Spot premiums for Russian M100 fuel oil, a popular feedstock choice for Chinese refiners, have dropped $10-$15 to below $60 a metric ton to Singapore 380-cst fuel oil quotes for January from last ...
Saudi Arabia was the leading buyer of Russian seaborne fuel oil in November. Asian countries have become top buyers of Russia's fuel oil and VGO ever since the European Union imposed a full ...
The value of the rupee also has a bearing on domestic fuel prices. A weak rupee increases the landed cost of dollar-denominated crude oil. Petrol and diesel prices in India are reviewed daily in ...
In the meantime, fuel oil remains a significant component of New England’s energy mix, especially during winter cold snaps when the supply of natural gas is just not sufficient to meet heating ...
SINGAPORE, Dec 18 (Reuters) - Asia's fuel oil premiums and refining margins will be capped by ample supply in early 2025, but cleaner shipping fuel mandates in Europe and potential changes in ...
An oil spill in the Black Sea has led to renewed calls for nations to implement a ban on carrying fuel oil in the Arctic. Sian Prior, the lead adviser for the Clean Arctic Alliance, repeated its ...
EUR/USD: Central banks’ imbalances put parity at a stone’s throw The EUR/USD pair remained under selling pressure last week, with the US Dollar retaining its overall strength. The Greenback ...
The real-time price of Brent crude oil is at $81.17 per barrel, and the price of WTI crude oil is at $78.02 per barrel. Oil prices are customarily quoted in dollars (USD) around the world, not only in ...
Two Russian tankers carrying thousands of tons of fuel were badly damaged in stormy weather near the Black Sea over the weekend, leading to an oil spill, according to Russian state media.