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Diesel

Russia's June seaborne diesel exports rise amid growing output

Russia's seaborne diesel and gasoil exports are set to rise in June amid growing oil products output after refinery overhauls and sufficient stocks on the domestic market, data from traders and Refinitiv Eikon showed.

Bunge boosts oilseed dominance, renewable diesel potential with Viterra deal

Bunge's planned acquisition of Viterra would make the world's biggest oilseed crusher even more dominant and secure a larger role in the expanding renewable diesel industry, although it may face competition hurdles.

Global distillate stocks low despite industrial slowdown

Global distillate fuel oil cracks have strengthened slightly over the last month as inventories have not risen as much as expected given the scale of the manufacturing and freight downturn across the major economies.

Reliance suspends Sikka diesel exports due to cyclone

Reliance Industries , which operates the world's largest refining complex, has suspended exports of diesel and other oil products from India's Sikka port because of a cyclone off the west coast of the country, traders said.

Fuel subsidy removal to save Nigeria 'from going under', president says

Nigeria's new President Bola Tinubu said his decision to remove a popular petrol subsidy would impose an extra burden on citizens but this would free up money for education, regular power supply, transport infrastructure and healthcare.

Poland to take 2035 fossil fuel car ban to top EU court

Poland will appeal against European Union rules to end the sale of fossil fuel cars across the bloc from 2035 to the top EU court within days.

New York lawmakers weigh clean fuel standard as legislative session ends

New York lawmakers are considering legislation that would create the first market for low-carbon fuels on the U.S. East Coast in order to help the state reach its decarbonization goals.

India's May fuel consumption soars on robust manufacturing

India's fuel consumption surged in May with diesel sales scaling a record high, buoyed by strong factory activity in the third-largest oil consumer in the world.

U.S. diesel demand is falling despite economic growth

U.S. diesel demand will drop through 2024 despite growing economic activity, extending a recent break from tradition where demand for the freight fuel grows with GDP, the Energy Information Administration forecast.

Rio Tinto's California mine shifts trucks to run on renewable diesel

Rio Tinto Plc said it has converted trucks and other heavy equipment at its California mine to run on renewable diesel, reducing carbon dioxide emissions by 45,000 tons per year, or roughly the equivalent of 9,600 cars.