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Qatar seeks gasoil from GCC even as countries sever ties

SINGAPORE / Reuters Qatar Petroleum is still seeking gasoil from countries in the Gulf Cooperation Council (GCC) even as some members of the group have severed ties with the country, said two trading sources on Monday. The state-run company was looking for up to two gasoil cargoes a month for delivery over July to September in a tender that closes ...

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Aramco raises crude pricing to US, Asia on increased demand

Bloomberg Saudi Arabia, the world’s largest oil exporter, raised pricing for July sales of all crude grades to Asia, the US and Northwest Europe as it seeks to take advantage of increased demand after suppliers extended production cuts to help curb a global glut. State-owned Saudi Arabian Oil Co., known as Saudi Aramco, increased official pricing for Arab Light crude ...

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Shenhua, China Guodian mull merger

Bloomberg Shenhua Group Corp., China’s biggest coal miner, and China Guodian Corp., one of the nation’s largest coal-fired power generators, are in merger discussions, according to people with knowledge of the matter. The talks are preliminary and the merger may not go ahead, said the people, who asked not to be identified as the information isn’t public. The Hong Kong-listed ...

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