Previous close | 72.75 |
Open | 75.23 |
Bid | 0.00 x 0 |
Ask | 0.00 x 0 |
Day's range | 73.60 - 75.39 |
52-week range | 54.72 - 75.39 |
Volume | |
Avg. volume | 55,239 |
Market cap | 171.614B |
Beta (5Y monthly) | 0.79 |
PE ratio (TTM) | 8.36 |
EPS (TTM) | N/A |
Earnings date | N/A |
Forward dividend & yield | 3.39 (4.58%) |
Ex-dividend date | 20 Jun 2024 |
1y target est | N/A |
South Korean diesel shipments to Singapore for March are on track to hit 2-1/2-year highs, with cargoes likely to be stored temporarily or blended in Asia's oil hub in a rare move as traders struggle to find end-users for the fuel, analysts and traders said. Rising supplies from the region's top diesel exporter will add to inventories in Singapore, which hit a 2-1/2-year high last week, capping prices and refiners' margins in Asia, they said, despite expectations of lower exports from Russia following Ukrainian drone attacks on its refineries. South Korean diesel shipments to Singapore are expected to hit 403,000-417,000 metric tons (3 million to 3.11 million barrels) for March loading, the highest since September 2021, extending gains since the start of the year, Kpler and LSEG data showed.
South Korean diesel shipments to Singapore for March are on track to hit 2-1/2-year highs, with cargoes likely to be stored temporarily or blended in Asia's oil hub in a rare move as traders struggle to find end-users for the fuel, analysts and traders said. Rising supplies from the region's top diesel exporter will add to inventories in Singapore, which hit a 2-1/2-year high last week, capping prices and refiners' margins in Asia, they said, despite expectations of lower exports from Russia following Ukrainian drone attacks on its refineries. South Korean diesel shipments to Singapore are expected to hit 403,000-417,000 metric tons (3 million to 3.11 million barrels) for March loading, the highest since September 2021, extending gains since the start of the year, Kpler and LSEG data showed.
Brazil hopes to join the OPEC+ group of oil-producing countries in January after a technical analysis of the charter for cooperation, the country's energy minister said on Thursday, although the nature of Brazil's participation remained unclear. President Luiz Inacio Lula da Silva's office confirmed receiving the invite during his trip to Saudi Arabia, but said he had not formally responded. The president's office and the Mines and Energy Ministry did not say whether Brazil would participate as an OPEC+ observer or as a full participant in the group's shared production quotas.