Asia Fuel Oil News
5 Jul 2024
Crude oil futures Friday were holding at around 10-week highs as broader risk-on sentiment maintained a fourth week of solid gains...
5 Jul 2024
Residual fuel prices continued to rally through the week as seasonal demand was joined by the rise in underlying crude prices, with the market...
5 Jul 2024
Middle East crude markets posted a fourth week of firm gains as benchmark Dubai closed at the highest level since late April...
5 Jul 2024
Shell will take an impairment charge of up to $2 billion after selling its Singapore assets and pausing construction at its Rotterdam...
5 Jul 2024
Benchmark Dubai posted fresh 10-week highs Friday to round off a month of solid gains, a move that weighed on gasoline cracks as they...
4 Jul 2024
Crude oil futures in European hours Thursday were slightly lower as soft economic indicators offset any potential impact from Hurricane Beryl...
4 Jul 2024
Saudi Aramco has cut its Official Selling Price (OSP) for the flagship Arab Light crude loading in August for a second month but further hiked...
4 Jul 2024
Market structure in the Asian high sulfur fuel oil market hit its highest levels since last August during trade on Thursday, with tight...
4 Jul 2024
Middle East oil crude markets were marginally higher Thursday with benchmarks tracking sideways, while in the products market...
4 Jul 2024
A big drop in Singapore's middle distillate stocks last week was offset by bigger builds in light end and fuel oil supply, with inventories rising...
3 Jul 2024
Oil futures Wednesday were edging higher following US data which revealed a sharp drop in crude stockpiles...
3 Jul 2024
The 380 CST east-west spread remained under pressure this week, slipping to lows not seen since April as recent demand destruction-driven...
3 Jul 2024
Middle East oil crude markets were slightly lower with markets catching up with the Brent retreat, while the jet fuel east-west touched its...
3 Jul 2024
Refined product stocks slumped 7% in Fujairah last week, with big draws in the light end and fuel oil saw products in the week to 2 July...
3 Jul 2024
Oil product stocks in Japan continued to fall last week as crude throughput plunged due to refinery outages and weak refining margins while...
2 Jul 2024
Oil futures Tuesday were consolidating the early-week gains as benchmarks traded at around two-month highs before easing slightly...
2 Jul 2024
Japanese oil refiner Idemitsu Kosan's Chiba refinery was hit by a fire on Tuesday, while Taiyo Oil shut operations at its Shikoku...
2 Jul 2024
Middle East crude prices extended the strong upwards trend in place since early June, while strength in the distillate market persisted...
1 Jul 2024
Crude oil futures opened the new month higher, extending the solid gains posted since the first week of June...
1 Jul 2024
Saudi Aramco has awarded contracts totalling more than $25 billion as it launches the next phase of its massive natural gas...