- Asia Distillates-Gasoil crack extends decline, regrade spread narrows
February 20, 2024
Asia’s gasoil refining crack extended its decline on Monday, while the regrade spread continued to narrow.
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- Experts wonder if Saudi Arabia has enough gas to go around
February 14, 2024
Saudi Arabia is investing hundreds of billions of dollars in natural gas, but analysts are divided about the chances of the world’s largest oil exporter becoming a gas-exporting powerhouse too.
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- Red Sea, Russian refinery attacks tighten Asia naphtha supplies
February 14, 2024
Prices of naphtha, a key petrochemical feedstock, have jumped in Asia as drone attacks on Russian refineries and the Red Sea shipping crisis have disrupted European shipments, trade sources and analysts said.
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- Singapore January bunker fuel sales rise 12.1% y/y on Red Sea diversions
February 14, 2024
Marine bunker fuel sales in Singapore kickstarted 2024 on a firm note, the latest data for January showed, climbing 12.1% year-on-year as shipping disruptions in the Red Sea spurred more ships to refuel in the city-state.
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- China, US-led global refill of depleted oil stocks seen buoying demand
February 14, 2024
A push to replenish depleted oil stocks notably in China, the United States and Europe could buoy demand and prices in coming months, analysts and traders said, as tensions in the Middle East threaten key shipping lanes.
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