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Fuel demand
Natural Gas
PetroChina Posts Best Quarterly Profit in Seven Years
PetroChina's first-quarter revenue was up 8.4 per cent at 551.9 billon yuan, it said in a filing to the Hong Kong Stock Exchange
Oil Price
Oil Falls, Ending Week About 2% Lower on Supply increase, and New Lockdowns
Oil prices settled lower on Friday and fell around 2% last week as production increases and renewed COVID-19 lockdowns in some countries, offset optimism about …
Oil & Gas Supply
OPEC Cuts Global Oil Demand Estimates Ahead of Production Decision
A panel of OPEC+ technical experts agreed to revise down oil-demand estimates for 2021, signaling a more negative view of the market just days before the group …
Crude Oil
India’s Crude Oil Throughput Hits Four-Month Low in February
India’s crude oil processing fell to its lowest in four months in February, retreating from a near one-year high hit in the prior month hurt by higher crude pr…
Crude Oil
India's January Crude Processing Scales over 1-yr Peak
India's crude oil processing registered its second straight year-on-yea gain in January, while hitting a more than one-year high, as fuel demand improved on the…
Oil & Gas Trade
Petrobras Opens 2021 with Record Oil Exports
Brazil's state-controlled Petrobras says crude exports through its Angra dos Reis terminal reached a record 19.3mn bl in January, the extension of an upward tre…
Oil Price
Oil Tumbles As New Virus Strain Revives Demand Fears
Oil prices tumbled on Monday as a fast-spreading new coronavirus strain that has shut down much of Britain and led to tighter restrictions in Europe sparked wor…
Biofuel
Battered by Virus and Oil Slump, Biofuels Fall out of Favour
The production of biofuels for transport in 2020 is expected to decline 11.6 percent on 2019 levels, the first fall in 20 years, according to the International …
South Korea
Recovering Nuclear to Cut South Korean 4Q Coal Burn
Unplanned nuclear outages in South Korea have increased the country's reliance on coal and gas-fired power generation this month.
Oil & Gas Trade
Jet Fuel Crisis Will Hurt Oil Demand For Years To Come
A full recovery in jet fuel demand will probably have to wait until 2023, Bank of America (BofA) said in a recent commodities research report cited by The Natio…
Crude Oil
US Crude Stocks Build on Higher Imports, Distillates Inventories Hit 37-yr High: EIA
US crude oil stockpiles grew last week and inventories on the Gulf Coast hit a record high as imports from Mexico rose to an eight-year high.
Oil Price
Oil Prices Advance on Growing Fuel Demand, Even As U.S. Coronavirus Cases Jump
Extending gains on optimism about a recovery in fuel demand worldwide, despite a surge in coronavirus infections in some U.S. states and signs of a revival in U…
Oil Price
Oil Edges Up on Tighter Supply, but Demand Concerns Check Gains
Oil prices nudged higher on Monday on tighter supplies from major producers, but concerns that a record rise in global coronavirus cases could curb a recovery i…
Market Analysis
Magellan Sees 3Q Gasoline Demand Recovery
Fuel demand in Magellan's Midstream Partners' more rural central US markets has recovered faster than more urban regions, chief executive Mike Mears said today.
Coal Trade
Coal Supply by CIL to Power Sector Dips 22% to 32 MT in Apr Due to Demand Slump
The supply of coal to the power sector by state-owned Coal India has dropped 22 per cent to 31.95 million tonnes in April amid slump in the fuel demand in the c…
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