http://www.hydrocarbonprocessing.com Hydrocarbon Processing http://hydrocarbonprocessing.com/news/2025/07/iea-global-oil-market-may-be-tighter-than-it-looks/ The world oil market may be tighter than it appears despite a supply and demand balance pointing to a surplus, the International Energy Agency (IEA) said on Friday, as refineries ramp up processing to meet summer travel demand. http://hydrocarbonprocessing.com/news/2025/07/india-must-boost-its-petchem-output-to-counter-chinas-dominance-reliance-says/ India must increase its petrochemical production capacity to meet local and global demand and contain China's growing dominance of the sector. http://hydrocarbonprocessing.com/news/2025/07/gunvor-plans-to-halt-oil-terminal-activities-at-europoort-refinery/ Global commodities trading house Gunvor intends to mothball the terminal activities at its Europoort oil refinery in Rotterdam, Netherlands http://hydrocarbonprocessing.com/news/2025/07/us-crude-stockpiles-increase-gasoline-falls-on-july-4-driving-demand/ U.S. crude oil stockpiles rose unexpectedly last week, while gasoline drew down on the back of strong driving demand ahead of the July 4 weekend, according to the Energy Information Administration (EIA). http://hydrocarbonprocessing.com/news/2025/07/bps-440-000-bpd-refinery-in-whiting-indiana-us-reported-flaring-due-to-operational-conditions/ bp's 440,000-barrel-per-day refinery in Whiting, Indiana, on Monday reported flaring due to operational conditions, the company said. http://hydrocarbonprocessing.com/news/2025/07/uks-insolvent-lindsey-oil-refinery-secures-some-crude-supply-to-keep-running-for-now/ Britain's insolvent Lindsey oil refinery has secured some crude supplies to stave off immediate closure, the UK energy ministry said, but a source familiar with the situation said the agreement with supplier Glencore was limited. http://hydrocarbonprocessing.com/news/2025/07/brazils-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. http://hydrocarbonprocessing.com/news/2025/07/saudi-arabia-indonesia-sign-several-deals-worth-around-27-b/ Saudi Arabia and Indonesia signed several deals and memorandums of understanding worth around $27 B between private sector institutions in fields including clean energy and petrochemicals, Saudi state news agency SPA reported. http://hydrocarbonprocessing.com/news/2025/07/us-gulf-coast-fuel-oil-imports-at-record-low-as-refiners-opt-for-heavier-crude/ Fuel oil imports into the refinery hub on the U.S. Gulf Coast hit a record low in June as tighter global supplies prompted refiners to run more heavy, sour crude. http://hydrocarbonprocessing.com/news/2025/07/shell-flags-profit-hit-from-weakness-in-gas-trading-and-chemicals-business/ Shell expects quarterly earnings to be hit by weaker trading in its integrated gas division and losses at its chemicals and products operations, it said on Monday ahead of second-quarter results due on July 31.