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Gasoline

Nigeria's Dangote refinery set to deliver first fuel

Nigeria's newly operating Dangote refinery is due to deliver its first fuel into the local market within weeks in a key milestone toward long sought energy independence for Africa's top oil exporter.

U.S. crude stocks rise, gasoline and distillate inventories fall

U.S. crude stocks rose as oil refiners took in less oil, following extreme cold weather that knocked out utilization last month, the Energy Information Administration reports.

Russia's Tuapse oil refinery will not resume operations this month

Rosneft-owned Tuapse oil refinery on the Black Sea will not resume operations this month, at the very least.

Belgium could pass law targeting export fuel quality in late March

The Belgian government aims to pass a law tightening the quality of exported fuels in the second half of March as it targets a profitable trade of lower-quality gasoline and diesel from Northern Europe to West Africa.

Traders divert Russian oil products around Africa to avoid Red Sea

Traders were diverting cargoes with Russian oil products around Africa to avoid the Red Sea due to a heightened risk of attacks by Yemen’s Iran-aligned Houthi group.

Well-stocked U.S. fuel markets shrug off January's arctic blast

A bitter January cold snap that knocked out 15% of Gulf Coast refining capacity had little effect on fuel prices, with two months of rising stockpiles helping U.S. markets avoid the extreme volatility seen during recent winter freezes.

Red Sea worries cause spike in refined fuel prices, but market will adjust

The main impact from the escalating tensions in the Middle East and the threat to ships transiting the Red Sea isn't on crude oil prices, but rather on the heightened vulnerability of refined fuels.

Mexico president admits fuel production still short to reach energy self-sufficiency

Mexico will be short of the fuel it needs to meet President Andres Manuel's Lopez Obrador goal of energy self-sufficiency when his term ends this year, he said during a recent press conference.

India expects fuel demand to grow 2.7% in the next fiscal year

India's fuel consumption is expected to rise 2.7% in the next fiscal year beginning on April 1, initial government estimates showed.

Russia's Novatek resumes fuel loadings at damaged Ust-Luga terminal

Russian energy company Novatek resumed fuel loadings at its Baltic Sea Ust-Luga terminal, damaged in a suspected drone attack.