The agreement for the Trinco Petroleum Terminal (Pvt) Ltd (TPTL) between the state-owned Ceylon Petroleum Corporation (CPC) and Lanka IOC, a subsidiary of Indian Oil Corporation, was signed in January ...
Oil prices crept higher on Wednesday as the market focused on potential supply disruptions from sanctions on Russian tankers, though gains were tempered by a lack of ...
“High spare oil capacity is likely to restrict oil prices from climbing substantially this year in spite of continued solid demand,” Goldman Sachs said, adding that it expects global oil demand to ...