Diesel

Australia antitrust regulator raises flags on BP Woolworths petrol buyout

(Reuters) — Australia's antitrust regulator said on Thursday it was concerned BP Plc's plan to buy the petrol stations of grocery giant Woolworths Ltd would hurt competition, a sign it may block the $1.4 B deal.

EIA: Seasonality of US distillate consumption, stock levels declining

Changes in demand trends, trade patterns, and fuel specifications have significantly reduced the role of traditional seasonal factors in driving US distillate markets. Historically, distillate use in the United States was highly seasonal because of its use as a home heating fuel. In recent years, use of distillate as a heating fuel has decreased significantly, while its use as a transport fuel has remained relatively flat.

Sempra Energy's IEnova Unit, Valero sign contracts for liquid fuels projects in Mexico

SAN DIEGO — Sempra Energy announced that its Mexican subsidiary, Infraestructura Energética Nova, S.A.B. de C.V. (IEnova), signed long-term contracts with a subsidiary of Valero Energy Corp. for the storage capacity of the liquid fuels marine terminal to be constructed in Veracruz and two inland storage facilities to be constructed in Puebla and Mexico City.

Brazil court issues injunction suspending fuel tax hike

SAO PAULO (Reuters) — A Brazilian federal court in Rio de Janeiro state issued an injunction late on Thursday suspending a tax hike on fuels, saying the government decision is unconstitutional.

Flurry of vessels booked from Mideast to Europe after Dutch refinery outage

SINGAPORE (Reuters) — Oil traders are rushing to secure vessels to ship refined fuel from the Middle East to Europe after a Dutch refinery outage made the route profitable, pushing freight rates to multi-month highs, traders and shipbrokers said on Thursday.

Brazil fuel, lubricant imports surge 57% in July

RIO DE JANEIRO (Reuters) — Brazil's fuel and lubricant imports shot up 57.3% in July from the same month in 2016 to $1.522 B, government data showed on Tuesday.

German ministers and carmakers meet to 'save diesel'

BERLIN (Reuters) — German politicians and car bosses agreed on Wednesday to overhaul engine software on 5.3 MM diesel cars to cut pollution and try to repair the industry's battered reputation.

Industry Metrics

Rhodes, Mike, Hydrocarbon Processing Staff

High refinery runs contributed to high inventories, pressuring US product markets despite healthy summer driving season demand.

ADNOC finalizes July 2017 to June 2018 diesel term contract

SINGAPORE (Reuters) — Abu Dhabi National Oil Company has finalized its July 2017 to June 2018 diesel term contract at a higher premium than an earlier contract it signed, traders said on Tuesday.

Asia traders consider sending diesel, jet fuel to Europe after Dutch refinery fire

SINGAPORE (Reuters) — Traders in Asia are considering shipping diesel and jet fuel to Europe after a fire at that region's largest oil refinery disrupted supplies and boosted fuel margins, five traders and shipbrokers said on Tuesday.