- Oil prices fall for fifth day to lowest in a year
February 27, 2020
Oil prices fell for a fifth day on Thursday to their lowest since January 2019 as a growing number of new coronavirus cases outside of China fuelled fears of a pandemic which could slow the global economy and lower crude demand.
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- LNG suppliers eye Thailand, Turkey, Japan to cut unwanted floating storage
February 27, 2020
LNG suppliers are reaching out to potential alternate buyers in Asia and Europe to sell cargoes diverted from China following the coronavirus outbreak, as they scramble to cut floating storage positions they have been forced to hold even...
- Oil sinks to lowest price in a year as virus fears grow
February 27, 2020
Oil prices today hit their lowest level since January last year as fears about the impact of the coronavirus on the world economy grew.
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- India refiners getting rare oil cheap as China demand slows
February 24, 2020
Indian refining companies are snapping up rare crude grades as the coronavirus outbreak curtails China's demand for processing, executives and traders said, with prices for some grades falling by as much as 15%.
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- Analysis: Saudi Arabia unlikely to become gas exporter even with $110 billion Jafurah field investment
February 24, 2020
Saudi Arabia is unlikely to start exporting gas despite plans to invest $110 billion to develop its biggest unconventional gas field, although the asset could help wean the kingdom off burning crude for power generation, according to ana...