Gasoil
Iran to boost gasoline, diesel production as new units go online
Jalil Salari, Managing Director, National Iranian Oil Refining and Distribution Company (NIORDC), provided an update on the country's refining units going online this year, which will significantly boost domestic gasoline and diesel production.
UAE's Fujairah March marine bunker sales hit highest in more than a year
Marine bunker fuel sales at the United Arab Emirates' Fujairah port hit their highest in more than a year in March 2024, buoyed by firmer global refueling demand after Red Sea shipping disruptions.
Mexico's presidential front-runner aims to cut oil refinery waste
Mexico's presidential front-runner Claudia Sheinbaum plans to invest in state-owned Pemex' oil refineries to reduce the huge volumes of low-value fuels produced and instead boost the output of motor fuels.
Turkey, Brazil remain main importers of Russian seaborne diesel
Turkey and Brazil remain the main importers of Russian seaborne diesel and gasoil since the European Union sanctions banned the import of Russian refined products.
Singapore's middle distillates stocks dip slightly as net exports surge
Singapore's middle distillates inventories slipped by 4% from last week as net exports of diesel/gasoil and jet fuel/kerosene surged.
Singapore's middle distillates stocks hit highest in 2-1/2 years as exports dip
Singapore's middle distillates stockpiles surged by 8% week on week to hit a fresh high since September 2021 as net exports of both diesel/gasoil and jet fuel/kerosene slipped by 98% and 26%, respectively.
Refined fuels and oil prices: long positions decline as distillate sales stall price rally
Benchmark oil prices plateau as investors finish repurchasing bearish short positions, impacting refined fuels and U.S. natural gas with declining sales and a short covering rally, respectively.
Singapore's middle distillates inventories cross 10 MMbbl
Singapore's middle distillates inventories surged more than 1MMbbl week on week to more than a three-month high level despite gains in net exports for both jet fuel, kerosene, diesel and gasoil.
UAE's Fujairah January marine bunker sales rise to five-month highs
Marine bunker fuel sales at Fujairah port in the United Arab Emirates recovered to five-month highs in January, latest data showed, in line with stronger refueling demand globally following Red Sea events.
Uganda says it is in talks to import all its oil via Tanzania
Uganda is negotiating with Tanzania to import all of its oil products through Dar es Salaam, which would mean an end to imports via Kenya's Mombasa port.
- Iran's Persian Gulf Mehr refinery scheduled for completion in early 2025 5/13
- Iran announces 15 petrochemical projects to expand domestic production to nearly 80 MMtpy 5/13
- Russia gained newer diesel trade partners in 2023 5/13
- NOVA Chemicals launches Canadian Center of Excellence for Plastics Circularity 5/13
- Iran to boost gasoline, diesel production as new units go online 5/13
- U.S. renewable diesel glut hits refiners' margins 5/13