SINGAPORE Asian refining margins for jet fuel dropped for a second straight session on Wednesday to their lowest levels in more than eight months, as crude prices firmed and demand for the distillate fuel remained weak.
* Jet fuel profits slump despite strong aviation demand in Asia
SINGAPORE/NEW DELHI India's diesel consumption may rise to a record this year on increasing infrastructure spending by the current government as it tries to hold off challengers in general elections that will be held over April and May.
SINGAPORE, Jan 24 Oil prices declined on
Thursday on lingering concerns that slowing global economic
growth may limit fuel demand and after a surprise build in U.S.
SINGAPORE, Jan 11 U.S. oil prices edged down on
Friday as concerns over economic growth were rekindled after
talks fell short of offering concrete steps to end the Sino-U.S.
trade conflict, although OPEC-led production cuts bolstered
sentiment in crude markets.
SINGAPORE Asian jet fuel is at its widest discount on record for this time of the year as supplies surge, with a relatively warm winter keeping a lid on demand for kerosene, a related heating fuel.
SINGAPORE, Dec 31 Oil prices edged higher on the
last trading day of the year on Monday, taking a cue from firmer
stock markets, but remain on track for the first yearly decline
in three years amid concerns of a supply glut.
* Russian oil output at record-high in December so far
SINGAPORE, Dec 18 U.S. oil prices fell 1 percent
on Tuesday after slipping below $50 a barrel in the previous
session, with reports of a big climb in U.S. inventories and
forecasts of record shale output stoking worries about
SINGAPORE/HANOI Vietnam's jet fuel demand will surge to a record this year as its tourism industry attracts a wave of new visitors and the country's airlines are rapidly expanding.