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Asia's jet fuel refining profits hit all-time record, seen climbing further | Hellenic Shipping News Worldwide

Asian jet fuel refining profits โ€“ already at all-time highs โ€“ have enough leg room for more gains in the coming weeks, as relaxed border curbs boost summer travel demand and global airline capacity tops 100 million seats for the first time since early 2020. Despite rising fares and fuel surcharges, the number of scheduled ...
United States United Arab Emirates Peter Lee Gavin Maguire Jane Xie Koustav Samanta

Asia's Jet Fuel Prices Continue to Soar Along With Travel Demand

Asian jet fuel refining profits - already at all-time highs - have enough leg room for more gains in the coming weeks, as relaxed border curbs boost Asian jet fuel refining profits have enough room to grow in the coming weeks, as relaxed borders boost summer travel demand and airline capacity tops 100 million seats.
United States United Arab Emirates Peter Lee Jane Xie Serena Huang Sandy Kwa
Source: skift.com

Red-hot Asia gasoil margins may peak in June as supplies rise, monsoon approaches

Asian refining margins for gasoil, which jumped to their strongest levels on record on Monday, may start cooling off as early as next month as refiners ramp up output, while the upcoming monsoon season could dampen demand, traders and analysts said. Refining margins for the benchmark 10 ppm gasoil in Singapore GO10SGCKMc1, which have soared ...
United States United Arab Emirates South Korea Florence Tan Shailesh Kuber Jane Xie

Asian refining margins for gasoil, jet fuel hit new highs | Hellenic Shipping News Worldwide

Asian oil refiners are reaping their highest profits ever this week, spurred by higher fuel demand during peak holiday seasons as more economies recover from the COVID-19 pandemic while the region ramps up exports to Europe to replace a Russia shortfall. Profit margins for complex refineries in Singapore, the bellwether for Asian refiners, tipped over ...
United States South Korea Mohi Narayan Florence Tan Jan Harvey Koustav Samanta

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Asia oil refiners rake in record profits on tight global supplies | Hellenic Shipping News Worldwide

Asian oil refiners are reaping their highest profits ever this week, spurred by higher fuel demand during peak holiday seasons as more economies recover from the COVID-19 pandemic while the region ramps up exports to Europe to replace a Russia shortfall. Profit margins for complex refineries in Singapore, the bellwether for Asian refiners, tipped over ...
United States South Korea Mohi Narayan Florence Tan Jan Harvey Koustav Samanta

Analysis: Global fuel prices jump as Asia, U.S. to rev up demand in second quarter

6 Min Read SINGAPORE/NEW YORK/LONDON (Reuters) - Global oil and fuel prices are picking up as demand returns to pre-pandemic levels amid easing coronavirus lockdowns in key countries like China and India and signs of increasing road travel in several countries. FILE PHOTO: FILE PHOTO: A gas pump at an Arco gas station in San Diego, California, U.S. July 11, 2018. REUTERS/Mike Blake/File Photo/File Photo/File Photo Gasoline prices in Asia, Europe and the United States all scaled 1-year highs th...
New York United States City Of United Kingdom Florence Tan John Kilduff

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