- Rising supply from Kuwait, Russia to weigh on Asia fuel oil in 2023
December 21, 2022
Asia is expected to be flooded with more fuel oil supplies in 2023 as Kuwait’s new Al-Zour refinery ramps up output and as Russia diverts record volumes from Europe to the East ahead of sanctions.
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- GLOBAL LNG-Asian spot prices rise on as cold weather boosts demand
December 16, 2022
Asian spot liquefied natural gas (LNG) prices rose this week as a cold snap boosted winter demand and sent some Chinese players back to the market, narrowing the spread with Europe, where gas demand for heating rose above 2021 levels.
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- Egypt burns more heavy fuel oil to free gas for export
December 13, 2022
The amount of carbon-intensive mazut fuel oil Egypt uses in power stations has reached five-year highs as it seeks to maximise the amount of natural gas available for export, data published by the electricity sector's regulator showed.
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- Europe Imports Huge Amounts of Diesel With Russia Sanctions Near
December 13, 2022
Europe is bringing in diesel cargoes from around the world at close to a record pace ahead of the coming ban on shipments from its biggest external supplier.
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- Singapore marine fuel sales hit 22-month high in Nov
December 13, 2022
Marine fuel sales at Singapore jumped to a 22-month high in November, latest official data showed on Tueday, as lower prices lifted buying interest at the world's largest bunkering hub.
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