- Shell close to clinching Hong Kong's first LNG import deal: sources
March 15, 2018
Royal Dutch Shell (RDSa.L) is close to bagging a deal to supply Hong Kong with liquefied natural gas (LNG), beating out major competitors for the right to be the first company to supply LNG to the city.
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- As Oil Rally Fades, Trump's Iran Hawk Pick Seen Supporting Bulls
March 14, 2018
For those in the oil market, it may seem like there’s no end to U.S. events determining the course of prices these days. Donald Trump’s sudden firing of Rex Tillerson is unlikely to prove an exception.
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- OPEC Admits Rival Oil Supply Will Outpace Global Demand Growth
March 14, 2018
USA crude-oil production this year is expected to grow by 520,000 barrels a day from December 2017 to December 2018, while the average year-on-year growth is expected to reach 1.04 million barrels a day, mostly coming from shale, the report said.
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- Indian state oil refiners see strong margins for 2018
February 22, 2018
India state refiners expect their profit margins to hold their strength this year as demand growth accelerates for fuel products amid a record $93 billion spent on infrastructure and stable crude oil prices, company executives and analysts said.
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- U.S. Oil's Costly Again as It's Stored Less and Shipped Abroad More
February 20, 2018
Dwindling volumes at the biggest U.S. oil storage hub and the potential for bigger cargoes to sail overseas is giving American crude a premium sheen once again.
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