Asia Fuel Oil News

Production of refined products in Malaysia dipped in August from the post-pandemic high the prior month, with output of road...

Crude oil futures Monday extended the previous week's near-5% gains, adding around 3% at one point to hit fresh multi-year highs before...

Pakistan's fuel oil consumption surged to a three-year high of 105,000 bpd in August, as the nation faced higher natural gas prices...

Middle East crude prices ramped up to fresh three-year highs Monday, while firmer distillate and light-ends cracks underpinned...

Lebanon's two largest power plants were shut down over the weekend due to critically-low fuel stocks, while a fire at a gasoline storage tank Monday

Crude futures climbed Friday following the release of a disappointing US jobs report which caused the dollar index to tumble...

Middle East crude oil markets rallied sharply over the week ending October 8, as prices initially ramped up early in the week following the OPEC+ decision...

Middle East crude prices surged near 5% Friday, more than erasing the previous day's losses, while...

Brent crude futures were recovering in early afternoon in Europe Thursday after filings for jobless benefits in the US fell for the first time in four weeks...

Middle East crude oil tumbled by around 4% Thursday as Asia played catch-up with 24hrs of...

Residual fuel reserves in Singapore posted a 2-million-barrel gain over the week as restocking ahead of the northern...

Crude oil futures in European trading hours Wednesday reversed earlier gains on a broader market sell-off that included equities, although oil prices remain closes...

Worthy of note is that the regrade has widened, indicating it is European demand for diesel that remains the driver behind the Asian jet complex amid eye-wateringly high gas prices...

The price of 380 cst bunker fuel in Singapore came within touching distance of the $500/mt mark on Wednesday for the...

Gasoline stocks in Japan saw a large drawdown last week, while gasoline exports grew 139% as spot prices increase and margins for...

Oil product storage at the UAE hub of Fujairah was up last week after a big residual fuel restocking campaign, although overall...

Brent crude oil futures Tuesday surged to fresh three-year  highs, underpinned by the OPEC+ decision to stick with gradual...

The spot spread between 0.5% marine and high sulfur fuel oil, known as the Hi5, crunched sharply lower...

Middle East crude prices surged to fresh three-year highs Tuesday following the OPEC+ decision...

Operations are expected to fully resume Tuesday after loadings/discharges and bunkering operations were paused...