Fuel Oil News

Brent crude futures were recovering in early afternoon in Europe Thursday after filings for jobless benefits in the US fell for the first time in four weeks...

Middle East crude oil tumbled by around 4% Thursday as Asia played catch-up with 24hrs of...

Residual fuel reserves in Singapore posted a 2-million-barrel gain over the week as restocking ahead of the northern...

Brent tumbled after Putin promised to boost natural gas supplies from Russia, overshadowing reactions from the weekly US oil statistics...

Crude oil futures in European trading hours Wednesday reversed earlier gains on a broader market sell-off that included equities, although oil prices remain closes...

US commercial crude stocks gained 2.35 million barrels last week to 420.89 million barrels, while gasoline inventories grew...

Worthy of note is that the regrade has widened, indicating it is European demand for diesel that remains the driver behind the Asian jet complex amid eye-wateringly high gas prices...

The price of 380 cst bunker fuel in Singapore came within touching distance of the $500/mt mark on Wednesday for the...

Gasoline stocks in Japan saw a large drawdown last week, while gasoline exports grew 139% as spot prices increase and margins for...

Oil product storage at the UAE hub of Fujairah was up last week after a big residual fuel restocking campaign, although overall...

Low Sulfur Gasoil futures surged higher Tuesday, outstripping gains in Brent which itself rallied past $83/b...

Brent crude oil futures Tuesday surged to fresh three-year  highs, underpinned by the OPEC+ decision to stick with gradual...

The spot spread between 0.5% marine and high sulfur fuel oil, known as the Hi5, crunched sharply lower...

Freight costs for transporting oil products in ARA have risen again Tuesday amid a scarcity of available barges...

Middle East crude prices surged to fresh three-year highs Tuesday following the OPEC+ decision...

Brent crude futures pushed towards 3-year highs for the Monday, after OPEC ignored calls for more supply amid a surge in global...

Operations are expected to fully resume Tuesday after loadings/discharges and bunkering operations were paused...

Crude oil futures in Monday surged to fresh three-year highs as the OPEC+ producer group stuck to its original plan of increasing output by 400,000 bpd in November...

Greenpeace activists blockaded energy major Shell's Rotterdam refinery Monday as part of a campaign to end fossil fuel advertising...

Middle East crude strengthened Monday ahead of the OPEC+ meeting later in the day, while...