Fuel Oil

EIA: U.S. crude and fuel inventories climb, refining activity picks up

Crude inventories rose by 574,000 bbl to 427.5 MMbbl in the week ended November 28, the EIA said, compared with analysts' expectations in a poll for an 821,000-bbl draw.

Mexico's Pemex pumps less, refines more at home in October, data shows

Its seven local refineries refined 43% more year-on-year, reaching 1.04 MMbpd, helped in part by the Olmeca refinery in the port of Dos Bocas, which processed 191,657 bpd.

Rosneft’s Ryazan refinery suspended crude processing after drone strike

Ukraine has ramped up drone attacks deep inside Russia, aiming to knock out oil refineries, depots and pipelines. Ukrainian drones have struck at least 17 major refineries this year.

Singapore marine fuel sales slip to three-month low in September

Sales of marine bunker fuel in Singapore fell to a three-month low in September, following a surge in August, although they remained above typical averages.

Goltens and IPCO Power join forces in fuel system optimization

The partnership combines IPCO Power’s proven fuel homogenization technology with Goltens’ extensive global engineering and service capabilities.

U.S. Gulf Coast fuel oil imports hit 2.5-yr high amid Venezuelan, Russian sanctions

U.S. Gulf Coast refiners are ramping up fuel oil imports to fill a widening gap left by declining heavy crude supplies, particularly from U.S.-sanctioned Venezuela.

IRPC Rewind: ExxonMobil unveils liquid-phase isomerization advances for paraxylene production

At the IRPC in Houston, Texas, ExxonMobil presented breakthrough results in its liquid-phase isomerization (LPI) process, highlighting energy efficiency, improved yields and strong commercial performance.

Eni and five other oil companies fined by Italian competition watchdog

The regulator said that fines totaling more than €936 MM ($1.1 B) had been levied against Eni, Esso, Italiana Petroli (IP), Q8, Saras and Tamoil.

After sanctions, Indian oil refiner Nayara's exports find new markets

The privately-owned company halted exports for about two weeks after it was sanctioned by the European Union on July 18 for dealing in Russian oil.

U.S. total distillate inventories forecast to end 2025 and 2026 at multiyear lows