Edition:
United States

Bozorgmehr Sharafedin

Jet fuel demand outlook sours after fleeting market optimism

Aug 02 2020

By Stephanie Kelly, Koustav Samanta and Bozorgmehr Sharafedin

UPDATE 6-Oil dips on surge in COVID-19 infections

Jul 13 2020

* Libya re-imposes force majeure on oil exports (Updates prices, adds Barkindo comment)

Iran's oil storage almost full as sanctions and pandemic weigh

Jul 07 2020

LONDON Iran has slashed crude oil production to its lowest level in four decades as storage tanks and vessels are almost completely full due to a fall in exports and refinery run cuts caused by the coronavirus pandemic, industry data showed.

UPDATE 6-Oil mixed on tighter supply, surge in U.S. virus cases

Jul 06 2020

* U.S. oil rigs fall for 9th week - Baker Hughes (Updates prices)

UPDATE 7-Oil rises on signs of economic recovery, but new infections loom

Jul 01 2020

* China's June factory activity rises to 6-month high (Updates prices, adds new Iraq data)

UPDATE 7-Oil rises on improving economic data but virus worries loom

Jun 29 2020

* Brent set to end June with a third monthly gain in a row (Updates prices, adds quote)

Fuel demand accelerates but new virus wave may slam on the brakes

Jun 25 2020

LONDON/NEW YORK Fuel demand is gradually recovering as coronavirus lockdown measures ease around the globe but a second wave of infections could swiftly undermine the trend, industry data showed.

Special Report: Inside Iran’s secret project to produce aluminium powder for missiles

Jun 24 2020

LONDON At the edge of the desert in North Khorasan province in northeast Iran, near the country’s largest deposit of bauxite, sits an aluminium production complex that the government has publicly hailed as a key part of its efforts to boost output of the metal.

Huge stockbuilds to keep oil product profit margins under pressure: IEA

Jun 16 2020

LONDON Massive build-ups in stocks in recent months are set to keep profit margins for refining crude into petroleum products like road and aviation fuels subdued, the International Energy Agency said on Tuesday.

Defying Trump, Iran aims to keep offloading gasoline glut to Venezuela

Jun 15 2020

LONDON Iran could send two to three cargoes a month in regular gasoline sales to ally Venezuela, sources say, helping offload domestic oversupply but risking retaliation from U.S. President Donald Trump who has sanctions on both nations.

World News