A rebound in crude oil demand as the Chinese economy returns to normal operation pushed crude oil throughputs at refineries higher by 3.3% over the first two months of the year. Read Article  +

Spot fuel oil premiums for high sulphur fuel oil (HSFO) declined on Monday, although a flurry of trades at the Singapore window kept the downside limited. Read Article  +

Oil drillers in China set a new record for well depth, drilling 9,396 meters into the ground for what has become the deepest oil well in Asia, Chinese media have reported. Read Article  +

Oil drillers in China set a new record for well depth, drilling 9,396 meters into the ground for what has become the deepest oil well in Asia, Chinese media have reported. Read Article  +

Spot fuel oil premiums for high sulphur fuel oil (HSFO) declined on Monday, although a flurry of trades at the Singapore window kept the downside limited. Read Article  +

Asia’s naphtha refining profit margin weakened by about 15% this week amid a decline in prices of second-half April naphtha to over one-month low. Read Article  +

Asia’s naphtha refining profit margin weakened by about 15% this week amid a decline in prices of second-half April naphtha to over one-month low. Read Article  +

Loadings from the Bonny terminal will drop to levels seen in the second and third quarters of 2022 following a pipeline fire, FGE consultants have warned. Read Article  +

Loadings from the Bonny terminal will drop to levels seen in the second and third quarters of 2022 following a pipeline fire, FGE consultants have warned. Read Article  +

Spot fuel oil cash differentials in Asia steadied on Monday, following a volatile week that saw high sulphur fuel oil (HSFO) rallying and very low sulphur fuel oil (VLSFO) weakening sharply. Read Article  +