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Asia Distillates Gasoil crack climbs on limited supplies

Asian refining margins for 10 ppm gasoil rose on Thursday, supported by shrinking inventories and firm demand.

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Dubai
Dubayy
United-arab-emirates
United-states
Fujairah
Al-fujayrah
Washington
Singapore
American
David-goodman
Thomson-reuters-trust-principles

China non-committal on U.S. 'drop in the ocean' oil release

China, the world's largest crude importer, was non-committal about whether it will release oil from its reserves as requested by Washington, while OPEC sources said the U.S. action has not made the producer group change course.

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OPEC says U.S.-led SPR oil release may swell surplus next year

OPEC expects a release of oil stocks by majors consumers to significantly increase a global glut in the next few months, an OPEC source said, just over a week before a meeting to decide immediate output policy.

Japan
Iraq
India
United-kingdom
China
South-korea
Bengaluru
Karnataka
London
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Britain
Brijesh-patel

Asia Distillates Cash premiums extend rise, cracks rebound

Asia's cash premiums for benchmark 10 ppm gasoil and jet fuel cargoes continued to rise on Wednesday as firming demand draws on inventories at key storage and trading hubs.

Japan
Dubai
Dubayy
United-arab-emirates
United-states
India
United-kingdom
Colombo
Western
Sri-lanka
Singapore
China

Column: No shock and awe after U.S.-led emergency oil release: Kemp

Oil prices rose after the U.S.-coordinated release of emergency petroleum stocks was announced on Tuesday, as the volume of extra petroleum offered to the market proved smaller than traders anticipated.

Japan
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India
United-kingdom
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