Asia Pacific

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Korean Air Lines, South Korea's flagship air carrier, plans to resume operating about 11pc of overseas flights in June after suspending them because of Covid-19. South Korea's flagship carrier is taking its first step towards recovery from an industry collapse that has crippled jet fuel demand.
News ID: 9384    Publish Date : 2020/05/08

US coking coal prices that have already been slow to follow the rally in Australian prices in recent weeks are largely holding steady, despite lower demand in China that is starting to chip away at recent price gains in Asia-Pacific.
News ID: 8680    Publish Date : 2020/03/11

Japanese ferrous scrap suppliers are under pressure to increase exports to counter rising inventories caused by a slowdown in demand ahead of this year's Tokyo Olympics.
News ID: 8287    Publish Date : 2020/01/10

European base oil prices are likely to continue to face sustained pressure from structural oversupply of Group I, Group II and Group III grades. This will probably dampen any upwards price movement in the first half of 2020.
News ID: 8178    Publish Date : 2019/12/31

Light sweet US crude volumes heading to southeast Asia are poised to increase in the coming year amid growing appetite for the grades from smaller refiners in the region, partly to comply with the International Maritime Organisation (IMO) 2020 regulations cutting sulphur in marine fuels.
News ID: 8123    Publish Date : 2019/12/27

Asia-Pacific oil product refining margins fell late in 2019, but tighter supply and a heavy turnaround schedule in the Mideast Gulf may support the market in the first quarter of 2020.
News ID: 8088    Publish Date : 2019/12/24

Asia-Pacific bitumen markets are ending a fairly stable year, as the impact of the US-China trade war and new sulphur regulations are offset by stable consumption in key southeast Asian markets. And demand looks likely to stay firm in 2020, despite potential weakness in the first quarter.
News ID: 8060    Publish Date : 2019/12/23

South Korean shipping firm Korea Line has signed a $307.4mn charter contract to operate two new LNG carriers (LNGCs) for at least seven years on behalf of Shell.
News ID: 8059    Publish Date : 2019/12/23

Several naphtha-based crackers throughout Asia-Pacific are considering cutting their operating rates as margin losses deepen.
News ID: 7983    Publish Date : 2019/12/16

Asia-Pacific styrene monomer (SM) producers are starting to reduce their operating rates after integrated producers endured a month of production losses for the first time since 2014.
News ID: 7380    Publish Date : 2019/11/12

Opec anticipates a global refining surplus of nearly 4mn b/d in 2024, a substantial increase from the excess it flagged a year ago, and it has more than doubled the amount of refinery capacity it expects will close as a result.
News ID: 7231    Publish Date : 2019/11/05

India's private-sector producer Haldia Petrochemicals (HPL) has issued a tender to sell 130,000t of benzene for 2020.
News ID: 7024    Publish Date : 2019/10/30

US export coking coal prices edged down today as negative signals from the steel market and the stalled Asia-Pacific price recovery weighed on negotiations.
News ID: 6880    Publish Date : 2019/10/23

The Asia-Pacific Exchange (Apex) Argus Bunker Index (ABI) futures contract attracted 120 trades on its first day of activity in Singapore today.
News ID: 6731    Publish Date : 2019/10/18

OPEC trimmed its forecast for oil demand growth for the third month in a row on Thursday, citing weaker-than-expected data in the Asia Pacific region as well as advanced economies in the Americas.
News ID: 6633    Publish Date : 2019/10/11

Asia-Pacific light-grade base oil prices held in a narrow range in 2018 as steady demand absorbed growing supplies. Heavy-grade prices were in a much wider range, with values surging in the first quarter of the year before sliding steadily throughout the rest of the year.
News ID: 3104    Publish Date : 2018/12/28

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