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Oil Markets

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Showing 501-515 of 515
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Sinopec's planned divestment heralds non-state investment in oil sector

24 Feb 2014

Contributed by Lukas

The Chinese oil sector is traditionally controlled by the state but this seems about to change as China's largest refiner, Sinopec, announced plans to...

Low sulfur fuel oil strengthens rapidly on regional outflows and refinery maintenance

12 Feb 2014

Contributed by Lukas

Benno Spencer, senior managing editor Europe and Africa oil and Marko Trtica, fuel oil editor, discuss the recent strength seen in Northwest European ...

US remains main outlet for European gasoil

10 Feb 2014

Contributed by Lukas

Ilana Djelal, associate editorial director, clean products EMEA, and Eline Potié, middle distillates editor, discuss trends and flows in the European...

Asian naphtha demand propels Med-Japan LR2 rate to record high

30 Jan 2014

Contributed by Lukas

Mediterranean-Japan freight rates have shot up over $3 million, the highest in over a year. Wanda Wang, Platts Asia shipping editor, explores how the ...

Asian Aframax rates jump as firm Med market attracts eastern ballasters

27 Jan 2014

Contributed by Lukas

Aframax rates have risen sharply, promptin ships to ballast from the East to the West. Sameer Mohindru, Platts Asia senior editor for shipping and fre...

North Sea crude dented by West African imports, less Asian demand

24 Jan 2014

Contributed by Lukas

The North Sea crude oil market has weakened dramatically as Asian buying interest dries up ahead of refinery maintenance. Platts' Europe and Africa cr...

Hedging prevents airfares from tracking European jet fuel costs

23 Jan 2014

Contributed by Lukas

Andrew Bonnington, editorial director for European and African Oil, discusses why airfares have not fallen in line with jet fuel prices, with Philippe...

Record high dirty tanker rates impact European crude market

22 Jan 2014

Contributed by Lukas

Benno Spencer, senior managing editor, Europe and Africa Oil, John Morley, West of Suez freight editor, and Eklavya Gupte, West African crude editor, ...

Chinese bunker sales drop on low Russian prices and sluggish market

22 Jan 2014

Contributed by Lukas

China's bunker fuel sales were estimated at 10 million mt in 2013, a 10% decrease from 2012. Atsuko Kawasaki, Platts Asia oil editor, examines the rea...

European distillate markets under pressure from rising US, Middle East oil supply

22 Jan 2014

Contributed by Lukas

Olivier Lejeune, team leader for European and African middle distillates, discusses a bearish start to 2014 for diesel, jet fuel and gasoil markets wi...

Libyan crude supply starts returning to market despite continued unrest

16 Jan 2014

Contributed by Lukas

Platts Europe & Africa crude oil team leader Robert Beaman discusses recent developments in Libyan crude exports with Urals and Mediterranean editor P...

Floating storage opportunities emerge amid widening ICE Brent contango

14 Jan 2014

Contributed by Lukas

Robert Beaman, managing editor for European and African crude oil, discusses the widening contango on the ICE Brent Futures structure with crude edito...

European oil storage: Interview with Niels von Hombracht

13 Jan 2014

Contributed by Lukas

Niels von Hombracht, a specialist in the field of the storage and logistics of crude oil, petroleum products and chemicals, discusses with John Kingst...

European vacuum gasoil markets soar on strong US demand and open arbitrage

09 Jan 2014

Contributed by Lukas

Eklavya Gupte, European feedstocks market editor and Chris Vowden, European fuel oil and feedstocks team leader, discuss the recent strength on the Eu...

Chinese oil outlook: Potential room for growth for gasoil

08 Jan 2014

Contributed by Lukas

Despite muted growth in demand in the past year, gasoil is one product to watch in coming months. Song Yen Ling, senior writer for Platts oil and gas ...

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