China launches aviation fuel index amid slowest demand growth in four years
Passenger travel makes up 97 percent of China’s total jet fuel consumption, which makes up some 13 percent of the global market, CNAF executives said
Oil falls 1 percent, U.S. crude on longest losing streak since 1984
Brent slumped about 3.6 percent for the week and more than 15 percent this quarter
Asian stock markets sink after Wall Street rally fades
The Shanghai Composite Index lost 1.3 percent to 2,614.37 and Tokyo’s Nikkei 225 retreated 0.8 percent to 22,310.16
Oil prices fall into bear market on rising supply, economic concerns
Both Brent and WTI have declined by around 20 percent from the four-year highs they reached in early October
Asian shares mostly higher ahead of US midterms vote
Japan’s Nikkei 225 index jumped 1.1 percent to 22,147.75 and the Kospi in South Korea added 0.6 percent to 2,089.62
Oil drops on Iran sanction exemptions, economic concerns
International Brent crude oil futures were down 28 cents, or 0.4 percent, at $72.89 a barrel
China’s Zhenhua Oil to sign oil deals with Iraq, Saudi at Shanghai expo: Sources
China’s Iraqi crude oil imports rose to 32.28 million tonnes in the first nine months of the year, or 863,000 barrels per day, 15 percent more than the same year-earlier level, according to Chinese customs data
Oil drops 1% as U.S. allows Iran sanctions waivers
Both contracts have fallen more than 15 percent from the near four-year highs touched in early October on worries the looming Iran sanctions could drain supply from global markets
Asia starts November up on strong Wall Street after brutal October
MSCI’s broadest index of Asia-Pacific shares outside Japan rose 0.9 percent, adding to modest gains the previous day, though this came after a brutal October month
Oil prices fall on signs of rising supplies, ebbing confidence on global economy
Thursday’s drops came after U.S. Energy Information Administration data showed crude oil inventories climbed for a sixth straight week
Oil prices rise for first time in three days, but trade war drags
Both crude benchmarks have fallen about $10 a barrel from four-year highs reached in the first week of October and are on track to post their worst monthly performance since July 2016
Asian stocks rally as weaker yuan eases fear of more tariffs
Japan’s Nikkei 225 index jumped 1.4 percent to 21,434.38 after official data showed that its unemployment rate eased to 2.3 percent in September, from 2.4 percent a month earlier
High oil prices hurt consumers, dent fuel demand: IEA chief
Major emerging Asian economies such as India and Indonesia have been hit hard this year by rising crude oil prices, which despite falls this month are up by around 15 percent since the start of 2018
Trump’s Iran sanctions resolve faces test from oil-thirsty China, India
With just days to go before renewed sanctions take effect Nov. 5, the reality is setting in: three of Iran’s top five customers – India, China, and Turkey - are resisting Washington’s call to end purchases outright
PSO profits decline 19% to Rs4,181m in 1st quarter FY19
PSO posted a gross profit of Rs10.91 billion in the first quarter of FY19, gross margins were recorded at 3.89% in the first quarter of FY19 against 3.55% in prior year