Asia Fuel Oil News
21 Nov 2023
Beijing has announced a new programme to promote the use of biodiesel in pilot areas across the country and to include...
20 Nov 2023
Crude oil futures Monday were climbing higher, extending the previous session's 4% rebound on growing expectations that OPEC+ will at least...
20 Nov 2023
The price of lower sulfur fuel oil in Europe mostly used to power the world's ships...
20 Nov 2023
Marine fuel oil exports from China fell for the second consecutive month as refiners faced a shortage of export quotas towards...
20 Nov 2023
Asian crude oil markets rebounded strongly at the start of the week from the four-month lows set in the previous session, a move that ate into...
20 Nov 2023
China's exports of gasoline and diesel slumped in October amid thinning margins and a quota shortage while...
17 Nov 2023
Crude oil futures in Friday were climbing higher but still heading for a fourth week of losses following the sharp selloff...
17 Nov 2023
Marine fuel cracks rallied to 16-month highs through the week as an unexpected shutdown at the Al Zour refinery in Kuwait exacerbated...
17 Nov 2023
Bunker sales in Singapore, the world's biggest hub for vessel refuelling, crept 3% higher through October to hit a four-month high of 4.4 million...
17 Nov 2023
The EU is weighing a ban on tanker sales to Russia as part of a beefed-up effort to clamp down on sanctions evasion that has blunted...
17 Nov 2023
Asian crude oil markets retreated for a fourth consecutive session Friday as benchmark Dubai slumped below $80/b for the first time in...
17 Nov 2023
Kuwait's massive refinery faces potentially another four weeks of disruption, two market sources said this week, following a fire at a...
16 Nov 2023
Crude oil futures European trading hours Thursday extended the previous session's selloff as the latest report from the EIA revealed a steep build...
16 Nov 2023
The crack for cargoes of marine fuel 0.5% in Asia hit their highest level in 15 months during trade on Thursday, with the unexpected shutdown...
16 Nov 2023
Asian oil markets were in retreat Thursday as the steep build in US crude stocks sent ripples across the market, a move that...
16 Nov 2023
Light end inventories jumped 11% in a busy week in Singapore, while middle distillate stocks hit a two-year high and fuel oil inventories slumped...
16 Nov 2023
Diesel output from Chinese refiners continued to rise for a fourth consecutive month in October even as weaker demand was seen in the...
16 Nov 2023
The US Biden administration has extended by four months a sanctions waiver which allows Iraq to continue with purchase of power and gas from Iran...
15 Nov 2023
Crude oil futures Wednesday were sliding lower, as oil benchmarks were unable to hold the week's modest gains after failing to establish...
15 Nov 2023
Asian crude prices were little changed Wednesday as markets struggled to find clear direction so far this week, a move that left gasoil margins back...