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S Korea could shun some Mexican, Russian crudes if Iran returns to market | Hellenic Shipping News Worldwide

S Korea could shun some Mexican, Russian crudes if Iran returns to market | Hellenic Shipping News Worldwide
hellenicshippingnews.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from hellenicshippingnews.com Daily Mail and Mail on Sunday newspapers.

Petroleum products rebound; Korea reaches all-time high April exports

S Korea s H2 gasoil exports seen limited on improving domestic demand, China tax

South Korean gasoil producers are poised to trim exports and shift focus to the domestic market as industrial fuel demand improves amid a rapid pickup in the country’s economic activity, while Beijing’s decision to slap a consumption tax on diesel blendstock has dented the sales outlook to China. South Korea’s gasoil exports fell 17.1% month .

S Korea s SK Energy to limit Q2 oil product output amid fragile Asian demand

Singapore Transportation fuels including gasoline, diesel and jet fuel saw their refining margins improve sharply from 2020 levels amid a pick up in mobility, but South Korea s top refiner SK Energy plans to maintain a conservative approach in middle distillate production as the outlook for Asia s fuel demand remains fragile. Not registered? Receive daily email alerts, subscriber notes & personalize your experience. Register Now The FOB Singapore 92 RON gasoline crack against front-month ICE Brent crude futures averaged $5.25/b to date in 2021, a sharp improvement from 2020 average of crack spread of $1.75/b, S&P Global Platts data showed. Meanwhile, the FOB Singapore jet fuel/kerosene cash differential was assessed at a premium of 25 cents/b to Mean of Platts Singapore jet fuel/kerosene assessments May 17, marking the highest cash differential since Feb. 25, 2020 at MOPS plus 27 cents/b.

S Korea s SK Energy to limit Q2 oil product output amid fragile Asian demand - Top Chemical News from ChemNet

S Korea s SK Energy to limit Q2 oil product output amid fragile Asian demand http://www.chemnet.com   May 20,2021 S&P Global   Singapore Transportation fuels including gasoline, diesel and jet fuel saw their refining margins improve sharply from 2020 levels amid a pick up in mobility, but South Korea s top refiner SK Energy plans to maintain a conservative approach in middle distillate production as the outlook for Asia s fuel demand remains fragile.   The FOB Singapore 92 RON gasoline crack against front-month ICE Brent crude futures averaged $5.25/b to date in 2021, a sharp improvement from 2020 average of crack spread of $1.75/b, S&P Global Platts data showed. Meanwhile, the FOB Singapore jet fuel/kerosene cash differential was assessed at a premium of 25 cents/b to Mean of Platts Singapore jet fuel/kerosene assessments May 17, marking the highest cash differential since Feb. 25, 2020 at MOPS plus 27 cents/b.The improved Asian middle distillate cracks and prices

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