Edition:
United States

Florence Tan

Feb 23 2017

Engie expects to lure global bids for Australian coal-fired power plant

SINGAPORE, Feb 24 France's Engie SA, looking to sell a coal-fired power station in Australia that could fetch $1 billion, expects to attract more interest from international firms than local players, its Asia Pacific head said.

Feb 21 2017

After OPEC cuts heavy oil, China teapot refiners pull U.S. supply to Asia

SINGAPORE/HOUSTON Chinese independent, or teapot, refiners are bringing in rare cargoes of North American heavy crude in a new long-distance flow that traders say has only been made possible by OPEC's output cuts and ample supplies in Canada and the United States.

Feb 20 2017

After OPEC cuts heavy oil, China teapot refiners pull U.S. supply to Asia

SINGAPORE/HOUSTON Chinese independent, or teapot, refiners are bringing in rare cargoes of North American heavy crude in a new long-distance flow that traders say has only been made possible by OPEC's output cuts and ample supplies in Canada and the United States.

Feb 03 2017

Traders rush to ship U.S. oil as export window to Asia opens

NEW YORK/SINGAPORE Oil majors and trading houses are set to ship an unprecedented volume of U.S. crude oil to Asia in coming weeks, boosting already high flows to the region due to higher prices from OPEC production cuts.

Feb 03 2017

Traders rush to ship U.S. oil as export window to Asia opens

NEW YORK/SINGAPORE Feb 3 Oil majors and trading houses are set to ship an unprecedented volume of U.S. crude oil to Asia in coming weeks, boosting already high flows to the region due to higher prices from OPEC production cuts.

Feb 03 2017

Flood of light crude to Asia may push prices of regional grades lower

SINGAPORE A flood of light crude oil set to arrive in Asia will likely push prices for regional grades lower, crimping revenues and potentially creating a supply surplus since local refiners are ill-equipped to process all of the flow.

Feb 01 2017

Saudi Arabia likely to raise March crude prices to Asia

SINGAPORE Top oil exporter Saudi Arabia is expected to slightly increase its crude prices for Asian customers in March in line with a stronger Dubai benchmark price, trade sources said on Wednesday.

Jan 17 2017

Asian oil refinery margins jump on outages in Mideast, Asia

SINGAPORE Several refineries in the Middle East and Asia have shut down in the past week due to fires and other technical problems, leading to a jump in profit margins for facilities still operating.

Jan 12 2017

Saudi keeps February oil exports steady to most buyers in Asia; cuts India, Malaysia

DUBAI/SINGAPORE Saudi Arabia has cut February term crude supplies to refiners in India and Southeast Asia, seeking to comply with an OPEC deal, but it has held most of its exports to the rest of Asia steady for a second month, industry sources said on Wednesday.

Jan 11 2017

Asia's diesel profit may rise for first time since 2013: analysts

SINGAPORE Asian refiners' profit margins from producing diesel in 2017 may rise for the first time in four years as demand for the fuel improves in the infrastructure, construction, mining and oil and gas exploration sectors.

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