http://www.hydrocarbonprocessing.com Hydrocarbon Processing https://hydrocarbonprocessing.com/news/2026/07/gasoline-diesel-exports-from-belarus-to-russia-hit-record-high-in-june/ According to the source-based information, gasoline supplies from Belarus to Russia by rail tripled last month from May to over 181,000 metric tons. Exports of diesel in June rose by 1.5 times to over 77,000 tons. https://hydrocarbonprocessing.com/news/2026/07/tanker-traffic-through-hormuz-at-near-standstill-as-attacks-strain-iran-truce/ Shipping industry sources said vessels were increasingly switching off their public AIS tracking transponders, making it harder to see all of the ships crossing. https://hydrocarbonprocessing.com/news/2026/07/vietnam-awards-149-b-refinery-upgrade-contract-to-chinese-consortium/ Under the 37-month contract, the consortium will raise the capacity of the refinery by 15.5% to 171,000 barrels per day. https://hydrocarbonprocessing.com/news/2026/07/indian-bpcl-and-japans-taiyo-oil-buy-us-crude-via-tenders/ Asian refiners had reduced purchases of U.S. crude following the U.S.-Iran ceasefire agreement. https://hydrocarbonprocessing.com/news/2026/07/eia-us-crude-inventories-rise-gasoline-and-distillate-inventories-fall/ Crude inventories rose by 3 million barrels to 411.4 million barrels in the week ending July 3, compared with analysts' expectations in a poll for a 2.4 million-barrel draw. https://hydrocarbonprocessing.com/news/2026/07/china-lifts-fuel-export-curbs-for-july/ The resumption of refined fuel exports from one of Asia's largest exporters comes after the interim peace deal between the U.S. and Iran, and is expected to ease prices for transportation fuels in a region where consumers have been grappling with inflation since Beijing curbed shipments to secure domestic supplies in March. https://hydrocarbonprocessing.com/news/2026/07/oil-refiners-hormuz-windfall-may-prove-short-lived/ Refining profitability is determined by two factors: the cost of crude oil and the price of the gasoline, diesel and jet fuel produced from it. At the moment, both are moving in refiners' favor. https://hydrocarbonprocessing.com/news/2026/07/south-korea-expands-energy-partnership-with-uaes-adnoc/ Both parties will seek to boost long-term crude supply to Korean refiners, improve joint coordination during emergency supply situations such as seeking alternative export routes, and advance cooperation on international joint crude stockpiling in South Korea. https://hydrocarbonprocessing.com/news/2026/07/adnoc-xrg-and-mitsui-sign-sca-to-explore-growth-opportunities-across-the-energy-value-chain/ https://hydrocarbonprocessing.com/news/2026/07/saudi-arabia-considers-expansion-of-oil-pipeline-to-red-sea/