Thailand oil Demand to Increase Next Year

The largest oil refinery of Thailand by capacity, Thai Oil Plc (TOP) has observed that the country’s domestic need for fuel has started returning to the level before the pandemic. The refinery believes that the demand for jet fuel will also return to normal once travel restrictions are lift...

SOUTH KOREAN OIL REFINERS STRUGGLING DUE TO COVID-19

Highlights –

• Oil demand has been low due to the latest epidemic, crude prices struggle
• Singapore complex gross refining margin stood at $1.4 per barrel
• South Korea refiners earnings plunge in 2019 due to negative refining margins

SOUTH KOREA’S OIL REFINERIES CUT DOWN PRODUCTION – COVID - 19

Highlights –

• COVID-19 reduces oil consumption in the country
• Oil refineries facing a rapid loss
• Export to China has gone down

Due to the spread of COVID-19, South Korea’s oil refineries are going through a los...

The About to be Thriving Phu Yen Province of Vietnam.

Located on the South-Central Coast of Vietnam, the province of Phu Yen, has seen a remarkable development in recent years due to the various infrastructure and industrial projects undertaken by many domestic and foreign investors. The province is also encouraging investors to invest in projects l...