Gasoline
Industry Metrics
US product markets improved, supported by higher export opportunities amid unexpected refinery outages.
China raises 1st batch of 2018 oil product export quotas by 30%
SINGAPORE (Reuters) — China raised refined products export quotas to its four state oil majors by 30 percent in the first batch of allowances for 2018, a document reviewed by Reuters showed on Thursday.
Demand to ship gasoline on Colonial Pipeline at 2-month low
NEW YORK (Reuters) — Demand to ship gasoline on Colonial Pipeline has sunk to a two-month low as Gulf Coast supplies are increasingly being exported or sent to the Midwest rather than to the New York harbor, three sources familiar with the matter said on Wednesday.
Hanwa and Integr8 Fuels added to Platts' Asia bunker MOC process
SINGAPORE (Reuters) — S&P Global Platts added Hanwa Singapore Pte Ltd and Integr8 Fuels Inc last week to its Asia Market On Close (MOC) assessment process for Singapore physical bunkers, the company said in a note seen on Wednesday.
Chinese customs seizes $13 MM worth of smuggled fuel
BEIJING (Reuters) — Chinese customs in Nanjing city has seized 12 Mt of smuggled fuel worth $12.98 MM, state news agency Xinhua reported on Monday.
Nigeria's state oil firm more than doubles fuel supply amid run on petrol
ABUJA (Reuters) — Nigeria's state oil firm said on Thursday it has more than doubled the daily supply of fuel for motorists to 80 MM liters, amid a run on petrol that has seen queues lasting hours at filling stations around the country.
TransMontaigne Partners acquires two refined product, crude oil terminals
DENVER — TransMontaigne Partners L.P. announced that it has completed the previously announced acquisition of the Martinez Terminal and Richmond Terminal from an affiliate of Plains All American Pipeline, L.P.
Nigeria's rush for petrol could save Europe's sagging margins
LONDON (Reuters) — Nigeria's rush to keep its citizens supplied with fuel is expected to boost purchases of European gasoline in December, offering a potential respite to European refineries and storage terminals threatened by an oversupply that has battered margins.
Tankers gather off PDVSA ports amid delays exporting fuel oil
HOUSTON (Reuters) — An accumulation of tankers waiting to load around Venezuelan ports has grown in recent days as state-run oil company PDVSA struggles to deliver fuel oil for exports, according to traders and Reuters vessel tracking data.
Vietnam fuel distributors to shift to ethanol blend this week
HANOI (Reuters) — Vietnam's biggest fuel distributors said they would complete a shift to an ethanol-blended product by Friday as part of a government program to promote a more eco-friendly fuel.
- ExxonMobil plans 1 Blbs/yr of advanced recycling by 2027 11/22
- Gauging the likely Trump effect on U.S. energy and power sectors 11/22
- Russia's Lukoil restoring cracker at NORSI refinery, gasoline output rising 11/22
- Nigeria's local currency crude sales fall short of target, Dangote refinery says 11/22
- U.S. October gasoline imports hit post-pandemic low on slump in European shipments 11/22
- Clean Hydrogen Works awards McDermott FEED contract for Ascension Clean Energy (ACE) project 11/21
