Gasoline
Industry Metrics
Refinery margins weakened in the US due to lower winter demand.
Annual US gasoline use hits eight-year high, but distillate demand drops
Overall, US gasoline demand was 9.2 million bpd in 2015, the most since 2007, US Energy Information Administration (EIA) data showed on Monday.
El Nino’s end offers hope for distillate fuel markets
Global oil refiners struggling with enormous stocks of distillate fuel oil as a result of a warm winter and the slowdown in world trade should benefit as the El Nino pattern fades.
US refiners lose control of distillate stockpiles
US refineries have operated to maximize gasoline production, but in the process created an enormous and growing oversupply of distillate.
Azerbaijan’s Socar aims to restart Iran fuel trades
Possibilities include trading refined products with Iran in the Gulf, where one option is to supply Iran with gasoline and to buy naphtha and liquefied petroleum gas (LPG).
US finds possible bottom in gasoline market
After tumbling to their lowest levels since 2003 amid a global glut, oil prices have stabilized in recent weeks, and demand for gasoline has risen. That could point to higher prices to come.
IHS CERAWeek: Mexico to expedite new rules enabling fuel imports
President Enrique Pena Nieto is pushing forward the gradual opening of the country's retail fuel sector, with private firms able to import gasoline and diesel beginning in April.
US gasoline demand surges as cheaper prices spur record driving
Steadily declining gasoline prices and a growing number of jobs have encouraged record driving use in the US, which accounts for about 10% of gasoline demand globally.
Venezuela to leave diesel prices unchanged after historic gasoline hike
"I decided to leave diesel as it is, not to touch diesel so that there's no problems with cargo or public transport," President Nicolas Maduro said in a televised broadcast.
Venezuela implements most significant gasoline price hike since 1989
The price hike, which translated to 1,329% for 91-octane-rated gasoline and 6,086% for 95-octane, still left fuel as one of the cheapest buys in the country.
- TA'ZIZ signs supply deal with the Sanmar Group to export chemicals to Egypt and India 11/12
- Clariant to provide CLARITY™ Prime digital services to SECCO Petrochemicals' 900,000-tpy ethylene plant 11/12
- Refiners confront twin challenges of demand disruption and decarbonization 11/12
- Al-Nasr Fertilizers Co., Benchmark and Envision Energy partner to build a 400,000-tpy green ammonia plant in Egypt 11/12
- German chemicals lobby VCI says no sector turnaround in sight after weak Q3 11/12
- IEA: World oil and gas demand could grow until 2050 11/12
