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Asia Fuel Oil-Benchmarks strengthen despite inventory builds

Asia Fuel Oil-Benchmarks strengthen despite inventory builds SINGAPORE, Oct 24 (Reuters) - Fuel oil benchmarks climbed in Asia on Thursday, with spot cargo bids trending higher for November and backwardation firming despite inventory builds at key trading hub Singapore. The cash premium for 380-cst high sulphur fuel oil (HSFO) traded up at $11 a metric ton, while 0.5% low sulphur fuel oil was pegged higher at $9.90 a metric ton.
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Neste Expects Demand For Renewable Fuels To Grow In 2025

BRIEF-Neste Expects Demand For Renewable Fuels To Grow In 2025 Oct 24 (Reuters) - Neste Oyj NESTE.HE : DEMAND FOR RENEWABLE FUELS IS EXPECTED TO GROW IN 2025 IN RENEWABLE PRODUCTS, BIOTICKET AND RENEWABLE CREDIT PRICES AND RENEWABLE DIESEL PRICE PREMIUMS EXPECTED TO REMAIN AT LOW LEVEL VERSUS 2023 VOLUNTARY SAF DEMAND HAS SO FAR NOT BEEN REALIZED A
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Neste Withdraws From Investing Into Electrolyzer At Porvoo Refinery

BRIEF-Neste Withdraws From Investing Into Electrolyzer At Porvoo Refinery Oct 24 (Reuters) - Neste Oyj NESTE.HE : TO RE-EVALUATE ITS RENEWABLE HYDROGEN PLAN AND WITHDRAW FROM INVESTING INTO A 120 MW ELECTROLYZER AT PORVOO REFINERY REASONS BEHIND WITHDRAWAL ARE CO'S CHALLENGING MARKET CONDITIONS AND FINANCIAL PERFORMANCE Source text for Eikon: [ID:]
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Finland's Neste scraps investment in renewable hydrogen in tough biofuel market

UPDATE 3-Finland's Neste scraps investment in renewable hydrogen in tough biofuel market Adds analyst comments in paragraphs 3-4, shares in paragraph 5, further CEO comment in paragraph 10 Oct 24 (Reuters) - Neste NESTE.HE has withdrawn from an investment into renewable hydrogen production at its plant in Porvoo, Finland, the oil refiner and biofuel maker said after its third-quarter core earnings missed expectations on Thursday.
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Biofuel maker Neste posts Q3 profit below estimates

Biofuel maker Neste posts Q3 profit below estimates Oct 24 (Reuters) - Finnish oil refiner and biofuel maker Neste NESTE.HE reported lower-than-expected quarterly earnings on Thursday, citing "unsatisfactory" market environment amid decreasing prices and regulatory uncertainties. Reporting by Boleslaw Lasocki in Gdansk; editing by Milla Nissi
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