Gasoline
Magellan Midstream to expand Texas refined petroleum products pipeline system
TULSA, Okla. — Magellan Midstream Partners, L.P. announced plans to expand its refined petroleum products pipeline system to handle incremental demand for transportation of gasoline, diesel fuel and jet fuel to central and north Texas markets.
China's Sinopec, Jiangxi Copper set up fuel retail JV
BEIJING (Reuters) — Jiangxi Copper Corp said on Wednesday it would set up a joint venture with the Jiangxi region branch of Chinese refining giant Sinopec to market oil products in the southeastern province of the country.
Florida braces for second fuel supply hit as Hurricane Irma approaches
(Reuters) — Fuel distributors and traders in Florida braced for a second supply shock as Hurricane Irma barreled toward the state on the heels of disruptions from Hurricane Harvey in Texas.
Shell opens first Mexico gas station, eyes up to $1 B investment
MEXICO CITY (Reuters) — Anglo-Dutch oil major Royal Dutch Shell opened its first gas station in Mexico on Tuesday, adding to a growing list of foreign-branded pumps in a market still dominated by the green-colored outlets of state-owned company Pemex.
Colonial Pipeline says Line 2 pipeline restarted
NEW YORK (Reuters) — Colonial Pipeline Co on Monday said it restarted one of its fuel lines shut because of Hurricane Harvey, with another line scheduled to restart on Tuesday.
EIA: Storm Harvey adds uncertainty to gas prices for Labor Day weekend
Hurricane Harvey has created considerable uncertainty for gasoline supply and prices, as the area affected by the hurricane is home to much of the nation's petroleum infrastructure. On Aug. 28, the US average retail gasoline price was $2.40/gal, the second-lowest price on the Monday before Labor Day since 2004. However, prices on that date do not yet reflect the full effects of Hurricane Harvey.
Storm Harvey opens up rare jet fuel exports from Europe to US
LONDON (Reuters) — Traders are shipping jet fuel from Europe to the United States, where Tropical Storm Harvey has sparked concern over possible shortages of the aviation fuel.
Latin America looks to Venezuelan fuel cargoes as Harvey swamps US
HOUSTON (Reuters) — After Hurricane Harvey roared into Texas, flooding oil refineries and crippling ports along US Gulf Coast, Latin American countries scouring the globe for other sources of fuel are zeroing in on a flotilla waiting to unload off the coast of Venezuela.
Retail US gasoline prices surge as Harvey keeps refiners shut
HOUSTON/NEW YORK (Reuters) — Retail US gasoline prices hit two-year highs and global shipping routes were scrambled as the nation's largest refiners remained shut on Friday, even as Storm Harvey lost strength.
China's July gasoline exports rose to third-highest level since 2000
BEIJING (Reuters) — China's gasoline exports in July rose 5.9% from a year ago to the third-highest monthly level since at least 2000 while diesel exports remained high, customs data showed on Wednesday.
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