AGL 39.50 Decreased By ▼ -0.50 (-1.25%)
AIRLINK 131.70 Increased By ▲ 2.64 (2.05%)
BOP 6.81 Increased By ▲ 0.06 (0.89%)
CNERGY 4.73 Increased By ▲ 0.24 (5.35%)
DCL 8.49 Decreased By ▼ -0.06 (-0.7%)
DFML 41.45 Increased By ▲ 0.63 (1.54%)
DGKC 82.15 Increased By ▲ 1.19 (1.47%)
FCCL 33.25 Increased By ▲ 0.48 (1.46%)
FFBL 72.58 Decreased By ▼ -1.85 (-2.49%)
FFL 12.40 Increased By ▲ 0.66 (5.62%)
HUBC 110.74 Increased By ▲ 1.16 (1.06%)
HUMNL 14.40 Increased By ▲ 0.65 (4.73%)
KEL 5.18 Decreased By ▼ -0.13 (-2.45%)
KOSM 7.65 Decreased By ▼ -0.07 (-0.91%)
MLCF 38.85 Increased By ▲ 0.25 (0.65%)
NBP 63.78 Increased By ▲ 0.27 (0.43%)
OGDC 192.51 Decreased By ▼ -2.18 (-1.12%)
PAEL 25.60 Decreased By ▼ -0.11 (-0.43%)
PIBTL 7.37 Decreased By ▼ -0.02 (-0.27%)
PPL 153.85 Decreased By ▼ -1.60 (-1.03%)
PRL 25.85 Increased By ▲ 0.06 (0.23%)
PTC 17.75 Increased By ▲ 0.25 (1.43%)
SEARL 82.10 Increased By ▲ 3.45 (4.39%)
TELE 7.80 Decreased By ▼ -0.06 (-0.76%)
TOMCL 33.49 Decreased By ▼ -0.24 (-0.71%)
TPLP 8.50 Increased By ▲ 0.10 (1.19%)
TREET 16.60 Increased By ▲ 0.33 (2.03%)
TRG 57.49 Decreased By ▼ -0.73 (-1.25%)
UNITY 27.61 Increased By ▲ 0.12 (0.44%)
WTL 1.37 Decreased By ▼ -0.02 (-1.44%)
BR100 10,495 Increased By 50 (0.48%)
BR30 31,202 Increased By 12.3 (0.04%)
KSE100 98,080 Increased By 281.6 (0.29%)
KSE30 30,559 Increased By 78 (0.26%)

SINGAPORE: Asia's jet fuel outright price reached nearly $82 a barrel on Monday, tracking the crude oil price hike.

- This made the current jet fuel price the highest in over three years.

- The high price comes at a time of refinery maintenance in Saudi Arabia and expectations of stronger demand as more people travel due to the upcoming Lunar New Year festive season.

- The 400,000 barrels per day (bpd) Saudi Arabia Total Refining and Petrochemical (SATORP) refinery in Jubail was to carry out maintenance this month.

* TENDERS: Essar Oil sold up to 70,000 tonnes of high speed diesel for Feb. 4-8 loading from Vadinar at premiums of above 80 cents a barrel to Middle East quotes.

- It has an outstanding tender to sell another parcel of up to 70,000 tonnes of the fuel, but this time for Feb. 7-11 loading through a tender that closes on Jan. 16.

- Petron was looking to buy 25,000 barrels of kerosene and up to 95,000 barrels of jet fuel for either Jan. 31 to Feb. 2 loading from South China or Taiwan or for Jan. 29-31 loading from Singapore.

- The purchase would be through a tender that is expected to be awarded on Jan. 19.

- Emirates General Petroleum Corporation (Emarat) was seeking 45,000 tonnes of jet fuel for Feb. 19-20 delivery to Jebel Ali through a tender closing on Jan. 22.

- Offers are to stay valid until Jan. 24.

 

Copyright Reuters, 2018

Comments

Comments are closed.