Refining

China seen tapping deeper into oil stockpiles as imports hit decade-low

China allows output cuts by some money-losing independent refiners

Some refiners in the eastern province of Shandong, popularly called teapots, were told recently that they can cut output to no lower than 80% of last year's monthly average.

IEA forecasts chance of critically low stockpiles before peak summer demand

Fuel demand typically peaks in the Northern Hemisphere summer when people drive and fly on holiday.

Petrovietnam says supertanker with Iraqi oil arrives at refinery port

Russia bans aviation fuel exports until November 30

Green Fuels Operating breaks ground on $400-MM refinery in Oklahoma (U.S.)

Digital Exclusive: Margin left on the table: The hidden cost of supply chain capability gaps in hydrocarbon processing—Part 1

U.S. gasoline market set for fresh test after near-record stock draws

U.S. gasoline prices have already jumped by 50% to close to four-year highs since the U.S. and Israeli war against Iran began on February 28, and currently average around $4.33 per gallon.

China's crude oil imports slump, but it's economics not altruism

The collapse in China's imports is being framed in media and market commentary as helping Asia adjust to the loss of at least 10 MMbpd of crude from the effective closure of the Strait of Hormuz.

How laser technology cuts through traditional reliability and confidence concerns in industrial gas analysis