Edition:
India

Noah Browning

Sweeter, lighter, cheaper: refiners seek oil to meet rising gasoline demand

02 Jul 2020

LONDON With more cars taking to the roads as coronavirus lockdowns ease, demand for lighter, sweeter oil more suitable for refining into gasoline is ticking up.

Sweeter, lighter, cheaper: refiners seek oil to meet rising gasoline demand

02 Jul 2020

LONDON With more cars taking to the roads as coronavirus lockdowns ease, demand for lighter, sweeter oil more suitable for refining into gasoline is ticking up.

Physical oil rally pauses due to weak margins

22 Jun 2020

LONDON/MOSCOW After weeks of rising, prices of physical oil have begun to ease, traders and analysts say, as the rally succumbs to the reality of poor refinery margins and brimming storage tanks.

Aviation crisis means oil demand to stay below pre-virus levels before 2022: IEA

16 Jun 2020

LONDON Oil demand is recovering from the greatest fall in its history in 2020, the International Energy Agency (IEA) said on Tuesday, but less flying due to coronavirus fears means the world will not return to pre-pandemic demand levels before 2022.

Nigeria to reach OPEC+ compliance by mid-July

10 Jun 2020

LONDON Nigeria did not fully comply with a pact by oil producers to rein in output to balance markets but will make additional cuts to make up for the lapse by mid-July, the head of the Nigerian National Petroleum Corporation Mele Kyari said on Wednesday.

UPDATE 2-Nigeria to reach OPEC+ compliance by mid-July

10 Jun 2020

LONDON, June 10 Nigeria did not fully comply with a pact by oil producers to rein in output to balance markets but will make additional cuts to make up for the lapse by mid-July, the head of the Nigerian National Petroleum Corporation Mele Kyari said on Wednesday.

UPDATE 4-Oil prices rise on OPEC+ cuts, record China imports

08 Jun 2020

* OPEC+ cuts for May and June: https://tmsnrt.rs/2SsCSMN (Changes dateline, updates prices, modifies throughout)

Lasting contango in oil: market spread to outlast supply-demand imbalance

29 May 2020

LONDON While vast cuts by producer countries and renewed fuel consumption from easing coronavirus lockdowns may soon rebalance oil supply and demand, some analysts and traders see a glut in storage keeping the market in contango for much longer.

Demand rise, output cuts could mean oil market balance in June

26 May 2020

LONDON Recovering demand as coronavirus lockdowns ease combined with output cuts by top producers could balance global oil markets as soon as June, some analysts and banks predict.

GRAPHIC-Demand rise, output cuts could mean oil market balance in June

26 May 2020

LONDON, May 26 Recovering demand as coronavirus lockdowns ease combined with output cuts by top producers could balance global oil markets as soon as June, some analysts and banks predict.

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