Asia Fuel Oil News
22 Oct 2024
Australian refiner Viva Energy has asked for state support as cracks have come under pressure, with the company seeing a...
22 Oct 2024
A fire at Socar's 120,000 bpd Baku refinery has been extinguished after breaking out earlier in the day, according to local media reports...
22 Oct 2024
Southeast Asia's oil demand will grow 50% by the middle of the century, with higher personal transport use in a richer and more...
22 Oct 2024
Tight nearby availability of high sulfur fuel oil in Southeast Asia has seen paper cracks bid up again during Tuesday's trading session...
22 Oct 2024
East of Suez crude markets were little changed Tuesday as markets looked for direction, while there was firm bidding on show in the...
22 Oct 2024
Egypt is set to extend its LNG cargo buying spree into the first quarter of 2025 as the North African country continues to...
22 Oct 2024
China's diesel output leapt higher in September against the backdrop of a seasonal rise in demand as agricultural harvest and fishing...
21 Oct 2024
Crude oil futures opened the week slightly firmer as benchmarks recovered following last week's partial unwinding of the geopolitical premium...
21 Oct 2024
Saudi Aramco remains optimistic in its outlook on China's oil demand, CEO Amin Nasser said Monday, with hopes that the government's recent...
21 Oct 2024
Vitol's Asia CEO Mike Muller will retire in 2025, handing over the reins to Kieran Gallagher, Managing Director of Vitol Bahrain...
21 Oct 2024
Middle East crude opened the week slightly lower as markets caught up following the Brent retreat after Asia had closed on Friday, while East...
21 Oct 2024
China's residual fuel imports spiked in September to nearly double last year as local refiners rushed to clear cargoes ahead of a tax revamp...
18 Oct 2024
Crude oil futures Friday were slightly lower and heading for steep weekly losses after an erosion in the geopolitical risk premium...
18 Oct 2024
High sulfur fuel oil fundamentals still looked tight throughout this week on the back of disrupted supply in Europe and a hangover in Asia...
18 Oct 2024
East of Suez crude prices were little changed Friday but still heading for steep weekly losses, while gasoil differentials continued to grow...
17 Oct 2024
Crude oil futures Thursday were tracking sideways for a second session as investors looked for fresh direction...
17 Oct 2024
Saudi Arabia's crude production climbed to a fresh three-month high in August, latest JODI data showed Thursday, with gasoline consumption rising...
17 Oct 2024
East of Suez crude oil prices steadied Thursday and posted the first gain in a week, while middle distillate cash differentials were seen...
17 Oct 2024
Refined oil product inventories in Singapore further slipped last week on large draws of light and middle distillates, overshadowing...
17 Oct 2024
Japan's crude oil throughput rebounded last week to lift inventories of refined products to the highest last seen since January, government data...