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Asia middle distillates ease on anticipated Saudi’s production return

8 hours ago DieselGasoil Comments Off on Asia middle distillates ease on anticipated Saudi’s production return
Singapore — The Asian middle distillates markets eased on expectations that Saudi Arabia would restore most of the crude oil production affected by Saturday’s attacks on two of its key oil facilities by the end of the month, trade sources said Wednesday. Not registered? Receive daily email alerts, subscriber notes & personalize your experience. Register Read More

Toyota banks on Olympic halo for the humble bus to keep hydrogen dream alive

13 hours ago DieselGasoil Comments Off on Toyota banks on Olympic halo for the humble bus to keep hydrogen dream alive
TOKYO (Reuters) – Buses may not be the most glamorous mode of transport but at the 2020 Tokyo Olympic games, they will represent Toyota Motor Corp’s (7203.T) best bet for wider acceptance of hydrogen power – technology so far eclipsed by electric vehicles. FILE PHOTO: Toyota Motor Corp. displays the company’s fuel cell bus Sora Read More

FACTBOX: Oil falls after Saudi Arabia calms market over restoring supplies

14 hours ago DieselGasoil Comments Off on FACTBOX: Oil falls after Saudi Arabia calms market over restoring supplies
London — Oil prices fell Tuesday, giving back more than half of Monday’s surge, after Saudi energy minister Prince Abdulaziz bin Salman said he expects most of the country’s lost crude production to be restored within two weeks. Not registered? Receive daily email alerts, subscriber notes & personalize your experience. Register Now The fast recovery Read More

Trump to bar California from setting vehicle emission rules: sources

16 hours ago DieselGasoil Comments Off on Trump to bar California from setting vehicle emission rules: sources
WASHINGTON (Reuters) – The Trump administration will announce as early as Wednesday it is revoking California’s authority to set its own greenhouse gas and vehicle fuel efficiency standards and barring all states from setting such rules, two auto industry officials said on Tuesday. FILE PHOTO: Reacquired Volkswagen and Audi diesel (gasoil) cars sit in a Read More

Trump to bar California from setting vehicle emissions rules: sources

18 hours ago DieselGasoil Comments Off on Trump to bar California from setting vehicle emissions rules: sources
WASHINGTON (Reuters) – The Trump administration will announce as early as Wednesday it is revoking California’s authority to set its own vehicle greenhouse gas standards and blocking states from setting tailpipe emission rules — a move that will spark a furious legal challenge, two auto industry officials said on Tuesday. FILE PHOTO: Reacquired Volkswagen and Read More

Feature: IMO 2020 mandate creates Singapore-Fujairah arbitrage for LSFO

19 hours ago DieselGasoil Comments Off on Feature: IMO 2020 mandate creates Singapore-Fujairah arbitrage for LSFO
Singapore — The fuel oil market has started to see International Maritime Organization-compliant marine fuel being shipped from Singapore to Fujairah, several market participants told S&P Global Platts, confirming expectations of imminent changes to global trade flows for residual fuels going into 2020. Not registered? Receive daily email alerts, subscriber notes & personalize your experience. Read More

Trump to bar California for setting vehicle emissions rules: sources

19 hours ago DieselGasoil Comments Off on Trump to bar California for setting vehicle emissions rules: sources
FILE PHOTO: Reacquired Volkswagen and Audi diesel (gasoil) cars sit in a desert graveyard near Victorville, California, U.S. March 28, 2018. REUTERS/Lucy Nicholson WASHINGTON (Reuters) – The Trump administration will announce as early as Wednesday it is revoking California’s authority to set its own vehicle greenhouse gas standards and declare that states are pre-empted from Read More

Attacks on Saudi oil facilities – what will it mean for consumers?

20 hours ago DieselGasoil Comments Off on Attacks on Saudi oil facilities – what will it mean for consumers?
NEW YORK (Reuters) – The attack on Saudi facilities on Saturday caused the biggest oil supply disruption for more than 50 years. Here is what it could mean for consumers: Flames emerge from flare stacks at Nahr Bin Umar oil field, north of Basra, Iraq September 16, 2019. REUTERS/Essam Al-Sudani WHERE WILL I FEEL THE Read More

China’s Shandong independent refiners keep Aug run rates steady at 60.4%

1 day ago DieselGasoil Comments Off on China’s Shandong independent refiners keep Aug run rates steady at 60.4%
Singapore — Combined run rates at China’s independent refineries in eastern Shandong province was more or less stable at around 60.4% in August, compared with 60.2% in July, according to S&P Global Platts calculations based on data from JLC. JLC is a Beijing-based information provider, formerly known as JYD. Not registered? Receive daily email alerts, Read More

Trump after Saudi oil attack: ‘I don’t want war but we are prepared’

1 day ago DieselGasoil Comments Off on Trump after Saudi oil attack: ‘I don’t want war but we are prepared’
By Sanya Burgess, news reporter Donald Trump has said it is “looking like” Iran was behind the attacks on Saudi Arabia’s oil facilities, but he has insisted that he does not want war. The president said he is not looking at retaliatory options until he has “definitive proof” that Tehran was responsible, but added that Read More