Diesel
India cuts excise duty on petrol and diesel
NEW DELHI (Reuters) — India on Tuesday cut excise duty on petrol and diesel by two rupees a liter to protect retail consumers from higher global crude oil prices, the government said.
Puma Energy doubles fuel distribution in Puerto Rico after hurricane
MEXICO CITY (Reuters) — Puma Energy this week doubled its fuel sales to Puerto Rico's gas stations and industrial customers, aiming to ease long lines for gasoline and diesel that have persisted since Hurricane Maria struck earlier this month, a top executive said on Friday.
Industry Metrics
US product crack spreads surged amid refinery outages as Hurricane Harvey affected US Gulf Coast (USGC) refinery operations.
European sales of gasoline-powered cars overtake diesel
LONDON (Reuters) — Sales of gasoline-powered cars have overtaken diesel in the first half of this year for the first time since 2009, the European Automobile Manufacturers Association (ACEA) said this week.
Fuel imports, distribution in Puerto Rico starts to unclog
(Reuters) — Shipments of gasoline and diesel into Puerto Rico have resumed after Hurricane Maria, with ports restarting operations, though there were still long fuel lines around the island on Thursday, according to traders and Thomson Reuters tracking data.
Brazil's Petrobras board approves listing fuel distribution arm
SAO PAULO (Reuters) — The board of Brazilian state-controlled oil company Petróleo Brasileiro SA voted to list its fuel distribution unit on the São Paulo Stock Exchange, according to a securities filing on Thursday.
US fuel exports recover after Harvey, offering buyers respite
LONDON/HOUSTON (Reuters) — Fuel exports from the US Gulf Coast have surged as refineries recover from weeks of disruptions due to Hurricane Harvey, offering respite to buyers in Latin America and Europe.
For desperate Puerto Ricans, fuel a precious commodity
SAN JUAN, PUERTO RICO/NEW YORK (Reuters) — Puerto Rico resident Marangelly Garcia waited eight hours for diesel to fuel her family’s generator on Monday, but the supply ran out before she got to the front of the line.
Argentina to suspend price controls on domestic fuel next month
BUENOS AIRES (Reuters) — The government of Argentina is planning to suspend a price-setting system for domestic fuel sales next month thanks to the recent rise in global oil prices, the country’s energy and mining minister said Monday.
Strong growth in fuel demand accelerates oil market rebalancing
SINGAPORE (Reuters) — Strong oil demand growth in emerging economies led by China and India but also from Europe is drawing down oil stockpiles faster than expected, putting the global market firmly on track to rebalance, senior industry executives said on Tuesday.
- Tecnofink and CorrosionRADAR partner to bring advanced CUI monitoring solutions to Brazil 5/19
- Phillips 66 greenlights new gas plant and fractionator projects, advancing integrated wellhead-to-market strategy 5/18
- OXEA and Air Liquide renew syngas and hydrogen supply agreement for Oberhausen site 5/18
- BASF boosts refinery catalyst innovation with new R&D center in Attapulgus, Georgia (U.S.) 5/18
- Aster and Puraglobe sign MoU to bring world-leading re-refining technology to Asia 5/18
- U.S. oil refiners finally profit from biofuels due to mandates, high fuel prices 5/18
