Asia Fuel Oil News
18 Dec 2024
Saudi Arabia's crude production remained constrained in October due to sustained OPEC+ output cuts, with falling refinery intake weighing on...
18 Dec 2024
China's refinery output fell to its lowest since February 2023 last month as weak downstream demand at home and abroad led refiners...
18 Dec 2024
Middle East crude markets steadied Wednesday ahead of the US interest rate decision, while gasoline and middle distillate margins...
18 Dec 2024
Another big build in residual stocks in Fujairah last week lifted refined product inventories to their highest levels since mid-September...
17 Dec 2024
Crude oil futures Tuesday were drifting lower for a second session, after struggling to gain a foothold amid sluggish...
17 Dec 2024
Marine fuel sales in Fujairah fell 5% over the month in November to reach their lowest levels in over a year as demand remained constrained by...
17 Dec 2024
Middle East crude markets rowed back Tuesday following the broader risk-off trend, while the bearish pressure piled higher in...
16 Dec 2024
Crude oil futures Monday were slightly lower as sluggish sales data from China derailed the previous week's upward momentum...
16 Dec 2024
Middle East crude opened the week higher with markets catching up following the Brent gains after Asia had closed on Friday, putting a...
16 Dec 2024
Marine fuel sales in November at Singapore, the world's largest ship refuelling hub, fell to 4.46 million mt in November, an 8.5% drop...
13 Dec 2024
Crude oil futures were climbing higher Friday to consolidate the week's moderate gains, underpinned by hopes of a boost from China...
13 Dec 2024
Marine fuel prices continued to come off in Singapore last week amid a persistent supply overhang, a move that has weighed on...
13 Dec 2024
Middle East crude eased slightly on the day but still posted comfortable weekly gains, while gasoline cracks continued to firm to near...
12 Dec 2024
Crude oil futures were steady Thursday, with investors looking for details on Beijing's plans to boost China's stumbling economy via...
12 Dec 2024
The International Energy Agency (IEA) forecasts a global oil surplus of up to 1.4 million bpd in 2025, even as demand rises by 1.1 million...
12 Dec 2024
Thailand's oil demand rose 2% month-on-month in October to 950,000 bpd, government data showed, defying expectations amid...
12 Dec 2024
Middle East crude climbed to monthly highs as sentiment pivoted to the upside, while gasoline margins continued to firm amid tighter...
12 Dec 2024
Refined oil product stocks in Singapore continued to rise last week to the highest level since early September as refiners in...
11 Dec 2024
Crude oil futures were climbing higher on growing expectations of further China stimulus, while speculation on tighter sanctions...
11 Dec 2024
Goldman Sachs expects oil tanker freight rates to decline steadily over the next two years as fleet growth outpaces demand, easing the...