Fuel Oil News

Crude oil futures were climbing higher as the upheaval to the supply side caused by fresh sanctions on Russia oil offset broader...

Benchmark crude oil futures rebounded Wednesday as the International Energy Agency (IEA) warned of significant disruptions to global...

The International Energy Agency (IEA) has warned that global supply chains may face severe disruption this year amid intensifying trade...

Fuel oil east-west arbitrage economics is pointing firmly eastward this week after the US and its allies announced a new wave of sanctions aimed at choking...

Middle East crude were steady for a second session, holding close to six-month highs, while the product side is still pricing in fresh sanctions...

Marine fuel sales in Singapore rose to a record high level last year, maintaining its position as the world's biggest ship fuelling hub as vessel traffic...

Fujairah's oil product inventories climbed for the second consecutive week, rising 13% to 18.47 million barrels as of 15 January, according to data released by the Fujairah Oil Industry Zone and S&P Global Commodity Insights...

Crude oil futures were drifting lower as markets took stock after the steep rally since the US and its allies announced tighter sanctions...

Benchmark crude oil futures lost momentum on Tuesday as markets absorbed the impact of tighter sanctions on Russian oil shipments...

Strong demand for gasoline and jet fuel pushed French oil demand slightly higher last year...

The volume of ship-to-ship transfers of sanctioned Russian oil near China could spike in the short term if the two countries were to maintain the trade flow in the...

Outright Middle East crude steadied after consolidating early week-gains Tuesday, which helped put a brake on the recent retreat in...

Spanish refineries recorded their lowest production volumes of the year in November, official figures revealed Tuesday, with gasoil...

Benchmark crude oil futures opened the week sharply higher as US sanctions on Russia and the prolonged cold snap continued to bolster prices...

Crude oil futures opened the week higher as the clampdown on sanctioned oil and US cold snap lifted prices to...

German authorities have secured a Russian-owned Suezmax tanker in the Black Sea carrying nearly 100,000 mt of fuel oil after losing...

Major investment banks estimate the latest US sanctions targeting Russia's energy sector could affect up to 1.7 million bpd of crude...

Middle East crude opened the week over 5% higher as East of Suez markets were given first chance to react to the fresh round...

Ukraine has launched a drone attack on Russia's TANEKO refinery in Tatarstan, according to local media reports, continuing its campaign...

Australia's Viva Energy Group has temporarily shut down its Geelong Refinery after a power outage caused by a lightning storm on 12 January...