Diesel
Flurry of vessels booked from Mideast to Europe after Dutch refinery outage
SINGAPORE (Reuters) — Oil traders are rushing to secure vessels to ship refined fuel from the Middle East to Europe after a Dutch refinery outage made the route profitable, pushing freight rates to multi-month highs, traders and shipbrokers said on Thursday.
Brazil fuel, lubricant imports surge 57% in July
RIO DE JANEIRO (Reuters) — Brazil's fuel and lubricant imports shot up 57.3% in July from the same month in 2016 to $1.522 B, government data showed on Tuesday.
German ministers and carmakers meet to 'save diesel'
BERLIN (Reuters) — German politicians and car bosses agreed on Wednesday to overhaul engine software on 5.3 MM diesel cars to cut pollution and try to repair the industry's battered reputation.
Industry Metrics
High refinery runs contributed to high inventories, pressuring US product markets despite healthy summer driving season demand.
ADNOC finalizes July 2017 to June 2018 diesel term contract
SINGAPORE (Reuters) — Abu Dhabi National Oil Company has finalized its July 2017 to June 2018 diesel term contract at a higher premium than an earlier contract it signed, traders said on Tuesday.
Asia traders consider sending diesel, jet fuel to Europe after Dutch refinery fire
SINGAPORE (Reuters) — Traders in Asia are considering shipping diesel and jet fuel to Europe after a fire at that region's largest oil refinery disrupted supplies and boosted fuel margins, five traders and shipbrokers said on Tuesday.
EPA, Oregon DEQ reach agreements with Eugene company for diesel spill
(SEATTLE) — The Oregon Department of Environmental Quality and the US Environmental Protection Agency combined efforts to protect Spoon Creek, a small stream midway between Salem and Eugene along the I-5 corridor, from a February 2016, spill of red dyed diesel fuel. The joint cleanup and enforcement action has culminated in two separate agreements with the Jerry Brown Company, Inc., a petroleum distribution company based in Eugene.
China diesel demand expected to return to growth as economy improves
SINGAPORE (Reuters) — Chinese demand for diesel will rise again this year after contracting for the first time in over a decade in 2016, buoyed as the world's No.2 economy shows signs of growth, traders and analysts said.
Pakistan oil and gas regulator says 50% of fuel tankers fail safety standards
ISLAMABAD (Reuters) — Pakistan's oil and gas regulator said on Thursday that nearly 50% of fuel tankers in the country do not meet safety requirements, a day after the tanker association ended a strike protesting the enactment of stricter safety standards.
Shell sees oil demand peaking by late 2020s as electric car sales grow
LONDON (Reuters) — The world's oil consumption could peak as early as the end of the next decade as electric vehicles become more popular, Royal Dutch Shell Chief Executive Ben van Beurden said on Thursday.
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