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Indonesia’s July gasoline imports drop to lowest level in 2019 at 1.1 mil mt

2 days ago DieselGasoil Comments Off on Indonesia’s July gasoline imports drop to lowest level in 2019 at 1.1 mil mt
Indonesia took in a total of 1.106 million mt of gasoline in July, a stark fall of 21.4% on the month and the smallest volume year to date, detailed figures from Statistics Indonesia showed this week. Not registered? Receive daily email alerts, subscriber notes & personalize your experience. Register Now The drop had, however, been Read More

US refined product prices jump on Middle East tension

2 days ago DieselGasoil Comments Off on US refined product prices jump on Middle East tension
Houston — US refined product prices — including gasoline, jet fuel, and ULSD — surged Monday as the market digested news of attacks on Saudi Arabia’s oil infrastructure over the weekend. Not registered? Receive daily email alerts, subscriber notes & personalize your experience. Register Now Sources said refined product markets across the US will find Read More

Refinery News Roundup: Turnarounds in Asia-Pacific coming to an end

6 days ago DieselGasoil Comments Off on Refinery News Roundup: Turnarounds in Asia-Pacific coming to an end
London — Mangalore Refinery and Petrochemicals Ltd. has begun to restart its crude distillation unit after fixing damage caused by heavy rain, company officials said. The refinery shut Phase-III process units during the third week of August as a precautionary measure after a landslide caused by heavy rain. Not registered? Receive daily email alerts, subscriber Read More

UAE’s Ruwais upgrade may boost naphtha, middle distillates output: OMV CEO

1 week ago DieselGasoil Comments Off on UAE’s Ruwais upgrade may boost naphtha, middle distillates output: OMV CEO
Abi Dhabi — An upgrade of the Ruwais refinery, Abu Dhabi National Oil Co.’s biggest processing facility, may help boost naphtha and middle distillates output thanks to the introduction of new crudes other than Murban, according to the CEO of OMV, one of three shareholders in ADNOC Refining. Not registered? Receive daily email alerts, subscriber Read More

PDVSA seeks 2.96 million barrels of refined products for September: company report

1 week ago DieselGasoil Comments Off on PDVSA seeks 2.96 million barrels of refined products for September: company report
Caracas, Venezuela — Venezuelan state-owned PDVSA is seeking 2.96 million barrels of refined products and naphtha for September delivery, in order to compensate for low refinery runs and to maintain oil production, according to a company report seen by S&P Global Platts Monday. Not registered? Receive daily email alerts, subscriber notes & personalize your experience. Read More

APPEC: Japan’s Cosmo Oil likely to supply IMO compliant bunker fuels by Oct

1 week ago DieselGasoil Comments Off on APPEC: Japan’s Cosmo Oil likely to supply IMO compliant bunker fuels by Oct
Singapore — Cosmo Oil, Japan’s third largest refiner, will likely be ready to commercially supply 0.5 sulfur compliant bunker fuels by October, ahead of the International Maritime Organization’s low sulfur mandate starting January 1, 2020, Mitsuyasu Kawaguchi, general manager of crude oil and tanker department, supply unit, Cosmo Oil, said Tuesday. Not registered? Receive daily Read More

Asian light ends market prepares for winter; LPG set to rise from 2-year lows

1 week ago DieselGasoil Comments Off on Asian light ends market prepares for winter; LPG set to rise from 2-year lows
The Asian light ends market this week will take on further characteristics inherent to the winter period, with Asian LPG prices set to rise from two-year lows on improving fundamentals while gasoline continues to be pressured by lower US NYMEX RBOB futures. Not registered? Receive daily email alerts, subscriber notes & personalize your experience. Register Read More

Singapore light distillate stocks tip above 11 mil barrels on blendstock inflow

3 weeks ago DieselGasoil Comments Off on Singapore light distillate stocks tip above 11 mil barrels on blendstock inflow
Singapore — Commercial onshore light distillate stocks in Singapore, the region’s largest oil trading hub, rose for the second consecutive week as heavy inflows of blendstocks into the city-state lifted total inventories above the 11-million-barrel mark. Not registered? Receive daily email alerts, subscriber notes & personalize your experience. Register Now Stocks of light distillates increased Read More

Interview: China’s Wanhua Chemical to expand LPG trade operations in Singapore

3 weeks ago DieselGasoil Comments Off on Interview: China’s Wanhua Chemical to expand LPG trade operations in Singapore
Singapore — China’s second biggest LPG importer Wanhua Chemical Group is looking to expand its LPG team in Singapore as the company grows its trading presence in Southeast Asia, with plans for new ethylene projects in China that consume LPG and naphtha as feedstock. Not registered? Receive daily email alerts, subscriber notes & personalize your Read More