The global diesel market is bracing for a tumultuous period in 2024. Several factors, from geopolitical tensions to regulatory changes, are converging to create a perfect storm. This article will delve into these factors and […]
Authored by Charles Kennedy via OilPrice.com, India’s diesel exports loading for Europe hit a record high in September amid open arbitrage for westbound shipments, Reuters reported on Wednesday, citing tanker-tracking data and analysts. Last month, diesel cargoes […]
ENB Pub Note: Update from Ronald Stein, Author, Columnist, and Founder at PTS Advance. Please follow Ronald Stein and check out his book and his interview on the Energy News Beat Here: “The refinery issues […]
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 […]
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