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Gasoline

Explorer fuel pipeline at reduced rates until at least mid-week

NEW YORK (Reuters) — Explorer Pipeline Co, which hauls fuel from the Gulf Coast to the US Midwest, said on Monday it will continue to operate at reduced rates until permanent repairs are complete on its line from Houston to Glenpool, Oklahoma.

South Africa's petrol, diesel prices to increase in November

JOHANNESBURG (Reuters) — The retail price of petrol and the wholesale price of diesel in South Africa will increase from Wednesday due to a weakening of the rand against the dollar, the energy department said on Sunday.

Nigeria's gasoline price cap hurting industry, costing economy

LAGOS (Reuters) — Nigeria must remove its gasoline price cap to prevent shortages, enable investment and keep the government from using valuable resources to import fuel, delegates at the OTL Expo in Lagos said on Wednesday.

Green groups pressure automakers on US fuel efficiency rules

WASHINGTON (Reuters) — The Sierra Club, Greenpeace USA and Public Citizen and other environmental and consumer advocacy groups plan to turn up the pressure on Wednesday in their campaign to stop automakers from lobbying the Trump administration to weaken fuel efficiency requirements.

Bangladesh set to sign 15-yr gasoil import deal with India

DHAKA (Reuters) — Bangladesh Petroleum Corp (BPC) is set to sign a 15-yr deal with Indian oil refiner Bharat Petroleum Corp Ltd (BPCL) to import gasoil to meet the country's energy demand, two company officials with the direct knowledge of the matter said.

Opportunity or disaster? Traders see choppy waters due to shipping sulfur cap

LONDON (Reuters) — The world's top trading houses, among the most nimble entities in oil, say even they aren't sure how to stay a step ahead of a coming cut in shipping fuel sulfur.

Total enters the petroleum product retail sector in Mexico

PARIS — Total has entered into an agreement with GASORED, a group of service station owners, to rebrand a network of around 250 service stations in and around Mexico City under the Total brand.

EIA: US household gasoline spending expected to remain below $2,000 in 2017

The average US household expenditure on gasoline in 2017 is expected to total $1,977, or approximately 2.4% of mean incomes of households, according to projections in EIA’s most recent Short-Term Energy Outlook (STEO).

India cuts excise duty on petrol and diesel

NEW DELHI (Reuters) — India on Tuesday cut excise duty on petrol and diesel by two rupees a liter to protect retail consumers from higher global crude oil prices, the government said.

EIA: State taxes on gasoline in 2017 up 4.5% from 2016

In EIA’s latest update of state gasoline and diesel fuel taxes data, the simple average of taxes and fees on gasoline levied by the states and the District of Columbia in effect as of July 1, 2017, was 27.9 cents per gallon (cents/gal), up 4.5% from the same time last year.