Fuel Oil News
-
Updated 20 minutes ago
The premium traders in Asia are paying for the earliest deliveries of fuel oil is poised to slide from an eight-month high as Europe floods the region with excess supplies and Chinese refinery demand wanes.
-
The following is the text of Canada’s consumer price index report for April released by Statistics Canada.
-
Residual-fuel inventories in Singapore, Asia’s largest oil-trading and storage center, rose for a third week to the highest level in more than five months, according to a unit of the Ministry of Trade and Industry.
-
Updated 2 hours, 37 minutes ago
Three of Europe’s biggest oil explorers are among companies being questioned by European antitrust regulators about potential manipulation of prices in the $3.4 trillion-a-year global crude market.
-
Two weeks after Royal Dutch Shell Plc and Platts changed the way more than half of the world’s crude is valued, the companies along with BP Plc and Statoil ASA are being probed by European antitrust regulators about potential manipulation of oil prices.
-
Russia, the world’s biggest energy exporter, will probably reduce duties on most oil shipments abroad by 5 percent on June 1 after Urals crude prices fell.
-
Vector Commodity Management LLP’s assets under management slumped 86 percent this year after losing money since 2011.
-
Residual-fuel inventories in Singapore, Asia’s largest oil-trading and storage center, rose for a second week to the highest level in two months, according to a unit of the Ministry of Trade and Industry.
-
Supplies of sour, or high sulfur, crude oil in Europe will continue to be tight because of the loss of Iranian and Syrian exports and “strong” refining margins for fuel oil, according to JBC Energy GmbH.
-
PacificLight Power Pte Ltd. said its 800 megawatt Jurong Island power plant, the first in Singapore to be completely fueled by liquefied natural gas, will be fully operational by the fourth quarter.
|
|
Most Popular on Bloomberg
|
| |
Rate this Page