Asia’s gasoline markets ended the week over 4% down, extending losses from last week, as build up at key trading hubs of Singapore, Middle East and Europe offset gains arising from a larger-than-expected fall in U.S. inventories. Read A...  +

The market for very low sulphur fuel oil (VLSFO) softened in Asia for a third straight session on Monday, as lower offers emerged for loading dates in end-May and early-June. Read Article  +

The market for very low sulphur fuel oil (VLSFO) softened in Asia for a third straight session on Monday, as lower offers emerged for loading dates in end-May and early-June. Read Article  +

A shipment of diesel at the center of a European Union sanctions-busting claim had an inconsistency in its paperwork. Spain’s biggest oil refiner, Repsol SA, said on April 27 that Russian diesel has been entering the country in breach o...  +

A shipment of diesel at the center of a European Union sanctions-busting claim had an inconsistency in its paperwork. Spain’s biggest oil refiner, Repsol SA, said on April 27 that Russian diesel has been entering the country in breach o...  +

The smuggling of road fuels out of the country is becoming an increasingly difficult issue to manage for Iran, particularly as it faces up to the ever-rising fuel demands of its growing population. Read Article  +

The smuggling of road fuels out of the country is becoming an increasingly difficult issue to manage for Iran, particularly as it faces up to the ever-rising fuel demands of its growing population. Read Article  +

Freed from the most onerous of their COVID restrictions, China's tourists are set to boost the country's gasoline and jet fuel consumption next month as travellers for the May Day holiday take to the skies and hit the road. Read Article...  +

Freed from the most onerous of their COVID restrictions, China's tourists are set to boost the country's gasoline and jet fuel consumption next month as travellers for the May Day holiday take to the skies and hit the road. Read Article...  +

A steep slump in oil-refining profits over the last few weeks has left traders and analysts talking about one thing — run cuts. Read Article  +