- India's Diesel Flood Draws Rare Sales on Crashing Local Demand
April 15, 2020
India’s diesel exports are expected to surge in April, with more companies such as state-owned refiners joining the selling spree in a rare move after domestic fuel demand collapsed due to a virus-led lockdown.
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- One Fuel Is Thriving During 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.
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- China crude oil runs hit 15-month low as virus cripples demand
April 15, 2020
China’s daily crude oil throughput in March sank to a 15-month low with state refiners maintaining deep output cuts as the coronavirus pandemic erodes demand, but there are some signs of recovery as the country begins to ease virus-relat...
- LNG woes in spotlight as junior's cash runs out
April 14, 2020
Last weekend's landmark but inadequate deal by the OPEC-plus alliance to rein in production appears to have locked in a looming plunge in LNG prices over the next few months, pointing to a sharp drop in revenues for ASX-listed producers ...
- Oil rises on forecast U.S. output drop as coronavirus ravages demand
April 14, 2020
Oil prices rose around 1% on Tuesday after the U.S. Energy Information Administration (EIA) predicted shale output in the world’s biggest crude producer would fall by a record amount in April, adding to cuts from other major producers.
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