China would need to replace as many as 450,000 b/d of US crude after the latest tariff threat.

The oil complex strengthened steadily into the US afternoon Monday ahead of June 22's meeting in Vienna between OPEC members and key non-OPEC producer Russia

Weather-related interruptions to bunker operations at Malta have been lifted amid improved weather at the island

Availability of bunker fuel at Algeciras, Spain, and nearby Gibraltar was easing Monday, after tight availability that had dogged the market since the end of May

As blended fuel oil and new products fall outside the ISO 8217 standard.

If output cuts are abandoned, there will be more medium and sour crude in the market and an increase in supertanker demand.

Leaving many trading houses stuck with cargoes on the water or at loading ports, with uncertain destinations.

This will have a big impact on Unipec's business and feedstock supplies for Sinopec refineries.

Market watchers keeping an on inventory data report from the American Petroleum Institute and the Energy Information Administration this week.

Further tests found chemical contaminants such as phenols and tall oil.

"Lower crude prices ahead of the key Friday OPEC meeting further adds to the pressure on Asian markets," PIG market strategist said.

Duties on $16 billion of US goods, including crude oil, LPG, gasoline, naphtha, fuel oil and natural gas will be announced at a later date.

Russia top oil producer Rosneft and Saudi Arabia are looking into the possibilities of cooperating on international trading

The oil complex settled sharply in the red Friday as financial markets reacted to a deepening trade war between the United States and China

Crude and product futures appeared to stabilize at sharply lower levels during early afternoon US trading Friday

China's Shanghai Futures Exchange announced Friday the basic terms for its upcoming 380 CST bunker fuel futures contract

Crude and product futures held steady throughout much of the US trading day Thursday despite fresh indications that Saudi Arabia and Russia would agree to increase output.

Fuel oil stocks in the Amsterdam-Rotterdam-Antwerp hub rose 30% to 1,481,000 mt in the seven days to Wednesday, according to the latest data from PJK Consulting released late Thursday, with no VLCCs or Suezmaxes leaving Rotterdam for Singapore over the period.

Long Range 1 tanker freight rates on the route from the Mediterranean to Japan have dropped to a 19-month low on thin naphtha demand in Asia, while West African demand has been on hold with Nigeria drawing from offshore gasoline supplies over the past two months.

Fuel oil exports to Saudi Arabia from Europe for air-conditioning requirements have surged over the last six weeks which has helped to make a dent in the previously oversupplied Northwest European market, sources said.