US poised to become net exporter of crude oil in 2023 HOUSTON: The United States has become a global crude oil exporting power over the last few years, but exports have... Published 20 Dec, 2022 05:58am
Opinion Oily matters – II Electrical Vehicles Immediate solutions are never possible or feasible. There has to be alternative plan and... Published 11 Dec, 2022 04:02am
Markets Raw sugar futures edge higher, arabica prices ease LONDON: Raw sugar futures on ICE edged higher on Wednesday, underpinned by disruption to the cane harvest in... Published 08 Dec, 2022 05:58am
Markets China’s October fuel exports may touch 16-month high SINGAPORE/NEW DELHI: China is likely this month to export the highest volume of diesel, aviation fuel and gasoline... Published 20 Oct, 2022 05:36am
Markets Gasoline crack flips to discount, naphtha recoups some losses NEW DELHI: Asia’s refining margin for gasoline flipped to a discount on Tuesday, amid weak fuel demand outlook ... Published 19 Oct, 2022 05:54am
Markets Japan lowers gasoline subsidy to 35.7 yen a litre TOKYO: Japan raised its gasoline subsidy for oil distributors to 35.7 yen (24.7 cents) a litre for the seven days... Published 28 Sep, 2022 01:15pm
Markets Japan raises gasoline subsidy to 36.7 yen a litre TOKYO: Japan raised its gasoline subsidy for oil distributors to 36.7 yen (25.3 cents) a litre for the seven days... Published 22 Sep, 2022 11:27am
Markets China’s August gasoline exports nearly double from a year ago BEIJING: China’s August gasoline exports rose 97.4% from a year earlier, customs data showed on Sunday, as refiners... Published 18 Sep, 2022 12:00pm
World Indonesia hikes fuel prices to rein in ballooning subsidies JAKARTA: Indonesia raised subsidised fuel prices by about 30% on Saturday, as the government moves to rein in... Published 04 Sep, 2022 12:46am
Markets Asia’s refining profit margin for gasoline flips NEW DELHI: Asia’s refining profit margin for gasoline flipped to a discount on Wednesday amid the darkening fuel... Published 01 Sep, 2022 05:50am
Markets Oil ends higher on US response to Iran nuclear deal comments NEW YORK: Oil prices ended Wednesday higher after a volatile trading session on concerns that the United States will... Published 25 Aug, 2022 06:08am
Markets Asia’s gasoline NEW DELHI: Asia’s gasoline crack continued to climb on Monday after crude oil benchmarks weakened, although gains... Published 23 Aug, 2022 05:56am
Markets Asia’s gasoline margin up SINGAPORE: The gasoline refining margin in Asia climbed for a fourth consecutive day on Thursday following recent... Published 19 Aug, 2022 05:57am
Markets US gasoline prices fall below $4 for first time since March The average price of US retail gasoline fell below $4 per gallon on Thursday for the first time in months, giving... Published 11 Aug, 2022 12:45pm
Markets Gasoline margin rises NEW DELHI: Asia’s gasoline markets gained on Wednesday after crude oil prices dipped and US inventories fell. The... Published 04 Aug, 2022 05:43am
Markets Gasoline margin falls, naphtha flips to premium NEW DELHI: Asia’s gasoline crack declined on Tuesday as investors fretted over weak global fuel demand outlook ... Published 03 Aug, 2022 04:55am
Markets Asia gasoline margin jumps NEW DELHI: Asia’s gasoline refining profit margin jumped on Monday after crude oil benchmarks weakened, although... Published 02 Aug, 2022 05:36am
Markets European gasoline barge refining margins stable EUROPE: Benchmark northwest European gasoline barge refining margins were broadly stable on Thursday around $16 a... Published 30 Jul, 2022 03:39am
Markets Gasoline margin up as stocks fall NEW DELHI: Asia’s gasoline refining profit margin inched higher on Wednesday as US and Middle Eastern stocks... Published 28 Jul, 2022 04:41am
Markets Asia Naphtha/Gasoline crack trims losses but hovers near 1-year lows NEW DELHI: Asia’s refining profit margin for gasoline trimmed losses on Monday amid volatility in crude oil... Published 26 Jul, 2022 04:31am
Markets Asia’s gasoline margin flips to discount, inventories rise NEW DELHI: Asia’s gasoline margin collapsed to August 2020 levels on Friday, posting a loss of over 102% amid ... Published 23 Jul, 2022 04:10am
Markets Gasoline margins decline NEW DELHI: Asia’s gasoline refining profit margin declined on Wednesday, after India exempted local oil producers... Published 21 Jul, 2022 05:40am
Markets Gasoline crack falls below $10/barrel NEW DELHI: Asia’s refining profit margin for gasoline dipped below $10 a barrel on Thursday amid a selloff in ... Published 16 Jul, 2022 04:20am
Markets Asia’s gasoline margin dips as inventories rise NEW DELHI: Asia’s gasoline markets weakened further on Tuesday after Middle Eastern and US stocks increased, ... Published 14 Jul, 2022 05:00am
Markets Gasoline margins plunge to over two-month low NEW DELHI: Asia’s refining profit margin for gasoline plunged to its lowest since April 20 on Wednesday after ... Published 07 Jul, 2022 05:35am
Business & Finance India’s export curbs, tax hike to exacerbate global diesel, gasoline shortage NEW DELHI: India’s latest measures aimed at boosting domestic oil supplies could reduce its diesel and gasoline... Published 07 Jul, 2022 05:35am
Markets India's export curbs, tax hike to exacerbate global diesel, gasoline shortage NEW DELHI: India's latest measures aimed at boosting domestic oil supplies could reduce its diesel and gasoline... Published 06 Jul, 2022 02:26pm
Markets Asia’s gasoline margin falls despite weak oil prices NEW DELHI: Asia’s gasoline refining profit margin weakened on Tuesday over fears of a possible global recession... Published 06 Jul, 2022 05:35am
Print Oil tumbles 9pc on recession demand destruction fears NEW YORK: Oil plummeted about 9 percent on Tuesday in the biggest daily drop since March on growing fears of a... Updated 06 Jul, 2022 10:00am
Markets Exxon signals operating profits could double over first quarter HOUSTON: Exxon Mobil Corp on Friday signaled that skyrocketing margins from fuel and crude sales could generate a... Published 03 Jul, 2022 05:39am