Fuel Oil News

Crude and European product prices clawed back the week's earlier losses helped by lower US crude and distillate stocks...

Gasoline stocks were marked 0.6% higher on the week at 11.6 million barrels and are running 8% ahead of where they were a year ago...

Crude oil futures were higher as benchmarks recovered from the week's lows ahead of the US rate decision...

Saudi Arabia's crude production remained constrained in October due to sustained OPEC+ output cuts, with falling refinery intake weighing on...

China's refinery output fell to its lowest since February 2023 last month as weak downstream demand at home and abroad led refiners...

Middle East crude markets steadied Wednesday ahead of the US interest rate decision, while gasoline and middle distillate margins...

Another big build in residual stocks in Fujairah last week lifted refined product inventories to their highest levels since mid-September...

Crude oil futures Tuesday were drifting lower for a second session, after struggling to gain a foothold amid sluggish...

Another Russian fuel tanker ran into trouble in the Black Sea Tuesday, adding to fears of more oil being spilled just a few days after two...

Crude and product prices were lower Tuesday as concerns over Chinese oil demand weighed on the outlook, ahead of an expected US rate cut...

Marine fuel sales in Fujairah fell 5% over the month in November to reach their lowest levels in over a year as demand remained constrained by...

Middle East crude markets rowed back Tuesday following the broader risk-off trend, while the bearish pressure piled higher in...

Panama's bunker fuel sales pulled back in November from October's five year highs as monthly figures from the Panama...

European states are tightening enforcement of sanctions on Russia's shadow fleet by demanding stricter proof of insurance, targeting...

Crude oil futures Monday were slightly lower as sluggish sales data from China derailed the previous week's upward momentum...

Crude eased Monday as mixed Chinese data weighed on the outlook, while European product prices also inched lower...

Middle East crude opened the week higher with markets catching up following the Brent gains after Asia had closed on Friday, putting a...

Marine fuel sales in November at Singapore, the world's largest ship refuelling hub, fell to 4.46 million mt in November, an 8.5% drop...

Two Russian tankers broke apart in a violent Black Sea storm on 15 December, spilling thousands of tonnes of fuel oil near the Kerch Strait...

Libya's National Oil Corp. (NOC) declared force majeure at its Zawiya refinery on Sunday after armed clashes damaged storage tanks...