Asia Fuel Oil News
13 Jan 2025
Major investment banks estimate the latest US sanctions targeting Russia's energy sector could affect up to 1.7 million bpd of crude...
13 Jan 2025
Middle East crude opened the week over 5% higher as East of Suez markets were given first chance to react to the fresh round...
13 Jan 2025
Ukraine has launched a drone attack on Russia's TANEKO refinery in Tatarstan, according to local media reports, continuing its campaign...
13 Jan 2025
Australia's Viva Energy Group has temporarily shut down its Geelong Refinery after a power outage caused by a lightning storm on 12 January...
13 Jan 2025
Refined oil product exports by Chinese refiners slumped in the final month of 2024 despite a modest rebound in crude oil imports, government data...
10 Jan 2025
Residual fuel prices continued their upward trajectory this week, buoyed by robust crude benchmarks that were not enough to make...
10 Jan 2025
Crude oil futures Friday were sharply higher as markets consolidated a third week of positive returns amid tighter sanctions on...
10 Jan 2025
Thailand's refined oil product deliveries firmed to their highest levels since April in November, with demand in the country drawing in on...
10 Jan 2025
Malaysia's diesel production surged to its highest levels since March 2023 in November, offsetting a drop in gasoline as refinery output...
10 Jan 2025
Middle East crude markets raced to three-month peaks as the early-2025 price rally continued, while gasoil hit fresh five-month highs...
9 Jan 2025
Crude oil futures rebounded from earlier lows on reports that the outgoing Biden administration was set to introduce a fresh round of sanctions...
9 Jan 2025
Middle East crude prices rowed back Thursday, catching up with the Brent retreat after Asia had closed in the previous session, while...
9 Jan 2025
Refined product stocks in Singapore fell during the first week of 2025 as a draw in middle distillate inventories offset a stock build of...
8 Jan 2025
Crude oil futures Wednesday rowed back from earlier three-month highs as bearish EIA inventory report wiped out earlier gains...
8 Jan 2025
Middle East crude prices surged to fresh three-month highs Wednesday on potentially tightening availabilities, while spot gasoil touched...
8 Jan 2025
Fujairah oil product inventories increased by 13.3% in the week to 8 January, climbing by 2.07 million barrels to 17.61 million barrels...
8 Jan 2025
Inventories of jet fuel in Japan fell to a four-month low last week as local refiners prioritised heating oil feedstock output amid falling...
7 Jan 2025
Crude oil futures Tuesday were climbing higher, overturning earlier losses following reports that a key Chinese port is set to ban sanctioned...
7 Jan 2025
Middle East crude prices eased slightly from the three-month highs Tuesday after the rally in benchmarks ran out of steam...
6 Jan 2025
Crude oil futures Monday were marginally higher, as cold blasts in the US and Europe underpinned the firm start to 2025...