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Saudi Aramco to ramp up Jizan fuel output, sources say
March 27, 2023

Saudi Aramco's Jizan refinery is set to increase output of ultra-low sulphur diesel (ULSD) and reduce exports of vacuum gasoil (VGO) as it ramps up production in the second quarter, industry sources said. Read Article  +

Saudi Aramco to ramp up Jizan fuel output, sources say
March 27, 2023

Saudi Aramco's Jizan refinery is set to increase output of ultra-low sulphur diesel (ULSD) and reduce exports of vacuum gasoil (VGO) as it ramps up production in the second quarter, industry sources said. Read Article  +

Strong Asia Oil Demand Pushes Key Mideast Spread to Two-Year Low
March 22, 2023

A closely-watched gauge of Asian oil demand is at its tightest level in more than two years, underscoring the region’s buoyancy just as investors expect a slowdown in Europe and the US following the recent turmoil in their banking system...  +

Strong Asia Oil Demand Pushes Key Mideast Spread to Two-Year Low
March 22, 2023

A closely-watched gauge of Asian oil demand is at its tightest level in more than two years, underscoring the region’s buoyancy just as investors expect a slowdown in Europe and the US following the recent turmoil in their banking system...  +

Venezuela-US Detente Sparks Jump in Asian Fuel-Oil Margins
March 20, 2023

Profits from making one of the world’s dirtiest fuels are soaring in Asia as Chinese refiners snap up replacement feedstocks for dwindling Venezuelan oil shipments after a partial sanctions reprieve allowed exports to the US to resume. ...  +