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GASOLINE EXPORTS
US refiners face historic stress test as global crisis loomsUS refineries are running near maximum capacity to fill global fuel shortages caused by the Iran war and disruptions in Russia. While this ...- The Hormuz crude volume debate masks the real shortage of refined fuelsThe oil market is focused on disputed estimates of crude flows through the Strait of Hormuz, but Asia’s refined fuel markets show clearer s...
- The Iran war energy crisis is just getting startedThe Iran war has severely impacted global oil refining, causing diesel and gasoline prices to remain elevated. Refined product prices have ...
- China boosts imports of Russian crude, stymieing India's refinersChina's growing demand for Russian crude oil is impacting India's supply. India's imports from Russia's European ports have significantly d...
- Indian, US fuel exporters reaping bonanza amid oil supply uncertainty due to warsIndia and U.S. oil refiners are benefiting from global fuel supply disruptions caused by wars in Iran and Ukraine, boosting refined fuel ex...
- Russia to receive almost 270,000 tons of refined fuel from Asia in August, data showsRussia is importing nearly 270,000 tons of refined fuels from Asia this August. These shipments are occurring via ship-to-ship transfers to...
- Oil edges up on uncertainty over exports through HormuzOil prices climbed for a fourth day due to supply uncertainty. Investors weighed conflicting messages from Tehran and Washington on the Str...
- US to announce steps to help refiners produce more fuel, energy chief Wright saysUS Energy Secretary Chris Wright announced steps to increase refinery fuel output soon. High gasoline prices are a concern for President Do...
- Russia receives Indian gasoline cargo as fuel shortages biteAt least one 68,000-tonne cargo of gasoline from India has entered Russia’s domestic market as Moscow responds to fuel shortages caused by ...
- Government fixes LPG production targets for refiners, Reliance gets largest shareIndia has set maximum LPG production targets for refineries and upstream companies. This move aims to build a domestic supply buffer after ...
- Iran defiant on strait as Trump tells Americans to accept high gas pricesIran has rejected US claims of control over the Strait of Hormuz and demanded Washington accept its conditions before shipping resumes. The...
- Oil inches toward $90 on tanker attacks, lack of progress in Iran war peace dealCrude oil futures experienced an upward trend on Friday due to disruptions from tanker attacks and the stagnation of peace talks. Brent cru...
- US refiners ramp up buybacks as Iran war boosts fuel marginsUS refiners Marathon Petroleum, Phillips 66 and Valero Energy reported combined second-quarter profits of $12.6 billion, benefiting from su...
- Ford to move production of some Lincoln models from China to USFord plans to move some Lincoln vehicle production from China to the United States. This significant shift is scheduled to begin in the yea...
- US July CPI seen rising moderately, Fed rate outlook in focusUS consumer prices are expected to have risen modestly in July, potentially easing market expectations of a Federal Reserve rate hike this ...
- Why the US-Iran war continues to disrupt oil marketsThe oil market is witnessing unprecedented volatility amid the intensifying US-Iran hostilities. Iran's surprising maneuver to shut down th...
- Trump expresses optimism about lower fuel prices as US-Iran move closer to potential deal on Strait of HormuzPresident Trump expressed optimism regarding negotiations over the Strait of Hormuz. He believes progress could lead to lower gasoline pric...
- India's fuel demand increased 2.9% in July, with gasoline and diesel sales showing strong growthIndia's overall fuel demand saw a 2.9% increase in July compared to last year. Gasoline consumption climbed 9.2%, while diesel usage rose b...
- US crude inventories rise as refinery runs ease and imports climb, EIA saysUnited States crude oil stocks increased by 2.5 million barrels last week. Refinery processing eased slightly, and crude imports saw a mode...
- China eases controls on fuel exports for a second monthChina has increased refined fuel export allowances for August, allowing 2.7 million tons to be shipped. This represents a rise from July's ...
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