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