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Crude oil

Mexico's Pemex struggles to boost oil refining in Aug as fuel imports rise

Crude oil processing at Mexico's six local refineries rose slightly in August, data from state-owned oil company Pemex showed, but the facilities are operating at barely half their capacity, forcing the country to import large volumes of fuel.

Kuwait's oil exports shift from crude oil to petroleum products

Kuwait’s oil exports are shifting from crude oil to refined petroleum products following the addition of new refining capacity, according to data in the .recently updated Country Analysis Brief: Kuwait

Oil prices rise as Russia fuel export ban stokes supply concerns

Oil prices rose as renewed global supply concerns from Russia's fuel export ban counteracted fears that slowing economies and high interest rates could crimp demand.

China climate envoy says phasing out fossil fuels 'unrealistic'

The complete phasing-out of fossil fuels is not realistic, China's top climate official said, adding that these climate-warming fuels must continue to play a vital role in maintaining global energy security.

Russia's gasoline prices on exchange down almost 10% after export ban

Russian wholesale gasoline Ai-92 grade prices fell by 9.7% to $582 per metric ton, according to exchange data, following a government ban on fuel exports.

Vietnam's Nghi Son refinery to restart some units from Oct 7-9 after maintenance

Vietnam's largest oil refinery will restart some of its units from Oct 7-9 after it was shut down late last month for maintenance.

Singapore's middle distillates stocks stable; gasoil net exports slip for second week

Singapore's middle distillates inventories remained above 9 million barrels, official data showed, as net gasoil exports slipped for the second straight week, and jet fuel/kerosene net exports also fell.

Shell likely to restart Pernis refinery unit by Sept. 25

Shell is tentatively expected to restart a hydrocracking unit at Europe's biggest oil refinery in the Netherlands by Sept. 25 after a leak forced its shutdown on Tuesday, traders said, citing a report from industry monitor IIR.

Europe's refinery output rises 1% m/m in August

European oil refinery output in August rose by 1% from the previous month to 9.73 million bpd.

Russian oil producers send CPC Blend to UAE, open new export route

Russian oil producers supplied their first cargoes of CPC Blend crude to the UAE in August and September opening up a new export route as Moscow looks to find new customers and skirt Western sanctions.