Asia’s gasoline refining profit margin rose on Wednesday after a flurry of deals for the benchmark-grade of the fuel lifted demand sentiment. The crack (GL92-SIN-CRK) rose to $11.35 per barrel over Brent crude, compared with $10.46 a day earlier. At the window, energy trader Total snapped up...
https://www.hellenicshippingnews.com/asian-gasoline-crack-gains-naphtha-steady/
U.S. natural gas futures climbed about 2% to a two-week high on Wednesday on a drop in output, forecasts for more demand next week than previously expected and an outlook calling for hotter-than-normal weather this summer that should boost the amount of gas power generators burn to keep air...
Dutch and British wholesale gas prices were little changed on Tuesday morning as warmer weather lowered demand and helped to offset weaker supply from Norway owing to maintenance at the Troll gas field. The benchmark Dutch front-month contract at the TTF hub (TRNLTTFMc1) was down 0.31 euros at...
https://www.hellenicshippingnews.com/prices-steady-as-weaker-demand-offsets-norwegian-supply-cuts/
Asia’s imports of liquefied natural gas stagnated in May while Europe’s continued to ease as demand in both of the world’s top-importing regions entered the seasonal slump between winter and summer peaks. Imports of the super-chilled fuel to Asia are on track to reach 22.53 million metric tons in...
https://www.hellenicshippingnews.com/soft-china-dampens-asia-lng-demand-while-europes-imports-ease/
Malaysia’s Petroliam Nasional, or Petronas, aims to expand its liquefied natural gas sales into markets such as China and Vietnam while also looking to secure more long-term supply from North America and emerging markets, said a company executive. “As part of our strategic growth plans, Petronas is...
Dutch wholesale gas prices rose on Monday morning, supported by an extension in Norwegian outages and a delay in U.S. tariffs on European goods, although activity was muted due to holidays in Britain and the United States. The benchmark Dutch front-month contract at the TTF hub (TFMBMc1) was up...
https://www.hellenicshippingnews.com/dutch-prices-gain-on-norway-outage-extension-tariff-delay/
U.S. natural gas futures eased about 1% on Thursday on a smaller-than-expected decline in output in recent days and forecasts for less gas demand this week than previously expected. Gas futures for June delivery on the New York Mercantile Exchange fell 3.1 cents, or 1.0%, to $3.222 per million...
Asia’s gasoline refining profit margin extended gains on Thursday despite a rise in U.S. and Singapore inventories. The crack rose to $11.15 per barrel over Brent crude, compared with $9.35 a day earlier. At the window, energy trader Unipec bought 50,000 barrels of the higher 95-octane grade of the...
https://www.hellenicshippingnews.com/gasoline-crack-gains-despite-rising-stocks/
Austria’s central gas hub has registered increased trading volumes on its platform this year, overcoming fallout from the halt to Russian gas flows through Ukraine, Chief Executive Gottfried Steiner said. The virtual Central European Gas Hub (CEGH), built around the Baumgarten distribution and...
Asia’s gasoline margin rose on Wednesday after a flurry of trades at the window for benchmark- and higher 95-octane grade of the fuel surfaced. The crack rose to $9.35 per barrel over Brent crude, compared with $8.98 per barrel. Price for 92-octane grade of gasoline rose by about $1. Limitations on...
https://www.hellenicshippingnews.com/gasoline-margin-gains-worries-on-indonesia-imports-linger/