- Asia Naphtha/Gasoline-Naphtha margin flips to premium amid crude volatility
November 02, 2023
Asia’s naphtha market kicked off the month by flipping into premiums amid volatility in crude oil benchmarks, although overall sentiment remained subdued due to tepid demand.
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- Kuwait’s Al Zour refinery woes impact global fuel oil market
November 02, 2023
Kuwait witnessed a sharp decline in its fuel oil exports for the month of October. [Article requires registration]
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- Angolan crude prices slip in flurry of rare public offers
November 01, 2023
A rare flurry of Angolan crude cargoes being offered for sale in the Platts trading window this week has seen the price differentials for key grades falling, another sign of weakness in the physical crude market.
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- Kuwait's October fuel oil exports drop by a third from record in September
October 31, 2023
Kuwait's October fuel oil exports tumbled more than 30% after hitting a record high in September as some supply was diverted to domestic power generation, according to trade sources, analysts and ship-tracking data.
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- Nigeria’s November Crude Load-Out Sees Sizable Overhangs
October 30, 2023
Nigeria is reportedly holding sizable crude overhangs for loadings scheduled for November just as crude premiums to benchmark prices have come down by $1 to $2 a barrel depending on the grade, traders said.
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