After Gasoline, China’s Oil Refiners Face a Jet Fuel Glut
China’s oil refiners are grappling with an oversupply of jet fuel, in yet another blow to the bottom line of…
Tag: Glut
Oil Drops as Larger OPEC+ Supply Increase Raises Glut Concerns
Oil declined after OPEC+ agreed to a bigger-than-expected production increase next month, raising concerns about oversupply just as US tariffs…
China Expands Its Coal Exports and Shrinks Imports Due to Glut
China’s coal glut is resulting in an increasing number of unwanted cargoes being offered abroad. www.bloomberg.com #China #Expands #Coal #Exports…
Oil Extends Drop as US Stockpile Build Amplifies Glut Concerns
Oil extended a decline as higher US crude stockpiles reinforced worries about an oversupplied market, with geopolitical concerns also in…