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Gasoline

bp cleaning up 25,000-gallon gasoline spill in Washington state (U.S.)

bp has been working with the U.S. Environmental Protection Agency and local officials to clean up a roughly 25,000-gallon gasoline spill from its Olympic Pipeline near Mount Vernon in Washington state.

Singapore fuel oil inventories rebound to near three-month highs

Residual fuel oil inventories at key trading hub Singapore rebounded to nearly three-month highs as net imports recovered after a sharp decline last week.

Japanese refineries close as the country's petroleum consumption falls

The U.S. Energy Information Administration forecasts the lowest annual petroleum consumption in Japan in 2024 since at least 1980, in part due to its aging and declining population.

Iran Revolutionary Guards seize two vessels smuggling 4.5 million liters of fuel

Iran's Revolutionary Guards' Navy have seized two vessels smuggling 4.5 million liters of fuel.

Automation technology supports growing demand for green diesel

Emerson: Prusha, J.

The search to find alternatives to petroleum-based transportation fuels is nothing new.

OPEC head accuses IEA of vilifying fossil fuel industry

OPEC Secretary General Haitham Al Ghais accused the International Energy Agency of vilifying the oil and gas industry, in the latest clash between the groups over climate policy.

China oil demand growth poised to slow to around 4% in H1 2024

China's oil demand growth likely to ease in H1 2024 to around 4% with resurgent consumption from the aviation and petrochemical sectors offset by weaker diesel usage.

US court rejects EPA's decision to withhold small refinery biofuel waivers

A U.S. appeals court on Wednesday struck down the Biden administration's decision to deny small refiners "hardship waivers" that exempt them from nation's biofuel mandates, in a win for the refining industry.

U.S. gasoline prices decline amid lower gasoline demand and falling crude oil prices

The retail price of regular gasoline averaged $3.29/gal across the U.S., 10% less than the same time last year.

China October gasoline exports fall 20% on year, diesel shipments up

China's gasoline exports fell 20% in October from a year earlier, as domestic road travel surged during the Golden Week holiday. Jet fuel demand increased, as well.