Gasoline
US crude, gasoline stocks build unexpectedly as refineries cut output
According to the US Energy Information Administration, US crude and gasoline inventories rose unexpectedly last week as refineries cut output.
Egypt plans to end fuel subsidies within three years
Egypt plans to end fuel subsidies within three years and is aiming to increase fuel prices to 65% of their actual cost during the 2016/17 fiscal year.
Flint Hills Resources to construct $20 M fuel terminal expansion
Flint Hills Resources will begin construction on a $20 M expansion of its Waupun, Wisconsin fuel terminal.
Wholesale California gasoline prices plunge, consumers still pay up
Wholesale gasoline in California became the cheapest in the country this week, but that change has largely gone unseen at the pump, where consumers still pay the highest prices in the continental United States to fill up their cars.
Fuel shortage disrupts domestic flights in Nigeria
Fuel shortages have caused an increase in cancellations and delays to internal flights in Nigeria over the last few days, a spokesman for the aviation authority said this week.
India sees road building as route to boost fuels
Past experience from the US and other advanced economies suggests massive highway construction will promote the creation of a more integrated national economy and increase freight and passenger traffic further. That will spur further rapid growth in transport fuels such as gasoline and diesel.
US gasoline, distillate inventories drop as refiners raise operating rates
Gasoline stocks fell 2.5 MMbbl, compared to forecasts for a 150,000-bbl drop. Distillate stockpiles, which include diesel and heating oil, fell 3.2 MMbbl, versus expectations for a 642,000-bbl drop.
Nigerian union proceeds with fuel protest strike
The government hopes lifting costly fuel subsidies, causing prices to rise by up to two thirds at the pumps, will help alleviate the worst crisis in decades in Africa's biggest economy.
Analyst: Rising gasoline use in India drives global oil demand growth
Provided India's economy continues to grow, and fuel prices remain moderate, India's thirst for gasoline will be the most important source of oil demand growth over the next few years.
US fuel inventories tumble as refiners cut rates
Gasoline and distillate inventories also dropped more than expected, as refining rates fell, new data from the Energy Information Administration (EIA) showed.
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