- Qatari condensate prices rally on robust Asia demand amid tight supply
January 29, 2018
Asian refiners and petrochemical makers are snapping up cargoes of Qatari condensates, driving a rally in spot prices for the ultra-light crude as some producers such as Iran and Malaysia curb supplies of their grades of the light oil.
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- Oil prices peak to 3-year high as US dollar weakens, inventory declines
January 25, 2018
Crude oil prices peaked to a three-year high on Thursday due to a weakening United States dollar, lower US inventories and continued cuts by the Organization of the Petroleum Exporting Countries (OPEC) and Russia.
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- Crumbling refinery profits threaten OPEC-led crude rally
January 22, 2018
The recent OPEC-led rally in crude prices is hitting refinery profits hard, flashing warning signs over oil’s bull run.
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- Fixation on timing of peak oil is ‘misguided’
January 18, 2018
The electric car revolution and stricter global rules on emissions have focused debate in the energy sector on when decades of growth in oil demand will eventually peak. But Spencer Dale, chief economist at energy major BP and former Bank of Engla...
- Tanker’s sinking puts spotlight on role of tracking systems
January 15, 2018
The sinking of the Iranian oil tanker Sanchi in the East China Sea and the loss of 32 lives, has raised questions over how such a collision could happen, with analysts and traders focusing on its navigation and satellite tracking systems.
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