Russia’s seaborne diesel and gasoil exports rose in November on increased fuel production following a reduction in seasonal and unplanned refinery maintenance, LSEG and market sources data show. Offline primary oil refining capacity in November stood at 2.4 million tons from 4.6 million tons in...
Freight News
Russian Dec 1-10 western port oil exports to fall 10% m/m, sources say
Oil loadings from Russia’s western ports over December 1-10 are expected to fall to around 1,72 million bpd, down by some 200,000 barrels per day (bpd) from the same period in November, according to two market sources and Reuters calculations. This is down by 10% on a daily basis from the same...
South Korea’s political conflict poses no risk to oil products supplies to Asia-Oceania customers
South Korea’s political conflict would pose no risk to refiners’ spot and term oil products supply commitments to various customers across Asia and Oceania, though trade unions’ strike could cause minor delays in domestic retail fuel supply network, refining industry sources said. The extreme...
China’s gasoline exports rebound in November before tax changes
China’s gasoline exports are expected to have rebounded in November after refiners dashed to secure higher profits before changes to export tax rebates took effect this month, analysts and traders said. The increase could reduce China’s high products inventories and provide brief support to Chinese...
https://www.hellenicshippingnews.com/chinas-gasoline-exports-rebound-in-november-before-tax-changes/
Russia’s Jan-Nov LNG exports up 5%, data shows
Russia’s January to November exports of liquefied natural gas (LNG) increased by 4.7 % from a year earlier to 29.1 million metric tons with just over half going to Europe, LSEG data showed. Europe took around 14.7 million tons, or 51% of total Russian exports, in the first 11 months of the year....
https://www.hellenicshippingnews.com/russias-jan-nov-lng-exports-up-5-data-shows/
France, Netherlands were top destinations for US LNG in November as flows shift to Europe
France and the Netherlands were the top destinations for US LNG cargoes delivered in November, as shipments shifted toward Europe amid colder weather and ongoing concerns about winter supply risks, an S&P Global Commodity Insights analysis showed Dec. 3. Four of the top five buying nations of US...
Bangladesh’s RPGCL seeks LNG cargoes for Dec-Jan delivery, document shows
Bangladesh’s Rupantarita Prakritik Gas Co Ltd (RPGCL) is seeking three liquefied natural gas (LNG) cargoes for delivery in December and January, a document shows. The company is seeking the cargoes for delivery on Dec. 30-31, and Jan. 4-5 and 9-10. The tender will close on Dec. 8, according to the...
Spain’s crude oil imports from Venezuela at highest level in nearly 20 years
Spain’s crude oil imports from Venezuela so far this year are the highest in almost two decades, according to data released on Wednesday by Cores, an arm of Spain’s energy and environment ministry. In October, Spain imported 151,000 metric tons of crude from Venezuela. So far in 2024, the total is...
Russia’s ultra low-sulphur diesel exports from Primorsk to rise in Dec, traders say
Russia’s exports of ultra low-sulphur diesel (ULSD) from the Baltic Sea port of Primorsk are set to rise by 23.2% in Decemberto 1.4 million metric tons from 1.1 million scheduled for November, two traders said on Tuesday. Diesel exports are increasing on rising fuel production as seasonal...
Russia’s crude oil and LNG shipments to Asia slip slightly in 2024
Asia’s imports of Russian crude oil and liquefied natural gas are set to log small declines this year and while coal had a bigger drop, there’s little evidence that Western sanctions are working well. Russia has come to rely on Asia, the world’s biggest buyer of energy commodities, to soak up...