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Asia Fuel Oil Fall as Refiners Losses From Turning Crude into residual Product
Asia fuel oil swaps fell as refiners’ losses from turning crude into residual products widened for the first time in six days. Gasoil’s crack spread, a measure of processing profit, extended a decline. Fuel Oil High-sulfur fuel oil swaps for February dropped $2.25, or 0.4 percent, to $538.50 a metric ton at 11:10 a.m. Singapore [...]
Saturday, January 22nd, 2011India Gas and Oil Mining Industry Review
India Oil Industry re-draws strategy in African oil assets – GAIL shortlisted for $30 billion national gas master development plan and its implementation in Nigeria. Start preparing for oil at $200 a barrel – India must prepare for a world of scarce, expensive oil Cabinet Secretariat seeks fresh round of inter-ministerial consultations for seeking Cabinet [...]
Tuesday, February 9th, 2010