Diesel
ExxonMobil to expand distillates output at Altona refinery in Australia
ExxonMobil Corp. plans to add 10 Mbpd of diesel and jet fuel production capacity at its refinery in Melbourne, Australia.
US fuel inventories tumble as refiners cut rates
Gasoline and distillate inventories also dropped more than expected, as refining rates fell, new data from the Energy Information Administration (EIA) showed.
Brazil exports diesel to Europe as patterns reverse
At least two 37,000-ton cargoes of diesel, on the tankers Torm Gunhild and MT Alexandros, have sailed in recent weeks from Brazil to Europe, according to Reuters ship tracking data and traders.
Growing gasoline, diesel glut sparks sharp sell-off in global oil markets
The sell-off came amid warnings that supplies could outpace global demand even during the peak summer driving season that traditionally kicks in at the end of May.
Brazil’s fuel consumption falls as economy shrinks
Brazil became one of the largest and fastest-growing oil consumers in the world, and the country's rapid growth was itself a source of upward pressure on oil prices. But consumption growth began to slow significantly from the middle of 2014 as the price of oil tumbled.
Newest US refinery cuts rates as market slumps
MDU Resources and Calumet, which jointly own the refinery, said on Wednesday the refinery is running at 75% capacity due to high operating costs and slipping demand for diesel.
Colder winter could save US distillate fuel market
The good news for refiners and heating oil suppliers is that winter 2016/17 will almost certainly be colder, boosting demand in the months ahead.
Catalytic coprocessing of used cooking oil with straight-run gasoil in a hydrotreating pilot plant
A promising route to obtain bio-gasoil (bioGO) or hydrotreated vegetable oil (HVO) is the catalytic coprocessing of vegetable oil with diesel oil in a conventional hydrotreating unit.
Industry Metrics
US refinery margins recovered as product markets were supported by strong domestic gasoline demand and temporarily tight sentiment fueled by the switch to summer-grade gasoline.
UAE to raise gasoline, diesel costs in May
The price of a liter of octane 95 gasoline will rise to 1.67 dirhams (46 US cents) at the start of next month from 1.51 dirhams. The domestic diesel price will increase to 1.60 dirhams from 1.56 dirhams.
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