Global refinery margins lose steam as Russian oil finds new outlets
April 25, 2023
Global diesel margins have slumped by about half since February, dragging on refiners' profits, as Russian exports continue despite sanctions, helping output from China and India reach all-time highs in March.
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Global refinery margins lose steam as Russian oil finds new outlets
April 25, 2023
Global diesel margins have slumped by about half since February, dragging on refiners' profits, as Russian exports continue despite sanctions, helping output from China and India reach all-time highs in March.
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Oil Bulls Fret as Sliding Profits Spur Talk of Refinery Cuts
April 25, 2023
A steep slump in oil-refining profits over the last few weeks has left traders and analysts talking about one thing — run cuts.
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Asia petchem producers plan to switch to LPG after price slump
April 21, 2023
Several Asian petrochemical producers plan to switch a portion of their feedstock from naphtha to cheaper liquefied petroleum gas (LPG) late in the second quarter as the price gap between the two fuels has widened, refinery and trade sou...
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High LNG stocks in North Asia, weak demand leads to more storage at sea
April 21, 2023
Volumes of liquefied natural gas (LNG) stored at sea have increased on an annual basis this month, driven by more vessels in Asia amid high inventories and slow spot demand in Japan, China and South Korea analysts say.
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High LNG stocks in North Asia, weak demand leads to more storage at sea
April 21, 2023
Volumes of liquefied natural gas (LNG) stored at sea have increased on an annual basis this month, driven by more vessels in Asia amid high inventories and slow spot demand in Japan, China and South Korea analysts say.
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Asia petchem producers plan to switch to LPG after price slump
April 21, 2023
Several Asian petrochemical producers plan to switch a portion of their feedstock from naphtha to cheaper liquefied petroleum gas (LPG) late in the second quarter as the price gap between the two fuels has widened, refinery and trade sou...
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Fuel that powers the global economy is flashing recession signs
April 16, 2023
Signs of an economic slowdown are flashing in the global diesel market. In China, the number of trucks running on highways is noticeably down in recent weeks. In Europe, diesel's premium to crude futures recently plunged to the lowest le...
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Fuel that powers the global economy is flashing recession signs
April 16, 2023
Signs of an economic slowdown are flashing in the global diesel market. In China, the number of trucks running on highways is noticeably down in recent weeks. In Europe, diesel's premium to crude futures recently plunged to the lowest le...
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French Strikes Slow the Recovery From Europe’s Energy Crisis
April 14, 2023
Europe survived the most perilous stretch of its energy crisis without significant supply disruptions. Then workers in France went on strike, roiling activities from ports to power plants.
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