Total US exports of coal used for power generation hit 22.5 million tonnes through August, up from 18.3 million in the same period in 2022, according to ship tracking data from Kpler.
China: Iran ramped up crude exports in 2023, with May s outflow hitting a 4-1/2 year high of 1.54 million barrels per day, according to shiptracking data from Kpler.
Asia: The profit margin, or crack, for processing a barrel of Dubai crude at a typical Singapore refinery climbed to $15.05 on Wednesday, the highest since July 5, 2022.
In the blink of eye, a market that had looked well supplied and relaxed was turned into a flighty wreck, with prices jumping higher on only the possibility of unspecified labour action at LNG plants operated by Woodside Energy and Chevron in Western Australia state.
Russia Oil: India is set to increase its import of dirty fuels from Russia after a downturn in crude flows from the country, and refinery maintenance curtailed supply. The country s August import of high-sulphur fuel oil and vacuum gasoil from Russia should double from last month to around 269,000 barrels per day, making it the most since early 2017.