Gasoline

Gasoline demand, however, continued to land under 9 million barrels a day for a sixth straight week, below what is typical heading into the summer driving season

Russia's diesel and gasoline export ban adds to inflation problem

It is the second largest diesel exporter after the USA. Before the Ukraine war, Russia exported around 2.8 million barrels per day of oil products

Even in the age of Tesla, European gasoline demand is booming

Consumer behavior shows a collision of old and new trends that may keep fuel consumption surging for a while

Oil ticks up as drop in US crude and gasoline stocks exceeds view

Brent crude futures rose 32 cents, or 0.4%, to $72.58 a barrel at 0002 GMT, while U.S. West Texas Intermediate (WTI) futures gained 23 cents, or 0.3%, to $67.94 a barrel.

Crude oil prices firm as USD retreats | China's crude import declines by 16% | Commodities live

Crude oil firms as USD retreats. Prices rose by 7% this week. There is a decline seen in inventories of gasoline, distillates & jet fuel. How does this impact India? Watch Commodities with Manisha Gupta to know more.

US gas prices end streak of declines just short of 100 days

The decline to date has only partly reversed a prolonged run-up in gas prices, which accelerated after Russia’s invasion of Ukraine in February and continues to roil consumers.

Oil jumps nearly 4% on possible OPEC+ supply tightening

The prospect of resuming Iranian crude supply and recession fears, along with consecutive weekly builds at the US crude oil storage hub, easing gasoline demand

Average US gasoline price falls 45 cents to $4.10 per gallon

Industry analyst Trilby Lundberg of the Lundberg Survey said Sunday that the continued decline comes as crude oil costs also remain low.

US gas prices dip just below $4 for the first time in 5 months

AAA said the national average for a gallon of regular was $3.99 on Thursday.

Oil falls 2% on U.S. crude, gasoline build, slight OPEC+ hike

Brent crude futures were down $2.35, or 2.4 percent, at $98.19 a barrel by 11:09 a.m. ET (1509 GMT).

Oil prices extend losses as demand concerns outweigh tight supply

West Texas Intermediate crude futures fell 88 cents, or 0.9 per cent, to $99.00 a barrel following a 1.9 per cent drop on Wednesday.

Government eases windfall tax on fuel shipments and crude output, kills gasoline export levy

The step offers relief for top fuel exporter Reliance Industries and top crude explorer Oil & Natural Gas Corp.

India’s diesel, gasoline sales taper off adding to oil’s gloom

The three biggest retailers sold 1.28 million tons of gasoline during July 1-15, down about 8% from the corresponding period in June, according to refinery officials with knowledge of the matter.

Fuel sales sales taper off, adding to pressure on oil prices

The three biggest retailers sold 1.28 million tons of gasoline during July 1-15, down about 8 percent from the corresponding period in June, according to refinery officials with knowledge of the matter.

Jeff Bezos slams Joe Biden's call for gasoline stations to cut prices

In a tweet on Saturday, Biden said, "this is a time of war and global peril," and demanded the companies lower gasoline prices, which have soared to about $5 a gallon in many parts of the country.

OPEC+ oil boost likely not much help to high gasoline prices

The increase of 648,000 barrels per day in August leaves the world thirsty for oil as it rebounds from the COVID-19 pandemic and runs up against the inability of the 23-member OPEC+ alliance to meet its production quotas.

India forced to ship in gasoline, diesel as shortages flare up

Gasoline imports rose to about 13,000 barrels a day in the first half of June, a seven-month high, according to Vortexa Ltd. Diesel imports, meanwhile, are set to surge to the highest since February 2020 at about 48,000 barrels a day, tenders by Indian Oil Corp. and Bharat Petroleum Corp., as well as Vortexa figures show.

Biden administration likely to raise ethanol blending volumes for 2021 : Sources

According to two sources briefed on the decision, the Biden administration is expected to hike ethanol blending regulations for 2021 above the number it requested in December to correspond with U.S. consumption.

Global refiners falter in efforts to keep up with demand

World fuel demand has rebounded to pre-pandemic levels, but the combination of pandemic closures, sanctions on Russia and export quotas in China are straining refiners' ability to meet demand.

Joe Biden waiving ethanol rule in bid to lower gasoline prices

Most gasoline sold in the U.S. is blended with 10% ethanol. The Environmental Protection Agency will issue an emergency waiver to allow widespread sale of 15% ethanol blend that is usually prohibited between June 1 and Sept. 15 because of concerns that it adds to smog in high temperatures.

Indian gasoil and gasoline sales surge as dealers top up tanks

State refiners' average daily sales of gasoline and gasoil were 86,850 tonnes and 227,650 tonnes respectively, 14.2% and 5% higher than the pre-pandemic levels of March 2019, preliminary sales data shows.

Saudi Arabia hikes gasoline prices

The initiative, aimed at more efficient energy use, coincides with an ambitious reform plan to boost sources of revenue and wean the world's top crude exporter away from oil.

BPCL seeks 70,000 tonnes petrol to plug supply gap

BPCL will shut a 100,000-barrel-per-day (bpd) crude unit for a month from July 29 and the CCR from August 6 at its 190,000-bpd Kochi refinery in Southern India, sources with knowledge of the plan said.

India's fuel demand fell 0.6% year-on-year in March

Consumption of fuel, a proxy for oil demand, totalled 17.36 million tonnes, data from the Petroleum Planning and Analysis Cell (PPAC) of the oil ministry showed.

BPCL likely to increase naphtha supply in 2017

It will likely offer two naphtha cargoes per month from Kochi, compared with the current two cargoes per three months, after the completion of the expansion, one of the sources close to the matter said.