Fuel Oil News
28 Oct 2024
Benchmark crude oil futures slumped more than 5% Monday as Israel's retaliatory strikes evaded Iran's critical oil infrastructure, while LSGO hit...
28 Oct 2024
Galp announced in its third-quarter earnings call a longer than expected drilling timeline for its four-well Exploration & Appraisal programme in...
28 Oct 2024
Sinopec's profits over the third quarter declined by 52% over the year as lower energy prices met falling output...
28 Oct 2024
China's oil giant PetroChina is shutting down its 410,000 bpd Dalian refinery amid weaker refining margins and is eyeing a new refining...
28 Oct 2024
Middle East oil crude prices were lower after what was deemed a relatively muted strike by Israel against Iran, while the Asian regrade...
25 Oct 2024
Crude and products edged higher Friday as supply concerns returned with escalating Middle East conflict, while LSGO futures firmed to fresh...
25 Oct 2024
Crude oil futures Friday were marginally higher as benchmarks headed for modest weekly gains of...
25 Oct 2024
Energy giants QatarEnergy and ExxonMobil have been granted a three-year extension to construct the joint-venture Golden Pass LNG terminal...
25 Oct 2024
Tight supply has kept the bullish trend running in both of the Asian and European fuel oil markets this week as cracks were on the rise for...
25 Oct 2024
Middle East oil crude prices were lower with markets catching up with the Brent retreat after Asia had closed in the previous session, while diesel in Asia is...
25 Oct 2024
Italian oil product demand ticked higher over the month of September, led by diesel and LPG, which offset a drop...
24 Oct 2024
Benchmark crude futures sunk lower Thursday as easing supply concerns compounded with persisting macroeconomic weakness, while LSGO...
24 Oct 2024
Gasoline held in the ARA rose this week as blenders pulled more volumes into the region to meet higher export demand...
24 Oct 2024
Crude oil futures Thursday were nudging higher, cementing the week's gains as geopolitical tensions continued to underpin...
24 Oct 2024
East of Suez crude markets extended the week's firmer tone as benchmark Dubai posted the highest price since mid-month, while...
24 Oct 2024
Rotterdam bio-blended marine bunker sales slumped 45% between the second and third quarters this year, amid a confluence of...
24 Oct 2024
The IMF trimmed GDP forecasts in China as macroeconomic weakness continues to grip the nation...
24 Oct 2024
Fuel oil stocks in Singapore soared 12% last week to the highest level last seen this summer as imports continued to grow, more than...
23 Oct 2024
Benchmark crude oil and products retraced gains made earlier this week as EIA data showed a large build in US crude inventories, while the market...
23 Oct 2024
East of Suez crude markets were higher Friday as benchmark Dubai posted the biggest daily gain in three weeks, while the fuel oil market...