- Traders Snap Up Oil Ahead of Expected Jump in Chinese Demand
October 21, 2020
Oil traders are buying up cargoes and sending them toward China, hoping to capitalize on an expected surge in demand at the end of the year when independent refineries there get new import licenses for 2021.
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- Harold Hamm hits back at ‘crazy’ shale claims
October 15, 2020
One thing to start: Oil prices continue to hover around $40 a barrel, and the “outlook remains fragile”, the International Energy Agency said in its monthly market report yesterday, as surging coronavirus case numbers threaten the recove...
- India Refiner Tries Again to Cut Dependence on Middle East LPG
October 15, 2020
An Indian buyer of liquefied petroleum gas is once again attempting to ease its dependence on Middle East shipments after some supply shocks last year stemming from drone attacks and even a trade war.
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- China’s iron ore, copper imports rise in September from August
October 13, 2020
China’s imports of major commodities including iron ore, copper, oil and soybeans rose in September from a month earlier. Coal imports eased.
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- Covid, Taxes Eat Away Diesel’s Edge Over Gasoline in India
October 11, 2020
For decades, diesel has underpinned India’s economic growth and the fortunes of its refiners, but the pandemic has caused the nation’s most consumed fuel to lose some of its luster.
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