OIL

Worst fuel oil loss since 2011

Refining losses from producing fuel oil in Asia are poised to narrow as imports from western countries and Iran decline, while global economic growth boosts demand for transportation fuels.

Worst fuel oil loss since 2011

Cargoes of the ship and power-station fuel cost an average $10.20 a barrel below Dubai crude this month, the largest monthly discount since April 2011, according to data compiled by Bloomberg. That...

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