Fuel Oil News

Brent futures were poised to end the day 0.5% higher and WTI 0.8% after trading in positive territory throughout most of the day...

Indonesia would cut its usage of oil in the transport sector to just 20% of energy by 2050 under its latest carbon-cutting plan, representing a significant cut in nominal terms ...

US stocks of commercial crude fell 4.1 million barrels last week to a fresh 18-month low of 435.6...

Middle East crude oil prices were little changed Wednesday but lost further ground to Brent...

Japan's crude throughput increased to a 12-week high of 2.33 million barrels per day (bpd) last week, sending crude stocks to a 4-week low ...

Stocks of fuel oil in the world's third largest bunkering hub of Fujairah fell 4.7% in the week ending 26 July to a three-week low...

Sales of products have improved after the easing of lockdowns, but oil refining margins are not expected to improve in the second half of the year, says the Austrian refining group...

Gasoline rallied for the second day in a row, matching gains in RBOB gasoline, while naphtha backwardation widened further ...

Crude oil futures eased towards the day's lows in late London trade Tuesday, as nagging concerns over the Delta Covid-19 variant weighed on...

A former UK-based oil trader at energy trading house Glencore pleaded guilty in a...

Middle East crude oil prices gained around 2% Tuesday, although they lagged the Brent market, while refined product cracks were mostly weaker...

South Korean refiner S-Oil expects regional refining margins in the third quarter of the year to rebound as demand for fuels ...

Finnish refiner Neste's high margin renewable product sales overcome the impact of the Porvoo refinery maintenance in the second quarter...

Crude throughput in India in June rose marginally on May's figure as the country started to...

Brent recovered from softness in Asia to recover to around Friday's levels by the close Monday, naphtha tight...

Brent crude oil futures bounced between $73.50/b and $74.50/b after US markets opened Monday, following an earlier recovery ...

China's production of road transport fuels hit a 12-month high in June, as well as achieving the best performance vs pre-pandemic ...

Quantum Commodity Intelligence – Middle East crude eased back Monday, largely following Brent, while products……

Iraq has signed a deal to supply fuel oil to Lebanon for its power plants under the deal signed over the weekend in Baghdad...

The world's largest oil trading company pays out millions to senior executives and staff...