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 […]
WASHINGTON, Sept 21 (Reuters) – The ethanol and corn industries on Thursday slammed an advisory board to the U.S. Environmental Protection Agency for a draft report that found there could be little climate benefit to […]
Russia has temporarily banned the export of gasoline and diesel to all countries outside a group of four ex-Soviet states, aiming to stabilize its domestic fuel market, as supplies of diesel to the military surge. […]
Russia stunned global oil markets Thursday by announcing a temporary ban on exports of gasoline and diesel starting Sep. 21, in a bid by Moscow to stabilize volatile prices and supplies on the domestic market. […]
Rishi Sunak has announced a major U-turn on the government’s climate commitments as he promised to put his party on a more radical path in an attempt to close the gap with Labour before the […]
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 […]
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