Fuel Oil News

Middle East crude markets were little changed heading into the weekend as they consolidated moderate weekly gains, while HSFO...

Italy's fuel consumption in January 2025 decreased by 4.3% year-on-year to 3.8 million mt, primarily due to reduced diesel usage...

Crude oil futures Thursday were firmer, as markets extended the week's solid upwards trend...

Benchmark crude oil futures extended gains on Thursday as attention pivoted toward global supply concerns, while LSGO cracks rebounded...

Phillips 66 has leased a new floating storage unit (FSU) off Singapore in the Malacca Straits for fuel oil storage, Reuters reported Thursday...

Structure at the front of the Singapore HSFO 380 CST paper curve firmed further during Thursday's window as the M1/M2 spread hit its widest...

Refined oil products inventories stored in the Amsterdam-Rotterdam-Antwerp (ARA) trading and blending hub fell for the third...

Canadian oil sands producer Cenovus Energy posted a decline in fourth-quarter profits on Thursday as rising production was...

Middle East crude markets were pegged back slightly on Thursday but remained at the higher end of the February trading range...

Singapore's fuel oil stocks dropped to a three-week low of 18.9 million barrels last week as net imports shrank to 226,000 mt compared...

Commodity trader Cargill and tanker owner Hafnia have joined forces to make what will be one of the world's biggest bunker suppliers...

The faltering economic recovery in China is expected to limit refined oil product exports for the rest of 2025 as tight government budgets have already seen...

US commercial crude stockpiles rose 3.34 million barrels for the week ending February 14, according...

Benchmark crude oil futures climbed for the third consecutive session on Wednesday as investors braced for disruptions to global supply...

Crude oil futures Wednesday extended the week's firmer tone as supply side concerns came back into focus...

Petroineos has temporarily closed its polyethylene unit at its 210,000 bpd Lavera refinery for scheduled maintenance, the company...

Strengthening HSFO cracks in the East of Suez market have drawn increased arbitrage flows from Russia and the Middle East...

Fujairah's refined product inventories slipped 1% in the week to 19 February, falling to 19.9 million barrels as a sharp decline in light distillates...

Middle East crude markets moved higher Wednesday, breaking out of the recent narrow trading range, while the diesel EFS widened...

The Hi5 spread crunched to a record low this week in China on mixed fortunes for high and low sulfur bunkering fuel...