- FEATURE: Iran's summer of power cuts could be worst yet with new capacity on hold
July 14, 2021
Iran, despite being OPEC's fourth-biggest crude oil producer, faces an unprecedented summer of electricity cuts as power plant disruptions and a lack of investment in new capacity leave output far below demand.
- Sluggish jet demand to cap European crude refinery runs, FGE says
June 25, 2021
A recovery in European jet fuel demand to pre-pandemic levels is years away, forcing regional refiners to continue blending the aviation fuel into diesel, and keeping a lid on their crude runs, consultancy FGE Energy said.
- India’s Gasoline Recovery Builds With Slowdowns Elsewhere
June 23, 2021
The recovery in gasoline demand across Asia from virus-driven slumps remains patchy, offering a complex picture as improvements in nations such as India are partially offset by deteriorations elsewhere.
- Iran stores more oil on tankers as it counts days to enter markets
June 21, 2021
Iran could quickly export millions of barrels of oil it is holding in storage if it reaches a deal with the United States on its nuclear programme and has been moving oil into place to prepare for an eventual restart, four traders and industr...
- Analysis: China’s growing bunker fuel market squeezes out N. Asian competitors
June 17, 2021
China is reshaping global shipping fuel markets by taking advantage of its booming maritime trade and massive refining capacity to undercut rivals from Singapore to South Korea and become the world’s fastest-growing major marine fuel hub.