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United Kingdom

Koustav Samanta

Asian jet fuel profit margins hit over eight-month low on weak demand

13 Mar 2019

SINGAPORE Asian refining margins for jet fuel dropped for a second straight session on Wednesday to their lowest levels in more than eight months, as crude prices firmed and demand for the distillate fuel remained weak.

Asian jet fuel profit margins hit over 8-month low on weak demand

13 Mar 2019

* Jet fuel profits slump despite strong aviation demand in Asia

India's diesel demand to hit record highs in 2019 as country goes to polls

28 Feb 2019

SINGAPORE/NEW DELHI India's diesel consumption may rise to a record this year on increasing infrastructure spending by the current government as it tries to hold off challengers in general elections that will be held over April and May.

UPDATE 3-Oil prices dip on worries fuel demand to stall as global growth slows

24 Jan 2019

SINGAPORE, Jan 24 Oil prices declined on Thursday on lingering concerns that slowing global economic growth may limit fuel demand and after a surprise build in U.S. crude inventories.

U.S. oil inches down amid concerns of economic slowdown

11 Jan 2019

SINGAPORE, Jan 11 U.S. oil prices edged down on Friday as concerns over economic growth were rekindled after talks fell short of offering concrete steps to end the Sino-U.S. trade conflict, although OPEC-led production cuts bolstered sentiment in crude markets.

Jet fuel in Asia at biggest cash discount on record for January

08 Jan 2019

SINGAPORE Asian jet fuel is at its widest discount on record for this time of the year as supplies surge, with a relatively warm winter keeping a lid on demand for kerosene, a related heating fuel.

Oil prices rise, but set for first annual decline since 2015

31 Dec 2018

SINGAPORE, Dec 31 Oil prices edged higher on the last trading day of the year on Monday, taking a cue from firmer stock markets, but remain on track for the first yearly decline in three years amid concerns of a supply glut.

UPDATE 4-Oil prices drop for third session as oversupply worries drag

18 Dec 2018

* Russian oil output at record-high in December so far (Updates prices)

U.S. oil prices drop 1 pct on oversupply fears

18 Dec 2018

SINGAPORE, Dec 18 U.S. oil prices fell 1 percent on Tuesday after slipping below $50 a barrel in the previous session, with reports of a big climb in U.S. inventories and forecasts of record shale output stoking worries about oversupply.

Flood of new passengers to stoke demand for jet fuel in Vietnam

17 Dec 2018

SINGAPORE/HANOI Vietnam's jet fuel demand will surge to a record this year as its tourism industry attracts a wave of new visitors and the country's airlines are rapidly expanding.

World News

Yellow vest demonstrators, police clash in Paris

Clashes broke out between dozens of demonstrators and police in Paris on the 23rd Saturday of yellow-vest protests after authorities warned that rioters could return to the French capital to spark a new wave of violence.