Asia Fuel Oil News
5 May 2023
Crude oil futures Friday were sharply higher but were still heading for steep weekly losses after concerns over the economy...
5 May 2023
Fuel oil markets were caught up in wider turmoil for the energy industry this week, with macroeconomic factors back...
5 May 2023
Middle East benchmark Dubai crude faced another tumultuous week with prices retreating for a third consecutive...
5 May 2023
Middle East crude prices steadied Friday although were still hovering around six-week lows after a third consecutive...
4 May 2023
Crude oil futures Thursday were little changed on hopes that the US rate cycle will be paused...
4 May 2023
Saudi Aramco has reduced Official Selling Prices (OSPs) for June-loading crude to Asia, reflecting the sharp fall in distillate and gasoline cracks...
4 May 2023
Following months of negotiations, India and Russia have suspended efforts to enter into bilateral trade in rupees...
4 May 2023
A little-known Indian trading outfit has become a major global player in shipping Russia crude oil, but its close links to Rosneft may provide...
4 May 2023
Middle East crude prices stumbled to fresh six-week lows although were seen stabilising Thursday, bringing hope...
4 May 2023
Firm demand for fuel oil in Singapore left residual fuel stocks in the city-state slumping 2.44 million barrels over the week...
3 May 2023
Crude oil futures were again sharply lower Wednesday, hitting fresh six-week troughs as expected interest rate hikes in the US and Europe...
3 May 2023
Residual fuel stocks in Fujairah edged higher last week, with a 3% build leaving inventories just shy of 10 million barrels...
3 May 2023
The oil tanker which exploded off the coast of Malaysia earlier this week is set to bring further scrutiny on the so-call 'dark fleet' of tankers...
3 May 2023
Middle East crude tumbled around $5/b Wednesday, catching up with losses on western benchmarks...
2 May 2023
Crude oil futures Tuesday were sharply lower as investors continued to digest bearish data from China released on Sunday, while concerns...
2 May 2023
Refining margins for high sulfur fuel oil in Asia hit fresh highs on Tuesday, jumping almost $2/b...
2 May 2023
Middle East crude opened little changed as markets moved sideways ahead of the US rate decision due this week...
1 May 2023
Crude oil futures in European trading hours Monday were drifting lower following the release of sluggish data from China and ongoing concerns...
28 Apr 2023
Crude oil futures Friday rebounded strongly as markets recovered from monthly lows registered this week...
28 Apr 2023
Fuel oil refining margins proved far more resilient than the rest of the oil products market this week, with refinery...