China’s Sinopec expects flat refinery output in H2

SINGAPORE: Cina Petroleum and Chemical substance Corp said upon Monday (Aug 29) it expects second-half refinery throughput to become flat versus the initial half with yearly processing volume regarding 2022 down 6 per cent versus 2021, after the country’s COVID-19 measures hit gasoline demand at home. The company, better knownContinue Reading

India’s status as world’s fastest growing major economy to be short-lived: Reuters poll

BENGALURU: India likely recorded strong double-digit financial growth in the last one fourth but economists polled by Reuters anticipated the pace in order to more than halve this quarter and slow further toward the conclusion of the year because interest rates rise. Asia’s third-largest economy is grappling with persistently higherContinue Reading