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Middle East crude oil exporters are re-building market share in the key Asia region, a trend likely to continue as the price advantage of local grades against those from the Atlantic Basin jumps to the most in eight years. Top Middle East exporters such as Saudi Arabia, Iraq and Kuwait are seeing increased demand for ...
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Middle East crude oil exporters are re-building market share in the key Asia region, a trend likely to continue as the price advantage of local grades against those from the Atlantic Basin jumps to the most in eight years.
LAUNCESTON — Middle East crude oil exporters are re-building market share in the key Asia region, a trend likely to continue as the price advantage of local…
Singapore residual fuel oil inventories in the week ended Oct. 27, marking four consecutive weeks of stock build-up, as weekly net import volumes decreased but were near the 2021 weekly average, according to official data on Thursday. Onshore fuel oil stocks rose by 109,000 barrels, or about 17,000 tonnes, to a seven-week high of 21.8 ...
Asia’s 180-cst high-sulphur fuel oil (HSFO) cash premium extended declines, sinking to a near four-month low as weak high-sulphur feedstock consumption from utilities failed to provide support beyond the typical summer demand season. 180-cst HSFO cash premiums slipped to 25 cents a tonne to Singapore quotes, the lowest since June 30, amid absent deal activity ...