India set to emerge as key market for American crude exports
India is set to emerge as a key market for American crude exports in coming months, as U.S. exports recently set a weekly record with nearly 2 million barrels …
India’s fuel demand surges 10% in September; biggest expansion in over a year
India’s fuel demand surged 9.9 per cent in September, the biggest expansion in more than one year, after petrol and diesel consumption soared. The world’s …
India and Mozambique agree to develop Rovuma gas discovery
India and Mozambique have agreed to expedite development of the giant Rovuma gas discovery in Mozambique, which is planned to be converted into LNG for …
Gas security remains a concern despite improving market flexibility, well supplied markets – IEA
While gas markets are currently well supplied, the transformation of natural gas markets from regional systems to more globalised and interdependent markets is …
Africa’s economic performance improves in 2017; to gain momentum next year – AfDB
Africa’s economic outlook improved in 2017 compared with last year and is expected to gain momentum in 2018 due to a wider global recovery, the African …
Indonesia’s coal production in 2017 seen below target
Despite the recovering coal price, Indonesia’s coal output reached 294.5 million tons up to 31 August 2017, roughly 62 percent of the full-year target (477 …
COMMENTARY – Trump goes after Iran; his move seen impacting geopolitics more than oil
American President Donald Trump has officially decertified the Joint Comprehensive Plan of Action (JCPOA) Iran deal, while hitting Iranian power …
Global economy to expand at fastest pace since 2010; IMF says opportunity to secure recovery
The global economy is expected to turn in the best growth in six years, IMF Managing Director Christine Lagarde told the G-20 economists and finance …
World finance chiefs defend globalisation, despite increasing populism against it
Global finance officials defended their efforts to promote free trade and closer international links against a rising ride of populism around the world and …
China will continue its oil buying spree, IEA predicts
Although Chinese oil stocks data is opaque and hard to come by, various sources peg China’s storage capacity at up to 1 billion barrels. Assuming an estimate …