Fuel Oil News

12 Nov 2024
European natural gas prices were pushing 2024 highs Tuesday as the first cold snap of winter moves into northern Europe...
12 Nov 2024
Crude stored in EU-16 countries dropped to its lowest level since the early 1990s last month, driven by slowing production....
12 Nov 2024
OPEC has trimmed its forecast for global oil demand in 2024 for a fourth consecutive month, as tepid growth from China continued to drag...
12 Nov 2024
Middle East crude extended losses  as cash differentials also continued to slide, a move that offered a boost to margins at the bottom...
12 Nov 2024
Operations have restarted at the Indian Oil Corporation Limited (IOCL) refinery in Vadodara after a deadly fire at a storage tank on Monday...
11 Nov 2024
Crude oil futures Monday were sharply lower as benchmarks extended losses following Friday's sharp selloff...
11 Nov 2024
Benchmark crude oil futures declined Monday, extending the losses made late last week to sink prices beneath the $72/b handle for the first time...
11 Nov 2024
Middle East crude opened the week lower as markets caught up following the Brent retreat after Asia had closed on Friday, while it...
8 Nov 2024
Crude oil futures Friday were drifting lower as the threat to US oil fields from Hurricane Rafael faded, limiting weekly gains to around 2%...
8 Nov 2024
Benchmark crude oil futures slipped Friday with Hurricane Rafael set to avoid critical energy infrastructure upon landfall, while…
8 Nov 2024
The acute tightness seen across the marine fuel and high sulfur fuel oil markets in recent weeks showed signs of easing last week as...
8 Nov 2024
Middle East crude prices were marginally lower Friday as benchmarks posted slim weekly gains of under 0.5%, while refined product cracks...
8 Nov 2024
An outage at Greek refiner Motor Oil's Corinth 200,000 bpd refinery has damaged one its crude distillation units and repair work will last...
8 Nov 2024
Malaysia's refined oil products output slipped to a five-month low through September amid likely run cuts as producers across the region...
7 Nov 2024
Benchmark crude oil futures inched lower Thursday as sentiment softened following Trump's return to office, while gasoline cracks remained at year lows....
7 Nov 2024
Crude oil futures Thursday were nudging higher, as benchmarks continued to claw back the initial losses following Donald Trump's election victory...
7 Nov 2024
Gasoline held in the ARA region reached a five-month high this week as blenders pulled more volumes into the region to meet higher export...
7 Nov 2024
Middle East crude prices edged higher Thursday, regaining the previous day's losses, while the products market saw the recent recovery...
7 Nov 2024
Refined product stocks in Singapore rebounded sharply in the past week as light distillate inventories jumped amid gasoline net imports...
7 Nov 2024
Chinese oil product exports dived in October to the lowest level since August 2022 as limited export quotas and low crude runs throttled...
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