Gasoil
Refined fuels and oil prices: long positions decline as distillate sales stall price rally
Benchmark oil prices plateau as investors finish repurchasing bearish short positions, impacting refined fuels and U.S. natural gas with declining sales and a short covering rally, respectively.
Singapore's middle distillates inventories cross 10 MMbbl
Singapore's middle distillates inventories surged more than 1MMbbl week on week to more than a three-month high level despite gains in net exports for both jet fuel, kerosene, diesel and gasoil.
UAE's Fujairah January marine bunker sales rise to five-month highs
Marine bunker fuel sales at Fujairah port in the United Arab Emirates recovered to five-month highs in January, latest data showed, in line with stronger refueling demand globally following Red Sea events.
Uganda says it is in talks to import all its oil via Tanzania
Uganda is negotiating with Tanzania to import all of its oil products through Dar es Salaam, which would mean an end to imports via Kenya's Mombasa port.
Asia's gasoil east-west price spread at widest discount in over a year
Asia's gasoil front-month east-west price spread hit its widest discount in more than a year of almost $88 per metric ton on tightness in prompt Europe supply and high freight costs.
Russia's Tuapse oil refinery will not resume operations this month
Rosneft-owned Tuapse oil refinery on the Black Sea will not resume operations this month, at the very least.
Russia's Ust-Luga port continues crude, fuel exports while Novatek terminal shut
The Baltic Sea port of Ust-Luga was exporting crude oil and fuel apart from at Novatek's terminal which remained closed after being damaged by fire.
Singapore's middle distillates stocks at over a year low on robust gasoil net exports
Singapore's middle distillates stocks dipped for the third consecutive week to hit a more-than-one-year low, of under 7 million barrels, due to robust net exports of gasoil/diesel.
- Top Turkish refiner Tupras resumes buying Russian Urals crude 4/16
- U.S. fuel exports to Mexico by land halted by higher scrutiny 4/16
- Tata Steel and MCB save 186 tpy of CO2 with steel transport on biodiesel 4/16
- Fidelis' AtmosClear signs agreement with Microsoft for high-quality carbon removal from project in Louisiana (U.S.) 4/16
- Asian slump, Cyclone Alfred, slash Ampol's refinery margins by half 4/16
- Murmansk could serve as transshipment hub for methanol exports to China 4/16
