Asia Gasoil-Diesel News

18 Dec 2024
China's refinery output fell to its lowest since February 2023 last month as weak downstream demand at home and abroad led refiners...
18 Dec 2024
Middle East crude markets steadied Wednesday ahead of the US interest rate decision, while gasoline and middle distillate margins...
18 Dec 2024
Another big build in residual stocks in Fujairah last week lifted refined product inventories to their highest levels since mid-September...
17 Dec 2024
Crude oil futures Tuesday were drifting lower for a second session, after struggling to gain a foothold amid sluggish...
17 Dec 2024
Middle East crude markets rowed back Tuesday following the broader risk-off trend, while the bearish pressure piled higher in...
16 Dec 2024
Crude oil futures Monday were slightly lower as sluggish sales data from China derailed the previous week's upward momentum...
16 Dec 2024
Gasoil cracks in Asia have rebounded strongly in the past two weeks underpinned by a weaker outflow from China as refiners in the country...
16 Dec 2024
Middle East crude opened the week higher with markets catching up following the Brent gains after Asia had closed on Friday, putting a...
16 Dec 2024
Australian road fuel demand rose for the fourth consecutive month in October, nearing its highest level of the year, according to official data...
16 Dec 2024
Global investors last week placed more bets on diesel prices falling as slim arbitrage margins throttled exports from the US and Asia while...
16 Dec 2024
Marine fuel sales in November at Singapore, the world's largest ship refuelling hub, fell to 4.46 million mt in November, an 8.5% drop...
13 Dec 2024
Crude oil futures were climbing higher Friday to consolidate the week's moderate gains, underpinned by hopes of a boost from China...
13 Dec 2024
Trafigura Group posted a significant 62% drop in net profit for its 2024 financial year, recording $2.8 billion, as the company absorbed...
13 Dec 2024
Diesel showed signs of renewed strength on both sides of the Suez this week, recovering ground lost to Brent as closed arbs into the region...
13 Dec 2024
Middle East crude eased slightly on the day but still posted comfortable weekly gains, while gasoline cracks continued to firm to near...
12 Dec 2024
Crude oil futures were steady Thursday, with investors looking for details on Beijing's plans to boost China's stumbling economy via...
12 Dec 2024
The International Energy Agency (IEA) forecasts a global oil surplus of up to 1.4 million bpd in 2025, even as demand rises by 1.1 million...
12 Dec 2024
The cost of shipping clean oil products between the Middle East and Singapore have risen in recent weeks as an exodus of Chinese cargoes and stronger...
12 Dec 2024
Thailand's oil demand rose 2% month-on-month in October to 950,000 bpd, government data showed, defying expectations amid...
12 Dec 2024
Middle East crude climbed to monthly highs as sentiment pivoted to the upside, while gasoline margins continued to firm amid tighter...
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