EXCLUSIVE Saudi Arabia doubles Q2 Russian fuel oil imports for power generation

EXCLUSIVE Saudi Arabia doubles Q2 Russian fuel oil imports for power generation

People walk near power plant number 10 at Saudi Electricity Company’s Central Operation Area, south of Riyadh, April 27, 2012. REUTERS Register now for FREE unlimited access to Reuters.com Register This includes content produced in Russia, where the law restricts coverage of Russian military operations in Ukraine. Kingdom burns Russian fuel to free up crude … Read more

Exclusive: PetroChina may sell Australian, Canadian assets to stem losses

Exclusive: PetroChina may sell Australian, Canadian assets to stem losses

PetroChina’s logo is seen at a petrol station in Beijing, China, March 21, 2016. Picture taken March 21, 2016. REUTERS/Kim Kyung-Hoon Register now for FREE unlimited access to Reuters.com Register SINGAPORE, June 28 (Reuters) – PetroChina may sell out from natural gas projects in Australia and oil sands in Canada to stem losses and divert … Read more

World stocks near fresh 2022 lows on inflation fears

World stocks near fresh 2022 lows on inflation fears

LONDON, June 13 (Reuters) – World stocks fell towards fresh 2022 lows and the Japanese yen slid to levels not seen in nearly a quarter of a century on Monday as red-hot US inflation fueled worries about even more aggressive policy tightening in a big week for central banks. The substantially higher-than-expected US CPI print … Read more

Exclusive: Indonesian navy officers ask for $375,000 to release tanker

Exclusive: Indonesian navy officers ask for 5,000 to release tanker

A view of shipyards, seen through a window, in Batam, Indonesia, April 3, 2019. REUTERS/Henning Gloystein/File Photo Register now for FREE unlimited access to Reuters.com Register Navy detains fuel tanker anchored east of Singapore Incident follows a dozen similar detentions last year More tankers anchored off Singapore due to COVID delays SINGAPORE, June 9 (Reuters) … Read more

Morning Bid: Something’s off | Reuters

Morning Bid: Something’s off |  Reuters

Raindrops hang on a sign for Wall Street outside the New York Stock Exchange in Manhattan in New York City, New York, US, October 26, 2020. REUTERS/Mike Segar/File Photo Register now for FREE unlimited access to Reuters.com Register A look at the day ahead in markets from Julien Ponthus. It’s the final day of trading … Read more

For oil refiners, now is the summer of distillate content

For oil refiners, now is the summer of distillate content

A nighttime view of Marathon Petroleum’s Los Angeles Refinery, which processes domestic & imported crude oil into gasoline, diesel fuel, and other refined petroleum products, in Carson, California, US, March 11, 2022. Picture taken with a drone. REUTERS/Bing Guan Register now for FREE unlimited access to Reuters.com Register April 21 (Reuters) – Refiners are planning … Read more

Biden will speak to Modi as US warns India on imports of Russian energy

Biden will speak to Modi as US warns India on imports of Russian energy

US President Joe Biden meets with India’s Prime Minister Narendra Modi in the Oval Office at the White House in Washington, US, September 24, 2021. REUTERS/Evelyn Hockstein Register now for FREE unlimited access to Reuters.com Register WASHINGTON, April 10 (Reuters) – President Joe Biden will meet virtually with Indian Prime Minister Narendra Modi on Monday, … Read more

Stocks rally fizzles, bond markets ponder risks for US economy

Stocks rally fizzles, bond markets ponder risks for US economy

Euro STOXX 600 drops 0.6% US bond market signals economic pain ahead Treasury 10-year yields lower Ukraine-Russia negotiations earlier buoyed stocks wall street down NEW YORK, March 30 (Reuters) – The US and European equities rally wavered on Wednesday as investors reviewed economic and geopolitical risks, while oil prices jumped more than $2 on the … Read more