Gasoline
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.
Slovakia wins EU OK on Russian oil-based products sales to Czech Republic
The European Union has granted Slovakia a one-year extension on exporting fuels produced from Russian oil to the Czech Republic.
Elon Musk says oil and gas should not be demonized
Oil and gas should not be demonized in the medium-term, Elon Musk, the founder of electric car maker Tesla, but he also said it was important to reduce carbon emissions to preserve the planet.
- Holland America starts pilot tests using renewable fuels on cruise liner 5/3
- U.S. admin sets path for ethanol aviation fuel subsidies 5/3
- Ryazan refinery (Russia) hit by drone strike 5/3
- Novatek's new Ust-Luga condensate unit set for June testing 5/3
- Thiozen pilot successfully produces zero-emission H2 from sour gas waste streams 5/3
- Mexico's Pemex exported 20,000 bpd of crude, fuel to Cuba in H2 2023 5/3
