Jit Yang News Today

Russia's shocking invasion of Ukraine has transformed the world's oil and gas trade. Here's what's changed in a year.

Asia may end 2022 with a sharp drop in crude inflows from Africa as relatively higher freight rates, a wider Brent-Dubai spread and increased competition from European refiners...

India is looking at pockets of opportunities for oil overseas and its decision to invest $1.6 billion in an oil project in Brazil part of that scheme, said credit rating agency S&P.In a report, S&P, citing sectoral experts, said India ...

India’s diesel exports in May posted a growth of 15.2% compared with the previous month and are set to rise further, as the arrival of monsoon rains is expected to slow domestic construction activity at a time when refiners are reaping rich returns on the back of lucrative refining margins, trade sources and analysts said. ...

Asia is breathing a sigh of relief amid growing expectations that the move by the OPEC-led alliance to boost supplies as well as sustained releases from the US strategic reserves will finally help to clear the uncertainty over cargo availability and rectify the mismatch between global demand and supply. With China’s demand recovering after lockdowns ...

Asia may gain an edge in negotiating bigger discounts for spot Russian cargoes, seal some long-term contracts, as well as witness the emergence of new buyers in the region, as the EU’s move to distance itself from those cargoes may create a problem of plenty for the leading non-OPEC supplier. The latest pledge by the ...

India’s sustained uptrend in oil consumption came to a halt and slipped into the red in April from March levels as rising domestic retail fuel prices on the back of surging crude took a toll on gasoline, diesel and LPG demand, but analysts said the trend could get reversed in May. They noted that despite ...

Indias sustained uptrend in oil consumption came to a halt and slipped into the red in April from March levels as rising domestic retail fuel prices on the back of surging crude took a toll on gasoline, diesel and LPG demand, said S&P ...

Asia’s appetite for US crude posted positive growth in the first quarter despite lucrative Russian offers, but North American supplies could face more competition in the second quarter as refiners will continue picking up barrels from the non-OPEC supplier until they remain outside sanctions and are available at substantial discounts But analysts added even if ...

Asias appetite for US crude oil posted a positive growth in the first quarter of 2022 despite lucrative Russian offers, according to S&P Global Commodity Insights.That said, North American supplies could face more competition in the second ...