Gasoline
Russia authorizes refineries to lower gasoline environmental requirements to stave off fuel shortages
Ukraine has for months targeted Russian refineries, pipelines and fuel depots in an effort to curb Moscow's ability to finance the war on its neighbor.
China learns to live on less fuel, to the relief of oil markets
Gasoline sales at Sinopec, which runs China's biggest network of petrol stations and is the world's largest refiner, dropped 8% on-year in April while diesel fell 6%.
U.S. summer driving season hits as gasoline supplies squeezed tight
Surging summer demand from American motorists has not stopped U.S. refiners from increasingly prioritizing lucrative diesel and jet fuel production to backfill global shortages caused by shipping disruptions at the Strait of Hormuz.
India launches gasoline blended with 85% ethanol at lower price
Indian automakers have started launching flex-fuel vehicles that are compatible with the higher ethanol variant.
IEA forecasts chance of critically low stockpiles before peak summer demand
Fuel demand typically peaks in the Northern Hemisphere summer when people drive and fly on holiday.
- E.ON selects Capsol for carbon capture feasibility study in Norrköping 6/15
- Kent awarded construction management services contract in Angola 6/15
- China sets sights on heavy truck electrification in blow to diesel demand 6/15
- Fragile Iran deal offers oil relief, but Hormuz risks remain 6/15
- U.S. refiners can still absorb more Venezuelan oil, Energy Secretary Wright says 6/15
- Britain says full import ban on Russian diesel, jet fuel will happen by 2027 6/15
