Americas Fuel Oil News

26 Sep 2024
Asian oil markets tumbled Thursday following a UK newspaper report that Saudi was set to ramp up crude production for 2025, a move that...
26 Sep 2024
Saudi Arabia is set to start increasing oil output from December after sidelining its nominal price target, according to a report in...
25 Sep 2024
Brent futures Wednesday rowed back from highs of around the $75/b mark, after the initial boost from China's stimulus package ran its course...
25 Sep 2024
Middle East crude markets edged up Wednesday as geopolitical tensions and China's stimulus package helped to consolidate gains...
24 Sep 2024
Crude oil futures Tuesday were climbing higher, underpinned by the escalation in Middle East hostilities and the latest stimulus package...
24 Sep 2024
Middle East crude markets moved higher Tuesday on geopolitical tensions and China's stimulus package, while naphtha timespread pointed to a...
24 Sep 2024
Bank of America (BAML) delivered a fresh warning to oil traders, citing the risk of overexposure to short Brent positioning amid an impending...
23 Sep 2024
Crude oil futures Monday were little changed after consolidating the previous-week's solid gains of 4-5%...
23 Sep 2024
Middle East crude opened the week steady as global oil markets largely consolidated gains after last week's Fed rate cut, while weakness...
20 Sep 2024
Crude oil futures Friday were little changed, heading for a rare consecutive weekly gain as markets looked to have finally halted...
20 Sep 2024
The rebound in Asian crude prices came to a halt with the uplift from the Federal Reserve 50bp rate cut now largely priced in, while the refined...
19 Sep 2024
Crude oil futures Thursday were climbing higher, despite the initial muted reaction to the Federal Reserve's much-heralded...
19 Sep 2024
East of Suez crude prices climbed higher Thursday following the global trend, while the recovery in gasoline persisted as cracks touched a...
18 Sep 2024
Crude oil futures were slightly lower Wednesday as investors gave a muted reaction after the US Federal Reserve announced a 50bps cut....
18 Sep 2024
US inventories of middle distillates remained relatively flat on the week, latest weekly data from the Energy Information Administration...
18 Sep 2024
East of Suez crude prices nudged higher on Wednesday and largely tracked moves in Brent, while gasoil found buying interest after...
17 Sep 2024
Crude oil futures Tuesday were moving higher after benchmarks initially consolidated early-week gains on hopes that the US Fed...
17 Sep 2024
East of Suez crude prices edged higher Tuesday although Asian markets were largely following western benchmarks ahead of the US rate...
16 Sep 2024
rude oil futures Monday were climbing higher, as benchmarks rebounded after Friday's late sell-off had erased...
16 Sep 2024
Rising water levels and easing sailing restrictions on the Panama Canal helped push demand for bunker sales in Panama to its highest level...
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