Oil, Gas & Petrochem

US oil prices inched higher on Friday after a report from the Organisation of the Petroleum Exporting Countries showed its production fell sharply last month, easing fears about prolonged oversupply.
Jan. 18, 2019, 3:05 a.m.
Publisher: thehindubusinessline.com

Oil retreated near $52 a barrel as investors assessed surging U.S. production against output curbs pledged by some of the world’s top suppliers.
Jan. 17, 2019, 10:39 a.m.
Publisher: bloombergquint.com

Oil prices dipped on Thursday as US crude production quickly approached an unprecedented 12 million barrels per day (bpd) just as worries about weakening demand emerge.
Jan. 17, 2019, 3:31 a.m.
Publisher: thehindubusinessline.com

Oil prices rose about three per cent on Tuesday, along with world stock markets, supported by China's plan to introduce policies to stabilize a slowing economy, reversing the previous session's losses due to grim data in the world's second-largest economy.
Jan. 16, 2019, 3:05 a.m.
Publisher: thehindubusinessline.com


Oil climbed as investors anticipated another decline in U.S. crude inventories and China promised to slash taxes to avert an economic slowdown.
Jan. 15, 2019, 10:51 a.m.
Publisher: bloombergquint.com

Oil prices rose 1 percent on Tuesday amid supply cuts led by producer club OPEC and Russia, although a darkening economic outlook capped gains.
Jan. 15, 2019, 3:39 a.m.
Publisher: thehindubusinessline.com

Oil prices edged up on Monday, supported by ongoing supply cuts from producer club OPEC and Russia and by a drop in US drilling activity.
Jan. 14, 2019, 3:16 a.m.
Publisher: thehindubusinessline.com

Refining capacity demand projections to be reviewed in 2020.
Jan. 13, 2019, 3:17 p.m.
Publisher: thehindubusinessline.com

Industry experts at ArabPlast 2019 indicated that plastics accounting for more than 33% of oil demand growth globally in the period to 2030.
Jan. 11, 2019, 10:53 a.m.
Publisher: chemarc.com

Oil slipped on Friday amid concerns over the outlook for the global economy, but output cuts agreed by major exporters underpinned crude prices and kept markets on track for a strong weekly climb.
Jan. 11, 2019, 3:12 a.m.
Publisher: thehindubusinessline.com