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Kerosene imports increased sharply in April

The major distributors in fuel sector said the fuel supply in the market is plentiful currenly after they re-imported in April. Especially, in the first half of May, fuel imports of major distributors reached 5.209 million tonnes of kerosene, as reported by General Customs Department.

However, fuel dealers said customers are now difficult to buy kerosene from many gas stations because some dealers are not keen on selling kerosene because they see no more actual needs.

In May 25th, afternoon, U.S. WTI crude oil was trading at USD90,6 a barrel, while Brent crude oil was trading at USD106.55 a barrel.

In Singapore, A92 gasoline closed May 24th session at USD112.5 a barrel from USD114.68 a barrel in the previous day and reduced by USD15.68 a barrel compared to the early May, the lowest level since early this year.

Xangdau.net