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Platts 05/27/2020 04:27
Feature: China facing methanol dilemma as imports surge, storage tanks pivot to oil.
More from Platts: 05/26/2020 12:00
In fact, last month Saudi Arabia fell to the third spot among Chinese oil suppliers, with Iraq taking number-two.
More from 05/25/2020 07:09
Two government sources told Reuters last month that a ban on gasoline imports was being considered to protect Russia’s market from a possible flood of cheap fuel.
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In mid-April, the Vietnam Oil and Gas Group (PVN) urged relevant ministries to halt petrol and oil imports to support Dung Quat and Nghi Son refineries as domestic sales struggled, resulting in high inventories, sometimes at more than 90 per cent of their storage capacity ...
More from Intellasia East Asia News (Vietnam):
Financial Express (India) 05/20/2020 15:30
As FE recently reported, with domestic crude production becoming increasingly unviable in the low global oil price regime, the government has decided to revise production sharing contracts (PSC) of private oil producers to spur investments.
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Egypt Oil & Gas 05/19/2020 05:07
Despite this, the world’s top oil exporter’s crude oil production dropped by 0.051 mmbbl/d month-on-month to 9.733 mmbbl/d in March.
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Al Arabiya English (Dubai) 05/18/2020 12:19
Kpler, a company that tracks oil flows, said OPEC+ seaborne oil exports have declined by 6.3 million bpd over the past month towards 27 million bpd, calling the decline a “stunning reversal” from April when producers pumped at will.
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Trend News Agency is a leading news provider from the Caucasus, Caspian and Central Asian regions. Latest news from Azerbaijan, Georgia, Kazakhstan, Turkmenistan, Uzbekistan, Iran and Turkey.
More from Trend News Agency (Azerbaijan): 05/18/2020 05:10
While the higher processing rate reflects a recovery in fuel demand in China after it lifted most lockdown restrictions, it also raises the likelihood that more refined products will be exported into a well-supplied Asian market.
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Financial Post (Canada) 05/18/2020 01:28
LAUNCESTON — The rebound in China’s crude oil processing in April looms large over Asia’s refineries, which are already battling weak profit margins from the slump in fuel demand caused by lockdowns aimed at containing the coronavirus pandemic. China’s refineries processed the equivalent of 13.1 million barrels per day (bpd) in April, up from a […]
More from Financial Post (Canada): (India) 05/17/2020 17:38
BPC has sought 870,000 tonnes of gasoil with sulphur content of no more than 500 parts per million (ppm), 120,000 tonnes of jet fuel, 20,000 tonnes of 180-centistoke high sulphur fuel oil and 30,000 tonnes of 95-octane gasoline in a tender issued this month.
More from (India):
WorldOil 05/14/2020 07:12
The president has threatened to impose tariffs on Saudi crude imports, and he helped orchestrate last month’s output-cuts agreement between the Organization of Petroleum Exporting Countries and allies such as Russia.
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