Diesel

US fuel exports recover after Harvey, offering buyers respite

LONDON/HOUSTON (Reuters) — Fuel exports from the US Gulf Coast have surged as refineries recover from weeks of disruptions due to Hurricane Harvey, offering respite to buyers in Latin America and Europe.

For desperate Puerto Ricans, fuel a precious commodity

SAN JUAN, PUERTO RICO/NEW YORK (Reuters) — Puerto Rico resident Marangelly Garcia waited eight hours for diesel to fuel her family’s generator on Monday, but the supply ran out before she got to the front of the line.

Argentina to suspend price controls on domestic fuel next month

BUENOS AIRES (Reuters) — The government of Argentina is planning to suspend a price-setting system for domestic fuel sales next month thanks to the recent rise in global oil prices, the country’s energy and mining minister said Monday.

Strong growth in fuel demand accelerates oil market rebalancing

SINGAPORE (Reuters) — Strong oil demand growth in emerging economies led by China and India but also from Europe is drawing down oil stockpiles faster than expected, putting the global market firmly on track to rebalance, senior industry executives said on Tuesday.

Japan's Cosmo Oil to boost diesel output to meet demand from ships from 2020

SINGAPORE (Reuters) — Japan's Cosmo Oil plans to increase diesel output at its Sakai refinery in Osaka, looking to capitalize on an expected jump in demand when a global mandate for ships to switch to cleaner fuels kicks in from 2020, its top executives said.

French unions block fuel depots in protest against labor reforms

PARIS (Reuters) — French trade unionists blocked access on Monday to several fuel depots in protest against an overhaul of employment laws, seeking to test the government's will to reform the economy.

S.Korean fuel oil exports to China rise, dent shipments from Singapore

SINGAPORE (Reuters) — Two South Korean refiners are exporting excess cargoes of residual fuel oil to nearby China, displacing some Singaporean sales of the commodity which can be used in ships and power stations, three trade sources said.

Stuttgart Airport ground fleet vehicles now fueled by Neste renewable diesel

Stuttgart Airport has started using Neste MY Renewable Diesel as a solution to reduce its CO2 emissions and as part of the climate program of Baden-Württemberg's state airport in Germany.

EIA: Changing quality mix affecting crude oil price differentials, refining decisions

Growth in global liquid fuels supply since March 2017 has been driven by increases in the production of historically higher-priced light crude oils. This growth has more than offset recent declines in the production of medium and heavy crude oils. As these production trends continue, price differences between certain crude oils are narrowing, and refinery operation decisions are changing.

Energy contract lawsuits expected to jump in Harvey's wake

HOUSTON (Reuters) — Lawyers expect a spate of force majeure contract lawsuits after Hurricane Harvey tore through Southeast Texas and parts of Louisiana last month, paralyzing a fifth of US fuel output and pushing some oil production offline.