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Archives

Monthly Archive for: "June, 2022"
0
By admin
In In the News
Posted June 30, 2022

0.5%S marine fuel East-West spread hits all-time high on stronger Asian prices

The spread between Singapore marine fuel 0.5%S cargo and Rotterdam marine fuel 0.5%S barge assessments hit an all-time high of $108/mt on June 30, according to Platts assessments by S&P [...]

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0
By admin
In In the News
Posted June 30, 2022

Crude oil futures recoup losses; macroeconomic weakness weighs

Crude oil futures were higher in mid-morning Asian trade July 1, recouping losses after a steep plunge overnight, though sentiment remained shaky as a raft of data showed further signs of [...]

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0
By admin
In In the News
Posted June 30, 2022

India issues quota for duty-free edible oil purchase to ease domestic prices

India’s government has issued quota for duty-free soybean oil and sunflower oil for importers with a ceiling of maximum 0.2 million mt for each buyer in a bid to check high domestic prices, [...]

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0
By admin
In In the News
Posted June 30, 2022

OPEC+ reaffirms August oil production hike, leaves future output policy undecided

An increasingly stretched OPEC and its allies on June 30 reaffirmed plans for a nominal 648,000 b/d production rise in August, as questions continued to swirl about how much crude oil the group [...]

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0
By admin
In In the News
Posted June 29, 2022

Monsoon rains, European demand set to keep India’s gasoil exports robust

India’s diesel exports in May posted a growth of 15.2% compared with the previous month and are set to rise further, as the arrival of monsoon rains is expected to slow domestic [...]

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0
By admin
In In the News
Posted June 29, 2022

INPEX, two other Japanese companies transport clean ammonia from UAE’s ADNOC

INPEX, IHI Corp and Mitsui O.S.K lines have completed the transport of a clean ammonia cargo to Japan from the UAE, where the commodity was produced by Abu Dhabi National Oil Co. joint venture as [...]

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0
By admin
In In the News
Posted June 29, 2022

Crude oil futures inch higher as investors await OPEC+ meeting outcome

Crude oil futures inched higher in the mid-morning trade in Asia June 30 on the back of investors awaiting the outcome of the OPEC+ meeting taking place later today and the US data showing a [...]

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0
By admin
In In the News
Posted June 29, 2022

Permian Highway Pipeline will move forward with brownfield expansion

Permian Highway Pipeline reached a final investment decision to move forward with a proposed expansion project, Kinder Morgan said June 29, part of a wave of new takeaway capacity projects set to [...]

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0
By admin
In In the News
Posted June 29, 2022

OMV says it is trying to sell Yemen assets as part of oil divestment

Austria’s OMV is in the process of selling its crude and NGL assets in war-torn Yemen because it is trying to reduce its activities in the oil business. “We can confirm that we are in [...]

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0
By admin
In In the News
Posted June 29, 2022

Oil production test looms for OPEC heavyweights Saudi Arabia, UAE

Saudi Arabia and the UAE have starring roles to play in the oil market this summer, as the only producers in the world holding any significant spare output capacity. But much of it is from [...]

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