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Gasoline

Iran's Revolutionary Guards seize two ships smuggling 1.5 MM liters of fuel

Naval forces of Iran's Revolutionary Guards have in recent days seized two Panama-flagged ships smuggling a total of 1.5 million liters of fuel.

Biden vows to cut U.S. gasoline prices

President Joe Biden vowed to get U.S. gasoline prices down, one day after a report showed consumer inflation surged by the most in 14 months due to higher energy costs.

Belarus' Lukashenko says Minsk ready to increase fuel shipments to Russia

Belarusian President Alexander Lukashenko told Russian President Vladimir Putin that Belarus has recently supplied 60,000 tons of diesel and 60,000 tons of petrol to Russia and is ready to further increase shipments.

Singapore middle distillates stocks near 6-month high despite exports

Singapore's middle distillates inventories hit a near six-month high, official data showed, as jet fuel/kerosene net exports were little changed despite rising gasoil net exports week-on-week.

OPEC says IEA estimate of peak fossil fuel demand by 2030 not 'fact-based'

The Organization of the Petroleum Exporting Countries said data-based forecasts do not support the International Energy Agency's projection that demand for fossil fuels would peak in 2030.

Putin says government did not act in time on high fuel prices

Russian President Vladimir Putin said in comments about high domestic fuel prices that the government had failed to react in time to the rising price of oil on global markets.

Europe set for light autumn refinery maintenance as fuel markets tighten

European oil refiners are set to have an autumn maintenance season less busy than usual as they try to capture higher profit margins amid low fuel inventories and robust demand for gasoline and diesel.

India makes clean energy push at G20 with global biofuel alliance

India announced the launch of a global biofuel alliance at a G20 summit in New Delhi to boost the use of cleaner fuels.

Marathon's Galveston Bay, Texas FCC remains shut

The gasoline-producing FCC at Marathon Petroleum's 593,000 bpd Galveston Bay Refinery in Texas City, Texas, remained shut.

Singapore turns net importer of gasoil this week; distillates stocks at 5 month high

Singapore's middle distillates stocks climbed to near five-month highs after official data showed the country flipped to becoming a net importer of gasoil for the week and as jet fuel/kerosene net exports fell.