Asia Fuel Oil News

10 Sep 2024
OPEC made further downward revisions to their forecast for global oil demand growth in 2024 on Tuesday, marking the cartel's second...
10 Sep 2024
Middle East crude markets were again under pressure Tuesday as Dubai posted fresh 2024 lows, but HSFO backwardation steepened amid...
10 Sep 2024
Malaysia's refined oil product output pulled back hard from June's record highs in July, with the Southeast Asian state seeing production...
9 Sep 2024
Crude oil futures Monday were edging higher with benchmarks rebounding from yearly lows as traders eyed the latest storm threatening the US Gulf coast...
9 Sep 2024
The Hi5 spread reversed its recent rally at the start of the week in Asia, pulling back sharply during the session at high sulfur fuel oil...
9 Sep 2024
Middle East crude opened the week lower as markets caught up with the Brent retreat after Asian markets had closed Monday, a move...
6 Sep 2024
Crude oil futures Friday tumbled to fresh yearly lows after investors largely shrugged off the OPEC+ decision to defer...
6 Sep 2024
Saudi Aramco has reduced the Official Selling Price (OSP) for the flagship Arab Light crude loading in October...
6 Sep 2024
Middle East crude benchmarks extended the summer-long downwards trend as broader macroeconomic concerns outweighed any...
6 Sep 2024
India's refined product demand stalled in August, official data showed Friday, dragged lower by a slump in diesel...
6 Sep 2024
The rally in marine fuel persisted last week amid wider market volatility, with tight supply of blendstock in Singapore driving Asian...
6 Sep 2024
Middle East crude prices were little changed as markets steadied in the second half of the week, while the selloff in gasoline margins and flat...
5 Sep 2024
Crude oil futures were Thursday were cautiously higher on reports that OPEC+ was set to delay planned increases, having tested 16-month lows...
5 Sep 2024
Bullishness around the Asian marine fuel oil market showed little sign of slowing on Thursday, with price indications continuing to push...
5 Sep 2024
Middle East crude prices stabilised at around yearly lows Thursday as markets waited on further news from OPEC+ and Libya, while...
5 Sep 2024
Singapore oil product inventories climbed last week as lower residual fuel cargo arrivals resulted in a sharp drop in exports from storage...
4 Sep 2024
Crude oil futures Wednesday remained under strong downwards pressure, amid concerns over weak economic growth and reports that rival...
4 Sep 2024
Middle East crude prices slumped to fresh yearly lows Wednesday amid the broader malaise in oil markets, dragging products lower along with it...
4 Sep 2024
Fuel oil stocks in Fujairah slumped back to seasonal lows last week as a draw of almost 1 million barrels was seen across the barrel...
4 Sep 2024
Oil product inventories in Japan inched slightly higher last week thanks to gasoil surplus offsetting an increasingly light end supply tightness as...
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