Fed’s Logan says this week’s rate cut was not needed, opposes one in December
The U.S. central bank should not have cut interest rates this week and should not do so again in December,…
Singapore turns net importer of jet fuel, while diesel net exports slip
Singapore turned a net importer of jet fuel for the week ended October 22, while diesel net exports fell by…
India ‘cutting back completely on Russian oil’, reiterates Trump ahead of key China talks
US President Donald Trump, on Saturday, claimed that India has “cut back completely” on its purchases of Russian oil following…
India’s September crude oil imports rise 1.7% m/m
India’s crude oil imports rose 1.7% in September to 19.93 million metric tons month-on-month, government data showed on Monday. WHY…
China LNG buyers test spot market as cold weather raises domestic prices
Chinese LNG importers are cautiously testing spot markets for winter supply after a prolonged absence, as an early cold snap…
What a cut in Reliance’s Russian crude purchases would mean for India
India’s largest private oil refiner Reliance Industries is reportedly halting purchases of Russian crude, following the U.S.′ decision to sanction…
India’s rice exporters seek deals with emerging markets after strong monsoon
India’s rice traders plan to seek export deals for the new season’s crop with buyers in emerging markets such as…
India’s MRPL pauses Russian oil buying to avoid sanctions risks, executive says
India’s state-run refiner Mangalore Refinery and Petrochemicals Ltd MRPL has no immediate plans to buy Russian oil due to risks…
Japan PM pushed back against US request to ban Russian energy imports, sources say
Japan’s new Prime Minister Sanae Takaichi told U.S. President Donald Trump during their meeting in Tokyo that banning Russian liquefied…
Iranian oil discounts to China widen on sanctions, quota shortage
The discounts on Iranian oil offered to China have hit their widest in more than a year, as tightening sanctions…