Global Industry: “Oil refining capacity to grow at record pace this year” – IEA

Global Industry: “Oil refining capacity to grow at record pace this year” – IEA

Global oil refining capacity is set to increase at its fastest pace on record this year, possibly boosting stocks of products such as diesel, gasoline and marine fuel, the International Energy Agency said on Friday.

Read More

Global Markets: OPEC Sees Slower 2019 Oil Demand Growth

Global Markets: OPEC Sees Slower 2019 Oil Demand Growth

(Reuters) – OPEC on Wednesday further trimmed its forecast for 2019 global oil demand growth and said the risk to the economic outlook was skewed to the downside, adding a new challenge to the group’s efforts to support the market next year.

Read More
1 2