Gasoline
El Nino’s end offers hope for distillate fuel markets
Global oil refiners struggling with enormous stocks of distillate fuel oil as a result of a warm winter and the slowdown in world trade should benefit as the El Nino pattern fades.
US refiners lose control of distillate stockpiles
US refineries have operated to maximize gasoline production, but in the process created an enormous and growing oversupply of distillate.
Azerbaijan’s Socar aims to restart Iran fuel trades
Possibilities include trading refined products with Iran in the Gulf, where one option is to supply Iran with gasoline and to buy naphtha and liquefied petroleum gas (LPG).
US finds possible bottom in gasoline market
After tumbling to their lowest levels since 2003 amid a global glut, oil prices have stabilized in recent weeks, and demand for gasoline has risen. That could point to higher prices to come.
IHS CERAWeek: Mexico to expedite new rules enabling fuel imports
President Enrique Pena Nieto is pushing forward the gradual opening of the country's retail fuel sector, with private firms able to import gasoline and diesel beginning in April.
US gasoline demand surges as cheaper prices spur record driving
Steadily declining gasoline prices and a growing number of jobs have encouraged record driving use in the US, which accounts for about 10% of gasoline demand globally.
Venezuela to leave diesel prices unchanged after historic gasoline hike
"I decided to leave diesel as it is, not to touch diesel so that there's no problems with cargo or public transport," President Nicolas Maduro said in a televised broadcast.
Venezuela implements most significant gasoline price hike since 1989
The price hike, which translated to 1,329% for 91-octane-rated gasoline and 6,086% for 95-octane, still left fuel as one of the cheapest buys in the country.
Venezuela to raise fuel prices amid economic crisis
The first fuel price hike in nearly 20 years will boost the cost of gasoline by at least 1,329%. But fuel is still so heavily subsidized that filling a small car will still not cost more than half the price of a soft drink.
Thai refinery to use Axens’ reforming technology
For this specific project, detailed studies demonstrated that Axens’ technology solution was the most economically attractive option for a given reformate RON target.
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