Asia Fuel Oil News

16 May 2024
Vietnam's Binh Son Refining and Petrochemical (BSR) has secured financing for an upgrade and expansion plan at...
15 May 2024
Crude oil futures Wednesday were slightly higher after sharp intraday swings, as US inflation figures and oil inventory draws offset the IEA's...
15 May 2024
Bunker fuel demand in Fujairah slipped through April as consumption of low sulfur fuel oil fell, with monthly figures from the Fujairah Oil...
15 May 2024
East of Suez crude prices Wednesday were slightly lower as weak refining margins again weighed on Q3 demand outlook, while an oversupplied...
15 May 2024
A big draw in light end stocks in the Middle Eastern bunkering hub of Fujairah last week saw availability of refined products drop in the...
15 May 2024
Quantum Commodity Intelligence – A growing gasoil inventory level in Japan underpinned by the short-term supply glut in the Asia Pacific region continued to...
14 May 2024
rude oil futures Tuesday were sliding lower as oil markets failed to react to another upbeat demand outlook from OPEC, instead focusing on...
14 May 2024
Demand for bunker fuels in Singapore slumped almost 5% in April as bunker calls at the world's biggest hub fell through the month, with...
14 May 2024
East of Suez crude prices were steady Tuesday with markets generally lacking direction in the early stages of the week, but the downward...
13 May 2024
Crude oil futures opened the week marginally higher as focus pivots back to macroeconomics, in particular the US and the timetable for rate cuts ahead...
13 May 2024
The gulf between Asian and European prices of low suflur fuel oil continued to widen at the start of the week, hitting fresh highs for the...
13 May 2024
A second drone attack has hit Lukoil's 300,000 bpd Volgograd refinery, with a Sunday attack said to have damaged a crude distillation unit...
13 May 2024
Middle East crude opened the week lower as markets caught up with the Brent retreat after Asian markets had closed on Friday...
10 May 2024
Crude oil futures in Friday were were lower as markets surrendered earlier gains amid a late selloff, although benchmarks just about ended...
10 May 2024
Marine fuel margins in Singapore continued to improve last week as firm demand and tight supply in Asia offset fresh export availability...
10 May 2024
East of Suez crude prices were steady Friday to close out the week in small positive territory, while the slide in gasoline margins paused...
10 May 2024
Hin Leong founder Lim Oon Kuin has been found guilty in relation to defrauding its banks in relation to trading and trade finance...
9 May 2024
rude oil futures were slightly higher Thursday, extending the recovery from the previous session's eight-week lows after US government data revealed...
9 May 2024
Singapore's fuel oil stocks rebounded 16% last week as big cargo arrivals resumed, offsetting a drop seen in light end and middle distillate...
9 May 2024
Kuwaiti refiner KPC has offered 360,000 mt of 0.5% sulfur fuel oil for term contract to be shipped in the second half of the year in...
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