Kero-seeing Support
December 13, 2023
While the strength in regrade emerged from robust fundamentals but kero spreads weakened into December as refiners flocked to kero over gasoil.
Asia
Our latest energy derivatives stories from Asia.
Latest News
LPG Traders Unspooked by Panama Canal Restrictions
December 6, 2023
This year, the Panama Canal has been troubled by the lack of rainfall and severe drought, with recorded precipitation for October being the lowest on record since 1950. Water levels in Gatun Lake have continued to decline, and in response
Arb your Enthusiasm – a look into what is happening in gasoil
November 29, 2023
The ICE LS Gasoil cracks have witnessed a slow, steady albeit incredibly choppy rise this past month.
Sky High Speculations in the Kerosene Market
November 13, 2023
The recovery of Asian jet fuel markets has been gradual over recent months, yet recent trends have shown some signs of support. In the context of Asia, China’s role is pivotal as it constituted approximately 20% of the region’s international
Edge Updates
Comfort Zone: Dubai Market Report
March 26, 2024
This fortnight in the Dubai market, we see the market once again tied to ranges.
Broker Trade Ideas – Long Q3 Sing 0.5% Crack
March 22, 2024
The Q3-24 Sing 0.5% Crack has been steadily rising, from the beginning of the year where it was $7.60/bbl up to $11.25/bbl (at the time of writing Mar 22).
Dubai Market Report: Oils Well That Ends Well
March 12, 2024
Following our previous report, OPEC subsequently announced on March 3rd that they would be extending their cuts from the first quarter of 2024 into Q2 2024. This development, despite wide speculations that the cuts would be maintained, was evidently not
All Quiet on the (Middle) Eastern Front
January 2, 2024
Feb Brent/Dubai rose to 97c/bbl on Dec 18, but by Christmas the now prompt month slipped down past 40c/bbl. The early window on Dec 22 saw the Brent/Dubai structure nearly collapse. The market was liquid and we saw a player