Diesel
Industry Metrics
US refinery utilization rates have increased in some areas following the peak of maintenance season.
Business Trends: Will India be Asia’s next downstream powerhouse?
The Asia-Pacific region dominates in the total number of active projects in all sectors of the downstream hydrocarbon processing industry. Just as China has seen unprecedented growth over the past decade, India is emerging as the globe’s new oil demand center.
Global Project Data
According to <i>Hydrocarbon Processing’s </i> Construction Boxscore Database, there were nearly 90 new project announcements from January 2015 to June 2015.
EIA: China diesel exports grow as refining industry, economy change
China is reforming its refining sector by liberalizing import and export restrictions on crude oil and petroleum products, allowing for increased competition in the domestic transportation fuels market.
Refining technology unveiled at Honeywell UOP India center
Pilot plant designed to develop advanced hydrocracking catalysts that can more efficiently produce higher yields of clean-burning diesel fuel from crude oil.
ExxonMobil to expand distillates output at Altona refinery in Australia
ExxonMobil Corp. plans to add 10 Mbpd of diesel and jet fuel production capacity at its refinery in Melbourne, Australia.
US fuel inventories tumble as refiners cut rates
Gasoline and distillate inventories also dropped more than expected, as refining rates fell, new data from the Energy Information Administration (EIA) showed.
Brazil exports diesel to Europe as patterns reverse
At least two 37,000-ton cargoes of diesel, on the tankers Torm Gunhild and MT Alexandros, have sailed in recent weeks from Brazil to Europe, according to Reuters ship tracking data and traders.
Growing gasoline, diesel glut sparks sharp sell-off in global oil markets
The sell-off came amid warnings that supplies could outpace global demand even during the peak summer driving season that traditionally kicks in at the end of May.
Brazil’s fuel consumption falls as economy shrinks
Brazil became one of the largest and fastest-growing oil consumers in the world, and the country's rapid growth was itself a source of upward pressure on oil prices. But consumption growth began to slow significantly from the middle of 2014 as the price of oil tumbled.
- Update: IATA airlines chief warns aviation industry falling behind on net-zero 4/7
- Improved recycling of plastic from packaging waste 4/7
- India not to raise petrol, diesel retail prices despite tax hike 4/7
- China teapot oil refiners improve run rates but demand woes, sanctions weigh 4/7
- U.S. refiners' shares hit near 2-yr lows as Trump tariffs spur fuel demand fears 4/7
- Update: India's fuel demand hits 10-month high in March 4/7
