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Vietnam may need to export more crude, slash fuel imports as unwanted oil stocks pile up

Vietnam may need to export more crude, slash fuel imports as unwanted oil stocks pile up
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.

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REFINERY NEWS ROUNDUP: Closures remain on the cards in Asia-Pacific | Hellenic Shipping News Worldwide

REFINERY NEWS ROUNDUP: Closures remain on the cards in Asia-Pacific | 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.

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Vietnam's BSR may wait for oil prices to cool before tying up African crude term supply deals

Vietnam's BSR may wait for oil prices to cool before tying up African crude term supply deals
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.

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Vietnam seeks to contain Covid outbreaks in industrial parks housing foreign giants

Authorities are scrambling to contain Covid-19 outbreaks in industrial parks to ensure the operations of manufacturing giants like Samsung, Canon and Foxconn are not affected. - VnExpress International ....

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Premiums for Southeast Asian crudes to slip amid demand-supply imbalance, wide EFS

Singapore
Spot cash premiums for June-loading barrels of Malaysian and Vietnamese crude oil have eased on the month amid demand concerns as COVID-19 cases spike in Asia, ample availability of arbitrage cargoes, and a wide Brent/Dubai EFS, market participants said.
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COVID-19 resurgences in key demand centers in Asia, such as Thailand and India, raised concerns on demand for regional crudes weakening, they said.
There is a potential for further lockdowns in Thailand and India due to COVID-19. Thailand is one of the biggest buyers of regional crude, if the movement restrictions increase, the demand for regional crude will not be good, said a source with a trading house. ....

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