Diesel
Japan set to extend fuel, power subsidies to March 2026
Japan's government is set to decide to extend gasoline, natural gas and power subsidies to the end of March that were set to expire at the end of 2023.
Russia will never be seen as reliable energy supplier, U.S. energy official says
U.S. Assistant Secretary for Energy Resources Geoffrey Pyatt said Russia would never again be viewed as a reliable energy supplier, a day after Washington imposed fresh sanctions on Moscow because of its war in Ukraine.
Sinopec seeks rare quota swap to export more diesel, gasoline and jet fuel
China's Sinopec Corp has applied to the government to swap some of its marine fuel export quotas for allowances to export light products such as diesel, jet fuel or gasoline.
Russia's September seaborne oil product exports down vs August
Russia's seaborne oil product exports fell 2.5% in September from August to 9.456 Mmt due to seasonal maintenance of refineries and a fuel export ban late in the month.
Global diesel prices soften as inventories edge upward
Global distillate fuel oil inventories remain much lower than normal for the time of year but there are signs they are no longer falling which has eased some of the upward pressure on prices.
India's September fuel demand slips 2% month-on-month
India's fuel consumption dropped 2% month-on-month in September, data from the Petroleum Planning and Analysis Cell of the oil ministry showed.
OPEC leaders make case for fossil fuels at Riyadh climate event
OPEC heavyweights said oil and gas should not be stigmatized in the climate debate and that the industry had a role to play in an orderly energy transition.
Russia keeps ban on gasoline exports and cross-border sales of diesel by railway
Russia's ban on gasoline exports and cross-border sales of diesel by railway remains in place.
Russia resumes seaborne diesel exports after partially lifting ban
Russia, the world's top seaborne exporter of diesel just ahead of the United States, resumed exports of the fuel on after it lifted its ban on most fuel exports following a decline in domestic wholesale prices.
China is swing factor in diesel’s global squeeze
As demand enters peak season, Xi’s ability to dictate how much Chinese oil companies export looks like the key swing factor.
- Jet fuel demand growth lags as air traffic exceeds pre-pandemic level 4/19
- Jet2.com to use SAF at London Stansted Airport 4/19
- Neste and New Jersey Natural Gas target reducing greenhouse gas emissions with Neste MY Renewable Diesel 4/19
- Cepsa and Evos join up for green methanol storage in Spain and the Netherlands 4/19
- Russia's Bashneft oil company installs anti-drone nets to protect refineries 4/19
- Hapag-Lloyd and Seaspan to retrofit five vessels to methanol propulsion 4/19
