Diesel
China's Sinopec plans steady refinery output on fuel recovery
Chinese refining giant Sinopec Corp plans to maintain steady refinery output during the second half of 2023 as domestic fuel demand recovers, after reporting a 20% decline in interim profit because of lower crude oil prices.
India diesel exports to Singapore set for highs in Aug, drop for Europe
India's diesel exports to Singapore are set to hit a 19-month high in August and exceed 330,000 metric tons, boosted by cheaper freight costs and low inventories in the Asian oil hub, traders and analysts said.
Total spending on fuel subsidies topped $7 T in 2022, IMF says
Global subsidies for fossil fuels rose by $2 T over the past two years to reach a record $7 T in 2022, according to new estimates from the International Monetary Fund.
Los Angeles (U.S.) refineries mostly unaffected by Hurricane Hilary
The five refineries in Los Angeles, California (U.S.) came through Hurricane Hilary's wind and heavy rain mostly unaffected.
China's July diesel exports surge amid strong margins, weak domestic recovery
China's exports of fuel products more than doubled in July from a year earlier, data showed, as refiners maintained high run rates and took advantage of strong export margins.
EU to probe if Indonesia circumventing biodiesel import duties
The European Union said it had launched an investigation into whether Indonesia was circumventing EU duties on imports of biodiesel originating in the country by going through China and Britain.
Singapore's middle distillates stocks rise as imports from India emerge
Singapore's middle distillates inventories clawed back earlier weeks' of losses and rose on higher gasoil imports, with Indian-origin cargoes arriving for the first time in more than three months.
Summer Midwest distillate inventories rise amid high production and transit constraints
Midwest distillate inventories increased rapidly in June and early July due to increased regional refinery production and limitations on moving distillate and other products outside the region.
U.S. gasoline prices at year high, tight supply weighs on motorists
U.S. motorists hoping to squeeze out one last trip before the Labor Day holiday and school begins are finding pump prices that have surged to their highest level this year on tighter gasoline supplies.
Indonesia launches WTO dispute over EU duties on biodiesel imports
Indonesia has requested World Trade Organization dispute consultations with the European Union regarding the bloc's imposition of duties on imports of biodiesel from the Southeast Asia nation.
- ExxonMobil plans 1 Blbs/yr of advanced recycling by 2027 11/22
- Gauging the likely Trump effect on U.S. energy and power sectors 11/22
- Russia's Lukoil restoring cracker at NORSI refinery, gasoline output rising 11/22
- Nigeria's local currency crude sales fall short of target, Dangote refinery says 11/22
- U.S. October gasoline imports hit post-pandemic low on slump in European shipments 11/22
- Clean Hydrogen Works awards McDermott FEED contract for Ascension Clean Energy (ACE) project 11/21
