Bloomberg The crude market may be underestimating China’s oil demand. Storage data gathered by satellite implies the amount of crude China is putting into storage is below what can be extrapolated from the nation’s customs and production data, Barclays Plc analysts wrote in a note. That means it may be consuming more oil than official data indicate and that the ...

DHAKA / Reuters Bangladesh signed a long-term sales and purchase agreement with an Indian refiner to import gasoil to meet the country’s energy demand, officials said. The deal between Bangladesh Petroleum Corp (BPC) and Numaligarh Refinery Limited (NRL) was signed in presence of India’s External Affairs Minister Sushma Swaraj, who arrived in Dhaka on Sunday on a two-day visit to ...

Bloomberg Since the first shale gas export terminal opened in Louisiana last year, America’s drillers have seen at least 75 cargoes of their fuel sail through the Panama Canal bound for markets in Asia. Now they’re looking for a cheaper and quicker route. And they’ve turned to Mexico for help. Aldo Flores, Mexico’s deputy energy secretary, said that the government’s ...