Sunday

06-07-2025 Vol 19

Category: Oil

Singapore’s Fuel Oil Stocks Increase Weekly Amid Rising Net Imports

Singapore’s fuel oil stockpiles have seen a notable increase this week, coinciding with a rise in net imports, as indicated…

API Reports Decrease in U.S. Crude Oil Inventories for Last Week

The American Petroleum Institute (API) announced on Tuesday that U.S. crude oil inventories decreased by 4.277 million barrels for the…

Russia Increases Seaborne Fuel Oil Exports to India and Turkey in May, Latest Data Reveals

In May, Russia significantly increased its exports of seaborne fuel oil and vacuum gasoil to India and Turkey, as low…

Drewry: Regional Unrest Won’t Disrupt Oil Transit Through Strait of Hormuz, Experts Say.

According to Drewry, the likelihood of oil transit through the Strait of Hormuz being disrupted by ongoing regional unrest is…

Saudi Arabia’s Crude Oil Exports Continue to Drop Amidst Ongoing Tanker Challenges

Recent reports from Banchero Costa indicate a continuing decline in Saudi Arabia’s crude oil exports. In the first five months…

Oil Market Fluctuations Impact Risk-Averse Currencies

The dynamics of the currency market have shifted, bringing the dollar back into the limelight as a safe haven. For…

Singapore’s Fuel Oil Reserves Increase for Fourth Consecutive Week

Onshore fuel oil inventories in Singapore have experienced a rise for the fourth consecutive week, driven by strong import levels,…