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MELBOURNE/SINGAPORE: Oil prices fell on Tuesday, paring gains from the previous session, as persistent demand concerns due to the coronavirus pandemic outweighed hopes for a new U.S. stimulus package.
BEIJING/SINGAPORE, Sept 29 (Reuters): The tax office in China's Shandong province has urged refiners in the oil hub to make payments to a government risk reserve fund to cover periods when oil prices fell below US$40 a barrel this year, in line with government policy.
PETALING JAYA: Fuel prices are up across the board from Sept 26 to Oct 2, says the Finance Ministry.
SINGAPORE:Asian refining profit margins for 10 ppm gasoil plunged to their weakest level in more than four months on Thursday as the region remained awash with supplies.
PETALING JAYA: After six consecutive months of headline deflation, experts believe the country’s muted price pressures will likely continue for the rest of the year, mainly due to the sluggish crude oil prices.
MEXICO CITY/NEW DELHI: A handful of long-term customers of Venezuela's PDVSA have begun winding down oil trade with the state-run company by scheduling the last cargoes to depart from the sanctioned country ahead of a U.S. deadline, five sources close to the decisions told Reuters.
NEW YORK: Oil prices edged higher on Wednesday, supported by U.S. government data that showed crude and fuel inventories dropped last week, though concerns about the ongoing coronavirus pandemic capped gains
SAN FRANCISCO, Sept. 23 (Xinhua) -- Kate Brown, governor of the U.S. state of Oregon, on Wednesday said that she will follow the California requirement and look into policies to accelerate transportation electrification in her state.
LOS ANGELES, Sept. 23 (Xinhua) -- California Governor Gavin Newsom announced Wednesday to ban the sale of new gasoline-fueled cars and passenger trucks in the most populous state in the United States by 2035, aggressively moving the Golden State further away from its reliance on climate change-causing fossil fuels.