Asia LPG News
1 Oct 2024
HSBC has cut annual oil price forecasts for this year and the next, citing increased OPEC+ supply later this year outpacing sluggish demand...
1 Oct 2024
Middle East crude opened the new trading month lower as faltering demand growth offset political tensions in the region, a move that also pulled margins for...
1 Oct 2024
SCG Chemicals have started operations at its petrochemical site in southern Vietnam, the company announced...
30 Sep 2024
Crude oil futures opened the week on a firmer footing following an escalation in Middle East geopolitics...
30 Sep 2024
Refined oil product sales in Japan rose in August on the back of strong summer appetite with the combined volume hitting a four-month high of...
30 Sep 2024
Middle East crude closed out the final trading day of the quarter slightly higher, but still booked monthly losses of over 6%, while the product side saw...
27 Sep 2024
Crude oil futures in Friday were drifting sideways as traders waited on further confirmation that OPEC kingpin Saudi Arabia and its allies...
27 Sep 2024
asoline gave back most of its short-lived gains this week as Europe shifted to lower-spec winter grades, while another hurricane
27 Sep 2024
Asian oil markets edged up Friday after the previous session's slump, with gasoil backwardation firming to levels not seen...
26 Sep 2024
Crude oil futures were sharply lower following a report that Saudi Arabia was set to sideline its alleged $100/b price target...
26 Sep 2024
Asian oil markets tumbled Thursday following a UK newspaper report that Saudi was set to ramp up crude production for 2025, a move that...
25 Sep 2024
Brent futures Wednesday rowed back from highs of around the $75/b mark, after the initial boost from China's stimulus package ran its course...
25 Sep 2024
Middle East crude markets edged up Wednesday as geopolitical tensions and China's stimulus package helped to consolidate gains...
25 Sep 2024
Futures prices for liquified petroleum gas in China rallied sharply during Wednesday's session to touch the highest level in more than two...
24 Sep 2024
Crude oil futures Tuesday were climbing higher, underpinned by the escalation in Middle East hostilities and the latest stimulus package...
24 Sep 2024
Middle East crude markets moved higher Tuesday on geopolitical tensions and China's stimulus package, while naphtha timespread pointed to a...
24 Sep 2024
Bank of America (BAML) delivered a fresh warning to oil traders, citing the risk of overexposure to short Brent positioning amid an impending...
23 Sep 2024
Crude oil futures Monday were little changed after consolidating the previous-week's solid gains of 4-5%...
23 Sep 2024
Middle East crude opened the week steady as global oil markets largely consolidated gains after last week's Fed rate cut, while weakness...
20 Sep 2024
Crude oil futures Friday were little changed, heading for a rare consecutive weekly gain as markets looked to have finally halted...