Clean tanker demand drop weighs on US Gulf rates
New York, 24 May (Argus) — A sharp drop-off in tonne-mile demand for US Gulf coast medium range (MR) clean tankers so far this year has pressured freight rates for the segment to the lowest […]
New York, 24 May (Argus) — A sharp drop-off in tonne-mile demand for US Gulf coast medium range (MR) clean tankers so far this year has pressured freight rates for the segment to the lowest […]
Authored by Tsvetana Paraskova via OilPrice.com, North African countries are buying significantly more Russian fuel following the EU ban. Signs are emerging that some of those products could be headed for re-export to Europe. Morocco […]
February 23, 2023 Data source: U.S. Energy Information Administration, federal and state motor fuels taxes table Note: Tax rates increased by $0.001/gal in Arkansas and by $0.0005/gal in Missouri. These states are not shown because […]
Europe has imposed a ban on Russian diesel fuel and other refined oil products, slashing energy dependency on Moscow and seeking to further crimp the Kremlin’s fossil fuel earnings as punishment for invading Ukraine. Sunday’s […]
Exxon Mobil Corp. has set the cost of its planned Canadian renewable-diesel facility at C$720 million ($540 million) and said much of the fuel will be shipped to British Columbia to support the province’s emissions-reduction […]
Originally published on November 10, 2022 The US is experiencing a dangerous shortage of diesel fuel. Blame our anti-fossil-fuel politicians, who: Prevented us from importing Canadian oil well-suited to our refineries Prevented or shut down […]
LONDON, Dec 7 (Reuters) – European motorists could find Russian diesel in their tanks even after bans take effect because regulators lack tools to trace the origin of fuel when it has passed through other […]
A team of engineers at the University of New South Wales (UNSW) in Sydney has figured out a way to run a diesel engine on a mix of diesel and hydrogen, dramatically lowering its emissions. […]
When it comes to diesel, the European Union is caught between a rock and a hard place. That’s according to Rystad Energy’s Senior Vice President Mukesh Sahdev, who made the statement in a recent market […]
(Bloomberg) — US President Joe Biden is considering requiring oil companies to store more fuel inside the US as dwindling diesel stockpiles in the Northeast stoke concerns about price spikes this winter, Energy Secretary Jennifer […]
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