All
 

 

Just in:  

You are here: Home»Markets»Energy»Asia

Asia

Archive

Asia Naphtha/Gasoline-Naphtha up; SK Energy to sell term cargoes SINGAPORE: The Asian naphtha crack inched up for the third straight session on Wednesday to reach a near two-week high of $134.70 a tonne as lower refinery run rates in Europe, caused by weak distillates margins, lent support.Refinery run cuts in Europe will affect naphtha exports to Asia, which is structurally short of naphtha.But sellers' concerns over additional supplies in Asia loomed as South Korea's SK Energy was out to sell naphtha mainly for August to December lifting, with the volumes coming from a new condensate splitter starting up in July, traders said.A total of 10 medium-range vessel size cargoes are offered in the term contract, they added, which works out to an average of about 60,000 tonnes a month during the five-month period.Separately, LG Chem was estimated to have bought a total of about 75,000 tonnes of naphtha, or three cargoes, for first-half August delivery to Yeosu and Daesan ...

US oil climbs on oil exports report SINGAPORE: US oil prices climbed in Asian trade Wednesday following a report that the United States, the world's top crude consumer, has lifted a four-decade ban on exports. US benchmark West Texas Intermediate (WTI) for August delivery rose 69 cents to $106.72 in early afternoon trade. It had slipped 14 cents in New York trade. Brent crude for August eased 21 cents to $114.25. The Wall Street Journal reported late Tuesday that Washington has "cleared ...
Taiwan stocks flat; rubber, autos fall TAIPEI: Taiwan stocks were flat in mid-morning trading on Wednesday, broadly in line with other regional bourses as continued tensions in Iraq sent oil prices higher and triggered losses on Wall Street.As of 0201 GMT, the main TAIEX index was down 7.45 points at 9238.75, after rising 0.19 percent in the previous session.Subindexes showing major declines included the rubber index , which dropped 1.74 percent, and autos, which fell 0.92 percent.Electronics and banks were flat.Among ...
Brent crude holds above $114 on Iraq conflict SINGAPORE: Brent crude inched lower on Wednesday, but held close to a nine-month high above $114 a barrel as Sunni insurgents battled government forces for control of Iraq's biggest refinery. The 300,000 barrel per day Baiji complex, 200 km (120 miles) north of Baghdad, has been fought over since last Wednesday with sudden reversals on both sides. But a lack of fresh threats to output from OPEC's second largest oil producer curbed prices. "Markets have ...
Taiwan CPC says 80,000 bpd gasoline-making unit to shut for 7 days SINGAPORE: Taiwan's CPC has shut an 80,000 barrels per day (bpd) gasoline-making unit at its Talin refinery following an outage, its spokesman said on Wednesday. The unit, which was shut on Tuesday, will be down for about seven days and the impact on gasoline and diesel will be minimal as the firm has sufficient stocks, he added. CPC operates a total of three refineries in Taiwan which have a total capacity of 770,000 bpd. The ...
US oil climbs on oil exports report SINGAPORE: US oil prices climbed in Asia Wednesday following a report that the United States, the world's top crude consumer, has lifted a four-decade ban on exports. US benchmark West Texas Intermediate (WTI) for August delivery rose 70 cents to $106.73 in mid-morning trade after jumping nearly a dollar in early trading. It had slipped 14 cents in New York trade. Brent crude for August eased 41 cents to $114.05. The Wall Street Journal reported ...
Middle East crude Oman plunges to 5-month low on weak demand SINGAPORE: DME Oman's premium to Dubai crude fell for the fourth straight session on Tuesday to hit the lowest in five months, depressed by weak demand in Asia.Faced with lacklustre refining margins, Asian refiners are keeping utilisation rates low, reducing demand for August loading barrels.The valuation for competing Murban has likely fallen to parity to its OSP as cargoes were still available for August loading, a trader said, despite purchases by Thai refiners last week ...

 



 
Index Closing Chg%
Arrow DJIA 16,614.81 1.31
Arrow Nasdaq 4,419.48 2.40
Arrow S&P 1,941.28 1.96
Arrow FTSE 6,372.33 1.68
Arrow DAX 8,886.96 1.94
Arrow CAC-40 4,081.24 2.25
Arrow Nikkei 14,804.28 2.03
Arrow H.Seng 23,088.58 0.08
Arrow Sensex 26,575.65 0.55





where to buy

cheap wedding dresses

online - weddingdresstrend.com


Banking Review 2013


Buy new style hair wigs at cheap price on Ishowigs.com

Annual2013/14
Foreign Debt $61.805bn
Per Cap Income $1,386
GDP Growth 4.14%
Average CPI 8.6%
MonthlyAugust
Trade Balance $-2.807 bln
Exports $1.911 bln
Imports $4.718 bln
WeeklyOctober 20, 2014
Reserves $13.436 bln