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Gasoline

Singapore middle distillates stocks rise for fourth week to six-week high

Singapore's middle distillates inventories rose for the fourth straight week to a six-week peak as net exports of jet fuel slid further while those of diesel climbed.

EIA: U.S. crude, gasoline inventories rise, distillates draw down

U.S. crude oil and gasoline inventories last week rose more than forecast, while distillate stockpiles posted a larger-than-expected draw, the Energy Information Administration (EIA) said.

CB&I ships Viva Energy Modules from its Thailand fabrication facility

CB&I, a wholly owned unrestricted subsidiary of McDermott, has shipped three out of five process assembly unit (PAU) modules for Viva Energy Australia.

US refiner margins to stabilize next year as plant closures cut supply

U.S. refiner margins for gasoline and diesel will be relatively unchanged next year, the U.S. Energy Information Administration said, signaling relief for fuel producers who saw profits slump sharply since 2022 on slowing demand growth.

Germany blocks oil firms from using past emissions credits to support biofuel industry

The German cabinet approved reforms to restrict oil companies from carrying excess emissions reductions credits forward, in a step aimed at boosting the biofuel industry that was hit by a quick drop in carbon prices in recent years.

U.S. renewable fuel credits rally to multi-month highs

U.S. renewable fuel credits rose to multi-month highs on increased demand from refiners trying to comply with mandates and higher prices for soyoil.

Reformer of Venezuela's second-largest refinery halted for repairs

The naphtha reformer of Venezuela's second-largest refinery, the 310,000-bpd Cardon, has been halted for maintenance and repairs following an equipment malfunction last week.

Indonesia proposes increase in biodiesel mix to 50% in 2028

Indonesia's government is proposing to increase the mandatory blend of palm oil-based fuel in biodiesel to 50% in 2028, up from the present amount of 35%.

U.S. crude stocks, gasoline and distillate inventories rise

U.S. crude stocks, gasoline and distillate inventories rose in the week ending Nov. 1, the Energy Information Administration (EIA) said on Wednesday.

LyondellBasell to close Houston refinery (U.S.) in Q1 2025

Chemical maker LyondellBasell Industries detailed its long-announced plan to permanently shutter its 263,776-bpd  Houston oil refinery in the first quarter of 2025, shutting the facility's CDU and coker train in January, followed by the shuttering of the second CDU-coker production train, which supplies the gasoline-producing FCC and ancillary units, ending motor fuel production