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USGC octane prices slip as gasoline complex softens, exports dip

1 day ago DieselGasoil Comments Off on USGC octane prices slip as gasoline complex softens, exports dip
US Gulf Coast octanes took a fall Thursday, softened by weaker gasoline prices and decreased exports. Not registered? Receive daily email alerts, subscriber notes & personalize your experience. Register Now Of the blendstocks, alkylate saw the steepest day-on-day fall and was assessed by S&P Global Platts at pipeline gasoline plus 48 cents/gal. The USGC gasoline Read More

UK chemicals tanker attacked in Strait of Hormuz: owner Stena Bulk

1 day ago DieselGasoil Comments Off on UK chemicals tanker attacked in Strait of Hormuz: owner Stena Bulk
Washington — The UK-flagged Stena Impero chemicals tanker was attacked Friday by “unidentified small crafts and a helicopter” while transiting the Strait of Hormuz and is heading toward Iran, owner Stena Bulk confirmed. Not registered? Receive daily email alerts, subscriber notes & personalize your experience. Register Now Iran’s Islamic Revolutionary Guard Corps said it seized Read More

IEA ‘significantly’ concerned on Strait of Hormuz, sees well-supplied oil markets: Birol

2 days ago DieselGasoil Comments Off on IEA ‘significantly’ concerned on Strait of Hormuz, sees well-supplied oil markets: Birol
New Delhi — The International Energy Agency is “significantly” concerned about geopolitical tensions, including in the Strait of Hormuz, but oil markets are currently well supplied and unlikely to see “huge price increases for now,” the head of the agency said Friday. Not registered? Receive daily email alerts, subscriber notes & personalize your experience. Register Read More

Crude oil futures rise as geopolitical tensions grow

2 days ago DieselGasoil Comments Off on Crude oil futures rise as geopolitical tensions grow
Singapore — Crude oil futures rose during mid-morning trade in Asia Friday as tensions brewed in the Middle East following a series of incidents in the Strait of Hormuz. Not registered? Receive daily email alerts, subscriber notes & personalize your experience. Register Now At 10:23 am Singapore time (0223 GMT), front-month ICE Brent September futures Read More

Crude oil futures up on mixed US stocks data, geopolitical tensions

3 days ago DieselGasoil Comments Off on Crude oil futures up on mixed US stocks data, geopolitical tensions
Singapore — Crude oil futures were stable to marginally higher during mid-morning trade in Asia Thursday, amid a mixed report on US inventory data and ongoing geopolitical tensions. Not registered? Receive daily email alerts, subscriber notes & personalize your experience. Register Now At 10:20 am Singapore time (0220 GMT), front-month ICE Brent September futures rose Read More

US West Coast diesel (gasoil) differentials decline after spring peak

3 days ago DieselGasoil Comments Off on US West Coast diesel (gasoil) differentials decline after spring peak
US West Coast diesel (gasoil) differentials have fallen dramatically since summer began as stocks and refinery utilization percentages have recovered from the spring maintenance season. Not registered? Receive daily email alerts, subscriber notes & personalize your experience. Register Now California-grade diesel (gasoil) in Los Angeles was assessed Wednesday at NYMEX August ULSD plus 2 cents/gal, Read More

FEATURE: Canadian oil traders see IMO 2020 risk easing on demand, changing market

3 days ago DieselGasoil Comments Off on FEATURE: Canadian oil traders see IMO 2020 risk easing on demand, changing market
Houston — A surging differential for Western Canada’s benchmark heavy crude has traders and analysts wondering if predictions that tighter sulfur requirements for marine fuel will devalue the country’s oil assets are overblown. Not registered? Receive daily email alerts, subscriber notes & personalize your experience. Register Now “Nobody is talking about IMO 2020 anymore,” one Read More

Crude oil futures recover from overnight fall, eyes US stock data

4 days ago DieselGasoil Comments Off on Crude oil futures recover from overnight fall, eyes US stock data
Singapore — Crude oil futures were higher during mid-morning trade in Asia Wednesday, recovering from their overnight slump as markets now looked ahead for US inventory data to provide direction. Not registered? Receive daily email alerts, subscriber notes & personalize your experience. Register Now At 10:20 am Singapore time (0220 GMT), front-month ICE Brent September Read More

Oil settles lower amid signs of US-Iran rapprochement

4 days ago DieselGasoil Comments Off on Oil settles lower amid signs of US-Iran rapprochement
New York — Oil futures settled sharply lower Tuesday after White House statements pointed to a potential thaw in Middle East tensions. Not registered? Receive daily email alerts, subscriber notes & personalize your experience. Register Now NYMEX August WTI settled down $1.96 at $57.62/b and ICE September Brent was $2.13 lower at $64.35/b. Oil futures Read More

Oil futures rise slightly as storm impact fades

4 days ago DieselGasoil Comments Off on Oil futures rise slightly as storm impact fades
London — 1030 GMT: Crude oil futures were trading slightly higher in late European morning Tuesday as the impact of Tropical Storm Barry subsided, while global economic uncertainty lingered. Not registered? Receive daily email alerts, subscriber notes & personalize your experience. Register Now At 11:30 am London time (1030 GMT), ICE Brent September futures were Read More