petrol

Indonesia’s Pertamina says fuel retailer Vivo agrees to purchase petrol
[JAKARTA] Indonesia state energy firm Pertamina said that fuel retailer Vivo Energy Indonesia (Vivo) has agreed to buy 40,000 barrels of petrol, out of the 100,000 barrel cargo Pertamina...
Glencore JV in talks to buy Exxon’s 59 Singapore petrol stations worth US$1 billion
The sale would allow the American oil major to deploy more capital in areas of higher growth potentialPublished Thu, Jul 10, 2025 · 04:49 PM — Updated Fri, Jul...
Oil steady on strong petrol demand, Red Sea attacks while Trump tariffs loom
[HOUSTON] Oil prices were steady on Wednesday as investors weighed strong US petrol demand data and attacks on shipping in the Red Sea, while US copper tariffs loomed.Brent crude futures settled...
After petrol, China’s oil refiners face a jet fuel glut
[NEW YORK] China’s oil refiners are grappling with an oversupply of jet fuel, in yet another blow to the bottom line of a sector already dealing with ebbing demand...
Malaysia committed to 2025 petrol subsidy cut but no fixed date
[KUALA LUMPUR] Malaysia is committed to reducing petrol subsidies in the second half of the year and is refining its plan as US tariffs darken the economic outlook.The government...
ExxonMobil considering sale of Singapore petrol stations for US$1 billion: sources
THE largest bloc of petrol stations in Singapore may soon hit the market. US energy major ExxonMobil – which is believed to have 59 petrol stations under the Esso...
China’s EV boom threatens to push petrol demand off a cliff
From Tesla chargers in the ancient alleys that surround the Forbidden City in Beijing to lonely highway rest stops with charging posts in the western deserts, signs of the...
Study shows electric and petrol car prices narrowing in Germany
A man plugs an ID.5 GTX into the charging station. The price gap between electric cars and comparable combustion engine models in Germany is narrowing, according to a new...
Nigeria turns to natural gas as transport prices soar after petrol subsidies were removed
ABUJA, Nigeria (AP) — When Nigeria's President Bola Tinubu ended the costly subsidies that made petrol affordable for many in Africa's most populous country, Ahmed Halilu knew his e-hailing...