Asian fuel oil margin hits 1-year high, supply tightness to persist in 2021
February 11, 2021
Supported by shrinking supplies and firm demand, Asian refiners’ profit from producing very low sulphur fuel oil (VLSFO) rose to a one-year high this week, setting the stage for a trend that could persist throughout the year, traders and...
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Asian fuel oil margin hits 1-year high, supply tightness to persist in 2021
February 11, 2021
Supported by shrinking supplies and firm demand, Asian refiners’ profit from producing very low sulphur fuel oil (VLSFO) rose to a one-year high this week, setting the stage for a trend that could persist throughout the year, traders and...
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REFINERY NEWS ROUNDUP: New refineries to increase Middle East product sales
January 28, 2021
Middle East oil product sales could reach 8 million-9 million b/d by 2023 as new refineries open up in the UAE, Saudi Arabia, Iraq and Oman, Glander International Bunkering senior sourcer Sean Burgin said.
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Weak diesel demand signals a slow rebound for industrial India
January 28, 2021
It’s set to be a slow crawl back to pre-virus levels for Indian energy demand with diesel, the most-used fuel, holding back the recovery.
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Weak diesel demand signals a slow rebound for industrial India
January 28, 2021
It’s set to be a slow crawl back to pre-virus levels for Indian energy demand with diesel, the most-used fuel, holding back the recovery.
Read Article
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REFINERY NEWS ROUNDUP: New refineries to increase Middle East product sales
January 28, 2021
Middle East oil product sales could reach 8 million-9 million b/d by 2023 as new refineries open up in the UAE, Saudi Arabia, Iraq and Oman, Glander International Bunkering senior sourcer Sean Burgin said.
Read Article
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China’s oil demand at risk as millions scrap New Year travel
January 21, 2021
For Rachel Tian -- and millions of other Chinese people -- Lunar New Year festivities look set to be less of a family affair in 2021.
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Iraq's dominance over Indian crude market to be tested if Iran returns
January 21, 2021
Iraq's crude exports to India grew nearly double-digits last year, helping it retain the title of India's top oil supplier in 2020, but it may struggle to attain similar growth in 2021 if the newly appointed US President Joe Biden resurr...
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Iraq's dominance over Indian crude market to be tested if Iran returns
January 21, 2021
Iraq's crude exports to India grew nearly double-digits last year, helping it retain the title of India's top oil supplier in 2020, but it may struggle to attain similar growth in 2021 if the newly appointed US President Joe Biden resurr...
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China’s oil demand at risk as millions scrap New Year travel
January 21, 2021
For Rachel Tian -- and millions of other Chinese people -- Lunar New Year festivities look set to be less of a family affair in 2021.
Read Article
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