Asian jet fuel refining profits – already at all-time highs – have enough leg room for more gains in the coming weeks, as relaxed border curbs boost summer travel demand and global airline capacity tops 100 million seats for the first time since early 2020. Despite rising fares and fuel surcharges, the number of scheduled .
Asian refining margins for gasoil, which jumped to their strongest levels on record on Monday, may start cooling off as early as next month as refiners ramp up output, while the upcoming monsoon season could dampen demand, traders and analysts said. Refining margins for the benchmark 10 ppm gasoil in Singapore GO10SGCKMc1, which have soared .
By Sonali Paul and Koustav Samanta SINGAPORE (Reuters) -Oil prices climbed on Monday, hitting their highest in more than two months, as traders waited to
By Koustav Samanta and Sonali Paul SINGAPORE (Reuters) -Oil prices rose on Monday, hitting their highest in more than two months, as traders waited to see