Fuel Oil News

5 Jun 2024
Crude ended the day slightly lower but capped earlier losses after US crude and product inventories rose less than expected Wednesday..
5 Jun 2024
East of Suez crude prices steadied Wednesday after slumping 5% early in the week after OPEC+ announced it would start unwinding cuts...
5 Jun 2024
Refined product stocks were on the rise again in Fujairah last week, with the 1.2-million-barrel move across the barrel led by a build in...
5 Jun 2024
Japan's oil product stocks rose for the second successive week to the highest point in four months as weak...
4 Jun 2024
Crude oil futures Tuesday were again under pressure following the 3.5% retreat in the previous session after OPEC+ published plans...
4 Jun 2024
Quantum Commodity Intelligence – Crude's sell-off continued Tuesday as soft US data added to the bearish tone following the decision by...
4 Jun 2024
HSFO margins in Asia touched their highest level in 10 months relative to Brent crude during trade on Tuesday, with a series of supply...
4 Jun 2024
Socar will shut Azerbaijan's only refinery for a month of maintenance in November, the company said Tuesday...
4 Jun 2024
Fresh rains have boosted the already-high water levels on the Southern Rhine overnight, likely keeping the current barge sailing...
4 Jun 2024
Benchmark Middle East crude markets slumped almost 5% Tuesday as investors continued to react negatively to the weekend OPEC+...
3 Jun 2024
Crude oil futures Monday were sharply lower as investors shrugged off the OPEC+ extension to current output quotas, instead focusing on...
3 Jun 2024
Crude futures sank Monday after OPEC+ extended its current production quotas until at least October but said...
3 Jun 2024
Abu Dhabi's state-owned oil company has bought tanker shipper Navig8's fleet and operations, paying up to $1.5 billion as it expands its...
3 Jun 2024
Middle East crude prices started the new month marginally lower as the weekend's OPEC+ meeting did little to move the needle either...
31 May 2024
Below is a list of monthly averages for key Quantum refined oil product spot physical assessments
31 May 2024
Crude futures fell Friday to end the week broadly unchanged at around 3.5-month lows...
31 May 2024
Crude oil futures in Friday remained under pressure for much of the session, although reports that the OPEC meeting was being switched...
31 May 2024
Quantum Commodity Intelligence – East of Suez crude prices Friday were lower for a second session although Dubai still managed to post a weekly gains, while...
31 May 2024
The recent drop in high-sulfur fuel oil outflows from the...
31 May 2024
Quantum Commodity Intelligence – Peak spring refinery maintenance season in Japan saw its domestic oil product sales dropping further...
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