Edition:
United Kingdom

Florence Tan

RPT-Asia refiners test the waters with exports of IMO 2020-compliant fuel

17 Jul 2019

SEOUL/SINGAPORE, July 16 Refineries in Taiwan and South Korea are testing the market for fuels that meet new rules for low-sulphur ship fuel starting next year, exporting some cargoes of very low-sulphur fuel oil (VLSFO) this month.

Asia refiners test the waters with exports of IMO 2020-compliant fuel

16 Jul 2019

SEOUL/SINGAPORE Refineries in Taiwan and South Korea are testing the market for fuels that meet new rules for low-sulphur ship fuel starting next year, exporting some cargoes of very low-sulphur fuel oil (VLSFO) this month.

Asia refiners test the waters with exports of IMO 2020-compliant fuel

16 Jul 2019

SEOUL/SINGAPORE, July 16 Refineries in Taiwan and South Korea are testing the market for fuels that meet new rules for low-sulphur ship fuel starting next year, exporting some cargoes of very low-sulphur fuel oil (VLSFO) this month.

Oil prices edge down ahead of expected weak China data

15 Jul 2019

SINGAPORE, July 15 Oil prices edged down on Monday, dragged down by expectations that China, the world's largest crude oil importer, will post its slowest pace of economic growth in at least 27 years as the Sino-U.S. trade war bites.

UPDATE 2-Supply cuts lift Asia oil refining margins to highest since Sept 2017

12 Jul 2019

* Asia oil refining margins more than triple in last three wks -data

Australia's Woodside starts commissioning at Greater Enfield oil project

10 Jul 2019

SINGAPORE Australia's Woodside Petroleum Ltd has started commissioning activities at the $1.9 billion Greater Enfield oil project off the state of Western Australia, two people with knowledge of the matter said on Wednesday.

Saudi Arabia may cut August crude oil prices to Asia - sources

02 Jul 2019

SINGAPORE Top oil exporter Saudi Arabia is expected to cut prices of most crude grades it sells to Asia in August after Middle East benchmarks weakened last month, trade sources said on Tuesday.

Oil prices rise more than 1 pct after Russia agrees to extend OPEC+ deal

01 Jul 2019

SINGAPORE, July 1 Oil prices rose more than $1 a barrel on Monday after Russia agreed with Saudi Arabia to extend supply cuts for another six to nine months ahead of an OPEC meeting this week.

Shell grabs 30 cargoes of Mideast crude for Aug on Platts, RIM platforms

28 Jun 2019

SINGAPORE Royal Dutch Shell has bought a total of 15 million barrels of Middle East crude for loading in August through deals on pricing platforms Platts and RIM during this month, according to trade sources and data collected by Reuters.

Asia's Iran oil imports fall to lowest in at least five years in May

28 Jun 2019

SINGAPORE Asia's crude oil imports from Iran fell in May to the lowest in at least five years after China and India wound down purchases amid U.S. sanctions, while Japan and South Korea halted imports, data from government and trade sources showed on Friday.

World News