There have been protests at most refineries and ports in France since December 5, 2019 over the pension reform plans.

"The market was bad last week but it is looking worse today," a diesel cargo trader said Monday.

LNG bunker demand expected to reach 10 million mt/year by 2025.

LNG-powered ships emit 70%-82% more life cycle greenhouse gas emissions over the short term compared to clean distillate fuels, according to report.

General weakness in very low sulfur fuel oil after initial strong showing post-IMO 2020.

Equity rally prompted market to consolidate following five consecutive down sessions.

The Bunkerworld Marine Fuel 0.5%S Index will provide a global representation for the IMO 2020-compliant grade.

Even the Libyan force majeure and recent US-Iran tensions were not sufficient to rally demand significantly, Mitsubishi Corp.'s senior adviser said.

Of the 756 LNG ships currently in use or on order, the most popular engine type, is also the worst offender with the highest rate of methane slip, it said.

"The next two weeks are very critical for not only the oil market but the global economy," the OPEC source said.

A French federation of port and dock workers, part of the CGT labor union, will decide on Tuesday about further action.

The new hires are Shiwei Liao, Elise Huang, Farid Babayev and Jinu Jagan.

Urau-1 is 16th discovery at offshore deepwater Stabroek block for the ExxonMobil-led consortium.

Surplus of stocks has pressured markets, with Gulf Coast ULSD reaching over a one-year low on January 15.

Crude build was likely blunted by an uptick in US crude exports last week.

Crude futures settled down for a fifth consecutive session Monday at three-month lows.

Japan looks set to boost kerosene exports in coming weeks during the peak winter heating demand season as refiners find it difficult to cut crude runs sharply in spite of lower heating demand amid unusually warm weather.

China's oil companies lifted exports of oil products -- gasoline, gasoil and jet fuel -- by 20.2% on the year to 55.36 million mt in 2019, having utilized 98.9% of oil product export quotas available during the year, according to data released by General Administration of Customs late Thursday.

International Bunker Industry Association (IBIA) visited various shipping and bunker participants in Copenhagen earlier in January and said players reported "a surprisingly smooth transition" to the International Maritime Organization's revamped sulfur regulations for marine fuel.

European bunker premiums for delivered product over its respective upstream market have risen significantly on the back of IMO 2020, despite narrowing in the past week, S&P Global Platts data showed.