Asia Fuel Oil News

The US Navy is looking for a commercial oil tanker after a support vessel sailing with the USS Abraham Lincoln aircraft carrier group...

Crude oil futures Tuesday were climbing higher, underpinned by the escalation in Middle East hostilities and the latest stimulus package...

Prospects for the 380 CST high sulfur fuel oil market in Asia turned south this week as Chinese import controls tightened, weighing on...

Middle East crude markets moved higher Tuesday on geopolitical tensions and China's stimulus package, while naphtha timespread pointed to a...

Bank of America (BAML) delivered a fresh warning to oil traders, citing the risk of overexposure to short Brent positioning amid an impending...

Crude oil futures Monday were little changed after consolidating the previous-week's solid gains of 4-5%...

Middle East crude opened the week steady as global oil markets largely consolidated gains after last week's Fed rate cut, while weakness...

Crude oil futures Friday were little changed, heading for a rare consecutive weekly gain as markets looked to have finally halted...

Fuel oil margins firmed through the week as China moved to shut a loophole that has seen HSFO used as a refinery feedstock, with the move...

The rebound in Asian crude prices came to a halt with the uplift from the Federal Reserve 50bp rate cut now largely priced in, while the refined...

Beijing has granted the third allocation of refined oil product export quotas for 2024, issuing 9 million mt to Chinese exporters in a move...

Cargo arrivals of residual fuel in China last month surged as refiners scrambled to clear customs ahead of a major tax policy shift from...

Crude oil futures Thursday were climbing higher, despite the initial muted reaction to the Federal Reserve's much-heralded...

Saudi Arabia's crude production rebounded from recent lows in July, but remained capped by the recently extended OPEC+ production agreement...

East of Suez crude prices climbed higher Thursday following the global trend, while the recovery in gasoline persisted as cracks touched a...

Refined oil product inventories in Singapore were steady over the week as residual fuel stocks saw a large build over the week that offset a drop...

Japanese oil refiners continued to ramp up crude runs last week, further easing the domestic jet supply shortage since the summer while...

China's middle distillate output rose in August as refiners increased yield to meet stronger jet fuel demand while gasoline production eased...

Crude oil futures were slightly lower Wednesday as investors gave a muted reaction after the US Federal Reserve announced a 50bps cut....

East of Suez crude prices nudged higher on Wednesday and largely tracked moves in Brent, while gasoil found buying interest after...