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Gasoline

EIA: US gasoline prices increased in 2017

US regular retail gasoline prices averaged $2.41/gal in 2017, 27 cents/gal (13%) higher than in 2016, but two cents/gal less than in 2015.

Singapore fuel oil stocks drop despite shrinking exports

SINGAPORE (Reuters) — Singapore weekly onshore fuel oil inventories fell 10%, or 2.462 MMbbl (about 367 Mt), to a two-week low of 22.728 MMbbl (3.392 MMt) in the week ended Jan. 3, data from International Enterprise (IE) Singapore showed on Thursday.

Gasoline prices unnerve Mexicans as election year begins

MEXICO CITY (Reuters) — Mexico's government on Wednesday denounced forecast price hikes by fuel retailers, saying increases were unjustified as it sought to allay public concern about high inflation at the start of a presidential election year.

Tanzania increases fuel prices due to rising crude costs

DAR ES SALAAM (Reuters) — Tanzania's energy regulator raised the maximum price for petrol, diesel and kerosene on Wednesday, citing rising international crude oil prices.

Saudi Arabia hikes gasoline prices

DUBAI (Reuters) — Saudi Arabia was set to raise local gasoline prices on Monday, state news agency SPA reported.

China raises 1st batch of 2018 oil product export quotas by 30%

SINGAPORE (Reuters) — China raised refined products export quotas to its four state oil majors by 30 percent in the first batch of allowances for 2018, a document reviewed by Reuters showed on Thursday.

Demand to ship gasoline on Colonial Pipeline at 2-month low

NEW YORK (Reuters) — Demand to ship gasoline on Colonial Pipeline has sunk to a two-month low as Gulf Coast supplies are increasingly being exported or sent to the Midwest rather than to the New York harbor, three sources familiar with the matter said on Wednesday.

Hanwa and Integr8 Fuels added to Platts' Asia bunker MOC process

SINGAPORE (Reuters) — S&P Global Platts added Hanwa Singapore Pte Ltd and Integr8 Fuels Inc last week to its Asia Market On Close (MOC) assessment process for Singapore physical bunkers, the company said in a note seen on Wednesday.

Chinese customs seizes $13 MM worth of smuggled fuel

BEIJING (Reuters) — Chinese customs in Nanjing city has seized 12 Mt of smuggled fuel worth $12.98 MM, state news agency Xinhua reported on Monday.

Nigeria's state oil firm more than doubles fuel supply amid run on petrol

ABUJA (Reuters) — Nigeria's state oil firm said on Thursday it has more than doubled the daily supply of fuel for motorists to 80 MM liters, amid a run on petrol that has seen queues lasting hours at filling stations around the country.