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Gasoline

US gasoline, distillate stocks fall as run rates rise

Refinery crude runs rose by 414,000 bpd and refinery utilization rates rose 2 percentage points to 90.4% of total capacity, the highest rate seasonally since 2005.

US, Indian gasoline demand boosts outlook for oil

Hedge funds have turned very bullish about the outlook for oil prices based on indicators showing strong gasoline demand in the US and India.

Oil price war scares sense of US energy security

Imports will almost certainly increase further over the remainder of the year as refineries ramp up production to meet record gasoline consumption and US crude output continues to decline.

EU clears Statoil to buy Shell’s Danish fuels unit

The European Commission had been concerned that the deal could have led to Danish consumers paying more for their fuel, diesel, gasoline and light heating oil.

US gasoline inventories fall as refiners cut rates

Refinery crude runs fell by 176,000 bpd, while utilization rates dropped by 0.6 percentage points. Gasoline stocks fell by 4.6 million bbl, well above expectations for a 1.5-million bbl drop.

Britain sees first sustained improvement in fuel consumption since 2007

More traffic is resulting in the first sustained increase in fuel consumption since 2007, a development welcomed by refiners and retailers but which complicates the government's climate plans.

US on track for record summer gasoline demand

Recent data indicates the country is on track for its biggest-ever driving season this summer, which will keep refineries running flat-out turning crude into the motor fuel.

Nigeria turns to crude swaps to ease domestic gasoline shortages

While the country is Africa's biggest oil producer, it is almost entirely reliant on imports for oil products, especially gasoline, after successive governments allowed its refineries to fall into disrepair.

India’s thirst for gasoline drives global oil demand

With other parts of the global economy struggling, continued growth in gasoline consumption in India has become one of the most important indicators for global oil prices.

Crude sets new 2016 highs as US expects strong summer fuels demand

"We are leaving the period of low demand and starting to move toward the period when demand increases over the summer," said Olivier Jakob, oil market analyst at Petromatrix in Switzerland.