The Asian refined products market continues to present opportunities for traders and independent importers. Stable demand for EN590 10 ppm, RON 95 gasoline, and light naphtha is supporting market activity, while charter conditions remain favorable for regional movements.
Traffic Plunge: Maritime intelligence data shows that commercial ship transits have plummeted to roughly 21 to 22 ships per day—an 85% drop from the pre-war average of 140 daily transits.
Traffic Plunge: Maritime intelligence data shows that commercial ship transits have plummeted to roughly 21 to 22 ships per day—an 85% drop from the pre-war average of 140 daily transits.
📈 Trading Outlook Next 2–4 Weeks
Group I
🟢 Stable with moderate export demand.
Group II
🟢 Firm as refiners balance diesel production with lubricant feedstock demand.
Group III
🟢 Bullish due to continued supply tightness and sustained demand for premium lubricant formulations.
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The Middle East remains the undisputed powerhouse of the global petroleum industry.
From crude oil and EN590 10ppm diesel to Group I & II base oils, bitumen, and D2 gas oil, the region continues to supply a significant share of the world’s energy and industrial feedstocks.
The Middle East remains the undisputed powerhouse of the global petroleum industry.
From crude oil and EN590 10ppm diesel to Group I & II base oils, bitumen, and D2 gas oil, the region continues to supply a significant share of the world’s energy and industrial feedstocks.