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Gasoil

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.

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.

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.

Russian seaborne diesel exports for July 1–15 fall 6% month-on-month

Russia's seaborne diesel and gasoil exports fell by 6% to about 1.43 MM tonnes (t) in the first 15 days of July from the same period in June as refinery maintenance and strong domestic demand affected supplies.

Oil prices rise after new EU sanctions on Russia

The EU reached an agreement on an 18th sanctions package against Russia over its war in Ukraine, which includes measures aimed at dealing further blows to Russia's oil and energy industries.

Russian seaborne diesel exports fall in June due to maintenance

Russia's seaborne diesel and gasoil exports fell in June by 6% on a monthly basis to about 3.35 MMt as production volumes fell due to refinery maintenance.

Asia's refined fuel imports drop, but margins still hold

Asia's imports of key refined fuels such as gasoline and diesel fell to the lowest in four years in April, driven by a combination of refinery maintenance and weaker demand in the top-importing region.

Russian seaborne diesel exports fell in April

Russia's seaborne diesel and gasoil exports fell in April as refineries carried out seasonal maintenance and the industry held back some supplies for expected domestic demand growth over the summer months.

EIA: U.S. crude stocks rise with bigger imports, fuel inventories fall

U.S. crude stocks rose as the nation imported more oil, while gasoline and distillate inventories fell last week ahead of summer driving season.