COMPANY: Aramco Trading opens office in Singapore

 (EnergyAsia, December 9 2017, Saturday) — Saudi Arabia’s state-owned firm, Aramco, said it has started up its international trading subsidiary in Singapore to serve Asia’s growing oil markets. Saudi Aramco Trading Singapore (SATS) will also provide trading and marketing services for its parent firm’s expanding refining and petrochemical output. Citing consulting firm Wood Mackenzie, Saudi...

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MARKETS: Asia to drive global diesel shortfall in 2018, says US energy consultant

(EnergyAsia, December 4, 2017, Monday) — Due largely to reduced production and rising consumption in Asia, the world’s diesel supply will fall short of demand growth next year, said US consultant ESAI Energy Inc. In its latest report on the global diesel market, ESAI said it expects refiners in three of Asia’s main exporters –...

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