Oil slides over 3% on Russian price cap talks, U.S. gasoline build
Firstly, oil prices fell more than 3% on Wednesday. Continuing a streak of volatile trading, as the Group of Seven nations considered a price cap...
Tag : gasoline
The United States exported record amounts of petroleum products in the first half of 2022
Petroleum products Firstly, in the first half of 2022, U.S. exports of petroleum products averaged nearly 6 million barrels per day, the most first-half-of-year exports...
U.S. energy secretary calls refiners not to increase fuel exports
Fistly, the U.S. Energy Secretary urged domestic oil refiners this month to not further increase exports of fuel like gasoline and diesel. May be the...
Suncor reports strong financial results in 3Q 2021
Suncor, Canada’s number two oil producer, announced this Wednesday it had a strong financial performance during the third quarter of the year. The company posted...
Biofuels producer POET commits to net-zero by 2050
Biofuels producer, POET, in fact, the world’s largest, announced this Tuesday its commitment to go net-zero by 2050. The pledge comes as the company has...
Hurricane Nicholas briefly disrupts power and gasoline in Tx. and La.
Hurricane Nicholas briefly disrupted power and gasoline networks in Texas and Louisiana this Tuesday after it landed on South Texas as a category one hurricane....
As Hurricane Ida weakens, gasoline rises and oil loses momentum
Hurricane Ida came ashore this Sunday, losing destruction power and becoming a category 1 hurricane. In advance of the storm, nearly all of the oil...
Gasoline stocks plunge amid stronger demand and driving boom: S&P
Gasoline inventories reported an unexpected plunge in the week ending June 18, reported S&P Global; as demand for gasoline is reaching pre pandemic levels and...
Bechtel secures FEED contract with Nacero for 1st natgas to gasoline facility
Bechtel has secured a contract with Nacero for the Front-End Engineering and Design (FEED) contract for the first natural gas to gasoline manufacturing facility in...
Colonial Pipeline reports IT problems on Tuesday; disruptions fixed
Colonial Pipeline, the largest midstream asset in the United States, reported IT problems this Tuesday, amid its efforts to fully restore the supply chain it...