Fuel Oil News

5 Sep 2024
Rhine River barge rates tumbled from two-month highs on Thursday as water levels are expected to build on this week's gains...
5 Sep 2024
Singapore oil product inventories climbed last week as lower residual fuel cargo arrivals resulted in a sharp drop in exports from storage...
4 Sep 2024
Crude oil futures Wednesday remained under strong downwards pressure, amid concerns over weak economic growth and reports that rival...
4 Sep 2024
Crude futures sank to fresh lows Wednesday as the market awaited a decision from OPEC+ over its production quota...
4 Sep 2024
Middle East crude prices slumped to fresh yearly lows Wednesday amid the broader malaise in oil markets, dragging products lower along with it...
4 Sep 2024
Nearly 300 workers at Marathon Petroleum's 140,000 bpd Detroit refinery downed tools Wednesday in a dispute over a new labour...
4 Sep 2024
Fuel oil stocks in Fujairah slumped back to seasonal lows last week as a draw of almost 1 million barrels was seen across the barrel...
4 Sep 2024
Oil product inventories in Japan inched slightly higher last week thanks to gasoil surplus offsetting an increasingly light end supply tightness as...
3 Sep 2024
Crude oil futures Tuesday were sharply lower as concerns over sluggish demand growth offset events in Libya, while reports of a potential deal...
3 Sep 2024
Brent crude slumped to fresh 2024-lows Tuesday on reports a deal to resume Libyan oil production was close to being agreed...
3 Sep 2024
India's state-owned Oil and Natural Gas Corp. (ONGC) has initiated plans for a multibillion-dollar refinery and petrochemical project in Uttar Pradesh to capture the nation's growing fuel demand....
3 Sep 2024
Middle East crude prices were little changed Tuesday with traders again waiting for confirmation of the planned increase in...
2 Sep 2024
Crude and product prices steadied Monday after last week's late sell-off...
2 Sep 2024
Crude oil futures Monday were consolidating at lower levels after reports indicating OPEC+ would increase output in October...
2 Sep 2024
Spanish demand for jet fuel soared to new heights last month as high tourism rates pushed summer travel closer towards its seasonal peak, continuing to...
2 Sep 2024
Water levels on the Rhine River started to rebound on Monday with levels set to rise faster than initially expected,...
2 Sep 2024
Middle East crude markets opened the new month lower with traders pricing in a likely October hike in OPEC+ output, while in the products...
2 Sep 2024
Brazil's domestic demand for refined oil products continued to rise through the month, gaining 4% from June to touch 2.4 million bpd as...
30 Aug 2024
Brent crude oil futures tumbled on Friday on a report that OPEC was set to push through its Q4 output increases, giving way...
30 Aug 2024
Crude oil futures Friday came under heavy selling pressure following reports that OPEC+ was set to go ahead with planned...
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