Asia’s diesel backwardation firmed on Thursday after easing in the previous session, as prompt supply remained tight in the region, while margins clung to recent strength. The crack for benchmark 10ppm sulphur gasoil closed at a premium near $25.75 a …

… Source: Pixabay ASIA: The major Asian stock markets had a negative … 25,492.30 The major Asian currency markets had a mixed … -1.00% to 1.9413 • Heating oil decreased 0.0132 USD… around 15:54 EST. BONDS: Japan 1.6790% (-0.45bp), US …

… Looking ahead, highlights include Japanese Machinery Orders, Australian Jobs … about rare earths with China. Chinese Foreign Ministry … rise this winter while heating oil use falls. Russian Deputy … counter drones. ASIA-PAC NOTABLE HEADLINES China's …

Follow the crack because it is raising serious questions about the perception of an oil glut. Winter is making an early appearance driving the diesel crack spread above $43.00 taking out the December 2022 high and has a clear technical shot to keep driving …

… “Trump” making veiled threats to China over Taiwan. It is a bluff … there was a meeting between Asian secret society and Western white … There was also a North Korean representative at this meeting who … stock up on gasoline and heating oil. There is also a war …

Oil prices edged higher in Asian trading hours on Wednesday, … between the U.S. and Japan, announced Tuesday by President Trump … .S. economy. In return, Japan will expand market access for … distillate stocks—covering diesel and heating oil—rose by 3.48 million …

Wednesday, July 2, 2025 1:16 PM EDT Image Source: Unsplash U.S. sanctions on Venezuela are creating interesting dynamics in the global diesel market. We have a diesel dilemma because of tight global supply and strong global demand as US supplies plummet …

President Donald Trump urges congressional leadership to use the "nuclear option" to fund the government, and staffing shortages related to the shutdown lead to delayed flights. President Donald Trump is calling on the Senate to scrap the …

… window, activity remained upbeat with Japanese oil major ENEOS emerging to … of demand for diesel and heating oil, fell in the previous week … unit at its biggest north China refinery at the end of … lowered its July prices for Asian buyers after OPEC+ hiked output …

On Monday, January 6th, U.S. markets closed mixed; the S&P 500 and Nasdaq Composite climbed to over a week’s high, driven by semiconductor gains and optimism about a softer tariff approach under the Trump administration. The Dow edged lower while tech …