Asia refining margins

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August undefined, 2024

WebDec 8, 2024 · Asia’s refining margins, excluding the impact of inventory gains or losses, may remain at about breakeven level in 2024. We expect a Singapore complex margin of $1 a barrel in 2024, a... WebApr 29, 2024 · Profit margins for complex refineries in Singapore, the bellwether for Asian refiners, tipped over $20 a barrel on Wednesday. ... Asia oil refining margins hit all-time …

Oil Market Report - August 2024 – Analysis - IEA

WebJun 8, 2024 · The Asian gasoline market has strengthened on the back of strong buying interest from Indonesia and Malaysia. Malaysian demand was expected to remain supported by improved mobility following the planned turnaround of the … WebJul 1, 2024 · First, refining margins are above the depths of a year ago but still very low. The recovery has been uneven for refining – gasoline demand has bounced with China and the US leading the way,... tjestenina s povrćem sašina kuhinja

Thai refineries back in play as refining margins return with …

WebJun 7, 2024 · Refining margins for 10 ppm gasoil in Singapore - a benchmark for diesel, jet and heating oil in Asia - ended Tuesday at a record of $56.75 a barrel over Dubai crude, having soared more than... Web2 days ago · Asia’s top oil importers are snapping up spot cargoes after Saudi-led OPEC+ output cuts and higher selling prices rocked the global crude market, leaning in to grab barrels even as refining... WebAug 29, 2024 · Investors invested in refining stocks are likely to continue to reap the benefits as global oil prices and refining margins head north as global refining shortages continue and winters approach. “We reiterate our bullish stance on SE Asia refining margin going into Q4 2024 and 2024. tjestenina s plodovima mora

Refinery margin tracker: Asian margins soften as …

European diesel refining margins at lowest since Russia

Web2 days ago · 4/13/2024. (Reuters) - Benchmark Northwest European diesel refining margins dropped to $17.70 a barrel on Wednesday, their lowest since Feb. 25, 2024, a day after Russia launched its invasion of Ukraine, data showed. Russia was a major supplier of diesel to Europe until the region banned imports of Russian fuel in February 2024. WebFeb 21, 2024 · In the fourth quarter of 2024 Brent crude futures rallied strongly as the market expected, and then got, a deep output cut from OPEC+. However, Asia's refining margins collapsed at the same... tjestenina s piletinom tikvicama i vrhnjemWebJul 26, 2024 · The profit margin at a typical Singapore refinery processing Dubai crude dropped to just 83 cents a barrel on Monday, down 97.3% from the record high of $30.49 … tjestenina s piletinom i vrhnjem

"WebThe IEA Oil Market Report (OMR) is one of the world's most authoritative and timely sources of data, forecasts and analysis on the global oil market – including detailed statistics and commentary on oil supply, demand, inventories, prices and refining activity, as well as oil trade for IEA and selected non-IEA countries. About this report " - Asia refining margins

Asia refining margins

Saudi-Led OPEC+ Cuts Prompt Brisk Buying From Asia Consumers

WebOverall complex refining margins in Asia (Singapore) trended lower in February, declining from $12 at the end of January to $6 in mid-February; then margins stayed in the $5-6 range for the second half of the month. The decrease in Asian refining margins was led by gasoil cracks. European gasoil had been leading global distillate markets ... WebApr 11, 2024 · Rising output to boost global refining margins. The Middle East’s monthly diesel exports to northwest Europe averaged above 1 million tonnes for the first quarter of 2024, up from 785,000 tonnes a month in the final quarter of 2024, according to Refinitiv data. ... Volumes to Asia also reached a new high for March.

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WebApr 12, 2024 · SINGAPORE, April 12 (Reuters) - Asia's 10 ppm sulphur gasoil refining margins declined for the third consecutive day, closing at $15.77 a barrel, as the sell-off for prompt physical parcels continued amid bearish trading sentiment. The prompt-forward spread in the gasoil paper market turned to a ... WebOct 21, 2024 · Global crude and key refined product prices have risen more than 60% in 2024 to multi-year highs. "Refining margins have finally found some ground," said Sri Paravaikkarasu, director of Asia oil ...

WebJun 1, 2024 · Join Our Community. Asian refiners are struggling with a major slump in profit margins because of the resurgence in Covid-19 infections in the region, Bloomberg has … WebJul 26, 2024 · LAUNCESTON: Refining margins in Asia have collapsed in recent weeks, leaving refiners on the precipice of making losses on every barrel of crude oil processed. The question is how will refiners, crude oil producers and consumers respond to this rapid shift in market dynamics.

WebDec 28, 2024 · Refining margins, also known as cracks, for 10 ppm gasoil climbed to $13.24 a barrel over Dubai crude during Asian trading hours, compared with $13.15 per … Web1 day ago · Complex refinery margins in Singapore DUB-SIN-REF, the bellwether for Asian refining margins, have more than halved to $3.17 a barrel - the lowest since October 2024 - from an average of $7.56 in ...

WebApr 29, 2024 · Profit margins for complex refineries in Singapore, the bellwether for Asian refiners, tipped over $20 a barrel on Wednesday. Gasoline, diesel and jet fuel crack spreads all hit fresh record...

WebJul 12, 2024 · In the last three weeks, the benchmark Singapore refining margin more than tripled to US$9.37 a barrel at Thursday’s close of Asian markets, from just US$2.74 per barrel on June 21. Profits for ... tjestenina s piletinom i mozzarellomWebFeb 3, 2024 · New York — Refining margins in Asia are trending lower as coronavirus fears create demand uncertainty, while margins in other regions appear unaffected as planned and unplanned outages cut supply, an analysis from S&P Global Platts showed Monday. Not registered? Receive daily email alerts, subscriber notes & personalize your … tjestenina s povrcem i pancetom iz pecniceWebJul 12, 2024 · In the last three weeks, the benchmark Singapore refining margin more than tripled to US$9.37 a barrel at Thursday’s close of Asian markets, from just US$2.74 per … tjestenina s povrćem