this

Published 12 Jun, 2017 12:37pm

Energy

Crude oil, fuel shipping costs from Qatar set to rise on port ban

SINGAPORE: The costs to ship fuel and crude oil from Qatar are expected to rise after the United Arab Emir

Published 12 Jun, 2017 08:42am

Energy

Oil prices driven up by futures bets, but market remains bloated

SINGAPORE: Oil prices rose on Monday as futures traders bet the market may have bottomed after a recent st

Published 12 Jun, 2017 06:11am

Energy

Asia Fuel Oil-Refining margins ease after sharp gains over past week

SINGAPORE: Fuel oil refining margins eased on Friday, slipping from a near 2-1/2 year high in the previous ses

Published 09 Jun, 2017 02:19pm

Energy

Asia-Pacific Crude-Pertamina buys August-arrival NWS, seeks more condensate

SINGAPORE: August-loading regional condensate premiums are seen trading stable from July-loading values after Pertamina

Published 09 Jun, 2017 01:16pm

Energy

Sinopec says did not receive order to relocate Yanshan oil refinery

BEIJING: China's Sinopec has not received a government order to relocate the Yanshan oil refinery, contradicting an earl

Published 08 Jun, 2017 12:43pm

Energy

Philippines eyes $2bn storage facility for LNG imports

MANILA: The Philippines aims to build a $2-billion receiving and distribution facility for imported LNG, as it seeks to

Published 08 Jun, 2017 12:39pm

Energy

Asia Fuel Oil-Cracks jump to 2-1/2 year high as inventories dive

SINGAPORE: Fuel oil refining margins soared to a 2-1/2 year high on Thursday as onshore inventories of fuel oi

Published 08 Jun, 2017 11:57am

Energy

Asia-Pacific Crude-Trade muted as market awaits loading programmes

SINGAPORE: Asia-Pacific trade remained thin on Thursday as the market continued to await offers for August-loading cargo

Published 08 Jun, 2017 11:53am

Energy

Hong Kong stocks rise, aided by solid China trade data

SHANGHAI: Hong Kong's benchmark Hang Seng Index climbed to another 23-month closing high on Thursday, as China's solid M

Published 08 Jun, 2017 09:20am

Energy

Oil rises off one-month lows struck after surprise stock build

TOKYO: Crude futures edged up in early Asian trading on Thursday following heavy losses in the previous se

Published 08 Jun, 2017 05:28am

Energy

Middle East Crude-Trade still thin as OSPs awaited

SINGAPORE: Middle East crude benchmarks were steady in thin activity on Wednesday as the market awaited the release of I

Published 07 Jun, 2017 04:27pm

Energy

Oil dips on glut concerns, but Mideast tension supports

SINGAPORE :Oil prices dipped on Wednesday, with Brent crude futures falling below $50 per barrel, as fuel markets re

Published 07 Jun, 2017 09:04am

Energy

Oil dips on glut concerns, but Mideast tension, falling US stocks support

SINGAPORE: Oil prices dipped on Wednesday, with Brent crude futures around $50 per barrel, as global fuel

Published 07 Jun, 2017 05:25am

Energy

Asia Distillates-Jet fuel differential steady but Indian supply weighs

SINGAPORE: The Asian jet fuel cash differential remained steady on Tuesday but spot supply from India could weigh on it,

Published 06 Jun, 2017 12:31pm

Energy

Asia Naphtha/Gasoline-Naphtha margin slips in quiet trade

SINGAPORE: The Asian naphtha margin slipped on Tuesday in quiet trade but a buy tender by Unipec could lift it later, in

Published 06 Jun, 2017 12:28pm

Energy

Oil subdued on worries Middle East rift will undermine output cuts

SINGAPORE: Oil prices bounced around low levels in choppy trading on Tuesday, with Brent crude holding below $50 ove

Published 06 Jun, 2017 09:17am

Energy

Oil prices slide over worries Middle East rift will undermine output cuts

SINGAPORE: Oil prices fell for a third day on Tuesday, hit by concerns that a political rift between Qatar and sever

Published 06 Jun, 2017 05:00am

Energy

Oil gains more than 1pc on Middle East schism, tightening supply

SINGAPORE: Oil markets rose more than 1 percent on Monday, pushed up by tensions in the Middle East where top crude

Published 05 Jun, 2017 07:14am

Energy

Azeri refined oil product exports down 32.6pc Jan-May yr/yr

BAKU: Azerbaijan's exports of refined oil products fell 32.6 percent year-on-year in January-May to 386,782 tonnes from

Published 01 Jun, 2017 05:28pm

Energy

Asia Naphtha/Gasoline-Gasoline stays firm; naphtha gains

SINGAPORE: Asia's naphtha crack rose for the third straight session on Thursday to reach $59.43 a tonne, making this the

Published 01 Jun, 2017 02:48pm

Energy

Asia Fuel Oil-380-cst time spreads bid higher, weak demand for cargoes

SINGAPORE: The 380-cst prompt-month time spread traded higher on Thursday, narrowing its discounts to its lowest in abou

Published 01 Jun, 2017 02:18pm

Energy

Asia-Pacific Crude-Market focuses on outstanding tenders

SINGAPORE: Activity on the Asia-Pacific market was muted on Thursday with traders focusing their attention on

Published 01 Jun, 2017 01:54pm

Energy

Oil futures rise on US stockpile draw, doubts over climate accord

TOKYO: Oil futures rose on Thursday from a three-week low touched the previous session, buoyed by expectat

Published 01 Jun, 2017 08:45am

Energy

Japan oil sales fall to lowest in at least 28 years for April

TOKYO: Japan's oil sales were 13.92 million kilolitres (2.92 million barrels per day) last month, down 2.3 percent from

Published 31 May, 2017 12:24pm

Energy

Asia Naphtha/Gasoline-Gasoline hits 5-week high; naphtha also gains

SINGAPORE: Asia's naphtha crack extended gains to touch a six-session high of $58.18 a tonne as buyers sought first-half

Published 31 May, 2017 11:27am

Energy

LNG sellers, Asian buyers spar as contract fight brews amid supply glut

SINGAPORE: A spat brewing between Qatar, the world's No.1 producer of liquefied natural gas (LNG), and its biggest custo

Published 31 May, 2017 11:21am

Energy

Oil falls as rising Libyan, US output undermines cuts

SINGAPORE: Oil prices fell on Wednesday, as rising output from Libya added to concerns about increasing US productio

Published 31 May, 2017 05:50am

Energy

Asia Naphtha/Gasoline-Naphtha gains but gasoline slips

SINGAPORE: Asia's naphtha crack was at a one-week high of $57.78 a tonne on Tuesday as demand stayed firm with South Kor

Published 30 May, 2017 12:30pm

Energy

Asia Fuel Oil-Refining margins seen remaining firm amid OPEC cuts, refinery upgrades

SINGAPORE: Fuel oil refining margins have been high across all major regions this year and the extension of the OPEC cut

Published 30 May, 2017 12:03pm

Energy

Middle East Crude-Benchmarks weaken as July trade slows

SINGAPORE: The Middle East crude market weakened for a second consecutive session on Tuesday as trade for July-loading c

Published 30 May, 2017 11:47am

Energy

Oil dips as ongoing glut outweighs strong start to summer driving

SINGAPORE: A run by US oil prices towards $50 a barrel ran out of steam on Tuesday as persistent concerns

Published 30 May, 2017 05:57am

Energy

Asia Naphtha/Gasoline-Gasoline at a month's high on demand

SINGAPORE: Asia's gasoline crack spread hit a one-month high of $10.53 a barrel on Monday, supported by firm demand in E

Published 29 May, 2017 11:38am

Energy

Asia-Pacific Crude-Pertamina seeks Aug-Dec crude; Thai spot tender awaited

SINGAPORE: Trade for July-loading cargoes has slowed, with most cargoes committed and the market shifting focus to regio

Published 29 May, 2017 11:31am

Energy

Asia Distillates-Gasoil 500ppm grade premium edges towards one-week high

SINGAPORE: Asia's gasoil 500ppm cash premium to Singapore quotes edged towards a one-week high of 20 cents a barrel on M

Published 29 May, 2017 11:22am

Energy

Oil dips as US drilling undermines drive to tighten markets

SINGAPORE: Oil prices dipped on Monday as a relentless rise in US drilling undermined an OPEC-led push to

Published 29 May, 2017 07:40am

Energy

Oil prices rise in anticipation of extended OPEC-led output cut

SINGAPORE: Oil prices rose ahead of an OPEC meeting on Thursday that is expected to extend output cuts into 20

Published 25 May, 2017 06:28am

Energy

Asia Fuel Oil-Oversold refining margins halt losses

SINGAPORE: Singapore fuel oil refining margins against Brent and Dubai crude traded higher on Wednesday, snapping three

Published 24 May, 2017 01:56pm

Energy

Oil prices rise as market expects extended production cut

SINGAPORE: Oil prices rose on Wednesday, supported by confidence that an OPEC-led output cut aimed at tightening sup

Published 24 May, 2017 06:25am

Energy

Asia Naphtha/Gasoline-Naphtha recovers from 5-month low on demand

SINGAPORE: Steady demand helped Asia's naphtha crack recover marginally to $57.50 a tonne from a five-month low hit in t

Published 19 May, 2017 01:14pm

Energy

China's LNG import terminals and plans

BEIJING: ENN Group, China's first private company to get state approval to build and operate a liquefied natural gas imp

Published 19 May, 2017 01:08pm

Energy

Azerbaijan believes global oil cut deal should be scrapped sooner than planned

BAKU: A global oil production cut deal should be scrapped sooner than planned, Azerbaijan's energy ministry said on Frid

Published 19 May, 2017 12:42pm

Energy

Oil down as market stays well supplied despite OPEC cuts

LONDON: Oil prices slipped on Thursday as the market remained well supplied with crude despite efforts by OPEC and o

Published 18 May, 2017 08:52am

Energy

India's MRPL to shut 96,000 bpd crude unit for 25 days in Sept-Oct

NEW DELHI: India's Mangalore Refinery and Petrochemicals Ltd (MRPL) plans to shut a 96,000 barrels per day (bpd) crude u

Published 17 May, 2017 01:27pm

Energy

Oil dips on rising US crude inventories, defies expected supply cut extension

SINGAPORE: Oil prices fell on Wednesday after data showed an increase in US crude inventories, stoking concerns that mar

Published 17 May, 2017 07:00am

Energy

South Korea April import prices rise most in 3 months on oil jump

SEOUL: South Korea's annual import prices grew at their fastest pace in three months in April on the back of rising glob

Published 16 May, 2017 10:34pm

Energy

Oil rises on expectations of extended supply curbs

LONDON: Oil prices extended gains on Tuesday after top producers Saudi Arabia, Russia and Kuwait supported prolongin

Published 16 May, 2017 10:26am

Energy

Saudi Arabia, Russia push to extend oil output cut until March 2018

BEIJING: Saudi Arabia and Russia, the world's top two oil producers, agreed on Monday on the need to extend output cuts

Published 15 May, 2017 03:45pm

Energy

Oil jumps after Saudis, Russia say supply cut to be extended to March 2018

SINGAPORE: Oil prices jumped over 1.5 percent on Monday after the energy ministers of the world's two bigg

Published 15 May, 2017 06:22am

Energy

Oil up on falling US inventories, Saudi cuts to Asia

LONDON: Oil prices rose on Thursday, with benchmark Brent crude trading comfortably above $50 a barrel after a fall in U

Published 11 May, 2017 10:10am

Energy

Qatar raises crude prices in April

SINGAPORE: Qatar raised the April official selling price (OSP) for Marine crude oil to $51.45 a barrel, up 90

Published 10 May, 2017 01:15pm

Energy

Oil up after US inventories fall more than expected

LONDON: Oil prices rose on Wednesday after a larger than expected fall in US crude inventories and on attempts by OPEC t

Published 10 May, 2017 09:15am

Energy

Oil gives up earlier gains as rising US output, China concerns weigh

SINGAPORE: Oil prices gave up earlier gains on Tuesday, as concerns over slowing demand and a relentless r

Published 09 May, 2017 05:56am

Energy

Middle East Crude-Benchmarks edge up, trade thin ahead of OSP releases

SINGAPORE: Trade for July-loading Middle East cargoes remained thin on Monday as the market awaited the release of more

Published 08 May, 2017 06:07pm

Energy

Malaysia's Petronas targets new markets for LNG

KUALA LUMPUR: Malaysian oil company Petronas is looking to tap new markets to sell liquefied natural gas, including as f

Published 08 May, 2017 04:48pm

Energy

Oil up as OPEC cuts outweigh US drilling boom

LONDON: Oil prices rose on Monday as talk of further supply cuts by major OPEC exporters outweighed the prospe

Published 08 May, 2017 08:58am

Energy

Asia Naphtha/Gasoline-Naphtha up but 25pc lower vs a month ago

SINGAPORE: Asia's naphtha crack was at a three-session high of $61.08 a tonne on Thursday, but the value was 25 percent

Published 04 May, 2017 03:43pm

Energy

Asia-Pacific Crude-Market awaits tender awards, July offers

SINGAPORE: Activity on the Asia-Pacific crude market remains thin as offers for July-loading cargoes have yet to emerge

Published 04 May, 2017 03:35pm

Energy

Middle East Crude-Dubai falls to 5-week low as glut persists

SINGAPORE: Middle East crude benchmarks fell below $50 per barrel on Wednesday, the lowest in about five weeks as supply

Published 03 May, 2017 02:38pm

Energy

Asia Fuel Oil-380-cst premiums extend gains, visco and 180cst spreads spike

SINGAPORE: 380-cst cash premiums extended gains made in the previous session to reach a four-month high on Wed

Published 03 May, 2017 01:44pm

Energy

Vietnam's April crude oil output seen down 13.1pct y/y at 1.13mn T

HANOI: Vietnam's crude oil output in April is estimated at 1.13 million tonnes (276,000 barrels per day), down 13.1 perc

Published 28 Apr, 2017 03:47pm

Energy

Japan oil sales fall to lowest in over 40 years for month of March

TOKYO: Japan's oil sales last month were 15.9 million kilolitres (3.23 million barrels per day), down 3.7 percent from a

Published 28 Apr, 2017 02:47pm

Energy

Fuel costs tip Indonesian airline Garuda into first-quarter loss

JAKARTA: Higher fuel costs tipped Indonesian state-controlled airline PT Garuda Indonesia Tbk into a first-quarter net l

Published 28 Apr, 2017 02:43pm

Energy

Asia-Pacific Crude-June Australian grades mostly sold; Thai tender awaited

SINGAPORE: The Asia-Pacific market is turning its attention to regional import tenders after most June-loading regional

Published 27 Apr, 2017 02:09pm

Energy

Asia Fuel Oil-Prompt spreads rise as Singapore inventories sink to a 3-month low

SINGAPORE: The 380-cst front-month time spread widened its backwardated structure on Thursday, pointing to further signs

Published 27 Apr, 2017 02:07pm

Energy

Oil prices fall on lingering oversupply concerns

SINGAPORE: Oil prices dipped on Thursday, weighed down by a general sentiment of globally bloated markets, tho

Published 27 Apr, 2017 05:26am

Energy

Asia Naphtha/Gasoline-Cracks fall but India naphtha premiums up

SINGAPORE: Asia's naphtha crack eased to a two-session low of $80.53 a tonne on Wednesday after hitting a three-week hig

Published 26 Apr, 2017 05:13pm

Energy

Oil falls on bulging US crude inventories, record global supplies

SINGAPORE: Oil prices resumed their downward trend on Wednesday as data showed a rise in US crude inventories

Published 26 Apr, 2017 05:21am

Energy

Azeri Absheron gas field could start production at end-2019

BAKU: Natural gas production at Azerbaijan's Absheron field in the Caspian Sea could begin in late 2019 or ear

Published 25 Apr, 2017 03:15pm

Energy

Asia Distillates-Diesel gains as supply remains tight

SINGAPORE: Asian diesel premiums gained on Tuesday as supply of the fuel remained tight, traders said.

TIGHT SUPPLY

Published 25 Apr, 2017 02:05pm

Energy

Asia-Pacific Crude-Market awaits June-loading Kimanis deals

SINGAPORE: Trade in Kimanis crude remains thin as no deals for June-loading cargoes of the grade have yet to be done des

Published 25 Apr, 2017 01:46pm

Energy

Asia Fuel Oil-Refining margins at 6-week high, physical premiums edge higher

SINGAPORE: Fuel oil refining margins edged higher to a six-week high on Tuesday, buoyed by weak crude oil prices, while

Published 25 Apr, 2017 01:44pm

Energy

OPEC heads for failure as crude shipments overwhelm cut rhetoric

SINGAPORE: Is it yet time to call the crude oil output cuts by OPEC and its allies a failure? Certainly the

Published 25 Apr, 2017 01:25pm

Energy

Oil edges up after six days of straight losses

SINGAPORE: Oil prices inched up on Tuesday but markets remain under pressure following six consecutive sessions of decli

Published 25 Apr, 2017 05:17am

Energy

Brent crude's premium to Dubai drops to lowest since 2010

SINGAPORE: Brent crude's premium to Dubai dropped to 55 cents a barrel for June on Monday, the narrowest spread between

Published 24 Apr, 2017 01:01pm

Energy

China stocks post worst day this year as regulators tighten grip

SHANGHAI: China stocks tumbled more than 1 percent on Monday in their worst day this year amid signs that Beijing will t

Published 24 Apr, 2017 01:00pm

Energy

Asia Naphtha/Gasoline-Naphtha gains as demand soaks up supplies

SINGAPORE: Asia's naphtha crack hit a six-session high of $78.63 a tonne on Monday following recent demand and fewer car

Published 24 Apr, 2017 12:29pm

Energy

Atlantic Basin crude flow to Asia to rise after Brent premium to Dubai hits near 6-yr low

SINGAPORE: The price gap between Atlantic Basin sweet crude against Middle East sour grades hit its narrowest since 2010

Published 24 Apr, 2017 12:25pm

Energy

Asia Distillates-Vietnam spot demand to boost gasoil prices

SINGAPORE: Spot demand from Vietnam amid tighter availability of gasoil is expected to boost prices and margins for the

Published 24 Apr, 2017 12:03pm

Energy

Middle East Crude-Dubai recovers after Total, Shell buy partials

SINGAPORE: The Middle East crude benchmarks edged up on Monday, with Dubai recovering to levels seen a week ago after To

Published 24 Apr, 2017 11:57am

Energy

Oil recovers some ground, rise in US drilling caps gains

LONDON: Oil prices recovered some lost ground on Monday after big losses last week, driven by expectations that OPEC wil

Published 24 Apr, 2017 09:48am

Energy

Oil prices claw back some losses, but oversupply still weighs

SINGAPORE: Oil prices regained some ground on Thursday after steep losses the previous day, with a slight drop

Published 20 Apr, 2017 06:29am

Energy

Asia-Pacific Crude-Vietnamese crude premiums fall; more offers emerge

SINGAPORE: June-loading Vietnamese crude premiums weakened amid the emergence of more offers and as the supply glut in t

Published 17 Apr, 2017 02:58pm

Energy

Asia Distillates-Jet fuel margin firms on limited supply

SINGAPORE: The Asian jet fuel margin gained on Monday on the back of limited spot cargoes from North Asia though spot su

Published 17 Apr, 2017 02:50pm

Energy

Oil falls after failed N. Korean missile test, US rig count gains

TOKYO: Crude oil fell in quiet trading on Monday, after the three-day Easter break, on signs the United States is contin

Published 17 Apr, 2017 05:13am

Energy

Azerbaijan's Q1 oil exports down 10pc year-on-year

BAKU: Azerbaijan exported 4.867 million tonnes in the first quarter of this year, the state customs service sa

Published 13 Apr, 2017 05:19pm

Energy

China crude oil imports hit record, shatter expectations

BEIJING: China's crude oil imports surged to all-time high in March to nearly 9.2 million barrels per day (bpd

Published 13 Apr, 2017 06:12am

Energy

Higher fuel prices drive up India's inflation to five-month high

NEW DELHI: Higher fuel costs drove up India's headline inflation to its highest level in five months in March,

Published 12 Apr, 2017 05:54pm

Energy

Oil prices rise on potential extension of output cuts

SINGAPORE: Oil prices rose on Wednesday, putting crude futures on track for their longest streak of gains sinc

Published 12 Apr, 2017 08:47am

Energy

Oil eases from 5-week top, rising US production weighs

SINGAPORE: Crude oil eased from a five-week high on Tuesday as rising U.S. shale oil production offset concern

Published 11 Apr, 2017 06:36am

Energy

Oil prices firm on strong demand, political uncertainty in Syria

SINGAPORE: Oil prices were firm on Monday, supported by strong demand and political uncertainty in Syria, although anoth

Published 10 Apr, 2017 03:35am

Energy

Middle East Crude-Steady ahead of more OSPs

SINGAPORE: The Middle East crude benchmarks were little changed on Friday as traders await more official selli

Published 07 Apr, 2017 02:58pm

Energy

Asia Naphtha/Gasoline-Naphtha up; east-bound cargoes seen lower

SINGAPORE: Asia's naphtha crack recovered marginally to $75.60 a tonne on Friday after falling to a 1-1/2 week low the p

Published 07 Apr, 2017 02:26pm

Energy

Sinopec exports first diesel cargo under general trade terms in 13 years

BEIJING: Top Asian refiner Sinopec Crop exported its first refined fuel cargo under so-called general trade terms in 13

Published 07 Apr, 2017 01:13pm

Energy

Crude prices jump after US strike on Syria

SINGAPORE: Oil prices rallied on Friday after the United States launched a missile strike against Syria, sparking fears

Published 07 Apr, 2017 10:31am

Energy

Oil prices fall on bloated US market, but other regions tighten

SINGAPORE: Oil prices fell on Thursday as record US crude inventories underscored that markets remain bloated,

Published 06 Apr, 2017 06:47am

Energy

Oil rises to near 1-month high on tightening of supplies

SINGAPORE: Oil climbed to a near one-month high on Wednesday on signs of a gradual tightening in global oil in

Published 05 Apr, 2017 06:48am

Energy

Azerbaijan oil output falls to 733,300 bpd in March-energy ministry

BAKU: Azerbaijan produced 733,300 barrels per day (bpd) of crude oil in March, sticking to its pledge to reduc

Published 03 Apr, 2017 05:35pm

Energy

Vietnam's March crude oil output seen down 14pc y/y at 1.17mn tonnes

HANOI: Vietnam's crude oil output in March is estimated at 1.17 million tonnes (276,000 barrels per day), down

Published 29 Mar, 2017 01:55pm

Energy

China oil giant Sinopec posts 44pc jump in net profit

SHANGHAI: State-owned Chinese energy major Sinopec said 2016 net profit jumped 44 percent, its first annual profit r

Published 27 Mar, 2017 09:08am

Energy

Kazakhstan's oil output in Feb exceeds level agreed with OPEC

MOSCOW: Kazakhstan's oil production in February exceeded its agreed limit under an OPEC-led deal to cut output and support prices, official Kazakh data showed on Monday.

Published 13 Mar, 2017 06:49pm

Energy

Middle East Crude-Dubai falls further; light sour grades pressured

SINGAPORE: The physical market for Middle East crude oils was thin on Friday as traders await the release of Basrah loading programmes.

Published 10 Mar, 2017 12:49pm

Energy

Oil prices rise on output cuts, but US stockpiles drag

SEOUL: Oil prices climbed on Thursday after sharp losses the session before, buoyed by strong compliance with touted international production cuts, although a surge in U.

Published 09 Mar, 2017 08:13am

Energy

Asia-Pacific Crude-Condensate market under pressure

SINGAPORE: Premiums for May-loading regional condensate are expected to fall amid weak naphtha refining margins and the possibility of prompt offers for Australian grades in the wake of reduced operating rates at a regional condensate splitter.

Published 08 Mar, 2017 11:44am

Energy

Asia Distillates-Gasoil firms on spot Vietnam demand

SINGAPORE: Asian gasoil cash differentials rose on Wednesday, boosted by spot demand from Vietnam, industry sources said.

Published 08 Mar, 2017 11:23am

Energy

Asia-Pacific Crude-May premiums under pressure amid falling margins, oversupply

SINGAPORE: Premiums for May-loading regional crude and condensate are under pressure from a crash in light distillate refining margins and a supply glut caused by increased arbitrage flows to the region.

Published 07 Mar, 2017 11:38am

Energy

Asia-Pacific Crude-April Australian heavy sweet crude values fall

SINGAPORE: April premiums for Australian heavy sweet crude fell amid weaker refining margins for fuel oil and middle distillates, and as the deals were done late in the trading cycle after most refiners had already secured necessary feedstock.

Published 03 Mar, 2017 12:37pm

Energy

Asia Distillates-500 ppm grade strengthens; reaches 3-month high

SINGAPORE: Asia's gasoil cash differential for 500 ppm grade strengthened 5 cents to a 15 cents a barrel premium to Singapore quotes, the strongest since Nov.

Published 03 Mar, 2017 12:30pm

Energy

Asia-Pacific Crude-Offers for May-loading Vietnamese crude emerge

SINGAPORE: Offers for May-loading Vietnamese crude were released on Thursday even as various April cargoes from last month remain uncommitted.

Published 02 Mar, 2017 01:40pm

Energy

Asia-Pacific Crude-Trade activity slows

SINGAPORE: Trade on the Asia-Pacific market was muted on Thursday as traders focus on remaining sell tenders that are due to close in the coming days.

Published 23 Feb, 2017 12:42pm

Energy

Asia Distillates-Jet fuel firms as cooler weather supports

SINGAPORE: Asia's jet fuel cash differential strengthened on the back of demand boosted by colder-than-expected weather, with the discount narrowing to 17 cents a barrel on Tuesday from a 21 cent discount in the previous session.

Published 07 Feb, 2017 02:07pm

Energy

Asia Fuel Oil-Spreads and differentials narrow in thin trade

SINGAPORE: Asian fuel oil differentials and time spreads narrowed slightly on Monday, although traders said the more positive mood could be short-lived as more volumes arrive from the West in the coming weeks.

Published 06 Feb, 2017 01:31pm

Energy

Azerbaijan ships 80,000 tonnes of oil via Russia in Jan '17

BAKU: Azerbaijan's state oil company SOCAR shipped 79,935 tonnes of oil via Russia in January, it said on Wednesday.

Published 01 Feb, 2017 05:13pm

Energy

Asia Fuel Oil-Time spreads snap downward trend but upside seen limited

SINGAPORE: Time spreads of 380-cst fuel oil on Wednesday recovered some of the previous session's losses that had pushed some spreads contracts to fresh lows, but most traders still see more downside risk than upside potential in February amid steady

Published 01 Feb, 2017 01:17pm

Energy

Asia Fuel Oil-Prompt spreads weaken further, drifting from fundamentals

SINGAPORE: The prompt-month time spreads of 380-cst fuel oil slipped to three-month low on Thursday despite a narrow decline in onshore Singapore inventories of the industrial fuel in a move that some traders said was drifting away from near-term fundamen

Published 26 Jan, 2017 01:02pm

Energy

Middle East Crude-Benchmark dips; light grades remain weak

SINGAPORE: Middle East crude benchmarks dipped on Friday amid wide discounts for light sour crude from the region.

Published 20 Jan, 2017 12:10pm

Energy

Asia Fuel Oil-Market steady as cost of resupply limits downside

SINGAPORE: Asia's high sulphur fuel oil market complex was little changed on Wednesday after two sessions of declines, supported by higher-cost replacement barrels stemming from structurally tighter global supplies.

Published 18 Jan, 2017 03:43pm

Energy

Asia Fuel Oil-Buying interest boosts 380-cst premiums further

SINGAPORE: Cash premiums of Asia's 380-cst fuel oil rose for a fourth consecutive session on Monday, lifted by continued buying interest for prompt cargoes and improved market sentiment.

Published 16 Jan, 2017 07:48pm

Energy

Asia Naphtha/Gasoline-Naphtha slips; gasoline at 9-1/2 month high

SINGAPORE: Asia's naphtha crack fell 5 percent on Friday to $105.

Published 13 Jan, 2017 01:12pm

Energy

Asia-Pacific Crude-Market awaits March offers; arbitrage to Asia seen open

SINGAPORE: Trade for March-loading Asia-Pacific crude is off to a slow start as traders await greater clarity on regional loading programmes and as Asian refiners have this week shifted focus to managing supply cuts from OPEC producers.

Published 11 Jan, 2017 12:19pm

Energy

Asia Naphtha/Gasoline-Naphtha goes higher; buyers keep coming

SINGAPORE: Asia's naphtha crack rose for the sixth straight session on Tuesday to nearly 9-1/2 month high of $93.

Published 10 Jan, 2017 02:23pm

Energy

Asia Fuel Oil-Fuel market stable in thin trading

SINGAPORE: Asia's fuel oil market was stable in thin trading on Friday even as cash differentials for 180- and 380-cst high sulphur fuel oil narrowed slightly.

Published 06 Jan, 2017 02:01pm

Energy

Oil steady in quiet holiday season trade; supply cut deal to kick in Jan 1

TOKYO: Oil prices were little changed on Tuesday in light pre-New Year holiday trading with markets adopting a wait-and-see stance less than a week before the first output cut deal agreed between OPEC and non-OPEC members in 15 years is scheduled to kick

Published 27 Dec, 2016 06:41am

Energy

Oil prices rise on weaker dollar, optimism on output cuts

SINGAPORE: Oil prices nudged higher in tepid Asian trading on Thursday, supported by a weaker dollar and optimism that crude producers would abide by an agreement to curb output to prop up markets.

Published 22 Dec, 2016 07:23am

Energy

China Nov crude oil imports from Saudi Arabia up 29.19pc: y/y

BEIJING: China's November crude oil imports from Saudi Arabia jumped 29.

Published 22 Dec, 2016 07:02am

Energy

Middle East Crude-Benchmarks rise; more February ESPO crude on offer

SINGAPORE: The Middle East crude benchmark Dubai rose on Wednesday on expectations that the OPEC and non-OPEC output deal to reduce production will start to tighten supplies.

Published 21 Dec, 2016 07:38pm

Energy

Asia Naphtha/Gasoline-Gasoline hits three-week high

SINGAPORE: Asia's naphtha crack was at a three-session high of $66.

Published 21 Dec, 2016 07:00pm

Energy

Asia Fuel Oil-Cash premiums slip as BP undercuts suppliers

SINGAPORE: Cash premiums of 380-cst fuel oil sagged to a near two-week low after aggressive selling by BP in the Platts window, industry sources said.

Published 21 Dec, 2016 06:59pm

Energy

Asia Distillates-Discount widens on higher supplies ahead

SINGAPORE: Asia's cash discount for 500ppm gasoil widened 27 percent to 38 cents a barrel on Wednesday, the steepest discount in about two weeks as the pressure of high supply in the next months weighed.

Published 21 Dec, 2016 06:59pm

Energy

Oil prices edge up on expected US crude inventory draw

SINGAPORE: Oil prices nudged higher on Wednesday on expectations of a U.

Published 21 Dec, 2016 08:11am

Energy

India's Iran oil imports slide 19pc in Nov, Saudi regains top supplier slot

NEW DELHI: India's oil imports from Iran fell 19 percent in November from a record high the previous month after regional rivals Saudi Arabia and Iraq raised sales to the world's third-biggest oil consumer, regaining their positions as the top two

Published 21 Dec, 2016 07:49am

Energy

Asia Distillates-Gasoil cash discount narrows on tighter supplies

SINGAPORE: The cash discount on Asia's 500ppm gasoil grade was at its narrowest for this month on Monday at 10 cents a barrel, thanks to tighter global supplies and firmer demand especially in India.

Published 19 Dec, 2016 08:13pm

Energy

Oil prices rise in anticipation of tighter 2017 market

SINGAPORE: Oil prices rose on Monday in anticipation of tighter crude supply going into 2017 following the decision by OPEC and other producers to cut output to prop up prices.

Published 19 Dec, 2016 06:27am

Energy

Asia Fuel Oil-Ex-wharf premiums rise as prompt supply weighs

SINGAPORE: Ex-wharf premiums in Asia's fuel oil markets rose on Friday as fewer supplier offers failed to meet firm demand for the marine fuel at a time when buyers are keen to lock in supplies ahead of the holiday season this month, industry sources

Published 16 Dec, 2016 01:39pm

Energy

Russia's Gazprom Neft sees 2017 oil output 'slightly' higher

TOKYO: Russian oil producer Gazprom Neft said on Friday its average output next year would be slightly higher than in 2016 despite Russia's deal with OPEC to cut production.

Published 16 Dec, 2016 01:33pm

Energy

Oil prices stabilise after Fed hike as tighter market looms

SINGAPORE: Oil prices stabilized on Thursday as a tighter market looms in 2017 due to planned output cuts led by OPEC and Russia, after sharp declines earlier following Wednesday's U.

Published 15 Dec, 2016 07:29am

Energy

Oil prices fall on rising US crude stocks, OPEC output concerns

SINGAPORE: Oil prices fell on Wednesday following a reported rise in U.

Published 14 Dec, 2016 06:53am

Energy

Iran crude oil exports to hit 5-month low in Dec

TOKYO: Iran's crude oil exports in December are set to fall 8 percent from November to a five-month low, a source with knowledge of its preliminary tanker schedule said, as lower shipments to China and others in Asia offset bumper exports to Europe.

Published 14 Dec, 2016 06:43am

Energy

Middle East Crude-Benchmarks soften despite ADNOC cuts

SINGAPORE: The Middle East crude benchmarks softened on Tuesday amid ample supplies despite OPEC's pledges to cut production from January.

Published 13 Dec, 2016 07:26pm

Energy

Asia Fuel Oil-Hedging activity lifts swap values

SINGAPORE: Values of near-dated 380-cst fuel oil flat price swaps traded on the Intercontinental Exchange (ICE) were higher on Tuesday amid hedging activity by buyers of the fuel who were looking to take advantage of the dip in prices in the previous sess

Published 13 Dec, 2016 07:14pm

Energy

Oil prices stable, supported as output cuts hit market

SINGAPORE: Oil prices were stable on Tuesday, buoyed by soaring demand in Asia and as signs of a crude production cut organised by OPEC and other exporters materialised, tightening a market that has been grappling with years of oversupply.

Published 13 Dec, 2016 07:03am

Energy

Saudis order oil cuts to US, Europe ahead of non-OPEC talks

SINGAPORE/TOKYO/DUBAI: Saudi Arabia has told its US and European customers it will reduce oil deliveries from January as Russia signalled that a commitment from non-OPEC producers to join OPEC's output limits still faced challenges.

Published 09 Dec, 2016 01:27pm

Energy

Oil extends gains on hopes for non-OPEC output cuts

TOKYO: Oil prices extended gains on Friday on optimism that non-OPEC producers would agree to cut output following a cartel agreement to limit production, but the upside was limited amid uncertainty over the size of the production curbs.

Published 09 Dec, 2016 07:53am

Energy

Qatar cuts crude prices for November

SINGAPORE: Qatar has set its November retroactive official selling price (OSP) for its Marine crude at $43.

Published 08 Dec, 2016 02:08pm

Energy

Asia Naphtha/Gasoline-Naphtha edges up, fundamentals remain weak

SINGAPORE: Asia's naphtha crack was up marginally at $58.

Published 08 Dec, 2016 01:50pm

Energy

Asia Distillates-Gasoil differentials rise as 27 cargoes change hands

SINGAPORE: Asian gasoil differentials edged higher on Thursday on the back of a wave of deals, in which 27 cargoes changed hands, trade sources said.

Published 08 Dec, 2016 01:32pm

Energy

China Nov crude imports up 18pc on year, fuel exports at record

BEIJING: China's crude oil imports rebounded strongly in November from the previous month and were up 18 percent on a year ago, while exports of refined fuel hit a record high as refiners rushed to ease an expanding domestic surplus.

Published 08 Dec, 2016 08:51am

Energy

Oil prices shed early gains amid doubts over OPEC output cut

SEOUL/SINGAPORE: Oil prices erased early gains to trade almost flat in Asian session on Thursday on mixed U.

Published 08 Dec, 2016 08:23am

Energy

China's end October fuel inventory falls to 12-month low; crude stocks drop

BEIJING: China's October fuel inventory fell almost 2 percent from the previous month to 15.

Published 28 Nov, 2016 07:12am

Energy

Oil prices fall over doubts of planned crude output cut

SINGAPORE: Oil prices fell on Monday, adding to Friday's steep losses as doubts re-emerged over the ability of major producers to agree output cuts at a planned meeting on Wednesday aimed at reining in global oversupply.

Published 28 Nov, 2016 06:58am

Energy

GLOBAL LNG-Asian spot LNG prices fall from near one-year high

SINGAPORE: Asian spot liquefied natural gas prices retreated this week from a near one-year high with demand easing after North Asian utilities had mostly covered their requirements for winter.

Published 25 Nov, 2016 05:35pm

Energy

Asia-Pacific Crude-January Kimanis crude values rise

SINGAPORE: Premiums for January-loading Kimanis cargoes rose on Friday on keen demand for middle distillate-rich grades during winter.

Published 25 Nov, 2016 05:18pm

Energy

Asia Distillates-Brisk gasoil deals; China exports down from record

SINGAPORE: Asia's gasoil differentials were stable on Friday after rising in the previous session as Singapore's cash trade volumes remained brisk.

Published 25 Nov, 2016 04:29pm

Energy

Azerbaijan expects 4.7pc drop in oil exports via BTC in 2017

BAKU: Azerbaijan expects a 4.

Published 25 Nov, 2016 01:59pm

Energy

Vietnam axes $538mn oil refinery project due to delays

HANOI: Vietnam has decided to scrap a $538-million oil refinery project in the country's southern region after investors failed to start construction around eight years after they received the licence, a provincial government official said on Friday.

Published 25 Nov, 2016 07:44am

Energy

Asia Naphtha/Gasoline-Gasoline at 3-week high; Unipec eyes term deal

SINGAPORE: Asia's naphtha crack rose marginally from a two-week low to a two-session high on Thursday to reach $76.

Published 24 Nov, 2016 03:17pm

Energy

Oil prices static on uncertainty over planned production cut

SINGAPORE: Oil prices were little changed on Thursday as uncertainty ahead of a planned OPEC-led crude production cut and thin liquidity due to the U.

Published 24 Nov, 2016 07:05am

Energy

IEA expects oil investment to fall for third year in 2017

TOKYO: Investment in new oil production is likely to fall for a third year in 2017 as a global supply glut persists, stoking volatility in crude markets, the head of the International Energy Agency (IEA) said on Thursday.

Published 24 Nov, 2016 06:55am

Energy

Asia Naphtha/Gasoline-Naphtha down; petrochemical margins to hold firm

SINGAPORE: Asia's naphtha crack for first-half January extended losses for the third straight day on Wednesday to reach a two-week low of $76.

Published 23 Nov, 2016 03:46pm

Energy

Asia Fuel Oil-Fresh arrivals ease premiums but quality still a concern

SINGAPORE: Cash premiums for Asia's fuel oils eased as vessels offloaded fresh arbitrage cargoes and other vessels queued up outside Singapore's terminals, but traders remained concerned about the quality of fuel oil aboard the ships.

Published 23 Nov, 2016 03:45pm

Energy

Indian Oil plans $5.5bn expansion of refinery co-owned by Iran

NEW DELHI: An Indian Oil Corp unit plans to invest $5.

Published 23 Nov, 2016 03:12pm

Energy

Thailand ups long-term LNG imports due to coal plant delays

BANGKOK: Thailand is increasing its planned long-term imports of liquefied natural gas (LNG) to meet rising demand after delays to the construction of coal-fired power plants, a senior official at energy ministry said on Wednesday.

Published 23 Nov, 2016 11:52am

Energy

Oil prices fall on renewed doubts over OPEC-led production cut

SINGAPORE: Oil prices fell in Asian trade on Wednesday, reversing earlier gains, as doubts re-emerged over whether OPEC would agree to a crude oil production cut at a ministerial meeting next week.

Published 23 Nov, 2016 08:12am

Energy

Asia Naphtha/Gasoline-Naphtha down despite buying interest

SINGAPORE: Asia's naphtha crack for first-half January was at a four-session low of $79.

Published 22 Nov, 2016 02:12pm

Energy

Asia-Pacific Crude-Australian condensate premium edges higher

SINGAPORE: Premiums for January-loading Australian North West Shelf (NWS) condensate edged higher on Tuesday, underpinned by Indonesian demand and firm naphtha and gasoline refining margins.

Published 22 Nov, 2016 02:11pm

Energy

Oil prices hit highest since October on hopes of OPEC-led output cut

SINGAPORE: Oil prices rose to their highest level since late October on Tuesday as the market priced in an expected output cut led by producer cartel OPEC, but analysts warned that a failure to agree a cut could lead to a depening supply glut by early 201

Published 22 Nov, 2016 06:16am

Energy

Kashagan oil field starts commercial output

ASTANA: The Kashagan oil field has started commercial output, Kazakhstan's energy minister said on Monday, marking a milestone for $55 billion project which is more than a decade behind its original production plan.

Published 21 Nov, 2016 02:29pm

Energy

Oil prices climb on expectation of OPEC-led production cut

SINGAPORE: Oil prices rose around 1 percent on Monday as OPEC moved closer to an output cut to rein in oversupply that has pressured prices for over two years.

Published 21 Nov, 2016 08:33am

Energy

Oil may rise to $55 if all producers cooperate

DUBAI: Iranian Oil Minister Bijan Zanganeh expressed optimism on Saturday about an upcoming OPEC meeting and said crude prices could jump to $55 a barrel if an agreement is reached and non-OPEC producers cooperate.

Published 19 Nov, 2016 03:40pm

Energy

Asia Fuel Oil-180-cst complex strengthens on ample high-vis supplies

SINGAPORE: Asia's benchmark 180-cst fuel oil complex strengthened on Friday after a wave of high viscosity fuel oil arriving in Singapore stoked concerns of cutter stock availability, industry sources said.

Published 18 Nov, 2016 03:02pm

Energy

Asia Naphtha/Gasoline-Crack spreads widen on firm demand

SINGAPORE: Asia's gasoline crack spread hit a two-week high of $9.

Published 18 Nov, 2016 01:52pm

Energy

Asia Fuel Oil-380-cst complex firms as market shrugs off rising inventories

SINGAPORE: Asia's physical and swaps fuel oil markets shrugged off a sharp build in Singapore's onshore inventories of the industrial fuel amid continued concerns about prompt availability of on-specification cargoes and bunker fuels, industry sou

Published 17 Nov, 2016 03:13pm

Energy

Asia Naphtha/Gasoline-Naphtha strengthens on seasonal factors

SINGAPORE: Asia's naphtha crack rose to a three-session high of $80.

Published 17 Nov, 2016 02:45pm

Energy

Oil prices fall on US crude stock build, OPEC remains in focus

SINGAPORE: Crude oil futures dropped on Thursday after official inventory reports indicated a larger-than-expected build in US oil stocks.

Published 17 Nov, 2016 07:40am

Energy

Oil prices extend rally, shrug off US stock build

TOKYO: Oil futures rose on Wednesday, shrugging off an industry report that showed an unexpected build in US crude stocks, and adding to gains of nearly 6 percent from the previous session.

Published 16 Nov, 2016 08:12am

Energy

Oil prices rise on falling shale output, renewed hopes of OPEC cut

SINGAPORE: Oil prices rose around 2 percent on Tuesday to move away from multi-month lows struck the day before, pushed higher by expectations of falling shale output and renewed optimism that OPEC will deliver on touted production cuts.

Published 15 Nov, 2016 08:08am

Energy

China Oct crude oil output drops to lowest since May 2009

BEIJING: China's daily crude oil production in October fell to the lowest in more than seven years, statistics burea

Published 14 Nov, 2016 09:18am

Energy

Oil steady near multi-month lows on OPEC output record, US rig count

TOKYO: Oil prices were little changed on Monday near multi-month lows, dragged down by worries about oversupply as OPEC

Published 14 Nov, 2016 08:39am

Energy

Middle East Crude-Benchmarks rise on news al-Shaheen exports would drop

SINGAPORE: The Middle East crude benchmarks rose to their strongest this month on Friday on news that oilfield maintenan

Published 11 Nov, 2016 01:32pm

Energy

Asia-Pacific Crude-PV Oil offers Jan Thang Long crude

SINGAPORE: The Asia-Pacific crude market saw more offers emerging for January-loading after PV Oil issued a sell tender

Published 11 Nov, 2016 01:18pm

Energy

Asia Distillates-Jet fuel weakens against firm gasoil

SINGAPORE: The Asian jet fuel differentials weakened against stronger gasoil prices, boosted by demand from Winson Oil i

Published 11 Nov, 2016 11:43am

Energy

Asia Naphtha/Gasoline-Gasoline supported by Vietnam demand

SINGAPORE: Spot demand from Vietnam and term demand for reformate from Taiwan supported gasoline margins, traders said.P

Published 11 Nov, 2016 11:37am

Energy

Asia Fuel Oil-Ex-wharf premiums sink to 2-week low as supplies improve

SINGAPORE: Singapore ex-wharf premiums for the 380-cst fuel oil sank to a two-week low on Friday as indications of incom

Published 11 Nov, 2016 11:33am

Energy

Asia Naphtha/Gasoline-Term talks continue in Bahrain and Indonesia

SINGAPORE: Term talks continued for naphtha and gasoline on Thursday with Bahrain and Pertamina conducting negotiations

Published 10 Nov, 2016 01:30pm

Energy

Oil edges higher as markets recover from Trump's shock victory

SINGAPORE: Oil prices reversed some early losses to push higher on Thursday as markets recovered from their initial shoc

Published 10 Nov, 2016 07:58am

Energy

Oil stumbles as Trump stuns markets with White House win

SINGAPORE: Oil prices tumbled on Wednesday as Donald Trump stunned the world by winning the U.S. presidential election,

Published 09 Nov, 2016 08:16am

Energy

Asia-Pacific Crude-January Australian heavy crude supplies rise

SINGAPORE: Offers for January-loading regional grades have emerged following the release of various Australian crude loa

Published 08 Nov, 2016 03:31pm

Energy

China Oct crude oil imports at 10-month low as teapot pacing down

BEIJING: China's crude oil imports in October fell from a record high the previous month to its lowest on a daily ba

Published 08 Nov, 2016 08:09am

Energy

Oil prices steady ahead of US election, weak China data weighs

SINGAPORE: Oil prices were stable on Tuesday as financial investors and traders were cautiously positioning themselves f

Published 08 Nov, 2016 08:08am

Energy

Qatar raises Oct prices for Marine, Land crude

SINGAPORE: Qatar has set its October retroactive official selling price (OSP) for its Marine crude at $48.40 a barrel, u

Published 07 Nov, 2016 02:55pm

Energy

Asia Distillates-Vietnam demand, Winson Oil buys support gasoil

SINGAPORE: The Asian gasoil differentials remained steady on Monday, while the backwardation widened, supported by spot

Published 07 Nov, 2016 12:19pm

Energy

Oil prices bounce after OPEC reaffirms plan to cut output

SINGAPORE: Oil prices rose by over 1 percent on Monday, pushed up by a statement from the producers' club OPEC that

Published 07 Nov, 2016 08:17am

Energy

Asia Fuel Oil-Robust demand extends 380-cst cash, ex-wharf premiums

SINGAPORE: Cash and ex-wharf premiums of Asia's 380-cst fuel oil extended their gains on Friday after eager buyers s

Published 04 Nov, 2016 02:15pm

Energy

Japan seeks up to 31,000 tonne of LPG for national reserves

TOKYO: State-run Japan Oil, Gas and Metals National Corp (JOGMEC) on Friday issued a tender to buy liquefied petroleum g

Published 04 Nov, 2016 07:42am

Energy

Egypt increases fuel prices after devaluation

CAIRO: Fuel prices were to rise dramatically in Egypt on Friday after the central bank floated the currency to address a

Published 04 Nov, 2016 07:13am

Energy

UAE'S ADNOC sets Oct Murban crude OSP at $51.35/bbl

SINGAPORE: Abu Dhabi National Oil Company (ADNOC) raised the October retroactive official selling price for its benchmar

Published 03 Nov, 2016 03:09pm

Energy

Asia Fuel Oil-Tight prompt supplies, limited on-spec cargoes boost cash premiums

SINGAPORE: Cash premiums of Asia's 380-cst fuel oil jumped on Thursday amid ongoing concerns of limited availability

Published 03 Nov, 2016 03:07pm

Energy

Asia Naphtha/Gasoline-Naphtha margin rises to seven-month high

SINGAPORE: The Asian naphtha margin climbed to a seven-month high on Thursday as demand continued to be firm in the regi

Published 03 Nov, 2016 02:46pm

Energy

Iran oil exports hit 2.44mn bpd

TEHRAN: Iran boosted its oil exports to 2.44 million barrels per day in late October as it regains market share lost dur

Published 02 Nov, 2016 01:34pm

Energy

Oil extends losses after report shows surprise US stocks build

TOKYO: Crude oil prices fell for a fourth day on Wednesday, as jittery investors awaited official U.S. stockpile figures

Published 02 Nov, 2016 06:47am

Energy

Asia's Sept imports of Iranian oil rise 73pc from year ago

TOKYO: Imports of crude oil by Iran's four major buyers in Asia in September jumped more than 70 percent from a year

Published 31 Oct, 2016 08:23am

Energy

Oil falls as non-OPEC yet to pledge concrete output steps

TOKYO: Oil prices extended declines on Monday after non-OPEC producers made no specific commitment to join OPEC in limit

Published 31 Oct, 2016 08:22am

Energy

Oil lingers around $50 over doubts OPEC can coordinate output cut

SINGAPORE: Oil prices were stable on Thursday, lingering around $50 a barrel, as doubts over OPEC's ability to organ

Published 27 Oct, 2016 06:24am

Energy

Oil prices drop as concerns over global fuel glut re-emerge

SINGAPORE: Oil prices fell more than one percent on Wednesday as a report showing a surge in U.S. crude stocks, rising p

Published 26 Oct, 2016 08:03am

Energy

OPEC output cut may hasten oil market rebalance: IEA

SINGAPORE: The oversupplied oil market will be rebalanced earlier than expected if major crude producers implement a dea

Published 25 Oct, 2016 01:03pm

Energy

Oil prices dip on OPEC squabbles ahead of planned production cut

SINGAPORE: Oil prices dipped on Tuesday as disagreement flared within producer cartel OPEC on who should cut how much pr

Published 25 Oct, 2016 06:41am

Energy

Asia Distillates-Gasoil liquidity picks up

SINGAPORE: Liquidity picked up for gasoil in Singapore on Monday with 1.69 million barrels changing hands, the highest v

Published 24 Oct, 2016 04:56pm

Energy

Asia Fuel Oil-East-West spreads trade actively in cargo hedging

SINGAPORE: The 380-cst fuel oil East-West spreads were actively traded in the Intercontinental Exchange (ICE) on Monday

Published 24 Oct, 2016 04:55pm

Energy

Asia-Pacific Crude-Market awaits tender award results

SINGAPORE: Trade on the Asia-Pacific crude market was thin on Monday as traders awaited various tender results.Indonesia

Published 24 Oct, 2016 04:55pm

Energy

Asia-Pacific Crude-Pertamina buys NWS condensate, Vietnam offers more Dec crude

SINGAPORE: Indonesian state-controlled Pertamina partially awarded its condensate import tender on Friday, taking a carg

Published 21 Oct, 2016 06:14pm

Energy

Asia Fuel Oil-Cracks rise on firm demand and refinery maintenance

SINGAPORE: Asia's fuel oil crack for benchmark 180-centistoke was at its narrowest discount to Dubai crude in almost

Published 21 Oct, 2016 06:13pm

Energy

Asia Distillates-Gasoil margin edges higher ahead of peak winter demand

SINGAPORE: The Asian gasoil margin edged higher on Friday in anticipation of stronger demand from Europe during winter,

Published 21 Oct, 2016 06:13pm

Energy

As Iran oil tenders near, investors still in the dark on terms

TEHRAN/ISTANBUL: Two years after Iran pledged to open up its oil industry in anticipation of the lifting of sanctions, f

Published 20 Oct, 2016 04:50pm

Energy

Bangladesh tenders to import oil products for first half of 2017

DHAKA: Bangladesh Petroleum Corp (BPC) has issued an international tender to import oil products as part of efforts to b

Published 20 Oct, 2016 09:34am

Energy

Oil prices fall after strong rally, but sentiment remains confident

SINGAPORE: Oil prices fell on Thursday on profit-taking after markets rallied the previous day due to a draw in U.S. sto

Published 20 Oct, 2016 07:39am

Energy

Asia-Pacific Crude-Dec Australian NWS condensate premiums stay firm

SINGAPORE: Premiums for regional condensate strengthened after a December-loading Australian North West Shelf (NWS) cond

Published 19 Oct, 2016 01:12pm

Energy

Middle East Crude-Total, Chinaoil to deliver cargoes to Shell, CPC issues buy tender

SINGAPORE: Dubai crude rose for the third consecutive day on Wednesday after Shell continued its buying of December Duba

Published 19 Oct, 2016 12:34pm

Energy

Asia Distillates-Gasoil differentials rise on refinery maintenance

SINGAPORE: Asian gasoil differentials edged higher on Wednesday on the back of reduced supply as several refineries unde

Published 19 Oct, 2016 12:18pm

Energy

Asia Fuel Oil-Cash premiums rise as most suppliers pull back

SINGAPORE: Cash differentials for Asia's benchmark 180-cst and the actively traded 380-cst fuel oil grades widened t

Published 19 Oct, 2016 12:02pm

Energy

Coal: after the $100 per tonne boom, how long until the bust?

SINGAPORE: As Australian thermal coal prices hit $100 per tonne on Tuesday for the first time since 2012, the fuel's

Published 18 Oct, 2016 07:52pm

Energy

Asia-Pacific Crude-Dec Vietnam crude values hold firm; Petronas offers Kikeh

SINGAPORE: Premiums for December-loading Vietnamese crude held firm on demand from oil majors.Vietnamese state marketer

Published 18 Oct, 2016 04:26pm

Energy

Middle East Crude-Dubai edges higher on Shell purchases

SINGAPORE: Dubai edged higher in the Middle East crude market on Tuesday after Shell bought 15 of the 18 December partia

Published 18 Oct, 2016 04:06pm

Energy

Asia Distillates-Gasoil holds steady, demand firm

SINGAPORE: The Asian gasoil differentials held steady on Tuesday, but demand was firm in the region, with supply expecte

Published 18 Oct, 2016 04:06pm

Energy

Asia Fuel Oil-Largest 180-cst trades since Aug. 3 on lower prices

SINGAPORE: A total of 40,000 tonnes of benchmark 180-cst fuel oil exchanged hands in the Platts window on Tuesday, the h

Published 18 Oct, 2016 03:56pm

Energy

Asia Naphtha/Gasoline-Crack forges ahead on expected lower supplies

SINGAPORE: Asia's naphtha crack rose for the fourth straight session on Tuesday to reach $57.29 a tonne, its highest

Published 18 Oct, 2016 03:44pm

Energy

Oil rises as market could be closer to balance than expected

SINGAPORE: Oil prices rose early on Tuesday as some analysts said markets might not be quite as oversupplied as suggeste

Published 18 Oct, 2016 08:37am

Energy

Oil edges up as analysts say market could be closer to balance than expected

SINGAPORE: Oil prices rose early on Tuesday as some analysts said markets might not be quite as oversupplied as suggeste

Published 18 Oct, 2016 07:02am

Energy

Asia Fuel Oil-Steady with speculation on OPEC action in November

SINGAPORE: Asia's fuel oil markets were little changed at the start of the week with front month 380-cst time spread

Published 17 Oct, 2016 03:25pm

Energy

Asia Distillates-Gasoil improves on Winson Oil buys

SINGAPORE: The Asian gasoil differential climbed on Monday helped by firm demand from Singapore-registered Winson Oil, t

Published 17 Oct, 2016 03:19pm

Energy

Asia-Pacific Crude-More tenders, Dec loading programmes emerge

SINGAPORE: Activity on the Asia-Pacific crude market is picking up following the release of the Malaysian Kimanis Decemb

Published 17 Oct, 2016 03:17pm

Energy

Nigeria expects 22pc jump in oil output by end-Dec

NEW DELHI: OPEC member Nigeria expects its oil production rate to jump by 22 percent by the year-end to 2.2 million barr

Published 17 Oct, 2016 03:05pm

Energy

Middle East Crude-Thai state refiner issues IRPC import tender

SINGAPORE: Thailand state-refiner PTT has issued its monthly IRPC sour crude import tender, which could help to soak up

Published 17 Oct, 2016 02:57pm

Energy

Azerbaijan's oil output edges down 0.3pc in Jan-Sept y/y

BAKU: Azerbaijan produced 31.268 million tonnes of oil and gas condensate in January-September, 0.3 percent less than in

Published 17 Oct, 2016 02:35pm

Energy

Iran oil production to hit 4m bpd by March

TEHRAN: Iran said Monday its oil production capacity will hit four million barrels per day by March after it was exempte

Published 17 Oct, 2016 11:58am

Energy

Oil edges up on tighter US fuel market; doubts over OPEC cuts weigh

SINGAPORE: Oil prices edged up on Friday, pushed by a tighter US fuel market and as technical indicators attracted buyin

Published 14 Oct, 2016 07:52am

Energy

Asia-Pacific Crude-Activity for Australian cargoes pick up

SINGAPORE: Trade for Australian cargoes is set to pick up following the release of preliminary December loading programm

Published 13 Oct, 2016 07:35pm

Energy

Rosneft, Trafigura and UCP to buy India refiner for $12-$13bn

NEW DELHI: A group led by Russian oil major Rosneft will acquire India's Essar Oil in a $12-$13 billion deal includi

Published 13 Oct, 2016 04:49pm

Energy

Korea Gas Corp launches 4-cargo LNG buy tender to refill stocks

SINGAPORE/MILAN: Korea Gas Corp has launched a tender to buy up to four liquefied natural gas (LNG) cargoes for delivery

Published 13 Oct, 2016 03:44pm

Energy

Oil prices fall on higher OPEC output, rise in US crude stocks

SINGAPORE: Oil prices fell on Thursday after OPEC said its production had risen to the highest level in at least eight y

Published 13 Oct, 2016 09:24am

Energy

Middle East Crude-Benchmarks edge up; Basra supply to fall in Nov

SINGAPORE: Middle East crude benchmark Dubai edged up on Tuesday, supported by purchases from oil majors and Western tra

Published 11 Oct, 2016 12:13pm

Energy

Asia-Pacific Crude-Pertamina awards December crude import tender

SINGAPORE: Indonesian state-controlled Pertamina has awarded part of its December-delivery crude import tender, potentia

Published 11 Oct, 2016 11:57am

Energy

Asia Distillates-Gasoil firms on Egypt demand

SINGAPORE: Asian gasoil prices firmed on Tuesday, helped by a recent flurry of buy tenders from Egypt, trade sources sai

Published 11 Oct, 2016 11:29am

Energy

Oil prices fall from one-year highs on output cut doubts

SINGAPORE/LONDON: Oil prices on Tuesday fell from one-year highs touched the previous day as there were doubts that a pl

Published 11 Oct, 2016 07:32am

Energy

Asia-Pacific Crude-More offers for Dec-loading cargoes emerge

SINGAPORE: Trade for December-loading regional grades is set to pick up following the release of Kutubu Light's Dece

Published 10 Oct, 2016 02:48pm

Energy

Asia Distillates-Gasoil margin boosted by spot regional demand

SINGAPORE: Spot gasoil demand from Iraq, Vietnam and Indonesia supported the Asian gasoil margin, industry sources said

Published 10 Oct, 2016 02:45pm

Energy

Azeri oil exports via Turkey pipeline rise 2.1pc in Jan-Sept

BAKU: Azeri oil exports through the Baku-Tbilisi-Ceyhan (BTC) pipeline via Georgia and Turkey totalled 22.043 million to

Published 10 Oct, 2016 02:37pm

Energy

Asia Naphtha/Gasoline-Naphtha down, supply to outpace Q4 demand

SINGAPORE: Asia's naphtha crack fell on Monday to reach a two-session low of $44.13 a tonne as ample supplies weighe

Published 10 Oct, 2016 02:19pm

Energy

Oil prices fall over doubts that non-OPEC producers will cut output

SINGAPORE: Oil prices fell on Monday over doubts that an OPEC-led plan to cut output would rein in a global oversupply t

Published 10 Oct, 2016 06:41am

Energy

Asia Fuel Oil-Time spreads rise further despite rising physical supply

SINGAPORE: Time spreads in Asia's 380-cst fuel oil swaps markets firmed for a second consecutive session on Friday,

Published 07 Oct, 2016 01:19pm

Energy

Asia Fuel Oil-Contango structure narrows despite inventory build

SINGAPORE: Asia's fuel oil markets firmed on Thursday with a narrowing of the 380-cst fuel oil market structure desp

Published 06 Oct, 2016 05:15pm

Energy

Oil prices ease from June highs on weaker physical market

SINGAPORE: Oil futures dipped on Thursday after Saudi Arabia trimmed the price of its flagship physical crude to Asia, b

Published 06 Oct, 2016 07:04am

Energy

Oil prices rise on report of US crude stock draw

SINGAPORE: Oil prices rose in early trading on Wednesday after a report that U.S. fuel inventories may have fallen for a

Published 05 Oct, 2016 07:15am

Energy

Asia Fuel Oil-'Overbought' cracks slide to 5-week lows

SINGAPORE: Asia's fuel oil crack for the benchmark 180-centistoke fuel oil slid to its widest discount to Dubai crud

Published 04 Oct, 2016 07:44pm

Energy

Asia Naphtha/Gasoline-Naphtha prompt spread drifts weaker

SINGAPORE: Pressure grew on Asia's naphtha with the prompt intermonth spread widening to $4.75 a tonne on Tuesday fr

Published 04 Oct, 2016 07:43pm

Energy

Oil prices dip on surging Iran sales, but looming OPEC deal offers support

SINGAPORE: Oil prices dipped on Tuesday on a rise in Iranian exports that adds to a global supply overhang, but a planne

Published 04 Oct, 2016 06:53am

Energy

Azeri Jan-Sept oil shipments via Russia fall 18pc

BAKU: Azerbaijan's state oil company SOCAR shipped 898,480 tonnes of oil via Russia in the first nine months of this

Published 03 Oct, 2016 04:37pm

Energy

Oil prices fall on high production despite planned OPEC output cut

SINGAPORE: Oil prices fell away from $50 per barrel on Monday despite an agreement last week by exporters to cut output,

Published 03 Oct, 2016 06:46am

Energy

Oil prices down on doubts over OPEC deal

SINGAPORE: Oil prices fell in Asia Friday as doubts emerged over the long-term success of a surprise OPEC agreement to c

Published 30 Sep, 2016 06:55am

Energy

Oil prices surge after OPEC's surprise output cut deal

SINGAPORE: Oil prices surged Thursday after the OPEC producers' group surprised the market with a deal to slash outp

Published 29 Sep, 2016 06:19am

Energy

Oil climbs after industry data shows US inventory draw

SINGAPORE: Oil prices rose in mixed trading on Wednesday, after sharp losses in the previous session, as industry data s

Published 28 Sep, 2016 07:11am

Energy

Oil stages weak rebound as hopes ease for output deal

SINGAPORE: Oil prices posted marginal gains in Asia Wednesday as an industry report showing a decline in US stockpiles w

Published 28 Sep, 2016 05:49am

Energy

Asia Naphtha/Gasoline-Naphtha margin dives but spot price gains

SINGAPORE: Asia's naphtha crack slumped 10 percent to a five-session low of $54.15 a tonne on Tuesday as firm Brent

Published 27 Sep, 2016 08:37pm

Energy

Oil prices slip on profit-taking as investors await US stockpile data

SINGAPORE: Crude futures slipped in Asian trade on Tuesday as investors took profits after prices climbed more than 3 pe

Published 27 Sep, 2016 06:42am

Energy

Oil dips in Asia as Algiers meeting looms

SINGAPORE: Oil prices edged down in Asia Tuesday amid continued speculation over whether producers will agree to limit o

Published 27 Sep, 2016 06:06am

Energy

Oil prices rebound after Algeria says all options open at OPEC meeting

SINGAPORE: Crude prices rebounded on Monday after Algeria's energy minister said the day before that all options wer

Published 26 Sep, 2016 06:32am

Energy

Oil edges higher ahead of OPEC meeting

SINGAPORE: Oil prices rose modestly in Asia on Monday ahead of a producers' meeting this week that might agree to ca

Published 26 Sep, 2016 05:12am

Energy

Middle East Crude-Condensate prices under pressure

SINGAPORE: Condensate prices came under pressure on Friday after Qatar sold prompt cargoes as the start-up of its new sp

Published 23 Sep, 2016 01:53pm

Energy

Oil prices ease as focus shifts to producers' meeting

SINGAPORE: Oil prices eased on profit-taking in Asian trade Friday following two days of solid gains as traders turned t

Published 23 Sep, 2016 08:46am

Energy

Asia Naphtha/Gasoline-Naphtha time spreads turn positive on Qatar delay

SINGAPORE: Asia's naphtha crack extended gains to reach a nearly four-month high of $60.93 a tonne while the intermo

Published 22 Sep, 2016 07:02pm

Energy

Oil prices climb on weaker dollar, after US crude stock draw

SINGAPORE: Oil prices rose on Thursday, lifted by a weaker dollar and extending gains from the previous session when a s

Published 22 Sep, 2016 09:02am

Energy

Oil climbs 1 percent after surprise US crude stock draw

SINGAPORE: Oil prices rose around 1 percent on Thursday, extending gains from the previous session after a surprise thir

Published 22 Sep, 2016 07:11am

Energy

Oil rises on US stockpile drop, weaker dollar

SINGAPORE: Oil prices climbed Thursday, building on the previous day's gains following a bigger-than-forecast fall i

Published 22 Sep, 2016 05:33am

Energy

Asia Fuel Oil-180-cst premiums rise to 15-month highs

SINGAPORE: Cash premiums of Asia's benchmark 180-cst fuel oil rose to a 15-month high on Wednesday, boosted by an ap

Published 21 Sep, 2016 09:43pm

Energy

Indian Oil, Gail to buy 49pc stake in LNG terminal in Odisha

NEW DELHI: India's biggest refiner Indian Oil Corp Ltd and gas transporter Gail (India) Ltd will buy a combined 49 p

Published 21 Sep, 2016 08:18pm

Energy

Oil prices rise on reported US crude stock draw, firm Japan imports

SINGAPORE: Oil prices climbed on Wednesday, supported by a reported draw in US crude inventories and by firm import data

Published 21 Sep, 2016 07:11am

Energy

Oil prices up ahead of US stockpiles data, Fed meeting

SINGAPORE: Oil prices rose in Asia Wednesday as traders awaited the release of US energy stockpiles data and a US centra

Published 21 Sep, 2016 06:06am

Energy

Asia Fuel Oil-Cracks at 8-month highs as inventories dip, demand firm

SINGAPORE: Asia's fuel oil crack for benchmark 180-centistoke was at its narrowest discount to Dubai crude in about

Published 20 Sep, 2016 07:38pm

Energy

Asia Naphtha/Gasoline-Naphtha spread gains; oil terminal hit by fire

SINGAPORE: An easing of the glut in Asia's naphtha market has driven up front-month prices to parity with contracts

Published 20 Sep, 2016 07:37pm

Energy

Oil prices down ahead producers' meeting, US data

SINGAPORE: Oil prices eased in Asia Tuesday with analysts expecting volatility in the run up to a producers' meeting

Published 20 Sep, 2016 07:54am

Energy

Oil slips as Venezuela says market is 10pc oversupplied

SINGAPORE: Oil prices fell on Tuesday after Venezuela said that global supplies needed to fall by 10 percent in order to

Published 20 Sep, 2016 07:27am

Energy

Sri Lankan state-owned oil firm faces $13 million monthly losses after excise duty hike

COLOMBO: Sri Lanka's state-owned Ceylon Petroleum Corporation will incur a loss of about two billion rupees ($13.78

Published 19 Sep, 2016 05:08pm

Energy

Oil climbs as Venezuela sees output deal, Libya suffers clashes

SINGAPORE: Oil prices rose almost 2 percent on Monday, after Venezuela said OPEC and non-OPEC producers were close to re

Published 19 Sep, 2016 07:26am

Energy

Oil prices up on Libya unrest, hopes for output deal

SINGAPORE: Oil prices edged up in Asia on Tuesday as OPEC member Venezuela indicated a deal to limit output is close whi

Published 19 Sep, 2016 06:05am

Energy

Asia Naphtha/Gasoline-Naphtha up on prospect of more trades west

SINGAPORE: Asia's naphtha crack hit a 2-1/2 month high of $48.05 a tonne on Friday lifted by rare westbound trades

Published 16 Sep, 2016 02:08pm

Energy

Oil prices down as Libya, Nigeria set to raise output

SINGAPORE: Oil prices fell in Asia Friday as the prospects of higher output from Libya and Nigeria further fuelled overs

Published 16 Sep, 2016 06:56am

Energy

Oil prices fall as US drillers add rigs, traders cut long positions

SINGAPORE: Crude prices fell over 1.5 percent on Monday after US oil drillers added rigs and producers adapt to cheaper

Published 12 Sep, 2016 09:11am

Energy

Oil prices suffer fresh losses in Asian trade

HONG KONG: Oil prices tumbled again Monday on a pick-up in drilling and a strong dollar as speculation swirled that the

Published 12 Sep, 2016 07:57am

Energy

China fuel exports cast fourth-quarter pall over global oil products

BEIJING: China's state oil refiners are readying to export more diesel and gasoline in coming months as a bleak outl

Published 12 Sep, 2016 07:01am

Energy

Oil prices extend losses in Asian trade

HONG KONG: Oil prices tumbled again Monday on a pick-up in drilling and a strong dollar as speculation swirled that the

Published 12 Sep, 2016 06:17am

Energy

Oil prices fall in Asia following sharp gains

SINGAPORE: Oil prices retreated Friday, taking a chunk out of the previous day's rally as investors digested data su

Published 09 Sep, 2016 08:02am

Energy

Oil extends gains after data shows huge stock draw

TOKYO: Oil prices extended gains by more than 1.5 percent on Thursday after industry data showed what might be the large

Published 08 Sep, 2016 07:10am

Energy

Oil prices extend gains on weak dollar, industry data

SINGAPORE: Oil prices rose built on recent gains Thursday thanks to a softer dollar and industry data indicating US stoc

Published 08 Sep, 2016 06:50am

Energy

Oil edges up, gains limited amid scepticism over freeze deal

TOKYO: Oil prices erased early losses to trade higher on Wednesday, but gains were limited as market participants remain

Published 07 Sep, 2016 06:42am

Energy

Oil prices up in Asia as dollar weakens

SINGAPORE: Oil prices rallied in Asia on Wednesday on the back of a weaker dollar but scepticism that key producers will

Published 07 Sep, 2016 05:59am

Energy

Iraq's oil output steady at 4.638mn bpd in August

SINGAPORE: Iraq's crude oil production in August remained steady at 4.638 million barrels per day compared with 4.63

Published 05 Sep, 2016 07:29pm

Energy

Asia Fuel Oil-Bulls rule in Asian fuel oil market as cracks and spreads remain strong

SINGAPORE: Asian fuel oil spreads and cracks remain strong due to continued optimism about supply and demand in the mark

Published 05 Sep, 2016 07:09pm

Energy

Oil prices reverse early losses, but glut worries cap gains

TOKYO: Crude prices reversed early losses on Monday as the dollar lost its momentum, but persistent concerns over a glob

Published 05 Sep, 2016 08:26am

Energy

Oil prices dip in Asia, Russia-Saudi talks disappoint

SINGAPORE: Oil prices slipped in Asia on Monday with traders disappointed by a lack of detail from Russia and Saudi Arab

Published 05 Sep, 2016 06:17am

Energy

Russia's Gazprom, China's CNPC ink pipeline construction deal

HANGZHOU: Russian gas giant Gazprom said on Sunday it had signed a contract with China National Petroleum Corp (CNPC) to

Published 04 Sep, 2016 04:09pm

Energy

Oil rebounds in Asia after steep falls

SINGAPORE: Oil prices edged up Friday on bargain-buying and a weaker dollar after another slump fuelled by a surge in US

Published 02 Sep, 2016 05:16am

Energy

Oil prices rebound on weaker dollar, supportive China manufacturing data

SINGAPORE: Oil prices rose in Asian trade on Thursday as the U.S. dollar weakened, rebounding from a more than 3 percent

Published 01 Sep, 2016 07:14am

Energy

Saudi Arabia to raise October crude prices to Asia

SINGAPORE: Top oil exporter Saudi Arabia is expected to raise prices for crude it sells to Asia in October, tracking the

Published 01 Sep, 2016 06:50am

Energy

Asia's July Iran oil imports rise 61pc from a year ago

TOKYO: Imports of Iranian oil by four major buyers in Asia in July jumped 61.1 percent from a year earlier, marking the

Published 31 Aug, 2016 10:17am

Energy

Oil dips on stronger dollar, rise in US crude inventories

SINGAPORE: Crude oil futures dipped on Wednesday as the U.S. dollar held around three-week highs and industry stocks dat

Published 31 Aug, 2016 08:49am

Energy

Oil prices fall on rising Iraq output, doubt over producer talks

SINGAPORE: Oil prices fell about 1 percent on Monday as Iraq's production rose and as Iran said it would only cooper

Published 29 Aug, 2016 06:50am

Energy

Oil prices sink in Asia on strong dollar, output fears

SINGAPORE: Oil prices tumbled in Asia Monday on a strong dollar and after key OPEC producers downplayed the prospects of

Published 29 Aug, 2016 06:38am

Energy

VTTI says it resumes operations at Malaysia terminal

SINGAPORE: VTTI, the storage unit of world's largest oil trader Vitol, said late on Friday it has resumed operations

Published 27 Aug, 2016 09:02am

Energy

Vietnam's Jan-Aug crude oil exports fall 25.7pc y/y

HANOI: Vietnam's crude oil exports in the first eight months of 2016 fell 25.7 percent from a year ago to an estimat

Published 26 Aug, 2016 11:19am

Energy

Oil prices extend losses as dealers eye output talks

SINGAPORE: Oil prices edged down again in Asian trade Thursday, a day after suffering hefty losses in response to data s

Published 25 Aug, 2016 06:21am

Energy

Oil prices down in Asia, Brent stays below $50

SINGAPORE: Oil fell in Asia on Wednesday after industry data showing an increase in US crude stocks added to oversupply

Published 24 Aug, 2016 07:40am

Energy

Asia Naphtha/Gasoline-Gasoline nears 8-week high, China exports ease

SINGAPORE: Asia's naphtha crack edged up 55 cents to reach a two-session high of $23.43 a tonne but the crack value

Published 22 Aug, 2016 06:56pm

Energy

South Korea's KNOC says drops oil field project in Iraq's Sangaw South

SEOUL: State-owned Korea National Oil Corp (KNOC) has decided to drop out of Iraq's Sangaw South oil field project b

Published 22 Aug, 2016 06:28pm

Energy

Asia Distillates-Jet fuel discount deepest in nearly 11 months

SINGAPORE: Asia's jet fuel discount to Singapore quotes widened by 3 cents to $0.95 cents a barrel on Monday, the de

Published 22 Aug, 2016 06:26pm

Energy

Oil down in Asia on Iraq export boost, stronger dollar

SINGAPORE: Oil prices eased in Asia Monday, ending a seven-day run, following news that Iraq will boost crude exports, w

Published 22 Aug, 2016 06:22am

Energy

Brent holds firmly above $50 as oil returns to bull market

SINGAPORE: Brent crude held firmly above $50 a barrel in Asian trade Friday as a bullish momentum continued, fuelled by

Published 19 Aug, 2016 06:27am

Energy

Oil dips in Asia amid Saudi Arabia output boost reports

SINGAPORE: Oil prices eased slightly in Asia Thursday amid reports OPEC kingpin Saudi Arabia would further raise output

Published 18 Aug, 2016 05:58am

Energy

Oil stays above $46 as market ponders output freeze calls

SINGAPORE: Oil prices fell in Asia Wednesday as investors booked profits from recent gains, but stayed above $46 on hope

Published 17 Aug, 2016 08:12am

Energy

Oil halts rally as market weighs chance of output freeze

SINGAPORE: Oil prices eased in Asia trade Tuesday but held above $45 a barrel as the market weighed the possibility of m

Published 16 Aug, 2016 06:51am

Energy

Oil extends gains above $44 on output freeze hopes

SINGAPORE: Oil traded above $44 a barrel in Asia Monday, extending gains on hopes crude producers would agree to freeze

Published 15 Aug, 2016 06:51am

Energy

Oil extends gains as Saudi comments fan output cut hopes

SINGAPORE: Crude prices rose in Asia Friday, extending overnight gains after Saudi Arabia's oil minister hinted prod

Published 12 Aug, 2016 08:27am

Energy

Oil continues decline on supply glut

SINGAPORE: Oil prices fell for a third day in Asia trade Thursday after figures showing high US crude stockpiles and inc

Published 11 Aug, 2016 08:03am

Energy

Oil prices dip on US crude inventory build, record Saudi output

SINGAPORE: Oil prices fell on Thursday as a build in U.S. crude inventories and record Saudi Arabian production reinforc

Published 11 Aug, 2016 07:37am

Energy

Oil falls as glut, profit-taking beat back optimism over OPEC meet

TOKYO: Crude prices fell on Tuesday as continued worries over a global oil glut and profit-taking on gains of nearly 3 p

Published 09 Aug, 2016 07:46am

Energy

Oil prices retreat in Asia trade

SINGAPORE: Oil prices retreated in Asia trade after rebounding overnight on news that OPEC is planning informal talks ne

Published 09 Aug, 2016 06:50am

Energy

Azeri oil exports via Turkey pipeline up 5pc Jan-July

BAKU: Azeri oil exports through the Baku-Tbilisi-Ceyhan (BTC) pipeline via Georgia and Turkey totalled 17.7 million tonn

Published 08 Aug, 2016 09:02pm

Energy

Oil prices up in Asian trade

SINGAPORE: Oil edged higher to near $42 a barrel in Asia Monday but analysts said the increase was unlikely to last as t

Published 08 Aug, 2016 10:08am

Energy

China fuel exports hit record in July, crude imports up 1.2pc

BEIJING: China's fuel exports rose to a record in July as easing demand growth and a surplus in refined oil products

Published 08 Aug, 2016 07:23am

Energy

Oil rises on new output freeze calls, but traders bet on further falls

SINGAPORE: Oil prices rose on Monday, lifted by reports of renewed talks by some members of the Organization of the Petr

Published 08 Aug, 2016 07:09am

Energy

Essar Oil's fuel exports to fall in 2018/19 as focus shifts to local sales

VADINAR: Indian refiner Essar Oil's fuel exports will sharply drop in 2018/19 as it ramps up local sales by doubling

Published 07 Aug, 2016 05:19pm

Energy

Asia Distillates-High supplies across regions pressure prices

SINGAPORE: Asia's jet fuel discount to Singapore quotes stayed at 70 cents a barrel on Friday, unchanged from the pr

Published 05 Aug, 2016 03:59pm

Energy

Oil prices down on profit-taking

SINGAPORE: Oil prices fell in Asia on profit-taking Friday following two days of gains, with concerns about a global ove

Published 05 Aug, 2016 06:32am

Energy

Oil prices diverge on mixed US data

SINGAPORE: Oil prices diverged in Asia on Thursday following a mixed US stockpiles report while analysts warned of furth

Published 04 Aug, 2016 07:59am

Energy

Oil prices bounce on US gasoline stock draw, dollar's decline

SINGAPORE: Oil prices rose on Thursday, extending gains from the previous session following a large draw in US gasoline

Published 04 Aug, 2016 06:36am

Energy

Oil continues climb on mixed US data

SINGAPORE: Oil prices extended their rebound in Asia on Thursday following a mixed set of US stockpile data but analysts

Published 04 Aug, 2016 06:19am

Energy

India's July Iranian crude imports surge 21pc to five-month high

NEW DELHI: India's July oil imports from Iran rose by over a fifth from June, surging to its highest level in five m

Published 03 Aug, 2016 11:09am

Energy

Middle East Crude-Oman rises to 2-month high

SINGAPORE: Middle East crude benchmarks were mixed on Wednesday with DME Oman's premium to Dubai swaps hitting a 2-m

Published 03 Aug, 2016 10:42am

Energy

US crude remains below $40 as oversupply weighs

SINGAPORE: Oil prices remained weak on Wednesday, with U.S. crude below $40 per barrel and Brent under $42, as fuel over

Published 03 Aug, 2016 09:06am

Energy

Oil edges higher in Asia but US crude stays below $40

SINGAPORE: Oil edged higher in Asia Wednesday after industry data showed a decline in US crude inventories, but prices s

Published 03 Aug, 2016 06:02am

Energy

US crude edges back over $40, but oversupply still weighs

SINGAPORE: Oil prices edged up on Tuesday after U.S. crude broke below $40 per barrel the previous session, but traders

Published 02 Aug, 2016 07:46am

Energy

Oil prices push higher after entering bear market

SINGAPORE: Oil prices pushed higher on Tuesday, scraping back losses as bargain-buyers took advantage of a weaker dollar

Published 02 Aug, 2016 06:15am

Energy

Oil rises after month of steady decline but oversupply still weighs

SINGAPORE: Oil rose on Monday, driven by new orders as traders staked out positions at the start of the new month, but t

Published 01 Aug, 2016 07:00am

Energy

Oil prices up in Asia but oversupply worries weigh

SINGAPORE: Oil prices edged up rose in Asia on Monday as the dollar weakened while bargain-buyers moved in following a r

Published 01 Aug, 2016 06:12am

Energy

China's Sinopec says section of gas pipeline reopened after fire

BEIJING: China's Sinopec said a section of the Sichuan-East China gas pipeline reopened on Saturday, 10 days after i

Published 31 Jul, 2016 04:56pm

Energy

Bangladesh fuel oil tender attracts lower premiums than term deals

DHAKA: Bangladesh Petroleum Corp (BPC) has received offers in its first tender to buy fuel oil at premiums lower than it

Published 31 Jul, 2016 04:53pm

Energy

India's IOC to cut diesel prices by 3.7pc from Monday

MUMBAI: Indian Oil Corp (IOC) will cut the price of diesel by 3.7 percent from Monday and that of gasoline by 2.3 percen

Published 31 Jul, 2016 04:27pm

Energy

Oil prices fall to fresh April lows as oversupply bites

SINGAPORE: Oil prices fell to fresh April lows on Friday as slowing economic growth threatened to worsen ongoing oversup

Published 29 Jul, 2016 08:02am

Energy

Oil prices sink further as glut worries return

SINGAPORE: Oil prices fell further towards the $40 mark in Asia Friday, extending losses to a seventh-straight day on re

Published 29 Jul, 2016 06:33am

Energy

Oil slightly higher after five-day slump

SINGAPORE: Oil prices edged up in Asia Thursday after slumping for five-straight sessions to a three-month low after a s

Published 28 Jul, 2016 06:32am

Energy

Oil prices extend losses on fresh supply glut fears

SINGAPORE: Oil prices slipped for a fourth straight day to fresh three-month lows Wednesday as worries about a global ov

Published 27 Jul, 2016 06:54am

Energy

Oil prices extend losses on supply glut

SINGAPORE: Oil prices dipped in Asia on Friday, extending the previous day's sharp losses, while analysts warned the

Published 22 Jul, 2016 09:31am

Energy

Oil prices edge up on weaker dollar

SINGAPORE: Oil prices ticked higher Friday following the previous day's sharp losses and helped by a weaker dollar,

Published 22 Jul, 2016 06:28am

Energy

Oil edges up on increased US stockpile

SINGAPORE: Oil prices edged up in Asia Thursday following US data showing a drop in crude inventories, a sign of a tight

Published 21 Jul, 2016 07:47am

Energy

Bangladesh holds first tender for fuel oil, seeks 160,000 tonnes

DHAKA: Bangladesh Petroleum Corp (BPC) has issued its first tender to buy fuel oil as part of efforts to move away from

Published 18 Jul, 2016 12:02pm

Energy

Oil prices rise in Asia after positive US, China data

SINGAPORE: Oil prices extended their rise in Asia Monday as robust economic data from the United States and China fuelle

Published 18 Jul, 2016 08:19am

Energy

Bangladesh seeks 160,000 tonnes of fuel oil in first tender

DHAKA: Bangladesh Petroleum Corp (BPC) has issued its first tender to buy fuel oil, in a move from direct-term deals wit

Published 18 Jul, 2016 07:23am

Energy

Asia Naphtha/Gasoline-Naphtha recovers but prices stay depressed

SINGAPORE: Asia's naphtha crack snapped seven straight sessions of losses on Friday, recovering from a 1-1/2 year lo

Published 15 Jul, 2016 03:03pm

Energy

Oil prices down on resurgent supply glut worries

SINGAPORE: Oil tumbled in Asia Friday, bucking an equities rally as worries over a supply glut and weak demand returned,

Published 15 Jul, 2016 04:48am

Energy

Oil prices rebound on weaker dollar, bargain-buying

SINGAPORE: Oil prices rebounded in Asia Thursday thanks to a weak dollar and bargain-hunting a day after the commodity s

Published 14 Jul, 2016 05:50am

Energy

Oil prices dip in Asia as oversupply worries return

SINGAPORE: Oil prices turned lower again in Asia on Wednesday after data indicated a rise in US stockpiles, reigniting c

Published 13 Jul, 2016 06:03am

Energy

Oil drops as investors lock in gains; surprise US stockpile build

SINGAPORE: Crude futures fell on Wednesday as investors locked in gains after oil prices surged nearly 5 percent in the

Published 13 Jul, 2016 04:50am

Energy

Oil and shipping markets on edge after South China Sea ruling

SINGAPORE: Global oil and shipping markets reacted nervously on Tuesday after an international arbitration court ruled a

Published 12 Jul, 2016 11:44am

Energy

Oil rises on brief Iraq loading halt; bearish investors cap gains

SINGAPORE: Oil futures moved away from two-month lows on Tuesday as a brief halt in Iraqi crude loadings threatened to t

Published 12 Jul, 2016 07:55am

Energy

Oil prices rise on Iraq loading worries; bearish investors cap gains

SINGAPORE: Oil futures rose on Tuesday as an interruption in Iraqi crude loadings at Basra threatened to tighten supplie

Published 12 Jul, 2016 06:18am

Energy

Oil prices rise up but supply worries temper gains

SINGAPORE: Oil prices recovered Tuesday but stayed near two-month lows as increased US drilling, a strong dollar and hin

Published 12 Jul, 2016 04:52am

Energy

Asia-Pacific Crude-Narrow Brent-Dubai spread supports

SINGAPORE: The Asia-Pacific crude market was supported on Monday after Brent's premium to Dubai shrank to the narrow

Published 11 Jul, 2016 10:58am

Energy

Iran cuts Aug crude prices for Asia, Med to gain market share

SINGAPORE: OPEC producer Iran cut prices for August crude sales to Asia, the Mediterranean and from the port of Sidi Ker

Published 11 Jul, 2016 07:36am

Energy

Oil near 2-month low on economic woes; drillers adjust to lower prices

SINGAPORE/TOKYO: Oil fell on Monday over signs that U.S. shale drillers have adapted to lower prices and on renewed indi

Published 11 Jul, 2016 06:35am

Energy

Brent oil falls below $50 as Nigeria ups production

SINGAPORE: Oil prices retreated in Asia Tuesday, with Brent easing below $50 on news of increased production from Nigeri

Published 05 Jul, 2016 05:58am

Energy

Asia-Pacific Crude-Market steady as traders await tender results

SINGAPORE: The Asia-Pacific crude market crude market was steady on Monday as traders awaited outstanding tender results

Published 04 Jul, 2016 03:43pm

Energy

Asia Distillates-Gasoil stays firm; China exports seen much higher

SINGAPORE: Asia's gasoil crack edged down by less than 1 percent to about $12.30 a barrel on Monday, after the value

Published 04 Jul, 2016 03:35pm

Energy

Oil rises as market seen in balance, but slow Asian demand hurts

TOKYO/SINGAPORE: Oil prices rose on Monday following comments from the Saudi energy minister that the market was heading

Published 04 Jul, 2016 08:14am

Energy

Oil stable as market seen in balance, but slow Asian demand hurts

TOKYO/SINGAPORE: Oil futures were steady on Monday following comments from the Saudi energy minister that the market was

Published 04 Jul, 2016 05:23am

Energy

Oil prices edge up as Brent pushes further above $50

SINGAPORE: Crude prices edged up in Asia on Monday, building on recent gains with Brent holding above $50 after Nigerian

Published 04 Jul, 2016 05:05am

Energy

Asia Distillates-Gasoil holds but China supply may hurt sellers

SINGAPORE: Asia's gasoil crack edged down by 5 cents to $12.35 a barrel on Friday after the value shot to more than

Published 01 Jul, 2016 04:09pm

Energy

Oil prices up as global markets recover post Brexit

SINGAPORE: Oil prices rose in Asia on Friday as traders welcomed assurances from central bank around the world that they

Published 01 Jul, 2016 10:41am

Energy

Asia-Pacific Crude-ESPO holds steady, Thang Long weakens

SINGAPORE: The Asia-Pacific crude market stayed weak as PV Oil sold Thang Long at a lower differential compared with the

Published 30 Jun, 2016 02:44pm

Energy

Asia Fuel Oil-380-cst contango and cash discounts widen despite inventory draw

SINGAPORE: Front-month July-August time spreads and cash discounts of 380-cst fuel edged lower on Thursday despite a dro

Published 30 Jun, 2016 01:07pm

Energy

Iran's July oil exports to fall but 70pc higher than year ago: source

TOKYO: Iran's oil exports in July are set to fall from June levels as the country battles Saudi Arabia and Iraq for

Published 30 Jun, 2016 07:31am

Energy

Oil falls on improving supply outlook, economic worries

SINGAPORE: Oil prices fell on Thursday as the prospects for supply improved while the economic outlook darkened, but ana

Published 30 Jun, 2016 07:14am

Energy

Oil prices dip on oversupply concerns

SINGAPORE: Oil prices fell in Asia on Thursday as supply outlook improved with both commodities hovering close to the ke

Published 30 Jun, 2016 05:07am

Energy

Asia Distillates-Gasoil holds steady; high volume of cash deals done

SINGAPORE: Asia's gasoil benchmark 500ppm grade cash differential to Singapore quotes extended gains to reach a prem

Published 29 Jun, 2016 03:38pm

Energy

Oil prices rise on Norway strike threat; Brexit shock fades

SINGAPORE: Oil rose on Wednesday as financial traders poured money back into commodities following the initial shock of

Published 29 Jun, 2016 09:33am

Energy

Gas Malaysia raises non-power gas tariff by 5.95pc from July 15

KUALA LUMPUR: Gas Malaysia Bhd , the country's sole supplier of natural gas except to the power sector, announced a

Published 29 Jun, 2016 08:51am

Energy

Asia Fuel Oil-Fuel oil crack strengthens as July supplies narrow

SINGAPORE: Asia's fuel oil crack for benchmark 180-centistoke was at its narrowest discount to Dubai crude in more t

Published 28 Jun, 2016 04:14pm

Energy

Asia Distillates-Gasoil seen higher on recent lower overall exports

SINGAPORE: Asia's gasoil crack for benchmark 500ppm grade hit a four-session high of $11.90 a barrel on Tuesday, sup

Published 28 Jun, 2016 02:21pm

Energy

Oil prices up in Asia but traders on edge over Brexit crisis

SINGAPORE: Oil prices rebounded in Asia Tuesday on bargain hunting but tremors from Britain's shock vote last week t

Published 28 Jun, 2016 09:36am

Energy

Oil prices stabilize after Brexit vote, but refined products glut looms

SINGAPORE: Oil prices stabilized on Monday as market participants better absorbed the shock of last week's vote in G

Published 27 Jun, 2016 08:44am

Energy

Oil extends slide on worries about impact of Brexit

SINGAPORE: Oil prices suffered fresh losses in Asian trade Monday as the fallout from last week's decision by Britai

Published 27 Jun, 2016 05:12am

Energy

Oil prices fall as Brexit lingers, refined products glut looms

SINGAPORE: Oil prices dropped on Monday, extending sharp declines after Britain's vote to leave the European Union s

Published 27 Jun, 2016 04:57am

Energy

ChemChina to take 40pc stake in Rosneft's petrochemical project

MOSCOW: Russia's biggest oil producer Rosneft said on Saturday that China National Chemical Corporation (ChemChina)

Published 25 Jun, 2016 08:51am

Energy

China's end-May diesel stocks fall 5.4pc on mth, gasoline supplies rise

BEIJING: China's commercial crude oil stocks at the end of May rose 0.9 percent from the previous month and refined

Published 24 Jun, 2016 02:44pm

Energy

Middle East Crude-Benchmarks gain for 2nd session despite Brexit

SINGAPORE: The Middle East crude benchmarks gained for a second session on Friday, supported by demand from Shell, even

Published 24 Jun, 2016 12:44pm

Energy

Asia-Pacific Crude-Weak margins depress light grades

SINGAPORE: Light sweet grades and condensate in the Asia-Pacific crude market weakened on Friday, dragged down by soft m

Published 24 Jun, 2016 12:25pm

Energy

Asia Naphtha/Gasoline-Naphtha extends losses; discounts widen

SINGAPORE: Asia's naphtha crack extended losses to touch its lowest in six sessions at $51.75 a tonne as heavy suppl

Published 23 Jun, 2016 03:43pm

Energy

Asia Distillates-Gasoil cash differential flips to discount

SINGAPORE: Asia's gasoil cash differential for the benchmark 500ppm grade flipped to a discount on Thursday as the n

Published 23 Jun, 2016 03:07pm

Energy

Oil prices rise as markets on tenterhooks ahead of Brexit vote

TOKYO: Oil prices rose in early Asian trading on Thursday, shrugging off a smaller than expected decline in U.S. stockpi

Published 23 Jun, 2016 08:47am

Energy

Asia-Pacific Crude-Firm on Shell's demand, lower Vietnamese exports

SINGAPORE: Asia-Pacific crude market stayed firm on Wednesday, supported by a drop in Vietnamese exports and demand from

Published 22 Jun, 2016 03:57pm

Energy

Asia Distillates-Gasoil cracks hold above $12, cash differentials unchanged

SINGAPORE: Asia's gasoil crack for the benchmark 500ppm grade edged 9 cents lower on Wednesday to $12.15 a barrel, b

Published 22 Jun, 2016 03:02pm

Energy

Middle East Crude-Oman slips into discount

SINGAPORE: The Middle East crude market weakened further on Wednesday with Oman flipping into a discount against Dubai s

Published 22 Jun, 2016 10:17am

Energy

Oil prices above $50, buoyed by US stock draw

TOKYO: Oil prices rose in early Asian trading on Wednesday, with U.S. crude joining Brent above $50 a barrel after data

Published 22 Jun, 2016 09:49am

Energy

Oil edges up on weaker dollar as Britain EU vote looms

SINGAPORE: Oil climbed in Asia Wednesday after Federal Reserve boss Janet Yellen's cautious remarks on the US econom

Published 22 Jun, 2016 07:29am

Energy

India's Mahanagar Gas up to $154 mln IPO fully covered on 1st day

MUMBAI: India's Mahanagar Gas Ltd's up to $154 million initial public offering was fully subscribed on Tuesday,

Published 21 Jun, 2016 01:26pm

Energy

Oil prices fall for first time in three days

TOKYO: Oil prices fell in Asian trade after a strong two-day rally that was fed by easing concerns Britain would leave t

Published 21 Jun, 2016 08:15am

Energy

China plans energy-sector technology capacity boost over next decade

BEIJING: China wants to boost its domestic capacity to produce cutting-edge energy technologies in the next decade to ch

Published 21 Jun, 2016 07:59am

Energy

Oil prices dip ahead of British EU vote, US stockpiles

SINGAPORE: Oil prices fell in Asia Tuesday, snapping two days of gains, ahead of a report on US crude inventories and th

Published 21 Jun, 2016 07:47am

Energy

Middle East Crude-Dubai falls for 7th session; Murban's discount widens

SINGAPORE: The Middle East crude market weakened further on Monday with cash Dubai down for the seventh session, while a

Published 20 Jun, 2016 12:49pm

Energy

Asia Naphtha/Gasoline-Naphtha and gasoline cracks weighed by supply concerns

SINGAPORE: Asia's naphtha crack slipped $1.43 to $52.40 a tonne on Monday, as ample supplies weighed on market senti

Published 20 Jun, 2016 12:08pm

Energy

Oil extends rebound on weak dollar, easing fears of Brexit

SINGAPORE: Oil prices extended gains in Asia Monday thanks to a weaker US dollar and easing fears of Britain's exit

Published 20 Jun, 2016 07:50am

Currency	Rate
USD PKR Interbank Selling / Jan 8	278.78
USD PKR Interbank Buying / Jan 8	278.58
USD to Japanese Yen / Jan 8	158.14
USD to Swiss Franc / Jan 8	0.91
Pound Sterling to USD / Jan 8	1.25
Euro to USD / Jan 8	1.04

Stock	Volume
S&P 500 / Jan 7	5,909.03
Nasdaq / Jan 7	19,489.68
FTSE 100 / Jan 7	8,245.28
Dow Jones / Jan 7	42,528.36
Germany DAX 30 / Jan 7	20,340.57
France CAC40 / Jan 7	7,489.35
India Sensex / Jan 8	77,786.54
Tokyo Nikkei / Jan 8	40,008.25

Item	Value
Karachi Cotton PKR/37.32 KG / Jan 7	18,285
Gold 10 Grams PKR / Jan 7	236,625
Petrol/Litre / Jan 8	252.66
Crude Oil USD/Barrel / Jan 8	74.85
Gold Spot USD/Ounce / Jan 8	2,650.51
Diesel/Litre / Jan 8	258.34

Stock	Price
PICIC Ins.Ltd. / Jan 8 PICIC Insurance Limited(PIL)	3.29 ▲ 0.40 (13.84%)
Dadabhoy Cement / Jan 8 Dadabhoy Cement Industries Limited(DBCI)	6 ▲ 0.61 (11.32%)
JS Bank Ltd / Jan 8 JS Bank Limited(JSBL)	10.41 ▲ 1.00 (10.63%)
Paramount Mod / Jan 8 First Paramount Modaraba(FPRM)	10.24 ▲ 0.97 (10.46%)
Sec. Inv. Bank / Jan 8 Security Investment Bank Limited(SIBL)	12.38 ▲ 1.13 (10.04%)
Ahmad Hassan / Jan 8 Ahmad Hassan Textile Mills Limited(AHTM)	59.90 ▲ 5.45 (10.01%)
Asia Ins. / Jan 8 Asia Insurance Company Limited(ASIC)	14.29 ▲ 1.30 (10.01%)
D.M. Textile / Jan 8 D.M. Textile Mills Limited(DMTX)	60.58 ▲ 5.51 (10.01%)
Dawood Lawrencepur / Jan 8 Dawood Lawrencepur Limited(DLL)	296.12 ▲ 26.92 (10.00%)

Stock	Price
JS Mom. Factor ETF / Jan 8 JS Momentum Factor ETF(JSMFETF)	15.15 ▼ -2.18 (-12.58%)
Ali Asghar / Jan 8 Ali Asghar Textile Mills Limited(AATM)	78.82 ▼ -8.76 (-10.00%)
Faisal Sp. / Jan 8 Faisal Spinning Mills Limited(FASM)	292.37 ▼ -32.48 (-10.00%)
Khairpur Sug. / Jan 8 Khairpur Sugar Mills Limited(KPUS)	133.71 ▼ -14.86 (-10.00%)
Liven Pharma / Jan 8 Liven Pharma Limited(LIVEN)	178.53 ▼ -19.84 (-10.00%)
Suhail Jute / Jan 8 Suhail Jute Mills Limited(SUHJ)	156.38 ▼ -17.38 (-10.00%)
Frontier Ceram / Jan 8 Frontier Ceramics Limited(FRCL)	24.23 ▼ -2.69 (-9.99%)
National Silk / Jan 8 The National Silk & Rayon Mills Limited(NSRM)	49.90 ▼ -5.54 (-9.99%)
Shahzad Tex. / Jan 8 Shahzad Textile Mills Limited(SZTM)	27.10 ▼ -2.77 (-9.27%)

Stock	Volume
WorldCall Telecom / Jan 8 Worldcall Telecom Limited(WTL)	487,388,637 ▲ 0.11
Cnergyico PK / Jan 8 Cnergyico PK Limited(CNERGY)	76,600,722 ▼ -0.30
K-Electric Ltd. / Jan 8 K-Electric Limited(KEL)	45,707,217 ▼ -0.02
Fauji Foods Ltd / Jan 8 Fauji Foods Limited(FFL)	36,987,542 ▼ -0.12
Sui South Gas / Jan 8 Sui Southern Gas Company Limited(SSGC)	33,354,890 ▲ 3.16
Pak Stock Exchange / Jan 8 Pakistan Stock Exchange Limited(PSX)	27,144,749 ▼ -1.75
Pak Refinery / Jan 8 Pakistan Refinery Limited(PRL)	23,513,012 ▼ -1.93
B.O.Punjab / Jan 8 The Bank of Punjab(BOP)	22,768,455 ▼ -0.12
Pak Elektron / Jan 8 Pak Elektron Limited(PAEL)	20,370,180 ▼ -0.09