Asia Gasoil-Diesel News

Fuel oil markets were caught up in wider turmoil for the energy industry this week, with macroeconomic factors back...

Diesel prices fell sharply this week as crude tanked on fears of an economic slowdown...

Middle East benchmark Dubai crude faced another tumultuous week with prices retreating for a third consecutive...

Middle East crude prices steadied Friday although were still hovering around six-week lows after a third consecutive...

Crude oil futures Thursday were little changed on hopes that the US rate cycle will be paused...

Saudi Aramco has reduced Official Selling Prices (OSPs) for June-loading crude to Asia, reflecting the sharp fall in distillate and gasoline cracks...

Following months of negotiations, India and Russia have suspended efforts to enter into bilateral trade in rupees...

A little-known Indian trading outfit has become a major global player in shipping Russia crude oil, but its close links to Rosneft may provide...

Shell posted better-than-expected Q1 earnings Thursday after a boost in its trading business and the...

Middle East crude prices stumbled to fresh six-week lows although were seen stabilising Thursday, bringing hope...

Firm demand for fuel oil in Singapore left residual fuel stocks in the city-state slumping 2.44 million barrels over the week...

Crude oil futures were again sharply lower Wednesday, hitting fresh six-week troughs as expected interest rate hikes in the US and Europe...

Residual fuel stocks in Fujairah edged higher last week, with a 3% build leaving inventories just shy of 10 million barrels...

The oil tanker which exploded off the coast of Malaysia earlier this week is set to bring further scrutiny on the so-call 'dark fleet' of tankers...

Middle East crude tumbled around $5/b Wednesday, catching up with losses on western benchmarks...

Crude oil futures Tuesday were sharply lower as investors continued to digest bearish data from China released on Sunday, while concerns...

Global air travel demand is expected to match pre-pandemic levels by the end of July as more flights...

The International Monetary Fund raised its forecast for Asia-Pacific, with the region's growth will be primarily driven by China's rebound...

Middle East crude opened little changed as markets moved sideways ahead of the US rate decision due this week...

Crude oil futures in European trading hours Monday were drifting lower following the release of sluggish data from China and ongoing concerns...