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Our take
Jul 04: 8Rates in the crude carriers market came under pressure last week, with the upward momentum in the Middle East stalling despite the fact that tension in the region has yet to be resolved. The period market remained busy at the same time, with both short-term and longer-term contracts being fixed at significant premiums over spot levels. Click on Reports for more.
8A new CNG player using biofuels is in town, know more click on Reports .
8Benchmark complex refining margins may remain weak led by low crude differentials, it seems. Click on Reports for more.
8China has opened up its E&P business to 100% foreign ownership. City gas distribution too has been opened up to foreign companies. Click on Reports for more.
8A world beyond 1.5°C would commit Indian coast lines to more than 2m of sea level rise. Click on Reports for more.

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