Iran’s oil sales have reportedly hit a record high since the US withdrew from the nuclear deal and reinstated sanctions in 2018, but pundits wonder where the money goes. Read Article  +

Monthly sales of marine fuel, also known as bunker fuel, hit over five-year highs at the world's largest refuelling hub Singapore in May as vessel arrivals spiked amid firm container throughput, official data showed on Wednesday. Read A...  +

Monthly sales of marine fuel, also known as bunker fuel, hit over five-year highs at the world's largest refuelling hub Singapore in May as vessel arrivals spiked amid firm container throughput, official data showed on Wednesday. Read A...  +

Asia’s very-low sulphur fuel oil (VLSFO) margin climbed to a four-month high on Tuesday, led by indications of tighter blending components and a recent recovery in gasoline cracks. Read Article  +

Decisions from OPEC last weekend, and from Saudi Arabia in particular, overshadowed what could have been a major opportunity for three African producers. Read Article  +

Asia’s naphtha refining profit margin shrank by as much as six times this week amid persisting poor petrochemical demand in China and rising discounted Russian supplies. Read Article  +

Decisions from OPEC last weekend, and from Saudi Arabia in particular, overshadowed what could have been a major opportunity for three African producers. Read Article  +

Asia’s naphtha refining profit margin shrank by as much as six times this week amid persisting poor petrochemical demand in China and rising discounted Russian supplies. Read Article  +

Asia’s very-low sulphur fuel oil (VLSFO) margin climbed to a four-month high on Tuesday, led by indications of tighter blending components and a recent recovery in gasoline cracks. Read Article  +

Leading crude exporter Saudi Arabia is maximising refining profits by importing unprecedented amounts of cheap Russian diesel and in turn shipping record volumes to Singapore, where the fuel can achieve higher margins, shiptracking data ...  +