Fuel Oil News

Crude oil futures continued their weaker trend Monday on fears that the surge in COVID-19 cases across India will dampen demand ...

Oman's third refinery is on schedule to start operations in 2022....

The week started on a bearish note with oil futures dropping on concerns of the Covid-19 pandemic in India...

Middle East crude oil prices retreated for the third successive day Thursday, as rising coronavirus

Essar Oil UK, the owner of 210,000 b/d Stanlow refinery has been thrown a £400m lifeline by the taxman...

Middle East crude rebounds from weekly lows

Oil futures and the European oil product complex ended the week notching small gains...

Crude oil futures soften as demand growth fears return. Brent fares better after Libya declares force majeure

Essar Oil UK, the owner of Stanlow refinery, hopes to clinch further financing by the end of June to strengthen its ...

US refining major and biofuel producer Valero's Q1 refining throughput was down 15% on the year at 2,410 barrels per ...

European oil futures diverged slightly Thursday, and there was a mixed bag of moves in oil products...

Energy major Shell said Wednesday it is to carry out a feasibility study for the use of hydrogen fuel cells in shipping in a first ...

Dubai loses further ground against Brent as EFS soars above $3.50/b.

Worldwide energy use will surpass pre-Covid-19 crisis levels in 2021, but oil demand will trail behind the recovery...

Crude oil futures retreated for a second day as soaring COVID-19 cases in India fueled demand concerns, while...

The Maritime and Port Authority of Singapore (MPA) announced Thursday a S$120 million ($90 million) fund is to be put ...

Brent maintained yesterday's falls Wednesday after a neutral U.S government weekly oil market which saw a bearish 600,000 barrels build...

Brent/Dubai and EFS hit fresh highs as Middle East lags North Sea gains

Brent futures hit 5-week high as force majeure threatens Libyan exports, but growing coronavirus cases seen impacting on the demand recovery.

Libya's state-owned National Oil Corporation (NOC) declared Monday the state of force majeure in the port of Hariga, one of the largest oil ports in the country...