Fuel Oil
Sparta Commodities launches advanced fuel oil intelligence tools to empower global traders
Designed specifically for traders and analysts, this new vertical introduces live blending intelligence, dynamic arbitrage tracking, and AI-driven analytics, providing actionable intelligence across global fuel oil blending and bunkering hubs.
Russia's Ryazan oil refinery halts operations after drone strike
Russia's Ryazan oil refinery has suspended operations after an attack by Ukrainian drones on Monday.
OMV Petrom starts construction of sustainable fuels unit at Petrobrazi Refinery
The new sustainable aviation fuel (SAF) and renewable diesel (HVO) unit will have a production capacity of 250,000 tons of sustainable fuels per year, starting in 2028.
Baseblue launches new bunker fuel supply service in Trinidad
Baseblue has launched a new bunker fuel supply service at Point Lisas Port, Trinidad. The service will provide vessels with reliable and efficient fuel options, eliminating logistical challenges and enhancing operational efficiency.
India's January fuel demand drops to 3-month low
India's January fuel consumption hit its lowest monthly level since October, but was up 3.2% year-on-year at 20.49 MM tonnes, oil ministry data showed on Friday.
Ukrainian drones hit big Russian oil refinery at Ryazan
Ukrainian drones hit a Russian oil refinery in the city of Ryazan overnight, causing a fire and damaging equipment at one of Russia's biggest refineries.
Asia's fuel oil premiums more than double as Russian sanctions spark supply risks
Spot premiums of fuel oil have more than doubled in Asia ever since the U.S. imposed broader sanctions on Russian oil and tankers, clouding the supply outlook.
China's 2024 low-sulfur marine fuel exports dip 1.6% vs. 2023
China's exports of low-sulfur marine fuels dipped 1.6% in 2024 from the previous year. The decline in exports emerged despite an uptick in refueling demand at key bunker ports globally, as China cut export quotas in its final batch of the year.
EIA: U.S. crude stocks fall, gasoline and distillate inventories rise
U.S. crude stocks fell while gasoline and distillate inventories rose last week, the Energy Information Administration (EIA) said on Wednesday.
U.S. Gulf Coast fuel oil imports hit record low as Latin America deliveries slow
Fuel oil deliveries into America's largest refining hub on the U.S. Gulf Coast fell to a record low in December, according to data from ship tracker Kpler, as Latin American supplies dried up.
- LyondellBasell to sell select European petrochemical assets to AEQUITA 6/9
- Shell reports June 4 fire at ethylene cracker plant in Pennsylvania (U.S.) 6/9
- Plug Power, Allied Green Ammonia partner for $5.5-B, 2-GW electrolyzer project to produce SAF, green urea and green diesel 6/9
- Ebara Elliott Energy signs high-speed balancing bunker agreement to expand Middle East footprint 6/9
- Rotork joins Rockwell Automation’s Technology Partner Program 6/9
- California (U.S.) fuel imports hit 4-yr high amid refinery outages 6/9
