Fujairah April term ex-wharf bunker premiums normalize after brief spike

This post was originally published on this siteEx-wharf marine fuel 0.5%S cargoes for balance-April term contractual supply at the UAE’s bunkering hub of Fujairah have been concluded at premiums in the $3-$8/mt range to benchmark FOB Singapore marine fuel 0.5%S cargo values, following brief spikes to double-digits in the week ended April 14, traders in

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China PDH plants to ramp up rates in April on propylene margins, cheap propane feedstock

This post was originally published on this siteChina’s propane dehydrogenation plants are restoring processing rates to up to 100% of capacity in April as they capitalize on recovering propylene margins following months of losses, prompting higher imports of cheaper propane feedstock, trade sources said. The China petrochemicals market has cheered projections of higher economic activity

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Eid holidays to propel Middle East jet fuel demand, but ample supply to cap price gains

This post was originally published on this siteJet fuel/kerosene consumption in the Middle East is expected to strengthen in the coming weeks as airlines boosted capacity ahead of the Eid al-Fitr holidays anticipating of a significant increase in regional travel demand, but ample supply is likely to cap an upside in prices in the wake

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