Gasoline
Update: U.S. House passes bill allowing year-round sales of E15 gasoline
The House on Wednesday approved the H.R. 1346 bill, or the Nationwide Consumer and Fuel Retailer Choice Act, by a vote of 218 to 203, which would allow fuel retailers to offer E15 year‑round, removing seasonal restrictions linked to smog concerns.
Nigeria fuel demand rises as Dangote drives near-full refining capacity
Average daily petrol consumption rose to 51.1 million liters, slightly above the 50 million liters benchmark levels, while diesel demand climbed to 17.3 million liters a day.
Lobbying battle intensifies as E15 ethanol bill nears U.S. vote
Both sides are lobbying Congress, with representatives from the Renewable Fuels Association, the American Petroleum Institute, and the Small Refineries of America meeting lawmakers on Capitol Hill on Monday and Tuesday.
Seven markets to track if peace breaks out in the Middle East
Here are key charts - across crude, products, shipping, gas, industrial commodities and equities - to gauge whether markets are pricing a temporary easing of tensions or a structural shift in global supply and demand if a peace deal emerges.
Asia exports of refined fuels plunge amid Hormuz closure
Exports of refined products such as jet fuel, diesel and gasoline fell to multi-year lows in Asia, the top energy consuming region and destination for about 80% of pre-war cargoes through the Strait of Hormuz.
EIA: U.S. crude and fuel inventories fall as Iran war roils energy markets
Fuel inventories also declined, as exports of petroleum products rose to their highest level on record.
Oil supply shock to worsen as inventories fall further even if conflict ends
Oil supplies are set to tighten further in coming weeks even if the U.S. and Iran agree on a peace deal to end their war because it will take weeks for oil shipments to resume from the Middle East Gulf and reach refiners worldwide - so oil companies will continue to deplete storage tanks to meet peak summer demand.
Australia commits $7 B to boost fuel stockpiles, create government reserve
The expanded stockpiles and reserve of around 1 B liters (264 MMgal) will ensure Australia holds at least 50 days of fuel onshore to shield the country from future supply shocks.
- Phillips 66 greenlights new gas plant and fractionator projects, advancing integrated wellhead-to-market strategy 5/18
- Commonwealth LNG gets green light to start construction of $13-B, 9.5-MMtpy LNG terminal 5/15
- ARENA to drive Australia's $1.1-B Cleaner Fuels Program 5/15
- Japan’s first green ammonia plant based on KBR’s K-GreeN process now fully operational 5/15
- Repsol's Chairman asserts the role of refining as a strategic industry for Spain and for Europe 5/15
- Hazer and Continental Renewable Ventures sign MoU to explore low-carbon fuels projects in Australia 5/15

