The fall refinery maintenance season in the US is shaping up to be the heaviest since before the Covid-19 pandemic forced plants to slash rates and delay all but emergency work. Nearly 2.5 million barrels […]
The Chinese government has told the country’s major oil refiners not to expect any more fuel export quotas this year, according to people with knowledge of the matter. The state-owned processors and fuel suppliers understand […]
Moscow is proposing a number of additional measures to resolve the crisis on the domestic oil products market on top of the gasoline and diesel export ban introduced last week. Russian Deputy Prime Minister Alexander Novak, at […]
In 2012, the retail price of gasoline was about 30 cents higher in California than in the rest of the country. This difference rose to well over $2 per gallon earlier this fall, when gasoline […]
Data source: Kpler tanker tracking data (accessed August 2023) Kuwait’s oil exports are shifting from crude oil to refined petroleum products following the addition of new refining capacity, according to data in our recently updated Country Analysis […]
NewsRussia-Ukraine war Ukraine and Russia launched waves of drone attacks overnight with reports of a fire at an oil refinery in Ukraine’s Poltava region and four Ukrainian unmanned aerial vehicles (UAVs) being shot down over […]
WASHINGTON, Sept 13 (Reuters) – The U.S. Energy Department has talked to oil producers and refiners to ensure stable fuel supplies at a time of rising gasoline prices, Jared Bernstein, head of the White House […]
Over the past 3 years, we have often said that with the Biden administration’s unprecedented and bizarre belligerence toward the US E&P sector, where even Rabobank notes tongue-in-cheek that the Fed is purposefully selling oil to keep […]
By Tsvetana Paraskova of Oilprice.com Amid refinery maintenance and rising domestic fuel prices, Russia is set to cut its diesel exports from its ports on the Baltic and Black Seas by nearly 25% in September […]
The finalisation of Oman’s Duqm refinery complex is a strategic step for China and Iran. The 230,000-bpd Duqm refinery project is crucial in China’s plan to build up a petrochemicals presence in the Middle East. […]
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