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Diesel

EIA: US crude, petroleum product exports rising, trends vary across products

US total crude oil and petroleum product exports more than doubled from 2.4 MMbpd in 2010 to 5.2 MMbpd in 2016. While exports of distillate, gasoline, propane and crude oil have all contributed to the increase, growth rates and market drivers for each product have varied during this period.

Egypt sends fuel for Gaza's only power plant as Hamas links thaw

GAZA (Reuters) — Egypt sent fuel on Wednesday to the Gaza Strip's only power plant to help alleviate an energy crisis that has left the Palestinian enclave's two million residents with less than 3 hr of electricity per day.

Chinese state oil giants take petrol price battle to the pumps

LULIANG, China (Reuters) — Chinese state oil giants Sinopec and PetroChina are waging war at the nation's gas pumps, slashing prices at unprecedented rates in an effort to reclaim sales lost to private local and foreign rivals in the $440 B retail fuel market.

India's 2017 diesel imports may rise to highest since at least 2011

SINGAPORE (Reuters) — India's diesel imports this year may rise to the highest since at least 2011 as refiners shut down to upgrade their units to meet new fuel standards and as warmer temperatures spur demand, said five industry sources.

Brazil's Petrobras cuts gasoline and diesel prices

SAO PAULO (Reuters) — Brazil's state-controlled oil company Petroleo Brasileiro SA reduced on Wednesday its average prices at refineries by 2.3% for gasoline and 5.8% for diesel, the company said in a securities filing.

Chinese traders ship jet fuel from Singapore to Europe

SINGAPORE (Reuters) — Chinese traders are shipping jet fuel from Singapore to Europe even as domestic demand in China is set to strengthen during summer season air travel, industry sources said.

Munich, home to BMW, considers diesel ban to tackle pollution

FRANKFURT (Reuters) — Munich, home to carmaker BMW , has become the latest German city to consider banning some diesel vehicles amid "shocking" nitrogen oxide emissions in the Bavarian capital.

Mexico's Pemex fined $20 MM for anti-competitive fuel practices

MEXICO CITY (Reuters) — Mexico's antitrust watchdog has fined a division of state-owned oil company Pemex for failing to establish a competitive fuel market, the agency said on Monday.

China issues third set of fuel export quotas under processing scheme

BEIJING/SINGAPORE (Reuters) — China has issued 9.06 MMt of refined fuel export quotas under so-called processing trade terms in its third batch of quotas, two trading sources with knowledge of the matter said on Tuesday.

Irving Oil completes $20-MM expansion of St. John's Marine Terminal

ST. JOHN'S, NL — Irving Oil announces the grand opening of its St. John's Marine Terminal Expansion—a $20-MM investment that will improve harbor logistics and help position St. John's Harbor for future growth. The expansion adds a new fueling berth on Pier 23, adjacent to the company's existing facilities on Pier 24, doubling the number of vessels that can access marine gas oil (MGO) via pipeline at its Marine Terminal.