Rally in the Asian marine fuel 0.5%S to be short-lived after cold snap retreats.

Oil has received a gentle US stimulus tailwind in Asia, with both Brent and WTI futures moving modestly higher OANDA's Halley said.

The correction may be limited by a rise in Asian LPG prices and as vessels continue to be sent to dry docks.

There were signs of some demand for 0.5%S marine fuel emerging in the European market towards the end of last week following a slower start to the year, while tighter availability remains in focus on reduced run rates at European refineries.

**COVID-19 accelerated trend of poor investment returns in oil and gas **US shale companies flexible to market volatility **Future investment likely to come from Middle East, US

**Shipping not included in national quotas **Biofuels good choice for existing vessels **Poseidon Principles may not achieve targets

"Last year we never worried about oil for the next month, but now we have to plan," a trader at a western company said.

Oil analysts estimated China's oil consumption growth to be at least at a rate half of the country's GDP growth.

**LR2 Med-Japan rates hit 4-month highs at start of 2021 **Naphtha prices keep arb open but more US product could be pulled

**Most Baltic ports to develop ice in next 10 days **Northern Handysize owners bullish on prospects

Current weak global crude demand levels made it feasible for Saudi Arabia to implement production cuts while still stocking the refinery.

By electro-chemically converting fuel into electricity, SOFCs can potentially produce power with higher efficiency.

Bapco is aiming to phase out all fuel oil production by 2025 and focus on diesel and jet fuel.

Shell Eastern Trading topped the 2020 list.

**Ossoff seen leading in tight race with Perdue **Easier path for Biden nominees if Dems regain chamber

**Court upholds 23rd licensing round focused on Barents Sea **Equinor planning further Barents Sea push despite setbacks **License round included drilling near Russia sea border

The cumulative amount of support under the package is S$33 million.

Japan is aiming for carbon neutrality by 2050.

State-owned Norico also joined the quota holder list, receiving an allocation of 50,000 mt.