Bitget App
Trade smarter
Buy cryptoMarketsTradeFuturesEarnSquareMore

News

Stay up to date on the latest crypto trends with our expert, in-depth coverage.

banner
Flash
11:42
Supply surge suppresses Asian oil market, high-sulfur fuel oil premium drops below $9
⑴ On Monday, the Asian high-sulfur fuel oil spot price spread retreated, as a large influx of supply is expected this month and next. The total supply of fuel oil arriving in Asia this month is about 6 million tons, an increase of more than 5% compared to last month. The supply growth mainly comes from the Middle East, including high-sulfur fuel oil shipped from the UAE and ultra-low sulfur fuel oil from Kuwait. ⑵ The spot premium for Singapore 380cst high-sulfur fuel oil fell below $9 per ton, after remaining above $10 throughout this month. Crack spreads also came under pressure, with 380cst high-sulfur fuel oil closing at a discount of about $5.35 per barrel, while ultra-low sulfur fuel oil maintained a premium of nearly $6.25 per barrel. ⑶ Diesel market trading was somewhat subdued, with the 10ppm diesel crack spread remaining flat at around $21.5, and the spot price spread falling to $1.05 per barrel, the lowest level since February 5. The gasoline crack spread held steady near $6, while the naphtha crack spread rose to $90.73 per ton due to weaker crude oil, but sluggish demand limited the upside potential.
11:27
Comstock Metals has recently received official operational approval for its recycling facility from the California Department of Toxic Substances Control (DTSC). This key qualification will significantly enhance its nationwide recycling network and expand its business reach in important markets.
This certification marks a significant breakthrough for the company in the fields of environmental compliance and resource recycling, laying a solid foundation for the subsequent expansion of high-value metal recycling operations in California and surrounding areas.
11:27
Domino's Pizza recently unveiled its strategic outlook, aiming to significantly increase its market share in the U.S. fast-food pizza sector by 2026.
This ambitious plan highlights the company's determination to strengthen its market leadership and accelerate business growth. By continuously optimizing operational efficiency, innovating its product portfolio, and deepening its digital strategy, Domino's is actively preparing for market competition over the next three years.
News