Fuel Oil
EIA: U.S. transportation fuel demand remains below pre-pandemic levels
Five years after the COVID-19 national emergency was declared, gasoline demand, distillate demand and jet fuel demand all remain less than pre-pandemic averages.
Saudi Arabia and India were biggest buyers of Russian fuel oil, VGO in July
Since the European Union's full embargo on Russian oil products took effect in February 2023, Middle Eastern and Asian countries have become the main destinations for Russia's fuel oil and VGO supplies.
U.S. crude oil and distillate inventories rise, gasoline stockpiles fall
U.S. crude inventories unexpectedly rose as imports increased, while gasoline stockpiles fell last week, the Energy Information Administration said.
Dangote Refinery cuts fuel price before planned sales to local Nigerian market
The latest price cut from 850 naira, effective from Aug 12, comes as the company targets fuel supply directly to retail stations, manufacturers, telecoms firms, and other large users, to boost supply of its products.
Russia's Ryazan oil refinery halves refining capacity after drone attacks
According to sources, two primary oil refining units were stopped following the drone attacks - CDU-3 with a capacity of 8,600 tonnes (t) per day, and CDU-4 with a capacity of 11,400 tpd.
Russia's Novokuibyshevsk oil refinery halts operations after drone attacks
That was the first time a major Russian refinery had been attacked by a drone since March 2025.
Pengerang Terminals to provide storage and handling facilities for biorefinery feedstocks and products
Pengerang Terminals has signed a terminal usage agreement with Pengerang Biorefinery Sdn. Bhd (PBSB), paving the way for PT2SB to provide storage and handling facilities for PBSB’s feedstocks and products.
U.S. crude stocks and distillate inventories rise, gasoline inventories fall
U.S. crude stocks and distillate inventories rose while gasoline inventories fell in the week ending July 25, the Energy Information Administration (EIA) said.
CEO of Russia-backed Indian refiner Nayara resigns after EU sanctions
The reshuffle at the top is the latest disruption for the company since the EU announced a new round of sanctions last Friday directed at Russia over its war in Ukraine.
Oil prices rise after new EU sanctions on Russia
The EU reached an agreement on an 18th sanctions package against Russia over its war in Ukraine, which includes measures aimed at dealing further blows to Russia's oil and energy industries.
- Air Canada and Airbus launch joint initiative to scale domestic Canadian SAF 8/3
- Purdue Biofuels Consortium to bring biodiesel and ethanol blends to diesel engines 8/3
- Convertus closes on $135-MM financing for flagship biofuel facility in Ontario, Canada 8/3
- New process turns mixed plastic waste into hydrogen fuel without sorting 8/3
- Opinion: Iran war ushers in oil refining golden era—it won’t last 8/3
- bp completes sale of Gelsenkirchen refinery as overhaul continues 8/3
