U.S.
U.S. summer driving season hits as gasoline supplies squeezed tight
Surging summer demand from American motorists has not stopped U.S. refiners from increasingly prioritizing lucrative diesel and jet fuel production to backfill global shortages caused by shipping disruptions at the Strait of Hormuz.
U.S. sanctions Cuban state oil company, adding obstacles for fuel imports
Washington has imposed sanctions on an array of Cuban entities and people, including the island nation's president, as it seeks to intensify pressure on Cuba's communist leaders.
Gulf Coast Midstream selects Audubon for FEED on Nash Energy Storage Hub
Audubon Companies has been selected by Gulf Coast Midstream Partners (GCMP) to provide front-end engineering and design (FEED) for the Nash Energy Storage Hub.
EIA: U.S. jet fuel production rises after prices doubled in March
Higher crude oil prices and supply concerns, particularly in Europe and Asia, which previously imported much of their jet fuel supply from the Persian Gulf, have driven up jet fuel prices.
U.S. oil exports surge, draining domestic crude inventories toward rock bottom
Cushing is among the largest oil storage hubs in the world. Oil levels in its tanks have fallen rapidly since the war began and Iran effectively closed tanker traffic through the Strait of Hormuz.
U.S. gasoline market set for fresh test after near-record stock draws
U.S. gasoline prices have already jumped by 50% to close to four-year highs since the U.S. and Israeli war against Iran began on February 28, and currently average around $4.33 per gallon.
- OXEA confirms final investment decision for major capacity expansion at plant 7/10
- TotalEnergies ships to Asia the first cargo produced by the ECA LNG plant 7/10
- ADNOC L&S expands LNG fleet with order for four new carriers 7/10
- India's ONGC plans to build 13-MMbbl national strategic oil reserve 7/10
- Russian refineries, oil terminal, tankers hit, Ukraine says 7/10
- Tajikistan says it has 60 days' fuel in reserve amid Russian supply crunch 7/10

