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Gasoline

Brazilian fuel sales show year-on-year decline

C-grade gasoline sales rose to 23,440 bbl from 21,400 bbl in March 2015, while diesel sales fell to 29,840 bbl in March from 31,540 bbl a year earlier, according to petroleum regulator ANP.

Refinery outages, stock draw boost US gasoline

Traders said the rise, which spread throughout the oil complex, stemmed largely from a report by energy intelligence firm Genscape of a 600,000-bbl draw in East Coast gasoline stocks last week.

Looming gasoline glut threatens global recovery in crude oil prices

Several major gasoline importing countries have started to export, as excess supplies of fuels overflow storage facilities and erode refinery profits.

Bulgaria continues raids in fuel pricing probe

Bulgarians complain of high fuel costs despite a plunge in global oil prices and a call by Prime Minister Boiko Borisov for the competition authority to speed up its market investigation.

Bangladesh to cut prices for gasoline, kerosene, diesel by up to 10%

Prices of petrol and 95-octane gasoline have now been reduced by 10 taka/liter and diesel and kerosene by 3 taka/liter, said Nasrul Hamid, junior minister for power, energy and mineral resources.

China’s Sinochem Hongrun sells first fuel export

Sinochem Hongrun, partly owned by state-run Sinochem Corp., sold a 35,000-ton cargo of 92-octane gasoline to trading house Trafigura, the sources said, and it was being loaded on Wednesday.

Chinese diesel exports rise over 300% from 2015

Gasoline exports rose 9.1% in March from a year earlier to 670,000 tons, while kerosene exports fell 7.4% on year to 1.03 million tons, the Chinese data showed.

US distillate fuel inventories post surprisingly huge drawdown

HP Editorial Staff: HP News Services

"Distillates are the standout bullish element of the report, and gasoline is the disappointment," said Matt Smith, commodity research director at energy data provider ClipperData.

Nigeria’s NNPC fights for more crude cargoes to exchange for gasoline

The dispute has delayed some of the country's monthly oil export programs and added to confusion over just how much crude Nigeria has at its disposal to exchange for gasoline.

European refining margins weakened in Q1: Total

Total said that its average refining margins in Europe had fallen to $35.1/ton in the first quarter of 2016, down from $38.1/ton in the fourth quarter of 2015.