Fuel Oil News

Benchmark Dubai eased back slightly from the seven-year highs but broadly the uptrend remained intact...

Japan's production and export of jet fuel bounced back last week amid post-pandemic highs refining margins in Asia, while diesel...

The maritime sector can achieve its stated goals of reducing greeenhouse gas emissions provided regulators apply a $11/mt global carbon price by 2025 rising to $264 by 2050...

Inventories of fuel oil at the Middle East's major refined oil storage hub rose 8% last week to 9.95 million...

Distillate and gasoline cracks slipped from their highs by the European close on Tuesday..

Crude oil futures Tuesday surged to seven-year highs as concerns over supply shortfalls continued to drive prices upwards...

Benchmark Dubai soared to fresh seven-year highs Tuesday, while refined products saw lower cracks at the top...

UAE-based energy company ADNOC said it had activated its business continuity plans on....

The rally in low sulfur gasoil futures outpaced the rise in Brent for the fourth straight session by the European close on Monday...

Russia will increase its export duty on crude oil in February by $1/mt to $47.70/mt as global prices rose through last...

Electricity will have to make up 60% of China's energy use by 2060 if the country is to meet its carbon...

Brent futures in European trading hours Monday were trading close to three-year highs as supply...

Sales of bunker fuel from the Middle Eastern hub of Fujairah fell to their lowest level in three months in...

Benchmark Dubai maintained the strong upwards trend Monday, surging to the highest level since 2014...

The UAE suspects drones were behind the bombing of three oil tanker trucks near Abu Dhabi on Monday...

Brent ended the week rallying by the late afternoon marker to levels last seen in late October amid news of OPEC+ struggling to meet targets...

Crude oil futures Friday were higher, extending the strong gains from this week as supply constraints continue to underpin sentiment...

Oil and dry bulk tanker operators are becoming increasingly involved in the voluntary carbon offset...

Some 25.8 million tonnes of carbon dioxide, equivalent to the emissions of Denmark, would be exempt from the EU's proposed carbon price for shipping...

China's crude oil imports grew 7% in December to a 10-month high as independent refiners took advantage of fresh import...