The refiner, a unit of Eneos Holdings, restarted the 172,100-bpd No. 2 CDU at its Kawasaki refinery near Tokyo on November 21 after it had been shut since August 16 for a planned turnaround.

China manages its refined fuel exports via a quota system to balance the supply-demand fundamentals in its local market.

Onshore fuel oil stockpiles in Singapore rose to a two-week high, as both imports and exports rose from the previous week.

The U.S. Treasury Department's Office of Foreign Assets Control imposed sanctions on NIS in October, as part of broader measures against Russia's energy sector, after granting a series of waivers ...