- US October gasoline imports hit post-pandemic low on slump in European shipments
November 21, 2024
European refiners are producing less gasoline because of weak profit margins and annual maintenance, FGE analyst Benedict Mangeolles said.
Benchmark Northwest European gasoline profit margins fell to below $6 a barrel on Nov. 18...
- Iraq's fuel oil exports head for record year after Oct volumes jump
November 20, 2024
Iraq's fuel oil exports exceeded 2.15 million metric tons in October, the highest monthly volume on record, based on Kpler and LSEG data.
This was coupled with a seasonal decline in domestic demand of about 100,000 barrels per day...
- China, UAE may cut Iran condensate imports if Trump tightens curbs, FGE says
November 15, 2024
Iran currently exports 100,000-150,000 barrels per day (bpd) of condensate which mainly goes to China, Venezuela and the United Arab Emirates, according to FGE.
If Trump tightens sanctions on Iran, its condensate exports to UAE an...
- Tesco, Asda, Morrisons, Sainsbury's drivers issued major update over 'diesel shortages'
November 14, 2024
“Average diesel prices at the pumps in Europe are now more expensive than gasoline. This is the first time in history. If the prices go higher, it could force private diesel car owners to reduce driving,” said Cuneyt Kazokoglu, head ...
- Trump to zero in on Iran’s oil exports - will it work ?
November 08, 2024
"Today, everyone who had been wary of the implications of being involved has already left the game. And those who do remain are those who do not necessarily fear sanctions," said Iman Nasseri, managing director for the Middle East at...