Fuel Oil News
30 Nov 2023
Kerosene deliveries in Japan surged in October compared to the previous month as heating demand jumped during...
29 Nov 2023
Crude futures were flat on Wednesday with OPEC+ talks still deadlocked on the eve of an important ministerial meeting...
29 Nov 2023
Crude oil futures Wednesday were around 1% higher on the session amid choppy trading, with the deadline for a deal...
29 Nov 2023
Fund Elliott Investment Management has taken a $1 billion stake in US oil producer and refiner Phillips 66 and is looking to take two board...
29 Nov 2023
Loading delays on the Black Sea continued into a third day with high winds and big waves threatening to persist through the week...
29 Nov 2023
Asian crude prices Wednesday were higher for a second session amid growing optimism that OPEC+ will find a compromise in time for...
29 Nov 2023
A 1.7-million-barrel draw from residual fuel inventories in Fujairah led oil product stocks lower last week as tight supply across Asia due to...
29 Nov 2023
India has resumed purchases of Venezuelan crude after the US last month suspended oil sanctions, with volumes set to pick up next month...
28 Nov 2023
Crude futures climbed Tuesday on hopes an OPEC+ deal would be reached in time for this week's delayed meeting...
28 Nov 2023
Brent crude oil futures Tuesday were cautiously higher, moving back above the $80/b mark, as traders waited for further news on...
28 Nov 2023
The price of marine fuel in Singapore remained under pressure in Singapore on Tuesday as cargo prices slumped to their lowest levels in four...
28 Nov 2023
Asian crude prices Tuesday were marginally higher but largely tracking Brent with markets waiting for news on OPEC+, while marine fuel prices...
28 Nov 2023
Chinese refiners should pivot towards more sustainable aviation fuel (SAF) development to address oil refining overcapacity...
27 Nov 2023
Crude oil futures Monday were marginally lower as markets remained choppy amid uncertainty around OPEC+ and the group's attempts...
27 Nov 2023
Crude futures fell back towards $80/b on Monday as uncertainty over this week's delayed OPEC+ meeting dragged on...
27 Nov 2023
Sri Lanka has given the go-ahead to a Sinopec plan to invest $4.5 billion to build a refinery in the country, the energy minister said Monday...
27 Nov 2023
Crude throughputs at Mexico's ailing refineries collapsed to a three-year low last month...
27 Nov 2023
Asian crude prices Monday were lower as East-of-Suez markets played catch up with Friday's late Brent retreat, while firming jet fuel prices...
27 Nov 2023
The EU's plans to charge shipping companies for their emissions inside the bloc have been hit with a last-minute challenge, with some members...
27 Nov 2023
Loading of Russian and Kazakh crude oil and products was halted over the weekend after severe storms battered the Black Sea and...