Northwest European diesel barge refining margins climbed to their highest since late March at about $27 a barrel on Friday, even as regional stocks rose, amid stronger demand. Read Article  +

Oil headed for a fourth weekly gain amid tentative signs that global markets are tightening. Read Article  +

Oil headed for a fourth weekly gain amid tentative signs that global markets are tightening. Read Article  +

Asia’s refining profit margin for naphtha declined on Monday as China’s disappointing economic data dented hopes of demand recovery in the global hub of petrochemicals. Read Article  +

Asia’s refining profit margin for naphtha declined on Monday as China’s disappointing economic data dented hopes of demand recovery in the global hub of petrochemicals. Read Article  +

The goldilocks price for oil is around $70 per barrel. That’s FGE’s view, according to James Davis, the Director of Short-Term Global Oil Service & Head of Upstream Oil at the company, who told Rigzone that “the problem right now is ...  +

Asia’s high sulphur fuel oil (HSFO) market steadied on Wednesday after rallying since the start of the month, while very-low sulphur fuel oil (VLSFO) weakened further. Read Article  +

Saudi Arabia imported record volumes of discounted Russian fuel oil in June, a near 10-fold annual increase to meet summer power generation demand and maintain crude exports despite OPEC+ production cuts, according to traders, analysts a...  +

Saudi Arabia imported record volumes of discounted Russian fuel oil in June, a near 10-fold annual increase to meet summer power generation demand and maintain crude exports despite OPEC+ production cuts, according to traders, analysts a...  +

Asia’s high sulphur fuel oil (HSFO) market steadied on Wednesday after rallying since the start of the month, while very-low sulphur fuel oil (VLSFO) weakened further. Read Article  +