Asia Naphtha News
20 May 2024
China's heavy fuel oil imports spiked to nearly 2.98 million mt or 665,000 bpd in April, reaching the highest level since the pre-Covid era...
17 May 2024
Crude oil futures Friday were little changed as benchmarks held onto modest weekly gains after facing mixed signals over the past...
17 May 2024
Quantum Commodity Intelligence – Asian crude oil prices rebounded strongly Friday as benchmark Dubai hit a six-month high versus Brent, while gasoil cracks...
17 May 2024
A fire has broken out at the 240,000 bpd Tuapse refinery in the Krasnodar Krai region on Russia's Black Sea coast after another apparent...
16 May 2024
The front-month naphtha-propane spread in Asia weakened to nearly a three-month low as a slew of...
16 May 2024
Crude oil futures in Thursday were edging up after consolidating the previous-session's gains, as the latest US inflation report boosted sentiment...
16 May 2024
East of Suez crude prices Thursday were marginally higher but soft refining margins this month have started to feed through into the...
16 May 2024
Singapore's refined oil product stocks fell 5% last week as middle distillate inventories saw a big draw, while fuel oil imports pulled back...
16 May 2024
Vietnam's Binh Son Refining and Petrochemical (BSR) has secured financing for an upgrade and expansion plan at...
15 May 2024
Crude oil futures Wednesday were slightly higher after sharp intraday swings, as US inflation figures and oil inventory draws offset the IEA's...
15 May 2024
East of Suez crude prices Wednesday were slightly lower as weak refining margins again weighed on Q3 demand outlook, while an oversupplied...
15 May 2024
A big draw in light end stocks in the Middle Eastern bunkering hub of Fujairah last week saw availability of refined products drop in the...
15 May 2024
Quantum Commodity Intelligence – A growing gasoil inventory level in Japan underpinned by the short-term supply glut in the Asia Pacific region continued to...
14 May 2024
rude oil futures Tuesday were sliding lower as oil markets failed to react to another upbeat demand outlook from OPEC, instead focusing on...
14 May 2024
Asian naphtha margins continued to fall on Tuesday to hit a one-month low amid a series of scheduled turnarounds at crackers and...
14 May 2024
East of Suez crude prices were steady Tuesday with markets generally lacking direction in the early stages of the week, but the downward...
14 May 2024
Australian oil refiner Ampol will start planned maintenance at its 110,000 bpd Lytton refinery in Queensland in July this year, the company...
13 May 2024
Crude oil futures opened the week marginally higher as focus pivots back to macroeconomics, in particular the US and the timetable for rate cuts ahead...
13 May 2024
A second drone attack has hit Lukoil's 300,000 bpd Volgograd refinery, with a Sunday attack said to have damaged a crude distillation unit...
13 May 2024
Middle East crude opened the week lower as markets caught up with the Brent retreat after Asian markets had closed on Friday...