Asia Fuel Oil News

5 Mar 2025
Indonesia plans to build a new 500,000 bpd refinery capable of processing both domestic and international crude grades...
5 Mar 2025
Middle East benchmark Dubai crude rebounded Wednesday, moving back above Brent, while margins for residual fuels continued to slump...
5 Mar 2025
Fujairah's refined product inventories fell to 18.9 million barrels in the week to 5 March, down 8% week-on-week, as declines in light distillates...
5 Mar 2025
Kerosene inventories in Japan dropped further towards the tail end of February as the end of peak winter heating season saw local refiners...
4 Mar 2025
Crude oil futures Tuesday extended losses after OPEC+ confirmed it would go ahead with output increases, sinking benchmarks to...
4 Mar 2025
Marine fuel prices in Singapore fell to their lowest in more than three-and-a-half years on Tuesday as weaker global trade and rising tariffs...
4 Mar 2025
Middle East benchmark Dubai crude slumped to two-year lows Tuesday after OPEC+ confirmed it would proceed with output hikes, while...
4 Mar 2025
Taiwan's diesel exports doubled in January despite lower crude throughput weighing on gasoline outflows, government data showed Tuesday...
4 Mar 2025
More Venezuelan crude oil could head to China in the coming months via the so-called dark fleet market as US President Trump axed Chevron's licence to...
4 Mar 2025
The US imposed 25% tariffs on imports from Canada and Mexico on Tuesday, triggering swift retaliation from Ottawa and raising the...
3 Mar 2025
Australia's road fuel consumption was sharply lower in December, official data revealed on Monday, as industrial output entered its...
3 Mar 2025
Crude oil futures opened the week little changed despite a brief boost from China, as short-term direction remains highly uncertain amid tariffs...
3 Mar 2025
The new front-line Dubai crude contract opened the month at fresh 2025 lows, while middle distillate cracks were looking weaker...
3 Mar 2025
A fire broke out at the Ufa oil refinery in Russia's Bashkortostan region early Monday, with authorities citing a technical malfunction...
28 Feb 2025
Crude oil futures Friday were trending lower with the threat of a tariffs-led global trade war dampening sentiment...
28 Feb 2025
Tightness in Asia's HSFO market persisted as the paper curve steepened to its highest in multiple years, even as spot prices and cracks softened from recently elevated levels...
28 Feb 2025
Dubai crude posted a strong finish on the final session of February, while marine fuel cracks held at eight-month lows....
28 Feb 2025
Below is a list of monthly averages for key Quantum refined oil product spot physical assessments...
28 Feb 2025
Demand for refined oil products in Japan declined in January, falling below year-ago levels as sluggish naphtha and gasoline sales weighed...
27 Feb 2025
President Donald Trump plans to up the tariff rate on Chinese goods entering the US to 20% from next...
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