Gasoline
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.
French unions block fuel depots in protest against labor reforms
PARIS (Reuters) — French trade unionists blocked access on Monday to several fuel depots in protest against an overhaul of employment laws, seeking to test the government's will to reform the economy.
EPA approves emergency fuel waiver for Florida
WASHINGTON — US Environmental Protection Agency (EPA) Administrator Scott Pruitt approved a request from Florida Governor Rick Scott for an emergency fuel waiver in order to ensure an adequate supply of diesel fuel across the state for ongoing response efforts to Hurricane Irma.
Venezuelans face growing queues to buy gasoline
PUERTO ORDAZ, Venezuela (Reuters) — Venezuelan drivers are facing growing queues to buy gasoline despite having the world's largest oil reserves, adding to the OPEC country's woes as its refineries sputter and its socialist economic system crumbles.
S.Korean fuel oil exports to China rise, dent shipments from Singapore
SINGAPORE (Reuters) — Two South Korean refiners are exporting excess cargoes of residual fuel oil to nearby China, displacing some Singaporean sales of the commodity which can be used in ships and power stations, three trade sources said.
EIA: Changing quality mix affecting crude oil price differentials, refining decisions
Growth in global liquid fuels supply since March 2017 has been driven by increases in the production of historically higher-priced light crude oils. This growth has more than offset recent declines in the production of medium and heavy crude oils. As these production trends continue, price differences between certain crude oils are narrowing, and refinery operation decisions are changing.
Energy contract lawsuits expected to jump in Harvey's wake
HOUSTON (Reuters) — Lawyers expect a spate of force majeure contract lawsuits after Hurricane Harvey tore through Southeast Texas and parts of Louisiana last month, paralyzing a fifth of US fuel output and pushing some oil production offline.
New Zealand jet fuel rations increased as govt calls in navy to beat shortage
WELLINGTON (Reuters) — New Zealand will partially ease fuel rationing on Thursday night, a spokesman for the country's oil industry said, a sign that the five-day long fuel shortage that has caused air travel disruptions is subsiding.
New Zealand's fuel shortage hits more flights and petrol stations
WELLINGTON (Reuters) — New Zealand's jet fuel shortage on Tuesday forced 39 flights to be cancelled, 13 of them international, with concerns the fuel crisis may spread after fuel stations in the country's largest city Auckland halted high-octane gasoline sales.
Japan's rural elderly reverse gas station closures
TOKYO (Reuters) — In Shimukappu, a village on Japan’s northern island of Hokkaido and home to a popular skiing resort, residents are to reopen the sole gas station in the area, which closed 4 yr ago as sales declined.
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