http://www.hydrocarbonprocessing.com Hydrocarbon Processing http://hydrocarbonprocessing.com/news/2024/07/russia-may-reinstate-gasoline-export-ban-from-august-if-shortages-worsen/ Russia might decide to reinstate a gasoline export ban from August should there be supply shortages on the domestic fuel market. http://hydrocarbonprocessing.com/news/2024/07/india-eyes-energy-deals-with-rosneft-other-russian-companies/ India wants to strengthen its energy ties with Russia and could seek deals with Rosneft and other leading Russian oil firms as part of a broader push to boost bilateral trade. http://hydrocarbonprocessing.com/news/2024/07/brazils-petrobras-ups-gasoline-prices-7-first-hike-under-new-ceo/ Brazilian state-run oil company Petrobras announced its first gasoline price hike in almost a year, and also hiked the price of gas used for cooking and heating. http://hydrocarbonprocessing.com/news/2024/07/nigerias-nnpc-seeks-new-oil-backed-loan-to-boost-finances-debt-to-gasoline-suppliers-has-doubled/ Nigeria's NNPC is in talks for another oil-backed loan to boost its finances and allow investment in its business, its chief executive said, as pressure mounts on the state-backed oil company the economy depends upon. http://hydrocarbonprocessing.com/news/2024/07/indias-june-fuel-demand-edges-up-26/ India's fuel consumption rose by 2.6% year-on-year to 19.99 metric MMt in June from a year earlier. http://hydrocarbonprocessing.com/news/2024/07/africa-could-compete-in-fuel-exports-but-massive-investments-are-needed/ Africa could become a refined fuel exporter, with at least two top-notch refineries due to come on stream within the next five years, but it must overcome its dire infrastructure and a funding crunch. http://hydrocarbonprocessing.com/news/2024/07/us-awards-contracts-for-1-mmbbls-of-gasoline-sale-to-five-firms/ The U.S. Department of Energy said that five companies including British oil giant bp and Swiss commodity trader Vitol have been awarded contracts for the sale of 1 MMbbls of gasoline from the U.S.-managed stockpile in northeastern states. http://hydrocarbonprocessing.com/news/2024/07/as-nigerias-gasoline-debt-hits-6-b-some-traders-back-out/ Nigeria's debt to gasoline suppliers has surpassed $6 billion - doubling since early April - as state oil firm NNPC struggles to cover the gap between fixed pump prices and international fuel costs. http://hydrocarbonprocessing.com/news/2024/07/eia-us-crude-stocks-gasoline-and-distillate-inventories-fall/ U.S. crude stocks, gasoline and distillate inventories fell in the week ending June 28, the U.S. Energy Information Administration (EIA) said on Wednesday. http://hydrocarbonprocessing.com/news/2024/07/eia-increasing-us-gasoline-inventories-are-reducing-gasoline-prices/ Weekly U.S. average gasoline prices have declined $0.19/gallon (gal) since the 2024 high on April 22, falling to $3.48/gal on July 1, $0.05/gal less than the price a year ago. Increasing gasoline inventories, relatively weak demand and oil prices below recent peaks are all contributing to falling gasoline prices, according to the U.S. Energy Information Administration (EIA).