- Oil states expected to shrink with Saudis: OPEC reality check
May 30, 2016
OPEC members gathering in Vienna June 2 are expected to go along with a Saudi Arabia-led policy focused on squeezing out rivals amid signs the strategy is working. That means the meeting may be less fraught than the previous summit in December, wh...
- French strikes could boost diesel profits elsewhere
May 27, 2016
European refiners outside France and oil traders are gearing up to cash in on the unexpected demand for diesel created by French strikes that have blocked oil terminals and shut down refineries.
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- Oil prices stay in the doldrums on supply growth concerns
May 24, 2016
Crude-oil prices were lower in early Asian trade Tuesday, weighed down by concerns of a growing global supply as outages around the world are winding down.
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- 'Significant interest' in Whitegate oil refinery
May 24, 2016
The owners of Ireland’s only oil refinery at Whitegate, Co Cork have confirmed there is significant interest in the facility after the Irish Examiner revealed last week that a sale was close to completion.
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- Drought breathes life into diesel in Asia as farms get scorched
May 24, 2016
After starving farms across Asia of rainfall, El Nino’s last gasps have infused life into the battered market for diesel fuel in the region.
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