Asia Fuel Oil News
12 Jan 2024
Residual fuel prices were under pressure again this week as an uptick in supply continues to weigh on the market, with high supply...
12 Jan 2024
Bunker fuel demand in Singapore soared to a record high in December as prices fell to their lowest levels in six months, monthly data...
12 Jan 2024
Oil prices surged higher Friday as Asian markets woke up to the news of US-led strikes against Houthi militants, with that move having big...
12 Jan 2024
China's oil product imports surpassed exports in December despite a rebound in crude imports during the month...
11 Jan 2024
Crude oil futures Thursday were higher on reports of a major shipping incident off the coast of Oman, in which a crude oil tanker was seized...
11 Jan 2024
Vietnam's crude oil and refined product imports picked up during December as fortnightly customs figures published Thursday showed around...
11 Jan 2024
Marine fuel backwardation at the front of the paper curve flattened to its lowest levels since July during trade on Thursday as another week...
11 Jan 2024
An alert issued by the UK Marine Trade Operations (UKMTO) agency Thursday, advising shipping to proceed with around the northeast coast of Oman, took an unusual twist...
11 Jan 2024
Fuel oil stocks were up another 3% in Singapore last week to hit a nine-month high as cargoes loaded to close the marine fuel arb continued...
11 Jan 2024
Asian crude prices were slightly lower Thursday as global oil markets were rocked after the huge builds in US refined product inventories...
11 Jan 2024
Higher middle distillate stocks in Japan led a strong rebound of product stocks across the country despite lower...
10 Jan 2024
Crude oil futures fell in late trade Wednesday after the EIA showed a surprise build in US stocks and another large build in products...
10 Jan 2024
Fuel oil stocks in Fujairah fell by 1.3 million barrels last week to a four-month low as the pull from East Asia and steady bunkering...
10 Jan 2024
East-of-Suez crude prices were higher Wednesday as markets continued to recover from early-month weakness, while gasoil cracks firmed for a fifth...
9 Jan 2024
Crude oil futures Tuesday were higher as markets continued to recover from the previous session's sharp selloff after...
9 Jan 2024
Benchmark Dubai crude prices were lower Tuesday although markets were recovering after the post Saudi-OSP slump, while gasoil margins...
8 Jan 2024
Crude oil futures Monday were sharply lower with markets struggling to hold the gains seen at the back end of last week after Saudi Arabia slashed OSPs...
8 Jan 2024
Benchmark Dubai crude prices opened the week little changed as markets digested the latest Saudi OSPs, while gasoil cracks have continued to...
8 Jan 2024
The consumption of refined oil products in India last month jumped to a seven-month high of more than...
5 Jan 2024
Crude oil futures Friday were climbing higher as benchmarks continued to recover after the previous session's tumble...