Naphtha News
9 Oct 2024
The Energy Information Administration has revised down its forecasts for oil demand for this year and the next, citing refining weakness in...
9 Oct 2024
Fujairah fuel oil stocks fell another 4% to their lowest levels in three years last week as firmer-than-usual demand pulled barrels from...
9 Oct 2024
Japanese refined product inventories continued to scrape along at multi-year lows last week, even as stock building into the year-end ahead of...
9 Oct 2024
Russia will take 4 million mt or around 950,000 bpd of domestic refinery capacity offline this month...
9 Oct 2024
East of Suez crude prices rowed back Wednesday following the broader oil selloff, while a tightening gasoil market pushed cash differentials...
8 Oct 2024
Crude oil futures Tuesday were in sharp retreat from the early-week highs amid uncertainty over Israel's likely response to...
8 Oct 2024
Crude lost grip of the $80/b handle Tuesday as bearish market signals emerged from the shadows to reignite some downward pressure on prices...
8 Oct 2024
State-owned Qatar Energy on Tuesday signed a 20-year supply agreement with Shell for up to 18 million mt of naphtha...
8 Oct 2024
Hurricane Milton was set to swell on its path towards the battered US Gulf Coast Tuesday, even as its intensity faded, with the now-Category 4...
8 Oct 2024
Asian oil prices were higher Tuesday as markets caught up with the Brent spike after Asian markets had closed in the previous session...
8 Oct 2024
Russian distillate exports are still seeping into Europe, data from LSEG showed Tuesday, despite of the European embargo on the import of...
7 Oct 2024
Crude oil futures opened the week firmer with investors again left on tenterhooks regarding Israel's response...
7 Oct 2024
Quantum Commodity Intelligence – Crude built on recent gains Monday as escalating tensions in the Middle East prompted growing concerns of...
7 Oct 2024
Rosneft's export-orientated 240,000 bpd Tuapse refinery has stopped processing crude this month because of weak margins...
7 Oct 2024
East of Suez opened the week on a firm footing as geopolitical tensions continue to dominate, a move that ate into most refined product...
4 Oct 2024
Oil futures Friday were climbing higher as crude benchmarks extended the week's gains to 10% amid a spike in geopolitical tension and...
4 Oct 2024
Crude extended recent gains Friday as Middle East tensions helped Brent record its steepest weekly gain for the year...
4 Oct 2024
Global gasoline cracks slipped this week, unable to keep up with the gyrations in crude markets despite a sharp jump in cash markets...
4 Oct 2024
East of Suez crude extended the weekly rally to over 8%, catching up with the Brent gains after Asian had closed on Thursday, while also...
3 Oct 2024
Brent crude futures surged past the $77/b mark as investors waited for Israel's next move in the heightened Middle East conflict...