Fuel Oil News

Crude oil futures continued to build on the prior day's 2% gains Thursday when US crude inventories were reported falling again and the Fed gave advanced notice...

The East-West fuel oil arb has continued to grow this month, incentivising residuals barrels to flow away from Europe...

Middle East crude oil prices rallied for the third consecutive day reaching the highest levels since mid-July...

Total global product stocks in Asia's key storage hubs of Fujairah and Singapore fell to the lowest...

Japan's crude oil stocks were drawn down to a 7-month low and again hitting the second-lowest level in data going back to...

India processed almost 595,000 mt of crude per day in August, the lowest level since October last year...

Low Sulfur Gasoil futures rallied more than Brent after the EIA weekly oil statistics revealed another draw in US distillate stocks last week...

Crude oil futures retreated slightly following the release of widely anticipated weekly EIA statistics...

Propane was the stand-out figure in the US weekly oil statistics, drawing 500,000 barrels last week, counter-seasonally...

Commercial crude stocks in the United States fell for the seventh consecutive week, by 3.48 million barrels to 414 million barrels in the week ending September 17, a near 3-year low...

Production of gasoline, jet fuel and fuel oil all hit milestone levels in Brazil in August, despite an overall dip in refined products...

Middle East crude oil prices extended gains Wednesday to move into positive territory for the week...

Stocks of fuel oil at the Middle East's main bunkering hub of Fujairah fell to a 33-month low last week...

The spread between propane and naphtha cargoes in Europe hit a year high Tuesday amid a combination of high natural gas prices...

Vietnam's diesel imports fell 55% month-on-month in August to just 212,393 mt as fresh Covid lockdowns combined with a...

Crude oil futures nudged higher during trade on Tuesday, but failed to claw back all of Monday's...

Vitol Bunkers will extend its services to the European bunker hub of Amsterdam-Rotterdam-Antwerp...

Middle East crude oil largely recovered the previous day's losses Tuesday, gaining around 1% Monday...

An expected surge in the electrification of road transport will lead to a 50% cut in global refining capacity by 2050, causing a shortage of jet fuel, fuel oil and petrochemicals...

Brent prices slipped lower Monday amid a broad market sell off, but there were heavier losses in gasoline...