Fuel Oil News

Benchmark crude oil futures lost momentum on Tuesday as markets absorbed the impact of tighter sanctions on Russian oil shipments...

Strong demand for gasoline and jet fuel pushed French oil demand slightly higher last year...

The volume of ship-to-ship transfers of sanctioned Russian oil near China could spike in the short term if the two countries were to maintain the trade flow in the...

Outright Middle East crude steadied after consolidating early week-gains Tuesday, which helped put a brake on the recent retreat in...

Spanish refineries recorded their lowest production volumes of the year in November, official figures revealed Tuesday, with gasoil...

Benchmark crude oil futures opened the week sharply higher as US sanctions on Russia and the prolonged cold snap continued to bolster prices...

Crude oil futures opened the week higher as the clampdown on sanctioned oil and US cold snap lifted prices to...

German authorities have secured a Russian-owned Suezmax tanker in the Black Sea carrying nearly 100,000 mt of fuel oil after losing...

Major investment banks estimate the latest US sanctions targeting Russia's energy sector could affect up to 1.7 million bpd of crude...

Middle East crude opened the week over 5% higher as East of Suez markets were given first chance to react to the fresh round...

Ukraine has launched a drone attack on Russia's TANEKO refinery in Tatarstan, according to local media reports, continuing its campaign...

Australia's Viva Energy Group has temporarily shut down its Geelong Refinery after a power outage caused by a lightning storm on 12 January...

Refined oil product exports by Chinese refiners slumped in the final month of 2024 despite a modest rebound in crude oil imports, government data...

Benchmark crude oil futures surged on Friday as investors braced for an increasingly hostile global trade environment following fresh US...

A Panama-flagged tanker carrying 99,000 mt of Russian fuel oil is adrift in the Baltic Sea near Germany's Rügen island after losing power...

Residual fuel prices continued their upward trajectory this week, buoyed by robust crude benchmarks that were not enough to make...

Crude oil futures Friday were sharply higher as markets consolidated a third week of positive returns amid tighter sanctions on...

Thailand's refined oil product deliveries firmed to their highest levels since April in November, with demand in the country drawing in on...

Malaysia's diesel production surged to its highest levels since March 2023 in November, offsetting a drop in gasoline as refinery output...

Middle East crude markets raced to three-month peaks as the early-2025 price rally continued, while gasoil hit fresh five-month highs...