Crude oil
Saudis raise crude prices for Asian refiners as demand strengthens
The Saudis have become more convinced that the demand gains in oil from Asian refiners are sustainable, giving them the confidence to start raising prices.
Rising US refinery runs lend support to oil prices
Analysts said that the minimal price movement on Thursday was due to bullish and bearish fundamentals offsetting each other.
Iran to raise oil exports in March amid more sales to European refiners
Litasco, the trading arm of Russia's Lukoil, Cepsa and Total have become the first buyers in Europe after the lifting of sanctions and lifted trial cargoes in February.
ExxonMobil CEO eyes new acquisitions, forecasts lower capital spending
Exxon's oil and gas production rose 3.2% in 2015, as its downstream refining unit provided some insulation against the impact of falling oil prices on its upstream.
Meet EPA Tier 3 clean fuel regulations through improved blending processes
This article will examine the impact of Tier 3 regulations on gasoline blending at refineries and terminals, and illustrate options that can contribute to compliance while keeping costs under control.
Central American nations beef up import infrastructure, fuel production amid demand shift
   Methanex’s methanol facility in Trinidad.
Industry Metrics
Refinery margins weakened in the US due to lower winter demand.
IEA: Oil prices have bottomed, but no sharp rise
The price rally will be capped in the medium term by a potential increase in the US shale oil production once a rise in oil prices makes it profitable again.
Italy’s Eni slashes 2016 investment plans after reporting heavy losses
Eni posted a net loss in the quarter of 8.46 billion euros ($9.4 bln) on Friday after booking charges on its stake in oil service company Saipem and chemical unit Versalis.
India boosts purchases of West African crude as new refinery starts up
Traders said the startup of the 300,000-bpd Paradip refinery, which started processing oil early in February, encouraged more bookings from West Africa to India.
- The Shipping Corporation of India and Mazagon Dock Shipbuilders sign contract for methanol dual fuel platform supply vessel 3/20
- Technip Energies invests in Verso Energy’s DEZiR eSAF project in Rouen 3/20
- Honeywell’s commercial launch of AI-powered control room assistant follows successful pilot 3/20
- Serbia secures U.S. sanctions waiver for its NIS oil firm 3/20
- Tanker carrying fuel originally bound for Cuba diverts to Trinidad 3/20
- Vietnam accelerates shift to ethanol fuel as Iran war drives up energy prices 3/20
