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Gasoline

Refining: Fuel processing vs. imports in East Africa: Will new refinery plans be realized?

Contributing Editor: Oirere, S.

Many analysts believe that Africa will remain a net importer of petroleum products for the foreseeable future. However, a few countries in the region have plans in place to build new refineries.

Industry Metrics

Hydrocarbon Processing Staff: Rhodes, Mike

US gasoline crack spreads continued to rally, but were offset by supply-side pressure as higher refinery runs contributed to increased inventories.

Petrobras to review diesel, gasoline prices more frequently

SAO PAULO (Reuters) — Brazilian state-controlled oil company Petróleo Brasileiro SA on Friday announced it will review diesel and gasoline prices more frequently, potentially even on a daily basis.

US thirst for European gasoline stalls, casting shadow on demand

LONDON (Reuters) — Europe's steady exports of gasoline to the United States have slowed substantially this year as tanks filled in the world's largest consumer nation and once-meteoric demand growth slowed.

Egypt raises fuel prices by up to 50% under IMF deal

CAIRO (Reuters) — Egypt on Thursday hiked fuel prices by up to 50% to help meet terms of a $12 B IMF loan deal, a sharper rise than expected by many struggling with soaring living costs and a further test of President Abdel Fattah al-Sisi's popularity.

Unipec, Vitol win tender to supply oil products to Bangladesh

DHAKA (Reuters) — Unipec and Vitol have won a tender to supply oil products to Bangladesh, two government sources with direct knowledge of the matter said on Wednesday.

EIA: US exports of crude oil, petroleum products more than doubled since 2010

US crude oil and petroleum product gross exports have more than doubled over the past 6 yr, increasing from 2.4 MMbpd in 2010 to 5.2 MMbpd in 2016. Exports of distillate, gasoline, propane and crude oil have all increased, but at different paces and for different reasons.

Demand to ship gasoline on top US pipeline at 6-yr low

NEW YORK (Reuters) — The operator of the biggest US fuel pipeline system said on Thursday demand to transport gasoline to the country's populous northeast is the weakest in six years, the latest symptom of a global oil market grappling with oversupply.

Petrobras revives plan for IPO of fuel distribution unit

SAO PAULO (Reuters) — Petróleo Brasileiro SA is reviving an initial public offering of fuel distribution unit BR Distribuidora to cut the Brazilian state-controlled oil company's debt and investment in low-return activities, Chief Executive Officer Pedro Parente said on Thursday.

EIA: US crude, petroleum product exports rising, trends vary across products

US total crude oil and petroleum product exports more than doubled from 2.4 MMbpd in 2010 to 5.2 MMbpd in 2016. While exports of distillate, gasoline, propane and crude oil have all contributed to the increase, growth rates and market drivers for each product have varied during this period.