Fuel Oil News
23 Oct 2024
Crude oil futures Wednesday were in retreat, but managed to hold on to most of the back-to-back daily increases of 2%...
23 Oct 2024
Argentina's road fuel demand fell to its lowest level in over three years last month as a big drop in diesel demand was joined by lower...
23 Oct 2024
High sulphur fuel oil (HSFO) ARA barge cracks turned positive again on Tuesday, shooting more than $4/b higher versus Brent...
23 Oct 2024
Middle distillate availability dropped in Fujairah last week to offset smaller builds in light end and fuel oil inventories in the week to 22...
23 Oct 2024
Brokerage BGC has bought rival OTC, the owner of Oil Brokerage, in a deal that has seen the wave of deals between cash-rich brokerages in the...
23 Oct 2024
Japan's refined oil product stockpile continued to swell last week amid poor demand despite refinery runs falling 3% on the week...
22 Oct 2024
Crude oil futures were higher, having overturned earlier losses as focus stayed on the Middle East...
22 Oct 2024
Benchmark crude oil prices rose 3% Tuesday on escalating tensions in the Middle East, while diesel cracks rebounded from recent lows...
22 Oct 2024
Australian refiner Viva Energy has asked for state support as cracks have come under pressure, with the company seeing a...
22 Oct 2024
A fire at Socar's 120,000 bpd Baku refinery has been extinguished after breaking out earlier in the day, according to local media reports...
22 Oct 2024
Southeast Asia's oil demand will grow 50% by the middle of the century, with higher personal transport use in a richer and more...
22 Oct 2024
Tight nearby availability of high sulfur fuel oil in Southeast Asia has seen paper cracks bid up again during Tuesday's trading session...
22 Oct 2024
East of Suez crude markets were little changed Tuesday as markets looked for direction, while there was firm bidding on show in the...
22 Oct 2024
Egypt is set to extend its LNG cargo buying spree into the first quarter of 2025 as the North African country continues to...
22 Oct 2024
China's diesel output leapt higher in September against the backdrop of a seasonal rise in demand as agricultural harvest and fishing...
21 Oct 2024
Crude oil futures opened the week slightly firmer as benchmarks recovered following last week's partial unwinding of the geopolitical premium...
21 Oct 2024
Benchmark crude oil prices rebounded Monday as escalations in the Middle East conflict compounded with expectations of imminent Israeli retaliation...
21 Oct 2024
Saudi Aramco remains optimistic in its outlook on China's oil demand, CEO Amin Nasser said Monday, with hopes that the government's recent...
21 Oct 2024
Vitol's Asia CEO Mike Muller will retire in 2025, handing over the reins to Kieran Gallagher, Managing Director of Vitol Bahrain...
21 Oct 2024
Middle East crude opened the week slightly lower as markets caught up following the Brent retreat after Asia had closed on Friday, while East...