- Oil prices climb on OPEC-led supply cuts, Asian stock rally
December 18, 2018
The bear market in oil keeps getting worse as worries about global growth and a supply glut ratchet higher.
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- Oil nosedives to $46. Worries about economy collide with supply glut
December 12, 2018
The bear market in oil keeps getting worse as worries about global growth and a supply glut ratchet higher.
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- Asian refiners' profits slump as mild weather exacerbates oil products glut
December 06, 2018
Oil refiners’ profits in Asia have slumped to the lowest in more than four years after refineries ramped up output in the fourth quarter and churned out excess fuel in anticipation of stronger demand during winter.
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- Asian gasoline refining margins crash to loss-making 7-year lows
December 05, 2018
Singapore’s refinery margins for making gasoline have fallen to their weakest levels in seven years - so low that churning out this key motor fuel has become a loss-making business.
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- Saudi Oil Premium Slides to 15-Year Low as Fuel Profits Collapse
December 05, 2018
Saudi Arabia’s crude pricing in the world’s biggest oil market is reflecting tumbling profits from making cleaner fuels in Asia.
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