Fuel Oil News

Crude recovered some lost ground on Friday but ended the week lower as OPEC+ production cuts...

High sulfur fuel oil prices managed to draw a line under their recent weakness as fresh import quotas for Chinese independent refiners...

Asian crude prices Friday were sharply lower after global oil markets slumped following the OPEC+ meeting, while the start of a new month...

Crude oil futures Friday were drifting lower as markets tested lower levels after the fallout from the...

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...

Crude futures slumped in late trade on Thursday with the market seemingly unconvinced by the depth of production...

Diesel held in the ARA trading and blending hub unwound much of the previous week’s sharp build...

OPEC+ reached a last-minute agreement Thursday to further reduce output from January, with Saudi Arabia maintaining its voluntary cut...

China’s state-owned marine fuel producer SInobunker has completed its first bio marine fuel bunkering for a...

Below is a list of monthly averages for key Quantum refined oil product spot physical assessments...

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...

Fuel oil stocks fell by over 1 million barrels in Singapore last week as tight supply drew inventories from storage, with trade figures...

Kerosene deliveries in Japan surged in October compared to the previous month as heating demand jumped during...

Crude futures were flat on Wednesday with OPEC+ talks still deadlocked on the eve of an important ministerial meeting...

Crude oil futures Wednesday were around 1% higher on the session amid choppy trading, with the deadline for a deal...

Fund Elliott Investment Management has taken a $1 billion stake in US oil producer and refiner Phillips 66 and is looking to take two board...

Loading delays on the Black Sea continued into a third day with high winds and big waves threatening to persist through the week...

Asian crude prices Wednesday were higher for a second session amid growing optimism that OPEC+ will find a compromise in time for...

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...

India has resumed purchases of Venezuelan crude after the US last month suspended oil sanctions, with volumes set to pick up next month...