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HomeGasoline

Gasoline

AI

Week Recap: Gas Prices Up, AI Thirsty

April 13, 2024 Andy Del Prado

Weekly Daily Standup Top Stories Why gas prices in California ‘have gone ballistic’ April 6, 2024 Stu Turley Gas prices have been on the rise nationwide, but for California drivers, they’ve skyrocketed in a short amount of […]

Russia
Crude Oil News

Russia forced to import fuel with up to 20% of its refining capacity knocked out

April 9, 2024 Mariel Alumit

EuropeTankers Telegram A new report from Oslo-based Arctic Securities estimates today that around 20% of Russia’s refining capacity has been knocked offline with as much as 3m more barrels per day at risk from increasingly […]

Exxon
Downstream

Exxon’s Expanded UK Refinery to Supply First Diesel in Early 2025

April 8, 2024 Mariel Alumit

While other international majors are closing down refineries or converting them to biofuel production, ExxonMobil is expanding its UK site and will start delivering diesel from the expanded Fawley refinery in early 2025. ExxonMobil is investing $1 […]

Gasoline Prices
Downstream

Why gas prices in California ‘have gone ballistic’

April 6, 2024 Stu Turley

Gas prices have been on the rise nationwide, but for California drivers, they’ve skyrocketed in a short amount of time. The Golden State’s average at the pump surged by $0.23 to $5.27 per gallon on Friday […]

Energy Transition
Climate Crisis

The Global Energy Transition’s Looming Valley of Death

April 5, 2024 Mariel Alumit

Influential voices have been urging the world to move full speed ahead on the energy transition. UN Secretary General Antonio Guterres has warned that without progress on climate, “people in all countries will pay a tragic […]

Petrol
Diesel

Petrol prices surge by 6p/litre in 2024

April 5, 2024 Mariel Alumit

The price of petrol has risen by almost 6p per litre since January, with a notable 2p increase recorded in March, reaching an average of 146.48p per litre, as reported by RAC Fuel Watch. Similarly, […]

EU
Energy Crisis

EU boosts gas purchases from Russia – Reuters

April 4, 2024 Mariel Alumit

The share of the fuel in the bloc’s overall imports amounted to 15% in 2023, calculations show The EU increased natural gas purchases from Russia in 2023, despite pledging to phase out all Russian fuel […]

global oil refining capacity
Downstream

More than 20% of global oil refining capacity at risk, analysis finds

March 28, 2024 Mariel Alumit

LONDON, March 28 (Reuters) – More than a fifth of global oil refining capacity is at risk of closure, energy consultancy Wood Mackenzie found in analysis published on Thursday, as gasoline margins weaken and the […]

gas
Downstream

Gasoline Prices Are High And Probably Going Higher

March 28, 2024 Mariel Alumit

Americans are feeling pain at the gas pump again, and consensus is rising that the pain won’t be easing anytime soon. If traders, analysts and industry executives are right, consumers could be looking back on […]

Port of Baltimore
Coal

What are the energy impacts from the Port of Baltimore closure?

March 28, 2024 Mariel Alumit

The collapse of the Francis Scott Key Bridge into the Patapsco River on March 26 has temporarily halted all shipping traffic from the Port of Baltimore. In this article, we examine implications for energy-related trade. […]

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