Asia Fuel Oil News

30 Nov 2023
Crude oil futures Thursday were sharply lower despite OPEC+ seemingly agreeing to deeper cuts next year for next year after reaching a last-minute deal...
30 Nov 2023
OPEC+ reached a last-minute agreement Thursday to further reduce output from January, with Saudi Arabia maintaining its voluntary cut...
30 Nov 2023
China's state-owned marine fuel producer SInobunker has completed its first bio marine fuel bunkering for a...
30 Nov 2023
Below is a list of monthly averages for key Quantum refined oil product spot physical assessments...
30 Nov 2023
Asian crude prices Thursday were sharply up as prices raced to a three-week high ahead of the OPEC+ meeting, while the drop in marine fuel...
30 Nov 2023
Fuel oil stocks fell by over 1 million barrels in Singapore last week as tight supply drew inventories from storage, with trade figures...
30 Nov 2023
Kerosene deliveries in Japan surged in October compared to the previous month as heating demand jumped during...
29 Nov 2023
Crude oil futures Wednesday were around 1% higher on the session amid choppy trading, with the deadline for a deal...
29 Nov 2023
Loading delays on the Black Sea continued into a third day with high winds and big waves threatening to persist through the week...
29 Nov 2023
Asian crude prices Wednesday were higher for a second session amid growing optimism that OPEC+ will find a compromise in time for...
29 Nov 2023
A 1.7-million-barrel draw from residual fuel inventories in Fujairah led oil product stocks lower last week as tight supply across Asia due to...
29 Nov 2023
India has resumed purchases of Venezuelan crude after the US last month suspended oil sanctions, with volumes set to pick up next month...
28 Nov 2023
Brent crude oil futures Tuesday were cautiously higher, moving back above the $80/b mark, as traders waited for further news on...
28 Nov 2023
The price of marine fuel in Singapore remained under pressure in Singapore on Tuesday as cargo prices slumped to their lowest levels in four...
28 Nov 2023
Asian crude prices Tuesday were marginally higher but largely tracking Brent with markets waiting for news on OPEC+, while marine fuel prices...
28 Nov 2023
Chinese refiners should pivot towards more sustainable aviation fuel (SAF) development to address oil refining overcapacity...
27 Nov 2023
Crude oil futures Monday were marginally lower as  markets remained choppy amid uncertainty around OPEC+ and the group's attempts...
27 Nov 2023
Sri Lanka has given the go-ahead to a Sinopec plan to invest $4.5 billion to build a refinery in the country, the energy minister said Monday...
27 Nov 2023
Asian crude prices Monday were lower as East-of-Suez markets played catch up with Friday's late Brent retreat, while firming jet fuel prices...
27 Nov 2023
Loading of Russian and Kazakh crude oil and products was halted over the weekend after severe storms battered the Black Sea and...
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