Gasoil
EIA: U.S. crude inventories rise, fuel draws down amid ongoing maintenance
U.S. crude oil stockpiles rose and fuel inventories fell last week as seasonal refinery maintenance season ticked along.
Russia's seaborne fuel oil exports fall in February
Russia's seaborne fuel oil and vacuum gasoil exports dropped 15% in February from the previous month to around 3.3 MM tonnes (t) due to lower production, stormy weather, delayed loadings and drone attacks.
Russia's January seaborne diesel exports rise
Russia's seaborne diesel and gasoil exports rose almost by a quarter in January from December as traders sought to increase supplies before new U.S. sanctions come into effect and amid seasonal low domestic demand.
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
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- Cenovus refinery in Ohio (U.S.) plans to shut multiple units for six weeks of work 3/28
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- BASF starts up its first plant for recycled polyamide 6 3/27
