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OPHR 74.50 -1.00 (-1.32%)
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Tanzania's Natural Gas Reserves Almost Triple on New Finds
Tanzania's total estimated natural gas reserves almost tripled to as much as 28.7 trillion cubic feet with recent offshore discoveries including one by Statoil ASA, Energy Minister Sospeter Muhongo said. The energy ministry plans to submit a draft ...
Europe Gasoline/Naphtha-Gasoline arbitrage to US reopens
"The market clearly likes this gasoline number ahead of the summer driving season," said Andy Lebow, senior vice president of energy at Jefferies Bache In New York. Naphtha prices, however, fell with poor Asian demand as regional margins stuck near ...