Gasoline News
5 Sep 2024
Phillips 66's CEO Mark Lashier expects as much as 700,000 bpd of global refinery capacity to be taken out of the market next year as its less-competitive peers struggle with lower margins...
5 Sep 2024
Rhine River barge rates tumbled from two-month highs on Thursday as water levels are expected to build on this week's gains...
5 Sep 2024
Singapore oil product inventories climbed last week as lower residual fuel cargo arrivals resulted in a sharp drop in exports from storage...
5 Sep 2024
US crude oil inventories posted an unexpectedly steep draw for the week ending 30 August, while stockpiles of refined products nudged lower...
4 Sep 2024
Crude oil futures Wednesday remained under strong downwards pressure, amid concerns over weak economic growth and reports that rival...
4 Sep 2024
Crude futures sank to fresh lows Wednesday as the market awaited a decision from OPEC+ over its production quota...
4 Sep 2024
Gasoline and jet deliveries climbed to fresh highs in August, data from fuel supplier Exolum showed Wednesday, as robust summer travel...
4 Sep 2024
US gasoline futures continued to sell off during trade on Wednesday, with the end of the peak driving season combining with falling crude...
4 Sep 2024
Chinese exports of clean oil products are expected to fall this month as weak margins and a shortage of export quotas start to move to the centre...
4 Sep 2024
Middle East crude prices slumped to fresh yearly lows Wednesday amid the broader malaise in oil markets, dragging products lower along with it...
4 Sep 2024
Nearly 300 workers at Marathon Petroleum's 140,000 bpd Detroit refinery downed tools Wednesday in a dispute over a new labour...
4 Sep 2024
Fuel oil stocks in Fujairah slumped back to seasonal lows last week as a draw of almost 1 million barrels was seen across the barrel...
4 Sep 2024
US refiner Valero has begun works to resume operations at the 210,000 bpd crude distillate unit at its 360,000 bpd Port Arthur refinery in Texas after...
4 Sep 2024
Oil product inventories in Japan inched slightly higher last week thanks to gasoil surplus offsetting an increasingly light end supply tightness as...
3 Sep 2024
Crude oil futures Tuesday were sharply lower as concerns over sluggish demand growth offset events in Libya, while reports of a potential deal...
3 Sep 2024
Brent crude slumped to fresh 2024-lows Tuesday on reports a deal to resume Libyan oil production was close to being agreed...
3 Sep 2024
Aliko Dangote, owner of Nigeria's new mega refinery, announced Tuesday it had started production of gasoline at the 650,000 bpd site near Lagos for the first time...
3 Sep 2024
Germany's finance ministry has extended its trusteeship of Rosneft's German assets for another six months
3 Sep 2024
India's state-owned Oil and Natural Gas Corp. (ONGC) has initiated plans for a multibillion-dollar refinery and petrochemical project in Uttar Pradesh to capture the nation's growing fuel demand....
3 Sep 2024
A power outage in the Eurpoort area of Rotterdam shuttered both BP and Exxon's refineries Tuesday morning...