Americas Fuel Oil News
4 Oct 2024
Oil futures Friday were climbing higher as crude benchmarks extended the week's gains to 10% amid a spike in geopolitical tension and...
4 Oct 2024
East of Suez crude extended the weekly rally to over 8%, catching up with the Brent gains after Asian had closed on Thursday, while also...
3 Oct 2024
Brent crude futures surged past the $77/b mark as investors waited for Israel's next move in the heightened Middle East conflict...
3 Oct 2024
Middle East crude prices eased back but remain close to one-month highs, while a boost to higher light end stocks in Singapore weighed...
2 Oct 2024
Crude oil futures rowed back from the session's one-month highs which followed Iran's missile attack on Israel, but markets remained on edge...
2 Oct 2024
East-of-Suez crude prices soared by more than 6% in response to Iran's missile strikes against Israel, with the sharp rally extending...
1 Oct 2024
Crude oil futures surged higher on the deteriorating geopolitical situation in the Middle East, sparking fears a major expansion in...
1 Oct 2024
TotalEnergies will ink a final investment decision (FID) for the GranMorgu development on Block 58 in Suriname for $10.5 billion, the company...
1 Oct 2024
HSBC has cut annual oil price forecasts for this year and the next, citing increased OPEC+ supply later this year outpacing sluggish demand...
1 Oct 2024
Middle East crude opened the new trading month lower as faltering demand growth offset political tensions in the region, a move that also pulled margins for...
30 Sep 2024
Crude oil futures opened the week on a firmer footing following an escalation in Middle East geopolitics...
30 Sep 2024
Around 45,000 union workers at seaports on the US East and Gulf Coasts are set to down tools having reached an injunction over pay...
30 Sep 2024
Middle East crude closed out the final trading day of the quarter slightly higher, but still booked monthly losses of over 6%, while the product side saw...
27 Sep 2024
Mexico's refined oil product demand retreated from July's two-year highs in August, latest monthly figures from Pemex showed this week...
27 Sep 2024
Crude oil futures in Friday were drifting sideways as traders waited on further confirmation that OPEC kingpin Saudi Arabia and its allies...
27 Sep 2024
Chinese buying of marine fuel kept Asian prices elevated this week and the arb is pulling Europe along with it, while tight HSFO availability...
27 Sep 2024
Asian oil markets edged up Friday after the previous session's slump, with gasoil backwardation firming to levels not seen...
27 Sep 2024
Operators in the Gulf of Mexico have started to restore some oil production after Hurricane Helene took the more easterly route...
26 Sep 2024
Crude oil futures were sharply lower following a report that Saudi Arabia was set to sideline its alleged $100/b price target...
26 Sep 2024
OPEC+ is likely to go ahead with planned production increases from December, according to a Reuters report...