Europe Fuel Oil News
23 Oct 2024
High sulphur fuel oil (HSFO) ARA barge cracks turned positive again on Tuesday, shooting more than $4/b higher versus Brent...
23 Oct 2024
Brokerage BGC has bought rival OTC, the owner of Oil Brokerage, in a deal that has seen the wave of deals between cash-rich brokerages in the...
22 Oct 2024
Crude oil futures were higher, having overturned earlier losses as focus stayed on the Middle East...
22 Oct 2024
Benchmark crude oil prices rose 3% Tuesday on escalating tensions in the Middle East, while diesel cracks rebounded from recent lows...
22 Oct 2024
East of Suez crude markets were little changed Tuesday as markets looked for direction, while there was firm bidding on show in the...
22 Oct 2024
Egypt is set to extend its LNG cargo buying spree into the first quarter of 2025 as the North African country continues to...
21 Oct 2024
Crude oil futures opened the week slightly firmer as benchmarks recovered following last week's partial unwinding of the geopolitical premium...
21 Oct 2024
Benchmark crude oil prices rebounded Monday as escalations in the Middle East conflict compounded with expectations of imminent Israeli retaliation...
21 Oct 2024
Vitol's Asia CEO Mike Muller will retire in 2025, handing over the reins to Kieran Gallagher, Managing Director of Vitol Bahrain...
21 Oct 2024
Middle East crude opened the week slightly lower as markets caught up following the Brent retreat after Asia had closed on Friday, while East...
21 Oct 2024
Sudan's energy minister said Sunday the war-torn country was ready to resume exports from its landlocked neighbour South Sudan...
21 Oct 2024
Norwegian oil and gas production fell to its lowest levels in more than two years in September, preliminary monthly production figures from the...
18 Oct 2024
Crude oil futures Friday were slightly lower and heading for steep weekly losses after an erosion in the geopolitical risk premium...
18 Oct 2024
Quantum Commodity Intelligence – Benchmark crude oil futures fell 8% over the week on Friday to marking their largest seven-day decline in over...
18 Oct 2024
High sulfur fuel oil fundamentals still looked tight throughout this week on the back of disrupted supply in Europe and a hangover in Asia...
18 Oct 2024
East of Suez crude prices were little changed Friday but still heading for steep weekly losses, while gasoil differentials continued to grow...
17 Oct 2024
The UK government has announced a fresh wave of sanctions on Russian-owned tankers in an attempt to restrict its earnings from the...
17 Oct 2024
Benchmark crude oil futures remained stable Thursday as the market awaited further developments in the Middle East conflict, while fading...
17 Oct 2024
Both gasoline and diesel stored in the ARA region fell this week as disruption in the US Gulf helped...
17 Oct 2024
Crude oil futures Thursday were tracking sideways for a second session as investors looked for fresh direction...