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Solin Terminal

China

India needs to boost its petchem output to counter China’s dominance, Reliance says

Linh Nguyen -
India needs to increase its petrochemical production capacity to meet local and global demand and contain China’s growing dominance of the sector, a senior...
Energy

Refinery closures present risk for higher gasoline prices on the West Coast

Alexa Laguna -
California is set to lose 17% of its oil refinery capacity over the next 12 months because of two planned refinery closures. If realized,...
Brazil

Oil falls as Trump’s expanded tariffs cloud demand outlook

Linh Nguyen -
Oil prices dropped on Thursday as the latest tariff announcements by U.S. President Donald Trump were perceived by market participants to threaten global economic...
China

Tariffs and trade tensions dominate global shipping in first half of 2025

Monica Germany -
Veson Nautical’s half-year report says a turbulent first six months of 2025 has reverberated across the global shipping industry.London – July 9, 2025: New...
Fuel Bunkering Power

How has U.S. energy use changed since 1776?

Alexa Laguna -
In 2024, the United States consumed about 94 quadrillion British thermal units (quads) of energy, a 1% increase from 2023, according to our Monthly...
Fuel Bunkering Power

US crude oil output hit record in April, EIA data shows

Alexa Laguna -
U.S. crude oil production hit a record 13.47 million barrels-per-day in April, up from 13.45 million bpd in March, according to data released by...
China

Naphtha margin rises, backwardation steady

Linh Nguyen -
Asia’s naphtha refining profit margin gained some ground on Monday after crude oil benchmarks weakened and hopes of a rise in imports from...
China

Asia Distillates: Month-end trading momentum slow; traders eye Aug refiner sales soon

Linh Nguyen -
Asia’s middle distillates’ market activity was mostly muted amid slow trading momentum on the last trading day of June as traders awaited a...
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