Page 7 - Platts Analytics News Today : Breaking News, Live Updates & Top Stories | Vimarsana

Thailand’s PTT Exploration and Production, or PTTEP, will provide almost all of its equity crude production from its Oman upstream projects to domestic refineries rather than trading the barrels in the international market, strengthening the Southeast Asian nation’s energy security amid tight global supply, feedstock managers at state-run PTT’s refining business units said May 26. ...

From cutting taxes on retail oil products to scouting around for attractive term crude deals, India is stepping up efforts to ensure that surging world prices do not stand in the way of the fragile economic recovery as well as a revival in domestic oil product consumption. Government officials in India said they believe that ...

Clean tankers are hurrying across the Atlantic with gasoline from Europe for the US where stocks are at multi-year lows at the start of driving season. A tight European gasoline market is giving way to a US market feeling the strains of a depleted refining system and inventories at eight-year lows, prompting freight rates to ...

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 ...

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, said S&P ...