Europe Fuel Oil News
9 Dec 2024
Middle East crude opened the week marginally lower as traders digested the Saudi OSPs, while strong volatility was seen in the products...
6 Dec 2024
Brent was lower again Friday as the market digested the OPEC+ decision to extend production cuts into next year, while diesel lost more ground on signs of oversupply...
6 Dec 2024
Crude oil futures Friday were drifting lower, as OPEC's decision to stick with current policy for now was met with a lukewarm reception...
6 Dec 2024
Middle East benchmark Dubai crude ended the week slightly lower as the further delay in OPEC+ did little to alleviate concerns of an oil surplus...
6 Dec 2024
East of Suez prices were slightly lower Friday with this week's OPEC+ decision seen as only enough to maintain current prices, a move that put...
6 Dec 2024
Cracks of high sulfur fuel oil in Europe and Asia ended the week in a weaker tone as concerns of oversupply gathered pace while the demand pull...
5 Dec 2024
Crude oil futures were were little changed with the OPEC+ decision to delay planned output increases seen as only moderately supportive...
5 Dec 2024
Benchmark crude futures ended the day lower after OPEC+ announced it was extending its production cuts
5 Dec 2024
US crude exports rebounded from 2024-lows in October, official data showed Thursday, as hurricane disruption eased...
5 Dec 2024
ARA product stocks rebounded this week as gasoline hit fresh one-year highs, while the cold snap sweeping across many parts of Europe saw...
5 Dec 2024
East of Suez prices were lower Thursday, tracking the Brent retreat after Asia had closed during the previous session, ***...
4 Dec 2024
Brent crude futures were steady in the midweek session, ahead of Thursday's OPEC+ meeting, with EIA data presenting a mixed picture...
4 Dec 2024
Crude oil futures Wednesday were steady as benchmarks consolidated early week gains on growing expectations that OPEC+
4 Dec 2024
The arbitrage opportunity for high sulfur fuel oil 380 CST barrels to make their way to the East of Suez in the coming month has disappeared as Asia...
4 Dec 2024
East of Suez prices were higher Wednesday as markets caught up with the Brent spike after Asia had closed in Tuesday's session, while the strength was also seen in the...
4 Dec 2024
Shell has begun starting up units at its 404,000 bpd Pernis refinery in Rotterdam after completing a two-month overhaul...
3 Dec 2024
Benchmark crude prices were higher Tuesday on expectations OPEC+ will extend its production cuts into next year...
3 Dec 2024
Middle East crude were little changed Tuesday as prices moved sideways ahead of the OPEC+ meeting, but jet fuel cracks continued to...
3 Dec 2024
Crude oil futures Tuesday were nudging higher, although benchmarks have largely entered into a holding pattern...
3 Dec 2024
Iraq has been forced to halt operations at its Basra oil refinery with storage tanks full as marketers failed to lift any fuel oil...