Fuel Oil News

21 May 2024
Surging high sulfur fuel oil prices in Asia have left the east-west spread at its highest level in two years, with a particularly strong seasonal...
21 May 2024
Crude oil futures in Tuesday were lower for a second session, as focus remained on macroeconomics and the US rate-cutting cycle...
21 May 2024
Demand for marine fuel 0.5% sulfur, high sulfur marine fuel and marine gasoil in Antwerp in the first quarter of the year lifted bunker sales...
21 May 2024
East of Suez crude prices retreated Tuesday although Dubai again fared better than Brent, while regional HSFO bullishness continues...
21 May 2024
Refiners in China reduced throughputs during April amid seasonal maintenance, while fuel oil production took a larger...
20 May 2024
Crude and refined product prices ticked higher in European trade Monday, little moved by news...
20 May 2024
Crude oil futures Monday were slightly down, as confirmation from Iranian state media that President Ebrahim Raisi...
20 May 2024
Saudi Arabia's crude production dipped back below 9 million bpd in March as the country sticks...
20 May 2024
Middle East oil crude markets opened the week slightly higher, with markets catching up with the Brent gains after Asia had closed on Friday...
20 May 2024
The Brent/Dubai cash spread continued to price in negative territory with the inverted value widening to a six-month high heading into the final decade of May...
20 May 2024
Ukrainian drone attacks on Russia's refineries continued over the weekend, with a site in the south of the country damaged in the latest...
20 May 2024
The latest attack on an oil tanker off the coast of Yemen sparked renewed shipping tensions in the region after what has been a relatively quiet...
20 May 2024
China's heavy fuel oil imports spiked to nearly 2.98 million mt or 665,000 bpd in April, reaching the highest level since the pre-Covid era...
17 May 2024
Crude oil futures Friday were little changed as benchmarks held onto modest weekly gains after facing mixed signals over the past...
17 May 2024
ICE gasoil futures rebounded for a second consecutive week after the latest series of Ukrainian drone strikes targeted...
17 May 2024
Residual fuel margins pulled back from their recent highs this week as crude prices stabilised, while the seasonal pull and lower supply...
17 May 2024
Quantum Commodity Intelligence – Asian crude oil prices rebounded strongly Friday as benchmark Dubai hit a six-month high versus Brent, while gasoil cracks...
17 May 2024
French road fuel demand jumped 10% from a year earlier last month, as more working days...
17 May 2024
A fire has broken out at the 240,000 bpd Tuapse refinery in the Krasnodar Krai region on Russia's Black Sea coast after another apparent...
16 May 2024
Crude prices ticked higher for a second day as supportive US inflation data followed on from Wednesday's stock draw...
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