East Timor's Kitan condensate will no longer be available in the spot market as the ultra-light oil field reached the end of its normal life, market sources said Monday. "After January, there will be no more [Kitan cargoes]," a trade ...
Tags: ultra-light oil field, condensate, crude
The Singapore cracking margin against Dubai crude rose to $7.46/b Monday, its widest in 32 months, supported by firmer light distillate cracks and weaker crude, Platts data showed. It has widened from $5/b on November 1, with much of the ...
Tags: Dubai crude, gasoline, sour crude
A combination of low inventories and refinery maintenance could be spurring some Chinese state-owned companies to seek gasoil imports for the fourth quarter, sources said this week. Though market sources said that state-owned trader ...
Tags: Gasoil, sulfur gasoil, crude oil
Taiwan's CPC and Formosa Petrochemical have both raised domestic retail prices of gasoline and diesel by T$0.50/liter ($0.020/liter) effective Monday, according to the companies' websites. The change raises both refiners' retail prices ...
Tags: Gasoline, Diesel Prices
South Korea's import prices rebounded last month due to higher oil prices that offset the local currency's appreciation against the U.S. dollar, central bank data showed Wednesday. In local currency terms, imports prices rose 0.7 percent ...
Tags: Oil, Metallurgy, Mineral, Energy
Weakening crude refining margins and middle distillates cracks have led to low buying interest among Northeast Asian refiners for prompt May loading ESPO blend crude, trading sources said Thursday. Three to four of the 19 ESPO blend crude ...
Tags: Distillate Cracks, Chemicals
KUNA reported that Kuwait's crude oil exports to Japan jumped 25.3% in October from a year earlier to 8.19 million barrels or 264,000 barrels per day for the first expansion in 2 months. The Japanese Natural Resources and Energy Agency ...
Tags: steel scrap buyers, stainless steel, buy steel pipe, iron ore price news
A little heralded change to China's crude import rules may have a much greater impact on Asia's fuel oil market next year further depressing margins for the residue. Industry sources said that China National Chemical Corporation may be ...
Tags: teapot, PetroChina, Sinopec, CNOOC, fuel