Fuel Oil News

11 Jan 2024
Marine fuel backwardation at the front of the paper curve flattened to its lowest levels since July during trade on Thursday as another week...
11 Jan 2024
An alert issued by the UK Marine Trade Operations (UKMTO) agency Thursday, advising shipping to proceed with around the northeast coast of Oman, took an unusual twist...
11 Jan 2024
Fuel oil stocks were up another 3% in Singapore last week to hit a nine-month high as cargoes loaded to close the marine fuel arb continued...
11 Jan 2024
Asian crude prices were slightly lower Thursday as global oil markets were rocked after the huge builds in US refined product inventories...
11 Jan 2024
Higher middle distillate stocks in Japan led a strong rebound of product stocks across the country despite lower...
10 Jan 2024
Crude oil futures fell in late trade Wednesday after the EIA showed a surprise build in US stocks and another large build in products...
10 Jan 2024
Brent crude futures were dragged lower Wednesday after the latest EIA data revealed a surprise build...
10 Jan 2024
Fuel oil stocks in Fujairah fell by 1.3 million barrels last week to a four-month low as the pull from East Asia and steady bunkering...
10 Jan 2024
East-of-Suez crude prices were higher Wednesday as markets continued to recover from early-month weakness, while gasoil cracks firmed for a fifth...
9 Jan 2024
Crude prices and product cracks recovered Tuesday from a sharp sell-off the previous session...
9 Jan 2024
Crude oil futures Tuesday were higher as markets continued to recover from the previous session's sharp selloff after...
9 Jan 2024
Benchmark Dubai crude prices were lower Tuesday although markets were recovering after the post Saudi-OSP slump, while gasoil margins...
8 Jan 2024
Crude oil futures Monday were sharply lower with markets struggling to hold the gains seen at the back end of last week after Saudi Arabia slashed OSPs...
8 Jan 2024
Product cracks were given a boost Monday by a collapse in crude prices, after Saudi Arabia...
8 Jan 2024
Benchmark Dubai crude prices opened the week little changed as markets digested the latest Saudi OSPs, while gasoil cracks have continued to...
8 Jan 2024
The consumption of refined oil products in India last month jumped to a seven-month high of more than...
5 Jan 2024
Crude futures rebounded on Friday as Middle East tensions returned, helping Brent record a marginal gain
5 Jan 2024
Crude oil futures Friday were climbing higher as benchmarks continued to recover after the previous session's tumble...
5 Jan 2024
Marine fuel prices cracks were lower through the week as the first cargoes were offered out of Al Zour in three months, while high sulfur fuel...
5 Jan 2024
Quantum Commodity Intelligence – Benchmark Dubai crude prices eased back Friday, while gasoline and diesel demand...
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