- Indonesia Hires Tankers to Store Fuel While Seeking Bargains
April 20, 2020
Indonesia is hiring tankers to store refined fuels at sea as it seeks to take advantage of plunging prices of oil products such as gasoline and diesel.
Read Article
- Oil set for further decline despite historic global output curbs
April 18, 2020
Oil prices are set to fall further after US futures closed the week at 18-year lows in spite of a global pact to stabilise markets.
Read Article
- China Is Stocking Up On Cheap LNG
April 16, 2020
COVID-19 is causing an unprecedented global economic crisis which also affects the LNG industry. In February China’s lockdown seemed to contain the outbreak of the virus but the ensuing pandemic has proven otherwise. Energy prices have p...
- Record oil output cuts fail to make waves in coronavirus-hit market
April 16, 2020
The minimal impact on oil prices from a global deal for record output cuts showed that oil producers have a mountain to climb if they are to restore market balance as the coronavirus shreds demand and sends stockpiles soaring, industry w...
- The Fuel That’s Thriving Amid the World’s Biggest Lockdown
April 15, 2020
As more than 1.3 billion Indians are forced to stay home and factories are idled amid the world’s biggest coronavirus lockdown, there’s one fuel that’s proving resilient to the resulting plunge in energy demand.
Read Article