Page 7 - Refinitiv Oil News Today : Breaking News, Live Updates & Top Stories | Vimarsana

* GRAPHIC - India 20/21 crude imports tmsnrt.rs/33dF2ET LAUNCESTON, Australia, May 17 (Reuters) - Asia may be a late arrival to the impending crude oil party. The oil market is largely convinced that a strong recovery in demand is imminent, based on the view that the world is recovering from the coronavirus pandemic and economies are rebounding. Although this may be true for North America and Europe, the top oil-consuming region of Asia is looking somewhat less optimistic, with crude demand in top importers China and India presenting a mixed outlook. China, the world’s biggest crude buyer, ...

Global crude oil bulls are running past China, India bears 5/17/2021 Asia may be a late arrival to the impending crude oil party. The oil market is largely convinced that a strong recovery in demand is imminent, based on the view that the world is recovering from the coronavirus pandemic and economies are rebounding. Although this may be true for North America and Europe, the top oil-consuming region of Asia is looking somewhat less optimistic, with crude demand in top importers China and India presenting a mixed outlook. China, the world's biggest crude buyer, looks set for another month of ...

Please note that the posts on The Blogs are contributed by third parties. The opinions, facts and any media content in them are presented solely by the authors, and neither The Times of Israel nor its partners assume any responsibility for them. Please contact us in case of abuse. In case of abuse, "anti-aircraft guns guarding Natanz Nuclear Facility, Iran" photo by Hamed Saber; (Wikimedia Commons) With a new Democratic administration set in place in the United States, (and the same, old Iranian regime), prospects for a newfangled version of the JCPOA (Joint Comprehensive Plan of Action)...

Iran slips record volume of oil into China, reaches out to Asian clients for trade resumption SECTIONS Iran slips record volume of oil into China, reaches out to Asian clients for trade resumptionReuters Last Updated: Mar 08, 2021, 01:58 PM IST Share Synopsis U.S. President Joe Biden has sought to revive talks with Iran on a nuclear deal abandoned by former President Donald Trump in 2018, although harsh economic measures remain in place that Tehran insists be lifted before negotiations resume. Reuters Chinese customs data showed on Sunday that crude imports rose 4% annually in the first two m...

Supported by shrinking supplies and firm demand, Asian refiners’ profit from producing very low sulphur fuel oil (VLSFO) rose to a one-year high this week, setting the stage for a trend that could persist throughout the year, traders and analysts said. “Tightness in the fuel oil complex will remain a common theme through 2021, especially ...