Fuel Oil News

Middle East crude prices rebounded strongly Monday, catching up with the firm Brent gains since the pre-weekend Asia...

Cash premiums for Asian marine fuel cargoes continued to tumble on Monday as a brief spike last week caused...

Nigeria's Dangote Petroleum Refinery will be commissioned on May 22, slashing the reliance of...

Crude oil futures Friday were sharply higher but were still heading for steep weekly losses after concerns over the economy...

Refiner margins for low sulphur gasoil futures rose for a third straight session by the Friday London...

Fuel oil markets were caught up in wider turmoil for the energy industry this week, with macroeconomic factors back...

Portuguese oil refiner Galp reported a 62% increase in Q1 profits but missed analysts' expectations on...

Middle East benchmark Dubai crude faced another tumultuous week with prices retreating for a third consecutive...

Middle East crude prices steadied Friday although were still hovering around six-week lows after a third consecutive...

Crude oil futures Thursday were little changed on hopes that the US rate cycle will be paused...

Crude oil futures gained some ground for the first time this week at the Thursday cash close after the Fed...

Saudi Aramco has reduced Official Selling Prices (OSPs) for June-loading crude to Asia, reflecting the sharp fall in distillate and gasoline cracks...

Refined product stocks in the ARA rebounded from last week's three-month low...

Following months of negotiations, India and Russia have suspended efforts to enter into bilateral trade in rupees...

A little-known Indian trading outfit has become a major global player in shipping Russia crude oil, but its close links to Rosneft may provide...

Kazakhstan will cease rail shipments of oil products to the Russian Black Sea port of Taman...

Middle East crude prices stumbled to fresh six-week lows although were seen stabilising Thursday, bringing hope...

Firm demand for fuel oil in Singapore left residual fuel stocks in the city-state slumping 2.44 million barrels over the week...

Brazil's Petrobras reported a 4.3% fall in oil and gas production in the first quarter and a similar...

Crude oil futures were again sharply lower Wednesday, hitting fresh six-week troughs as expected interest rate hikes in the US and Europe...