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Gasoline

Singapore's middle distillates stocks at 5-mth low on higher jet fuel/kerosene exports

Singapore's middle distillates stockpiles hit a five-month low as higher jet fuel/kerosene exports outweighed declines in gasoil/diesel exports.

India's fuel demand hits seven-month high in December

India's fuel consumption rose to a seven-month high in December to about 20.054 MMt, data from the Petroleum Planning and Analysis Cell of the oil ministry showed.

U.S. fuel inventories surge as refiners boost runs, post holiday lull

U.S. gasoline and distillate inventories posted large builds last week as demand slipped, while crude stocks fell more than expected.

Singapore fuel oil inventories hit about five-month highs

Onshore inventories of residual fuel rose to nearly five-month highs at key trade hub Singapore this week.

Saudi Arabian companies warn Aramco fuel price hike may curb earnings

Scores of Saudi Arabian companies said their earnings could be dampened this year as production costs will increase after state energy group Saudi Aramco notified them it would sharply raise feedstock and fuel prices.

Russian railway gasoline exports more than doubled in December

Russia more than doubled railway exports of gasoline in the first 17 days of December from the same period in November on lifted fuel embargo and rising production, while domestic demand is seasonally falling.

Venezuela's PDVSA to settle debt to Curacao's refinery with fuel supply

Venezuela's state-run Petróleos de Venezuela, S.A. will supply fuel to Curacao's refinery to settle debts left by the oil company after ceasing operations at the Caribbean island's facility in 2019.

U.S. refiners cut gasoline export prices on Panama Canal drought

U.S. Gulf Coast refiners have reduced gasoline export prices to their lowest since 2021 because restrictions on shipping through the Panama Canal have left exporters unable to send as much of the motor fuel to international markets.

China's Nov diesel exports down 44.9% on last year despite weak domestic demand

China's diesel exports in November were down 44.9% on last year at 1.16 MMt, as domestic demand remains above pandemic levels but faces continued headwinds from the country's property slowdown.

Bain-backed biofuels refiner ties up with China firm to source feedstock

Bain Capital-backed biofuels refiner EcoCeres has tied up with a waste management firm backed by the Chinese city of Shenzhen to source feedstock as it expands production of low-carbon fuels to meet fast-growing demand.