- Asia Distillates Gasoil cash premiums rise for third straight day
January 24, 2022
Asia's cash premiums for 10 ppm gasoil rose for a third consecutive session on Monday over a supply crunch amid firm industrial demand in the region.
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- Asian prices fall amid Chinese LNG cargo sale tenders
January 21, 2022
Asian spot liquefied natural gas (LNG) prices dropped this week as large Chinese sell tenders signalled that supplies are well-stocked amid continued tepid Asian demand.
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- Oil Markets Run Hot in Asia as Omicron Fades Into Background
January 18, 2022
The physical crude market in Asia is showing further signs of strength, bolstering the outlook for higher futures prices just as global oil benchmark Brent rallies to the highest level in seven years.
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- Iran to build pipeline to move oil products northeast
January 16, 2022
Iran's state-owned refiner NIORDC has signed a €372mn preliminary deal with the privately-owned Bank Mellat to finance the construction of a new 150,000 b/d oil products pipeline to both supply northeast Iran, and possibly also help the ...
- China's annual crude oil imports drop for first time in 20 years
January 14, 2022
China's annual crude oil imports slid 5.4% in 2021, dropping for the first time since 2001, as Beijing clamped down on the refining sector to curb excess domestic fuel production while refiners drew down massive inventories.
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