Fuel Oil News
9 Sep 2024
Last week's rout in crude and product futures continued Monday on lingering demand concerns...
9 Sep 2024
Crude oil futures Monday were edging higher with benchmarks rebounding from yearly lows as traders eyed the latest storm threatening the US Gulf coast...
9 Sep 2024
The Hi5 spread reversed its recent rally at the start of the week in Asia, pulling back sharply during the session at high sulfur fuel oil...
9 Sep 2024
The Litvinov refinery in the Czech Republic has reopened after the discovery of a bomb on its property and is expected to return to full...
9 Sep 2024
Middle East crude opened the week lower as markets caught up with the Brent retreat after Asian markets had closed Monday, a move...
9 Sep 2024
A potential hurricane has formed in the Gulf of Mexico and is making its way toward the Texas and Louisiana coasts, with authorities...
6 Sep 2024
Crude prices slumped to fresh lows Friday with the decision by OPEC+ to push back its planned production hikes to the end of the year...
6 Sep 2024
Crude oil futures Friday tumbled to fresh yearly lows after investors largely shrugged off the OPEC+ decision to defer...
6 Sep 2024
Saudi Aramco has reduced the Official Selling Price (OSP) for the flagship Arab Light crude loading in October...
6 Sep 2024
Middle East crude benchmarks extended the summer-long downwards trend as broader macroeconomic concerns outweighed any...
6 Sep 2024
Teamsters Local 283 could extend Detroit strikes to other Marathon refineries as negotiations reach a stalemate between the two parties...
6 Sep 2024
India's refined product demand stalled in August, official data showed Friday, dragged lower by a slump in diesel...
6 Sep 2024
The rally in marine fuel persisted last week amid wider market volatility, with tight supply of blendstock in Singapore driving Asian...
6 Sep 2024
Libyan exports remained barriered this week amid the ongoing political dispute, although tentative agreements between rival factions...
6 Sep 2024
Middle East crude prices were little changed as markets steadied in the second half of the week, while the selloff in gasoline margins and flat...
5 Sep 2024
Crude futures sank to fresh lows Wednesday as the market awaited a decision from OPEC+ over its production cuts...
5 Sep 2024
Crude oil futures were Thursday were cautiously higher on reports that OPEC+ was set to delay planned increases, having tested 16-month lows...
5 Sep 2024
Bullishness around the Asian marine fuel oil market showed little sign of slowing on Thursday, with price indications continuing to push...
5 Sep 2024
OPEC+ has agreed to delay its unwinding of production cuts planned from October by two-months after crude prices this week slumped to their lowest levels of 2024...
5 Sep 2024
Middle East crude prices stabilised at around yearly lows Thursday as markets waited on further news from OPEC+ and Libya, while...