Fuel Oil News

Middle East crude opened the week steady as global oil markets largely consolidated gains after last week's Fed rate cut, while weakness...

Crude oil futures Friday were little changed, heading for a rare consecutive weekly gain as markets looked to have finally halted...

Crude and product futures were a touch lower Friday, but still up sharply on the week...

Norwegian oil production exceeded expectations in August at 1.76 million bpd, preliminary monthly production figures from the Norwegian Offshore...

Fuel oil margins firmed through the week as China moved to shut a loophole that has seen HSFO used as a refinery feedstock, with the move...

The rebound in Asian crude prices came to a halt with the uplift from the Federal Reserve 50bp rate cut now largely priced in, while the refined...

Beijing has granted the third allocation of refined oil product export quotas for 2024, issuing 9 million mt to Chinese exporters in a move...

Cargo arrivals of residual fuel in China last month surged as refiners scrambled to clear customs ahead of a major tax policy shift from...

Crude oil futures Thursday were climbing higher, despite the initial muted reaction to the Federal Reserve's much-heralded...

Crude and product prices were sharply higher Thursday, buoyed by hopes that a steep cut in US interest rates...

ARA product stocks were seen up again this week as arrivals pushed diesel to a fresh high, while gasoline rebounded...

Saudi Arabia's crude production rebounded from recent lows in July, but remained capped by the recently extended OPEC+ production agreement...

East of Suez crude prices climbed higher Thursday following the global trend, while the recovery in gasoline persisted as cracks touched a...

Refined oil product inventories in Singapore were steady over the week as residual fuel stocks saw a large build over the week that offset a drop...

Japanese oil refiners continued to ramp up crude runs last week, further easing the domestic jet supply shortage since the summer while...

China's middle distillate output rose in August as refiners increased yield to meet stronger jet fuel demand while gasoline production eased...

Crude oil futures were slightly lower Wednesday as investors gave a muted reaction after the US Federal Reserve announced a 50bps cut....

rent crude inched higher for a third straight session Wednesday, as a bullish EIA report helped consolidate gains ahead...

US inventories of middle distillates remained relatively flat on the week, latest weekly data from the Energy Information Administration...

East of Suez crude prices nudged higher on Wednesday and largely tracked moves in Brent, while gasoil found buying interest after...