KPMG Flags Oil Trader ZenRock's Questionable
ZenRock Commodities Trading Pte Ltd is unlikely to continue its core oil trading businesses in the long term, its court-appointed…
Source: aogdigital.com
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Oil falls as U.S. inflation data surges, China imposes lockdowns
Oil prices fell on Friday, after U.S. consumer prices rose more than expected and China imposed new COVID-19 lockdown measures. Brent crude fell $1.06 to settle at $122.01 a barrel. U.S....
Source: marketscreener.com
Asia's jet fuel refining profits hit all-time record, seen climbing further
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 summer travel demand and global airline...
Source: marketscreener.com
Asia's jet fuel refining profits hit all-time record, seen climbing further | Hellenic Shipping News Worldwide
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 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 ...
Source: hellenicshippingnews.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 ...
Source: hellenicshippingnews.com