Diesel
Tide of diesel from the East imperils Europe's rally
LONDON (Reuters) — A recent rally in European diesel prices could be jeopardized by rising inventories in November as a raft of tankers sets sail from the East, reversing two months of stock declines following Hurricane Harvey.
Italy breaks up Libyan fuel smuggling ring involving mafia
ROME (Reuters) — Sicilian police on Wednesday sought the arrest of nine people, including a suspected mobster, for running a Libyan fuel-smuggling ring in which at least $35 MM of diesel was sold in gas stations in Italy and Europe.
India's BPCL sells its first low sulfur diesel cargo for export
SINGAPORE (Reuters) — Indian oil refiner Bharat Petroleum Corp Ltd sold a low sulfur diesel cargo through an export tender for the first time as its refineries upgrade units and due to higher inventory of the fuel, three industry sources said on Monday.
Opportunity or disaster? Traders see choppy waters due to shipping sulfur cap
LONDON (Reuters) — The world's top trading houses, among the most nimble entities in oil, say even they aren't sure how to stay a step ahead of a coming cut in shipping fuel sulfur.
Renewlogy joins Plastics-To-Fuel and Petrochemistry Alliance
WASHINGTON – The American Chemistry Council’s (ACC’s) Plastics-to-Fuel and Petrochemistry Alliance (PFPA) today announced that Renewlogy, formerly PK Clean, will become its newest member. Renewlogy, based in Salt Lake City, joins technology providers Agilyx, RES Polyflow, and Vadxx Energy in PFPA membership.
India cuts excise duty on petrol and diesel
NEW DELHI (Reuters) — India on Tuesday cut excise duty on petrol and diesel by two rupees a liter to protect retail consumers from higher global crude oil prices, the government said.
Puma Energy doubles fuel distribution in Puerto Rico after hurricane
MEXICO CITY (Reuters) — Puma Energy this week doubled its fuel sales to Puerto Rico's gas stations and industrial customers, aiming to ease long lines for gasoline and diesel that have persisted since Hurricane Maria struck earlier this month, a top executive said on Friday.
Industry Metrics
US product crack spreads surged amid refinery outages as Hurricane Harvey affected US Gulf Coast (USGC) refinery operations.
European sales of gasoline-powered cars overtake diesel
LONDON (Reuters) — Sales of gasoline-powered cars have overtaken diesel in the first half of this year for the first time since 2009, the European Automobile Manufacturers Association (ACEA) said this week.
Fuel imports, distribution in Puerto Rico starts to unclog
(Reuters) — Shipments of gasoline and diesel into Puerto Rico have resumed after Hurricane Maria, with ports restarting operations, though there were still long fuel lines around the island on Thursday, according to traders and Thomson Reuters tracking data.
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