Asian middle distillate markets were poised to remain steady in the Aug. 23 27
trading week as reduced supply provided price support for the gasoil sector
while strong buying interest from the West se
Jet fuel hedging is making a sustained comeback for the first time since Q2
2020, with activities seen gaining momentum in the futures exchange. But Asia’s
jet fuel market -- the most severely affecte
Asian middle distillate markets are likely to remain supported during the Oct.
18 22 trading week as tight supply continues to lift sentiment for gasoil and
jet fuel/kerosene.
Asian middle distillates are likely to remain supported into the Nov. 8 12
trading week on the back of good demand and limited supply, which have shored up
prices for both gasoil and jet fuel/kerosene
Global airline passenger capacity is expected to fall 8.1% on the month in
February, and would still be 24.2% below prepandemic levels in 2019, flight and
data analytics company OAG said in its latest
A strengthening front month gasoil Exchange of Futures for Swaps, or EFS, spread has closed arbitrage lanes to send gasoil from East to West, pressuring the prompt Asian market as cargoes get trapped