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Gasoil

Mexico's presidential front-runner aims to cut oil refinery waste

Mexico's presidential front-runner Claudia Sheinbaum plans to invest in state-owned Pemex' oil refineries to reduce the huge volumes of low-value fuels produced and instead boost the output of motor fuels.

Turkey, Brazil remain main importers of Russian seaborne diesel

Turkey and Brazil remain the main importers of Russian seaborne diesel and gasoil since the European Union sanctions banned the import of Russian refined products.

Singapore's middle distillates stocks dip slightly as net exports surge

Singapore's middle distillates inventories slipped by 4% from last week as net exports of diesel/gasoil and jet fuel/kerosene surged.

Singapore's middle distillates stocks hit highest in 2-1/2 years as exports dip

Singapore's middle distillates stockpiles surged by 8% week on week to hit a fresh high since September 2021 as net exports of both diesel/gasoil and jet fuel/kerosene slipped by 98% and 26%, respectively.

Refined fuels and oil prices: long positions decline as distillate sales stall price rally

Benchmark oil prices plateau as investors finish repurchasing bearish short positions, impacting refined fuels and U.S. natural gas with declining sales and a short covering rally, respectively.

Singapore's middle distillates inventories cross 10 MMbbl

Singapore's middle distillates inventories surged more than 1MMbbl week on week to more than a three-month high level despite gains in net exports for both jet fuel, kerosene, diesel and gasoil.

UAE's Fujairah January marine bunker sales rise to five-month highs

Marine bunker fuel sales at Fujairah port in the United Arab Emirates recovered to five-month highs in January, latest data showed, in line with stronger refueling demand globally following Red Sea events.

Uganda says it is in talks to import all its oil via Tanzania

Uganda is negotiating with Tanzania to import all of its oil products through Dar es Salaam, which would mean an end to imports via Kenya's Mombasa port.

Asia's gasoil east-west price spread at widest discount in over a year

Asia's gasoil front-month east-west price spread hit its widest discount in more than a year of almost $88 per metric ton on tightness in prompt Europe supply and high freight costs.

Russia's Tuapse oil refinery will not resume operations this month

Rosneft-owned Tuapse oil refinery on the Black Sea will not resume operations this month, at the very least.