Sunday

01-06-2025 Vol 19

Tag: Oil

Fujairah Data: Fuel Oil Decline Leaves Oil Products Stocks Relatively Unchanged

Oil product stocks at the Port of Fujairah in the UAE remained relatively unchanged for the week ending May 5,…

Oil Prices and Refinery Margins Decrease Moderately in Q1 2025

During the first quarter of 2025, crude oil prices saw a notable decline, while U.S. refinery margins experienced an initial…

Chevron’s Final Vessel Begins Returning Oil Cargo from Venezuela, According to Sources and Data

A Chevron-chartered vessel has begun the process of returning a cargo of approximately 300,000 barrels of Venezuelan oil, marking a…

Singapore’s Fuel Oil Inventories Drop to Lowest Levels in Three Weeks

Onshore fuel oil stockpiles at Singapore, a key trading hub, have decreased to their lowest levels in three weeks due…

Asia Fuel Oil: Spot HSFO Trades at Discount Despite Strong Crack Spreads

The spot differential for high sulphur fuel oil (HSFO) in Asia dipped into discounts on Friday, despite a resilient outlook…

Tanker Weekly Update: Trends in Venezuela’s Crude Oil Export Market

Venezuela’s crude oil export situation has dramatically changed due to recent policy alterations, as shown by real-time data from Signal…

Tariff Challenges and Possible OPEC+ Supply Increase Cloud Oil Market Forecast

The outlook for oil prices appears bleak due to trade tensions and changes in OPEC+ supply strategies, as indicated by…

Asia Fuel Oil Hits Multi-Year High for 380-cst HSFO Cracks

Asia’s refining cracks for 380-cst high sulphur fuel oil (HSFO) surged to a multi-year high on Wednesday, driven by a…

FUJAIRAH REPORT: Oil Product Inventories Hit Lowest Level in One Month

Oil product inventories at the UAE’s Port of Fujairah saw a significant decline of 5.9% in the week ending April…

Oil Price Predictions Cut Due to Concerns Over Potential Global Economic Slowdown

Oil price forecasts have experienced significant reductions as analysts anticipate weaker demand for the latter part of 2025. This decline…