Northwest European fuel oil cracks have slumped to four-month lows after Brent crude prices rallied on political turmoil in Egypt. The high sulfur fuel oil barge crack -- the discount of FOB Rotterdam 3.5% sulfur fuel oil barges to Dated ...
China's new natural gas pricing mechanism will create two separate bands of prices across the country with an average difference of 42%, although over 90% of supply will still be priced at the lower level. The National Development and ...
Tags: Natural Gas, Chemicals
Singapore's fuel oil stocks in the week ended June 19 rose to a 39-month high as exports of the heavy distillate -- particularly into China and Hong Kong -- plunged from the previous week, data released Thursday by trade promotion agency IE ...
Tags: Fuel Oil, Metallurgy, Mineral, Energy
The US residual fuel oil hi-lo, the spread between Atlantic Coast 1.0%S and Gulf Coast 3.0%S, contracted 35 cents on Tuesday, clawing back the increase of Monday, as weak global demand continues to keep US fuel oil values relatively weak. ...
Tags: fuel oil, Metallurgy, Mineral, Energy
Bangladesh state-owned Petrobangla has sought permission to re-offer six shallow water oil and gas exploration blocks that attracted no bids in the county's recent bidding round, company chairman Hussain Monsur said Thursday. Monsur said ...
US Gulf Coast high sulfur fuel oil began strengthening after a spate of recent selling as players look forward to a shift in supply/demand balances toward tightness in the near term, trading sources said Tuesday. "Availability will be ...
Tags: Metallurgy, Mineral, Energy, Chemicals
Sri Lanka's state-owned Ceylon Petroleum Corp., the country's sole importer of fuel oil, has made a rare export offer of the product due to falling demand from power stations as well as higher domestic output, company sources said Friday. ...
China's National Development and Reform Commission on Thursday refuted local media reports that it was planning to raise the price of natural gas. In a statement on its website, the NDRC said media reports about a sharp rise in natural ...
Tags: natural gas, Metallurgy, Mineral, Energy
Japan's export of oil products slid 3.7% to 2.95 million barrels over March 3-9, from 3.06 million barrels in the previous week, data released Wednesday by the Petroleum Association of Japan showed. Middle distillates at 1.88 million ...
Tags: oil product exports, oil product, oil
The FOB Singapore cash differential to the Mean of Platts Singapore assessment for 180 CST high sulfur fuel oil widened to a near six-month high Monday, on increased demand for 180 CST as a cutter stock amid heavy refinery maintenances in ...
US fuel oil exports to the Netherlands, Europe's primary demand hub, were the second-highest on record for 2012 but slowed in the latter part of the year, according to US data, signaling a shifting dynamic as domestic demand for the ...
Tags: Metallurgy, Mineral, Energy, high sulfur fuel oil
Fuel oil consumption in power plants in Bangladesh will more than double to around 800,000 mt in the first half of 2013 from around 320,000 mt in H1 2012, a senior official at Bangladesh Power Development Board said Thursday. The ...