Keywords: Refineries
US President Donald Trump has signalled further measures to address rising diesel prices, announcing that his administration will make a major statement on the fuel market. Speaking during an event at the White House, Trump said the government was preparing a significant announcement, following recent......
US President Donald Trump has attributed the recent rise in American gasoline prices to disruptions affecting oil refining capacity, particularly Ukrainian attacks on Russian energy facilities and refinery closures in Democratic-led US states. His comments come as fuel costs become an increasingly sensitive......
A potential US restriction on diesel exports could initially ease domestic diesel prices but eventually push gasoline prices higher, according to an analysis by Goldman Sachs, highlighting the complex effects that an export ban could have on the US refining system and global fuel markets. The scenario......
Global oil markets are entering a period of heightened uncertainty as disruptions to refined-product supplies, rising tanker costs and growing security risks reshape the economics of international energy trade. Producers, refiners and trading companies are increasingly adjusting their purchasing, transportation......
Global fuel oil markets are facing the prospect of a significant supply shortage in the third quarter as disruptions linked to the war in the Middle East encourage refineries to prioritize higher-demand products such as diesel, gasoline and jet fuel. Energy consultancy Energy Aspects estimates that......
Russia has expanded its search for alternative fuel supplies by importing a shipment of gasoline from Morocco as it works to address domestic fuel shortages caused by disruptions at several oil refineries. The move reflects Moscow’s broader strategy of strengthening fuel reserves while maintaining......
Several regions in Russia continue to face fuel supply difficulties, with the situation particularly challenging in parts of Siberia, according to Deputy Prime Minister Alexander Novak, as authorities work to stabilize the domestic energy market. Russian news agencies cited Novak as saying on Saturday......
Greek Prime Minister Kyriakos Mitsotakis has announced a government agreement with major oil refineries aimed at reducing gasoline and diesel prices for consumers during the summer period. The measure is designed to limit the impact of rising energy costs linked to renewed tensions in the Middle East,......
China’s Ministry of Commerce announced that it has taken legal measures to block sanctions imposed by the United States on five Chinese oil refineries, escalating tensions between the world’s two largest economies. According to official statements reported by state media, the decision aims......
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