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Gasoline

Global refinery margins fall to multi-year seasonal lows in September

Refinery margins for petroleum refiners across the world are shrinking, indicating reduced profitability from refining crude oil and selling petroleum products.

Phillips 66 agrees to sell interest in Switzerland-based joint venture

Phillips 66 has announced that its subsidiary, Phillips 66 Ltd., has entered into a definitive agreement to sell its 49% non-operated equity interest in Coop Mineraloel AG (CMA) to its Swiss joint venture partner.

China oil imports fall from a year ago for fifth month, newest refinery starts up

China's oil imports fell in September by 0.6% from a year earlier, as plants curbed purchases because of weak domestic fuel demand and narrowing export margins.

Russia's largest oil refinery lifts 9-month crude processing by 4%

The Omsk oil refinery, Russia's largest by production volumes, increased crude processing by 4% year-on-year in the January to September period thanks to a modernization of its facilities.

Iraq's Kerbala refinery non-operational due to maintenance

Iraq's Kerbala refinery is under extensive maintenance and has been non-operational since Sept. 25, knocking out 150,000 bpd of processing capacity.

ARA gasoline exports to West Africa hit multi-year lows in September

A Belgian law restricting exports of low-quality fuels and financial constraints among Nigeria's importers are squeezing sales of gasoline from Northwest Europe to West Africa, leaving buyers to explore other options until Nigeria's Dangote refinery is able to meet demand.

Singapore's middle distillates stocks snap three-week fall

Singapore's middle distillates inventories rebounded to a three-week high after falling for three consecutive weeks.

Update: U.S. crude oil inventories rise as refining activity dips

U.S. crude oil inventories rose last week as refinery utilization rates fell amid weakening fuel demand.

U.S. crude oil and gasoline inventories rise, distillates fall

U.S. crude oil and gasoline inventories rose while distillates fell last week, the U.S. Energy Information Administration (EIA) said on Wednesday.

Regulators approve Cerilon's $3.2-B GTL plant in North Dakota (U.S.)

North Dakota utility regulators have approved a $3.2-B gas-to-liquids plant project by Canadian company Cerilon, to be built near Trenton in Williams County. The plant will convert natural gas into higher-value products like diesel fuel and lubricants.