Diesel
Russian railway gasoline exports fell by 80% in first half October
Russia's fuel export ban led to an 80% fall in railway exports of gasoline in the first 15 days of October from the same period in September to some 37,000 tons.
U.S. oil refiners crank out diesel, further squeezing margins for gasoline
U.S. oil refiners have cranked up output of diesel, heating oil and jet fuel for winter but are struggling to turn a profit because gasoline margins have fallen over 80% since the summer driving season ended.
China and India struggle to curb fossil fuels
China and India are burning record amounts of fossil fuels this year, even as they also install record renewable power generation capacity, highlighting the slow pace and enormous inertia to be overcome in the energy transition.
Diesel is subsidizing other fuels in Asia, but beware China
The profit for turning a barrel of crude oil into refined fuels in Asia has slipped to the lowest in three months, even though the margin on diesel remains elevated.
Russian seaborne diesel exports fell by 20% in early October
Russia's seaborne diesel and gasoil exports fell by 20% to about 1.1 million metric tons in the first 15 days of October from the same period in September due to ongoing seasonal maintenance of refineries and a fuel export ban.
Automakers blast U.S. plan to hike fuel efficiency rules
A group representing General Motors, Toyota Motor, Volkswagen and nearly all other major automakers sharply criticized the Biden administration proposal to drastically hike fuel efficiency requirements.
Nigeria buying fuel with cash, rather than crude, in post-reform shift
Nigerian state oil company NNPC has begun buying gasoline via cash tenders, rather than oil swaps, for the first time in nearly a decade.
Russia fuel exports jump in Sept despite OPEC deal, sanctions
Russian crude oil and product exports rose in September by as much as 460,000 bpd, the International Energy Agency estimated, despite Western sanctions and Moscow’s pledge to cut output in tandem with OPEC
Japan set to extend fuel, power subsidies to March 2026
Japan's government is set to decide to extend gasoline, natural gas and power subsidies to the end of March that were set to expire at the end of 2023.
Russia will never be seen as reliable energy supplier, U.S. energy official says
U.S. Assistant Secretary for Energy Resources Geoffrey Pyatt said Russia would never again be viewed as a reliable energy supplier, a day after Washington imposed fresh sanctions on Moscow because of its war in Ukraine.
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- Emerson announced the release of its new Rosemount 3144S temperature transmitter 8/19
- Chinese refiners sweep up Russian oil after Indian demand falls 8/19
- Indonesia plans quick-to-build oil refineries for U.S. crude 8/19
- Russia's ultra low-sulfur diesel exports from Primorsk scheduled to rise in August 8/19
