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Fuel Oil

Singapore's middle distillates stocks rebound to more than 11 MMbbl

Singapore's middle distillates stockpiles climbed back above 11 MMbbl despite a rise in net exports for diesel/gasoil and jet fuel/kerosene.

Asia leads in fuel oil imports from Nigeria's Dangote, but volumes may fall

Asia has become the top destination for Nigeria Dangote refinery's low-sulfur straight run (LSSR) fuel oil exports in 2024 so far, though trade sources expect volumes to taper off going ahead.

Asia 10-ppm gasoil refining margins near 18-month low on clouded outlook

Asia's 10-ppm sulfur gasoil refining margins have slumped to a near 18-month low amid mixed market outlooks as well as softer ICE gasoil futures and prompt paper swaps.

Russia suspends publishing monthly fuel stats

Russia's state statistics service Rosstat said on Wednesday it was suspending publication of oil products output data.

Germany's auto industry calls for stricter climate targets for fuel suppliers

Germany needs to go beyond the European Union's guidance on fuels if it wants to achieve its 2045 goal of climate-neutral road traffic.

Japan signs 70 MoUs with partners on energy transition

Japan signed 70 memorandums of understanding (MoUs) on energy transition with partners on Wednesday on the sidelines of the Asia Zero Emission Community (AZEC) ministerial meeting in Jakarta.

Singapore's middle distillates stocks edge up for third week to > 12 MMbbl

Singapore's middle distillates stock levels edged up for a third straight week, hitting above the 12-MMbbl mark, as the decline in jet fuel/kerosene net exports offset gains in diesel/gasoil net exports.

Diesel Direct and Saia Trucking partner to pilot renewable diesel in California

Diesel Direct, a recognized leader in innovative and sustainable fuel delivery solutions across the U.S., has begun a partnership with Saia Trucking.

Mexico seeks more 2025 fuel import deals after refinery delays

Mexico is seeking to import more motor fuel for next year than it had previously planned, to compensate for delays in the startup of its new Olmeca refinery.

Brazil's Petrobras ups gasoline prices 7%, first hike under new CEO

Brazilian state-run oil company Petrobras announced its first gasoline price hike in almost a year, and also hiked the price of gas used for cooking and heating.