Asia middle distillates – Key market indicators this week

S&P Global Platts | Sep 14, 2020 at 6:50 AM

The Asian middle distillates market is expected to see some support in the week ahead as the increase in flight capacities by regional airlines is set to ignite some jet fuel demand, while interest to store surplus barrels on floating storage coupled with an uptick in cross-regional flows is poised to shore up sentiment in the gasoil arena.

APPEC: Asian refiners need flexible fuel output, trading strategies amid prolonged demand uncertainty

S&P Global Platts | Sep 14, 2020 at 5:08 AM

As Asian refiners continue to fret over volatile refining margins and fragile oil demand recovery during the coronavirus pandemic, they must adopt a flexible approach to shift their oil product slate and output volumes to best serve the changing market conditions, industry participants said at the S&P Global Platts Asia Pacific Petroleum Virtual Conference in Singapore Sept. 14.

APPEC: Asia still fond of North Sea, S America crudes during fragile oil demand era

S&P Global Platts | Sep 14, 2020 at 2:47 AM

North Sea and Latin American crude oil suppliers are confident that Asia’s firm base requirements would keep their exports to the Far East at healthy levels, despite the region’s volatile product margins and fragile fuel demand during the coronavirus pandemic, industry executives told S&P Global Platts ahead of the 36th Asia Pacific Petroleum Virtual Conference in Singapore over Sept. 14-16.