Fuel Oil
U.S. crude stockpiles rise as refineries begin maintenance
U.S. crude oil inventories rose last week as refineries headed into maintenance season, while gasoline stocks fell ahead of the long Labor Day weekend, data from the Energy Information Administration showed.
Yara Clean Ammonia boosts competitiveness with dual-fuel vessels
Yara Clean Ammonia (YCA) has signed a long-term shipping contract with Navigator Amon Shipping, securing access to two state-of-the-art vessels that will strengthen YCA’s position as a global leader in the low-emission ammonia market.
EIA: U.S. transportation fuel demand remains below pre-pandemic levels
Five years after the COVID-19 national emergency was declared, gasoline demand, distillate demand and jet fuel demand all remain less than pre-pandemic averages.
Saudi Arabia and India were biggest buyers of Russian fuel oil, VGO in July
Since the European Union's full embargo on Russian oil products took effect in February 2023, Middle Eastern and Asian countries have become the main destinations for Russia's fuel oil and VGO supplies.
U.S. crude oil and distillate inventories rise, gasoline stockpiles fall
U.S. crude inventories unexpectedly rose as imports increased, while gasoline stockpiles fell last week, the Energy Information Administration said.
Dangote Refinery cuts fuel price before planned sales to local Nigerian market
The latest price cut from 850 naira, effective from Aug 12, comes as the company targets fuel supply directly to retail stations, manufacturers, telecoms firms, and other large users, to boost supply of its products.
Russia's Ryazan oil refinery halves refining capacity after drone attacks
According to sources, two primary oil refining units were stopped following the drone attacks - CDU-3 with a capacity of 8,600 tonnes (t) per day, and CDU-4 with a capacity of 11,400 tpd.
Russia's Novokuibyshevsk oil refinery halts operations after drone attacks
That was the first time a major Russian refinery had been attacked by a drone since March 2025.
Pengerang Terminals to provide storage and handling facilities for biorefinery feedstocks and products
Pengerang Terminals has signed a terminal usage agreement with Pengerang Biorefinery Sdn. Bhd (PBSB), paving the way for PT2SB to provide storage and handling facilities for PBSB’s feedstocks and products.
U.S. crude stocks and distillate inventories rise, gasoline inventories fall
U.S. crude stocks and distillate inventories rose while gasoline inventories fell in the week ending July 25, the Energy Information Administration (EIA) said.
- Swift Fuels advances light gas (LG2F™) demonstration plant plans in Louisiana (U.S.) 9/8
- Kisuma enables rubber manufacturers to enhance durability and sustainability with DHT™-4 additives 9/8
- Altalto awards Maire engineering study contract for 23,000-tpy sustainable aviation fuel plant 9/8
- Iraq in talks with ExxonMobil on Asian refining capacities 9/8
- TotalEnergies sees Brent-Dubai crude price gap remaining negative, making sweet grades more attractive to Asian refiners 9/8
- Chevron seeks diversified approach to refinery investments 9/8
