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Asian Refiners

Jun 16, 2016 at 15:25 | Source: Reuters
India is a net exporter of diesel - which accounts for about 40 percent of its oil demand - but a jump in imports by state refiners since April helped erode an Asian surplus of the fuel, lifting its regional profit margins to the highest for the year so far at the end of May.
Feb 25, 2016 at 11:18 | Source: PTI
Prices rose the previous day as traders looked past an increase in US commercial crude inventories to a record high to a fall in stocks of refined products like gasoline.
Jan 15, 2016 at 18:40 | Source: Reuters
In 2015, India imported 787,700 barrels per day (bpd) of African oil with the continent accounting for about a fifth of the South Asian nation's overall imports from 16.7 percent a year ago, according to data compiled by Reuters
Dec 10, 2015 at 07:48 | Source: CNBC
US WTI and Brent crude oil prices are trading around seven-year lows, tanking after OPEC last week decided not to cut its 30-million-barrel a day production ceiling to support depressed energy prices.
Oct 10, 2015 at 17:53 | Source: Moneycontrol.com
According to Fitch Ratings, the improved APAC refining margins in 1H15 are not likely to be sustainable, as evident from the correction in 3Q industry gross refining margins (GRM). The rating agency believes that, the industry environment will be challenging with volatile crude-oil prices.
Aug 19, 2015 at 16:51 | Source: Reuters
India has surplus refining capacity, but there has been maintenance at some plants and petrol demand has risen after a cut in diesel subsidies increased the attractiveness of petrol cars.
May 20, 2015 at 13:11 | Source: Reuters
Less complex and older refineries in Asia, however, might be forced to cut run rates or shut, industry executives said at an energy conference.
Apr 26, 2015 at 22:02 | Source: Reuters
Output from the USD 5.2 billion Paradip refinery will compete with rising supplies of fuels from new and expanded plants in the Middle East and China, putting pressure on the profit margins of Asian refiners.
Oct 27, 2014 at 08:27 | Source: Reuters
Forecasts that crude prices will remain weaker-than-expected into next year have also raised the specter of big write-downs on crude and product inventories on year-end earnings reports.
Dec 03, 2013 at 09:32 | Source: Reuters
The fight for the trillion-dollar Asian oil market has ended decades of comfortable dominance for Middle East producers, who faced so little competition that refiners in Asia complained of being charged a premium of a dollar or so per barrel above what buyers in Europe or the Americas paid.
Messages on Asian Refiners »

Wire News

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News Now  

GASOLINE-ASIA-INDIA-CHINA-TAIWAN:New gasoline capacity to crunch Asian refiners' profits

11.22 AM Jun 4th 2012

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Source:Bloomberg - Asian refiners will boost their daily imports of Nigerian crude in June to the highest level in at least 11 months, a survey of seven traders and an analysis of loading programs obtained by Bloomberg News showed. They bought 16 cargoes of Nigerian

11.26 AM May 18th 2012

uppaimappla

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Larsen  

a couple of days back: “Mothballing, capacity delays to lead refinery recovery and upcycle over medium term; Asian refiners key beneficiaries of higher cracks While the market focuses on weak 4QCY11 results of refiners, we believe the global refining cycle is now heading for recovery and upcycle during

3.49 PM Feb 9th 2012

Santosh Nair

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Oil & Gas - Sector  

term; Asian refiners key beneficiaries of higher cracks While the market focuses on weak 4QCY11 results of refiners, we believe the global refining cycle is now heading for recovery and upcycle during 2012E-13E driven by 1) major mothballing of refineries in US/ Europe, 2)delays in new projects, 3) oil

11.38 AM Feb 8th 2012

babboo-q

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Reliance  

those disappointed with GRM have seen nothing, this will continue with a drop in demand and new capacity coming on stream everywhere including in india. the bonanza years of asian refiners has come to an end and affect ril in coming qtrs. petchem margins have clearly proved counter-cyclical theory

10.43 AM Oct 17th 2011

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Commodities  

Source:Business Week - Oil exports from the Organization of Petroleum Exporting Countries will be little changed this month as Asian refiners increase production, according to tanker-

1.53 PM Jun 18th 2012

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Source:Bloomberg - Oil exports from the Organization of Petroleum Exporting Countries will be little changed this month as Asian refiners increase production, according to tanker-

1.34 PM Jun 18th 2012

khakra

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MRPL  

MRPL, India’s largest Iranian oil buyer, plans almost to halve daily imports becoming the latest Asian refiner to cut supplies from Iran as Western sanctions make trade with OPECs second-largest producer difficult

11.51 PM Mar 9th 2012

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