Asia Pacific and Middle East Refined Oil Products

Asia Pacific and Middle East Refined Oil Products

The Asia Pacific and Middle East Refined Oil Products Guide contains the primary specifications and methodologies for Platts Asia Products assessments. The various
 components of this guide are designed to give Platts subscribers as much information as possible about a wide range of methodology and specification issues
 

Carrying a set with a Flexi tank reduces the cost of transporting

Carrying a set with a Flexi tank reduces the cost of transporting

Carrying a set with a Flexi tank reduces the cost of transporting non-hazardous materials compared to ISO tanks and other methods of transportation such as barrels, IBCs, and tankers. It also allows quick and easy installation to perform operations without the need for highly specialized knowledge. On the other hand, the upper and lower outlet valves offer different loading capabilities. 

Chinese oil was hunted by the Chinese

Chinese oil was hunted by the Chinese

Oil prices fell on Friday as consumer prices in the United States rose more than expected and China took new steps to quarantine COVID-19.

Brent crude fell from $2 to $121.36 a barrel. West Texas Intermediate fell from $1.6 to $120 a barrel.

Oil prices fell with Wall Street stocks following news of accelerating inflation in the United States in May. Gasoline prices have hit record highs and food prices have 

OPEC+ Forced To Reschedule Meeting As Disagreements Persist

OPEC+ Forced To Reschedule Meeting As Disagreements Persist

The OPEC meeting ended on Monday without an agreement among its members regarding the production cuts next year. Instead, the meeting ended with three of its heavyweights—Russia, Saudi Arabia, and the UAE—holding different opinions as to how to handle things going forward.