Asia Gasoil-Diesel News

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...
12 Dec 2024
Refined oil product stocks in Singapore continued to rise last week to the highest level since early September as refiners in...
11 Dec 2024
Crude oil futures were climbing higher on growing expectations of further China stimulus, while speculation on tighter sanctions...
11 Dec 2024
Goldman Sachs expects oil tanker freight rates to decline steadily over the next two years as fleet growth outpaces demand, easing the...
11 Dec 2024
FOB Singapore jet fuel regrade continued to come under significant pressure half way through this week as the spread flipped into negative territory, suggesting the...
11 Dec 2024
Kerosene stocks in Japan continued to slide last week amid the peak winter heating season despite local refiners ramping up crude runs to the...
11 Dec 2024
Fuel oil stocks slumped 25% in Fujairah last week as residual inventories remained under supply pressure, while there was a big build in...
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