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Another refinery closure in Japan - more to come?
In January 2022, ENEOS announced that Wakayama refinery will be permanently shut by October 2023. The announcement came after the closure of Osaka ...
Asia product markets short-term outlook May 2019
This monthly update incorporates price forecasts and differentials, crude runs, refining margins and product-by-product supply-demand balances now ...
Which Asian refineries will buckle under margin pressure?
The low-margin environment will put the existence of many weak refineries in Asia at risk. Many refineries will run at lower utilisation rates or c...
Why is jet fuel not back to 2019 levels?
Asia accounts for the largest jet fuel market globally, but recovery is lagging in 2023, especially in China. The slowdown in China's economy resul...
Will Asia Pacific see an HVO rush?
In this insight, we explore the opportunities and challenges for HVO in Asia Pacific. • What is HVO and why is it gaining importance? • Many countr...
Will jet demand constrain recovery in refining runs?
With a clear risk to jet demand recovery from the Covid-19 downturn becoming an ever-increasing possibility, the question arises as to how refineri...
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