Tag: oil demand

Distressed Russian Cargoes Not To Ameliorate Rising Asian Inflation

Tight availability will put pressure on Asia's throughput rates India, China will keep eyeing discounted spot Ural cargoes Asia's 2022 demand growth could...

VLFSO’s Dramatic Surge In Prices

Record breaking prices for VLFSO come on the back of a dramatic surge in oil and gas prices in early trading on Monday...

Ukrainian Conflict Intensifies, Bunker Prices Surge

As the Ukrainian conflict intensifies, bunker prices are reflecting the escalation in oil prices. Marine gasoil breaching $1,000 per tonne in the major...

Global Pandemic To Impede Tanker Market in 2022?

The swift reintroduction of international travel bans to stem the spread of the Omicron variant of COVID-19 has derailed the already faltering turnaround in...

Crude oil Futures Hold Gains

Crude oil futures were slightly higher in mid-morning trade in Asia Dec. 28, extending strong overnight gains. Key US equity indices were seen...

OPEC+ Expected To Be Prudent While Evaluating New Variant

The chairman of Vitol Asia indicated on Nov. 28 that an OPEC+ committee meeting on Dec. 2 is expected to take a cautious stance...

Oil Product Stockpiles Rises Consistently, Says Data

All categories show gains for week to Nov. 8. Total inventories down 1.9% in past year. Heavy distillates total rises to 10.501 mil...

Chinese Clean Fuel Exports Surge 16% From Previous Year

China's exports of very low-sulphur fuel oil (VLSFO), mainly as clean marine bunker fuel, rose in September by 16% from a year earlier, reports...

[Podcast] Impact Of Rising Prices & New Green Regulation

Just as the summer finally comes to an end and mornings become chilly, we would be expecting demand for heating oil to ramp up...

Oil Demand To Shoot Up Above Pre-Covid Levels by Dec 2022

Oil demand is set to rise above pre-COVID levels by the end of 2022, but oil producers will need to boost production, the International...
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