Gasoil
Russian oil products trapped at sea by U.S. sanctions
Nearly 500,000 tonnes (t) of Russian oil products are trapped on tankers hit by U.S. sanctions.
Turkey and Brazil top buyers of Russian diesel
Turkey and Brazil remained the main importers of Russian seaborne diesel and gasoil last year amid the European Union's ban on imports of Russian refined products.
EIA update: U.S. crude stocks fall, gasoline and distillate inventories rise
U.S. crude stocks fell while gasoline and distillate inventories rose in the week ending December 27, the U.S. Energy Information Administration (EIA) said on Thursday.
Saudi Arabia was top buyer of Russian fuel oil and VGO in November
Saudi Arabia was the top destination for Russian sea-borne fuel oil and vacuum gasoil (VGO) exports in November, according to traders and LSEG data.
China's gasoline exports surge in November ahead of tax rebate change
China's gasoline exports rebounded in November to the highest level since August 2023, as exporters rushed to sell products before a cut in tax rebates came into effect this month.
Vitol agrees to acquire 66.84% of plastics recycling company WPU
Vitol B.V. has entered into a conditional agreement to acquire a controlling interest in Waste Plastic Upcycling A/S (WPU). On completion, which is subject to certain conditions precedent, Vitol will own 90.36% of the share capital of WPU.
China’s refined oil consumption peaked in 2023, CNPC says
China's refined oil consumption peaked in 2023 at 399 MM tonnes (t) (7.98 MMbpd) and is expected to fall 1.3% to 394 MMt in 2024, the CNPC Economics & Technology Research Institute said on Friday
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.
Russia's November seaborne diesel exports rise as production increases
Russia's seaborne diesel and gasoil exports rose in November on increased fuel production following a reduction in seasonal and unplanned refinery maintenance.
U.S. crude stocks fall, gasoline and distillate inventories rise
U.S. crude stocks fell while gasoline and distillate inventories rose last week, the U.S. Energy Information Administration (EIA) said on Wednesday.
- Trump to declare 'national energy emergency' to boost fossil fuels, power projects 1/20
- Russian fuel exports fall in 2024 as drone attacks, bans add to sanctions pressure 1/20
- India refiners ask ADNOC to offer oil delivered price as freight spikes 1/20
- China's 2024 low-sulfur marine fuel exports dip 1.6% vs. 2023 1/20
- Marathon restarts hydrotreater at Galveston Bay Refinery, Texas (U.S.) 1/20
- Sungrow Hydrogen wins supply contract for 320-MW green ammonia project in Oman 1/20
