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Fuel Oil

Singapore middle distillates stocks slip on rising jet fuel/kerosene exports

Singapore's middle distillates inventories fell by more than 100,000 bbls in the week ended May 29 amid higher net jet fuel/kerosene exports, though diesel/gasoil net exports declined.

Indian refiner-Reliance-to buy Russian oil in roubles

India's Reliance Industries Ltd., operator of the world's biggest refining complex, has signed a 1-yr deal with Russia's Rosneft to buy at least 3 MMbbls of oil/month in roubles.

U.S. Gulf Coast imports of straight-run fuel oil at record as global supply jumps

Imports of straight-run fuel oil (SRFO) to the U.S Gulf Coast were set to climb to record levels this month as Mideast and African suppliers ramped up exports and U.S. refiners scrambled for heavy feedstocks.

Russia's Tuapse oil refinery resumes operations after attack

Rosneft's Black Sea oil refinery in Tuapse resumed operations on Sunday after a drone attack.

Iran to boost gasoline, diesel production as new units go online

Jalil Salari, Managing Director, National Iranian Oil Refining and Distribution Company (NIORDC), provided an update on the country's refining units going online this year, which will significantly boost domestic gasoline and diesel production.

India's fuel demand increases more than 6% y-o-y

According to the country's Petroleum Planning and Analysis Cell, India's fuel consumption rose by 6.1% year-on-year in April.

India receives fuel oil cargo in Russian SCF tanker after brief halt

A ship controlled by U.S.-sanctioned Russian shipping giant Sovcomflot discharged fuel oil at a western Indian port indicating a resumption in the use of SCF vessels to supply Moscow's key market after a brief halt.

Singapore fuel oil stockpiles hit 20-week lows

Singapore's onshore fuel oil stockpiles slipped to 20-week lows after net imports declined, data showed.

Singapore fuel oil stockpiles rebound to 8-week high on higher imports

Singapore's onshore fuel oil stockpiles rebounded to an eight-week high amid an increase in imports.

Singapore fuel oil stockpiles extend slide to five-week low

Singapore's onshore fuel oil stockpiles extended declines to a five-week low, although inventory levels continued to average higher compared to last month.