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Central America

U.S. refiners mull switch to alternative lighter crudes amid Trump tariff fears

Top U.S. refiners are poised to seek alternative sources for heavy, sour crudes, including running more domestic grades, as they await clarity around U.S. President Donald Trump's threatened tariffs on imports from the nation's top crude suppliers Canada and Mexico.

Baseblue launches new bunker fuel supply service in Trinidad

Baseblue has launched a new bunker fuel supply service at Point Lisas Port, Trinidad. The service will provide vessels with reliable and efficient fuel options, eliminating logistical challenges and enhancing operational efficiency. 

U.S. refiner Delek could run more light sweet oil if tariffs bite, CEO says

U.S. refiner Delek has the option to run more light, sweet crude oil if it is economical to do so, CEO Avigal Soreq said on Thursday, amid tariff uncertainty threatening supplies of heavy sour grades from Canada and Mexico.

Analysis: Trump's oil tariffs a boost for European and Asian refiners

U.S. President Donald Trump's trade tariffs on Canadian and Mexican oil imports will offer European and Asian refineries a competitive advantage against their U.S. rivals, analysts and market participants said.

U.S. Gulf Coast fuel oil imports hit record low as Latin America deliveries slow

Fuel oil deliveries into America's largest refining hub on the U.S. Gulf Coast fell to a record low in December, according to data from ship tracker Kpler, as Latin American supplies dried up.

Mexico's oil and gas output drops to lowest level all year in November

Mexico's production of liquid hydrocarbon and natural gas in November fell to the lowest levels recorded all year and was well below last year's averages.

Global diesel prices to rely on refinery closures for support in 2025

The global diesel market will likely find price support in 2025 from the closure of about 1% of refining capacity, traders and analysts said, offsetting current weakness and structural downward pressure as the world shifts to cleaner fuels.

Asia likely to benefit from cheaper Canadian, Mexican oil if Trump imposes tariffs

Oil producers in Canada and Mexico will likely be forced to reduce prices and divert supply to Asia if U.S. President-elect Donald Trump imposes 25% import tariffs on crude imports from the two countries.

Digital Exclusive: U.S. flip-flop jeopardizes global treaty to end plastic pollution

Rob Benedict, Vice President, Petrochemicals and Midstream, American Fuel and Petrochemical Manufacturers (AFPM), details the Biden administration's (U.S.) flip-flop on allowing individual countries to take their own path to tackle plastics pollution, and instead, wants universal plastic production caps and the banning of certain chemicals. Mr. Benedict details why this approach will only hurt the global objective to end plastic pollution.

Mexico's Pemex posts drop in oil production as Lopez Obrador exits

Crude output by Pemex fell in August as Mexico's national oil company failed to reduce fuel imports in line with company targets, while overall falling well short of the lofty energy trade goals of the country's outgoing president.

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