Asia Fuel Oil News
22 May 2024
Danish bunker and tanker owner Norden has carried out the first 100% biofuel bunkering in Singapore in cooperation with Japanese trading firm...
22 May 2024
Refined product inventories in Fujairah were steady through the week as a big pull on fuel oil barrels from storage offset increases seen...
21 May 2024
Surging high sulfur fuel oil prices in Asia have left the east-west spread at its highest level in two years, with a particularly strong seasonal...
21 May 2024
Crude oil futures in Tuesday were lower for a second session, as focus remained on macroeconomics and the US rate-cutting cycle...
21 May 2024
East of Suez crude prices retreated Tuesday although Dubai again fared better than Brent, while regional HSFO bullishness continues...
21 May 2024
Refiners in China reduced throughputs during April amid seasonal maintenance, while fuel oil production took a larger...
20 May 2024
Crude oil futures Monday were slightly down, as confirmation from Iranian state media that President Ebrahim Raisi...
20 May 2024
Middle East oil crude markets opened the week slightly higher, with markets catching up with the Brent gains after Asia had closed on Friday...
20 May 2024
The Brent/Dubai cash spread continued to price in negative territory with the inverted value widening to a six-month high heading into the final decade of May...
20 May 2024
The latest attack on an oil tanker off the coast of Yemen sparked renewed shipping tensions in the region after what has been a relatively quiet...
20 May 2024
China's heavy fuel oil imports spiked to nearly 2.98 million mt or 665,000 bpd in April, reaching the highest level since the pre-Covid era...
17 May 2024
Crude oil futures Friday were little changed as benchmarks held onto modest weekly gains after facing mixed signals over the past...
17 May 2024
Residual fuel margins pulled back from their recent highs this week as crude prices stabilised, while the seasonal pull and lower supply...
17 May 2024
Quantum Commodity Intelligence – Asian crude oil prices rebounded strongly Friday as benchmark Dubai hit a six-month high versus Brent, while gasoil cracks...
17 May 2024
A fire has broken out at the 240,000 bpd Tuapse refinery in the Krasnodar Krai region on Russia's Black Sea coast after another apparent...
16 May 2024
The gap between Asian and European HSFO prices continued to widen during trade Thursday, with the 380 CST east-west spread hitting its...
16 May 2024
Crude oil futures in Thursday were edging up after consolidating the previous-session's gains, as the latest US inflation report boosted sentiment...
16 May 2024
East of Suez crude prices Thursday were marginally higher but soft refining margins this month have started to feed through into the...
16 May 2024
QatarEnergy has awarded its monthly Al Shaheen tender for July, with premiums retreating from last month's six-month highs as poor refining margins...
16 May 2024
Singapore's refined oil product stocks fell 5% last week as middle distillate inventories saw a big draw, while fuel oil imports pulled back...