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India scrambles to reduce oil bill inflated by sinking rupee

The oil minister is grasping at desperate measures to cut the country's oil costs by nearly $20 billion after the rupee's slide to record lows has left India facing an oil bill potentially 50......

Iran crude exports rise to highest since EU sanctions

Iran's crude oil exports in December leapt to their highest level since European Union sanctions took effect last July, analysts and shipping sources said, as strong Chinese demand and tanker fleet......
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Thailand turns off tap on gas imports as economy falters

Thailand is cutting natural gas imports after consumption growth in Asia's fourth-largest user of the fuel has sagged to two-decade lows,... ...
India needs curbs to ease as fighting threatens supply from Iraq

(Follow @GasOilGuru on Twitter for important updates) It is reported that India spent the past 5 years cutting its Iranian oil imports to comply... ...
The outlook for marine bunkers and its changing quality

The bunker industry is undergoing the most extensive change since the conversion from coal to liquid fuels as a result of the reduction in harmful... ...
Asia's diesel demand growth seen at 2nd lowest since 1998 crisis

* Asian diesel use to grow about 0.5 pct this year -Woodmac * Asian diesel surplus in 2014 at 1.2 mln bpd -Woodmac * Few outlets for surplus... ...
Ditching clunkers, car imports drive Myanmar oil demand

By Florence Tan and Aung Hla Tun SINGAPORE/YANGON (Reuters) - Myanmar businessman Lay has doubled the number of cars he owns to six in just three... ...

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