Gasoline

U.S. crude stockpiles rise as refineries begin maintenance

U.S. crude oil inventories rose last week as refineries headed into maintenance season, while gasoline stocks fell ahead of the long Labor Day weekend, data from the Energy Information Administration showed.

Nigeria's Dangote refinery gasoline unit could be shut for 2–3 months

The unit has been shut since around August 29 after catalyst leaks.

AFPM: Will the ‘26-‘27 RFS ‘unleash’ affordable, reliable energy?

The Environmental Protection Agency is attempting to finalize the largest and most expensive Renewable Fuel Standard (RFS) mandate in history. This would significantly increase costs for American refiners and consumers.

India's ONGC to keep buying Russian oil if prices economical

Indian explorer Oil and Natural Gas Corporation said its refining units will continue to buy Russian oil if available at economical prices.

Europe distillates-diesel profit margins hold steady

Indian automakers say ethanol fuel hurts mileage but is safe, as motorists complain

India's roll-out of fuel blended with 20% ethanol will hurt a vehicle's mileage by 2%-4% but is safe to use, a lobby group representing the country's automakers said, aiming to assuage motorists' concerns in the world's third-largest car market.

Russia's idle oil refining capacity record high after Ukrainian drone attacks

Damage from Ukrainian drone attacks and extensive planned maintenance have sent Russia's offline oil refining capacity to a record high in August, though working sites are likely to spur output to help mitigate the impact.

China's carbon market to introduce absolute emissions caps from 2027

China will tighten its carbon trading market by introducing absolute emissions caps in some industries for the first time starting by 2027, China's cabinet said.

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.

U.S. EPA approves biofuel waivers for small refiners, stirring concerns over demand

The U.S. Environmental Protection Agency approved most of its backlog of requests by small oil refineries for biofuel law exemptions, raising concerns among biofuels advocates over a potential hit to demand.