Edition:
United Kingdom

Koustav Samanta

UPDATE 3-Oil prices rise, but U.S.-China trade tensions drag

06 Aug 2019

* Traders look to U.S. inventory data (Adds comment, updates prices)

Asia jet fuel premiums at highest seasonal peak since 2013, but may soon fade

06 Aug 2019

SINGAPORE Asian jet fuel buyers are paying the highest cash premiums for this time of year since 2013 amid a short-term supply shortage, but the values are likely to fade as late summer travel demand slumps in coming weeks and refiners ramp production back up.

Oil prices edge up but U.S.-China trade war drags

06 Aug 2019

SINGAPORE, Aug 6 Oil prices edged up on Tuesday, but remained under pressure as the escalating U.S.-China trade war stoked concerns over global economic growth and future demand for crude.

Finland's Neste expands Singapore refinery as it taps renewable growth

31 Jul 2019

SINGAPORE Finnish biofuel producer and oil refiner Neste is spending 1.4 billion euros (£1.2 billion) to more than double output at its Singapore refinery to meet rising global demand for renewable energy.

Oil prices ease as traders weigh Middle East tensions, demand

23 Jul 2019

SINGAPORE, July 23 Oil prices inched lower on Tuesday as the International Energy Agency (IEA) said it would act quickly if needed to keep the market supplied amid tensions in the Middle East and traders eyed a weaker demand outlook.

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

15 Jul 2019

NEW DELHI/SINGAPORE July 12 India's strong diesel demand growth is decoupling from the car market as motorists increasingly turn to gasoline vehicles, leaving it more reliant on patchy demand from construction and heavy industry.

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

12 Jul 2019

NEW DELHI/SINGAPORE India's strong diesel demand growth is decoupling from the car market as motorists increasingly turn to gasoline vehicles, leaving it more reliant on patchy demand from construction and heavy industry.

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

12 Jul 2019

NEW DELHI/SINGAPORE July 12 India's strong diesel demand growth is decoupling from the car market as motorists increasingly turn to gasoline vehicles, leaving it more reliant on patchy demand from construction and heavy industry.

Asian jet fuel margins soar to near six-month high on summer aviation demand

28 Jun 2019

SINGAPORE Asian refining margins for jet fuel have surged to their highest in nearly six months and their strongest seasonal levels in the last six years, as heavy demand for summer travel boosts an already-thriving aviation market.

Mutmaßliche Angriffe auf zwei Tankschiffe im Golf von Oman

13 Jun 2019

Dubai/Singapur Zwei mutmaßlichen Angriffe auf Tanker im Golf von Oman haben an Donnerstag die Spannungen in der Region erhöht.

World News

Iran tanker heads to Greece, U.S. warns against helping vessel

An Iranian tanker at the centre of an angry confrontation between Iran and Washington sailed for Greece on Monday after it was freed from detention off Gibraltar, as Washington called the release unfortunate and warned Greece and Mediterranean ports against helping the vessel.