Storage

U.S. propane inventories are well stocked heading into the winter heating season

Propane inventories reflect supply and demand balances. Propane demand is greatest in the winter months because propane is used as the main heating fuel in about 5% of U.S. homes, primarily in the northern parts of the Midwest and Northeast.

Update: Chevron's Los Angeles (U.S.) refinery down after large fire erupted in jet fuel unit

The El Segundo refinery is the second largest in California and Chevron's second-biggest refinery in the United States. The facility supplies a fifth of all motor vehicle fuels and 40% of the jet fuel consumed in southern California.

Canada pledges money, regulatory reform to boost biofuels

EIA: U.S. crude stocks, gasoline and distillate inventories rise

Crude inventories rose by 3.9 MMbbl to 424.6 MMbbl in the week ended September 5, the EIA said, compared with analysts' expectations in a poll for a draw of 1 MMbbl.

Iraq in talks with ExxonMobil on Asian refining capacities

Iraq's state oil company SOMO is in advanced talks with ExxonMobil over a possible agreement to secure storage capacity in Singapore using tanks owned by the U.S. oil major, as well as refinery capacity deals.

Ukraine says it attacks Russian refinery at Ryazan, oil depot at Luhansk

Ukraine attacked Russia's Ryazan oil refinery, the commander of its drone forces, Robert Brovdi, said on messaging app Telegram on Friday, as well as an oil depot in the occupied Luhansk region.

U.S. crude stockpiles rise as refineries begin maintenance

U.S. crude oil inventories rose last week as refineries headed into maintenance season, while gasoline stocks fell ahead of the long Labor Day weekend, data from the Energy Information Administration showed.

EIA: Crude and gasoline inventories fall, distillates rise

Crude inventories fell by 6 MMbbl to 420.7 MMbbl last week, the U.S. Energy Information Administration (EIA) said, compared with analysts' expectations in a poll for a 1.8-MMbbl draw.

China still storing crude oil even as refinery runs rise

Despite the decline in surplus oil, the key point is that refiners are still likely adding to stockpiles, which will allow them to trim imports should prices rise to levels they believe are not justified by market fundamentals.

U.S. crude oil and distillate inventories rise, gasoline stockpiles fall

U.S. crude inventories unexpectedly rose as imports increased, while gasoline stockpiles fell last week, the Energy Information Administration said.