Asia Fuel Oil News

Arbitrage economics for high sulfur fuel oil cargoes continued to point towards the West of Suez as supply cuts in Europe and weaker spot...

HSBC has cut annual oil price forecasts for this year and the next, citing increased OPEC+ supply later this year outpacing sluggish demand...

Middle East crude opened the new trading month lower as faltering demand growth offset political tensions in the region, a move that also pulled margins for...

Taiwanese oil refiners in August boosted their diesel exports even as crude throughput fell to a four-month low, according to...

Crude oil futures opened the week on a firmer footing following an escalation in Middle East geopolitics...

Refined oil product sales in Japan rose in August on the back of strong summer appetite with the combined volume hitting a four-month high of...

Middle East crude closed out the final trading day of the quarter slightly higher, but still booked monthly losses of over 6%, while the product side saw...

Crude oil futures in Friday were drifting sideways as traders waited on further confirmation that OPEC kingpin Saudi Arabia and its allies...

Chinese buying of marine fuel kept Asian prices elevated this week and the arb is pulling Europe along with it, while tight HSFO availability...

Asian oil markets edged up Friday after the previous session's slump, with gasoil backwardation firming to levels not seen...

Crude oil futures were sharply lower following a report that Saudi Arabia was set to sideline its alleged $100/b price target...

OPEC+ is likely to go ahead with planned production increases from December, according to a Reuters report...

HSFO prices out into the new year were hit by market talk of Saudi Arabia's determination to bring back heavy crude production in...

Asian oil markets tumbled Thursday following a UK newspaper report that Saudi was set to ramp up crude production for 2025, a move that...

Residual fuel tightness in Singapore worsened last week as stocks for the refinery bottom had one of the sharpest draws this year to the lowest...

Saudi Arabia is set to start increasing oil output from December after sidelining its nominal price target, according to a report in...

et fuel inventories in Japan rebounded last week as local refiners gear up for the upcoming winter travel season to avoid another supply shock...

Brent futures Wednesday rowed back from highs of around the $75/b mark, after the initial boost from China's stimulus package ran its course...

Middle East crude markets edged up Wednesday as geopolitical tensions and China's stimulus package helped to consolidate gains...

Middle distillate stocks at the Middle Eastern product storage hub of Fujairah slumped to levels seen over a year ago last week as fuel oil...