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Gasoline

Brazil's energy minister hints at possible fuel price cuts

Brazil's Mines and Energy Minister Alexandre Silveira suggested that gasoline and diesel prices could soon be lowered in the country, where state-run oil giant Petrobras controls most of the refining capacity.

EIA: U.S. crude and gasoline inventories rise, distillates draw down

U.S. crude oil and gasoline inventories rose unexpectedly last week, while distillate stockpiles fell.

Indonesia's Pertamina seeks spot gasoline, including Singapore cargoes

Indonesia's Pertamina on Wednesday sought up to 1.5 MMbbl of 90-octane grade of gasoline, including supplies from Singapore, for delivery between July 20 and July 30 on a free-on-board basis in a spot tender.

Damaged unit of Iran's South Pars refinery back operating

A damaged unit of the South Pars refinery's Phase 14, which was hit by Israel in its first strike on Iran's oil and gas sector, has returned to operation, the Iranian state-run agency Nour News reported

Vietnam says its refineries not yet affected by Middle East tensions

Refineries in Vietnam are not being affected by the tensions in the Middle East at the moment, the Ministry of Industry and Trade said.

Update: Brazil raises biofuel levels, sees gasoline self-sufficiency

Brazil's National Energy Policy Council (CNPE) on Wednesday approved increasing the level of biofuels mixed into fossil fuels, a move towards gasoline self-sufficiency that was also celebrated by renewable energy lobbies after the government earlier hinted the blends would not be changed this year.

EIA: U.S. crude and fuel inventories fall on higher demand

U.S. crude oil and fuel inventories fell last week as refining activity and demand rose, the Energy Information Administration (EIA) said on Wednesday.

Wood to design upgrades at Ecopetrol refinery for cleaner fuels production

Wood has been awarded a contract by Colombia's majority state-owned oil company, Ecopetrol, to deliver the detailed engineering design for upgrades at its Barrancabermeja refinery in Colombia.

Pertamina is looking to import > 200,000/month of 90-octane gasoline

Indonesia's Pertamina sought 200,000 barrels per month of 90-octane grade of gasoline for July-September delivery.

Japan will mitigate potential gasoline price spike, prime minister says

Japanese Prime Minister Shigeru Ishiba said the government will act to mitigate any impact from a potential surge in gasoline prices due to the Middle East conflict, implementing a preventative measure starting June 26.

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