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India oil demand slows on rains, unrest

  Bloomberg India’s oil product demand contracted for the first time in almost two years amid strong monsoon rains and unrest in some provinces. Fuel use during September in the world’s fastest growing consumer fell to 14.6 million tons last month, down 2 percent from a year earlier, according to the oil ministry’s Petroleum Planning & Analysis Cell. That’s the ...

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A peek under the hood of China’s third-quarter GDP report

  Bloomberg With the world’s second-largest economy stable for now, you’ll need to look under the hood to see where the real action is when China releases its third-quarter economic report card on Wednesday. Gross domestic product probably expanded 6.7 percent from a year earlier in the three months through September, the same pace as the previous two quarters and ...

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Indonesia palm oil reserves go up as output peaks

  Bloomberg Palm oil inventories in Indonesia probably rose to a four-month high as supplies in the world’s largest producer neared a seasonal peak. Stockpiles climbed 12 percent to 1.9 million metric tons in September from 1.695 million tons in August, the highest since May, according to the median of seven estimates from analysts, refiners and plantation executives compiled by ...

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