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  +

Refiners’ profit from making gasoline has tripled in Asia this year from October lows amid tight supplies from China and hopes of record Indonesian demand, a trend that is likely to continue into summer driving season, traders and analys...  +

Refiners’ profit from making gasoline has tripled in Asia this year from October lows amid tight supplies from China and hopes of record Indonesian demand, a trend that is likely to continue into summer driving season, traders and analys...  +

A price cap on Russian naphtha could pressure east-bound supplies to four-month lows in March, estimates by traders and analysts showed. Read Article  +

A price cap on Russian naphtha could pressure east-bound supplies to four-month lows in March, estimates by traders and analysts showed. Read Article  +

The global tank wagon market will grow from $67.44 billion in 2022 to $70.56 billion in 2023 at a compound annual growth rate (CAGR) of 4.6%. Read Article  +

Kuwait is set to ramp up refined oil product exports from its new Al Zour refinery in the second half of 2023 to plug Russian shortfalls in Europe and meet growing demand in Asia and Africa, industry sources and analysts said. Read Arti...  +

Kuwait is set to ramp up refined oil product exports from its new Al Zour refinery in the second half of 2023 to plug Russian shortfalls in Europe and meet growing demand in Asia and Africa, industry sources and analysts said. Read Arti...  +

The global tank wagon market will grow from $67.44 billion in 2022 to $70.56 billion in 2023 at a compound annual growth rate (CAGR) of 4.6%. Read Article  +

Asia’s gasoline refining profit margin declined on Wednesday as Fujairah inventories swelled, although sentiment remained positive amid lower shipments from China and robust demand from Indonesia, traders said. Read Article  +