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Iraq Launches Najaf Refinery Expansion Project
10 Jul 2025 01:33 GMT
… was attended by Deputy Oil Minister for Refining Affairs, Adnan Mohammed Hammoud … central Euphrates provinces with essential fuel products, thus supporting national energy … .
Products will include petrol (20,000 barrels per day), aviation fuel, and liquified …
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World oil market prospects for the second half of 2025
09 Jul 2025 23:31 GMT
… and gasoline are set to be the main regional oil demand … petrochemical margins. Overall, OECD oil demand is projected to average … India providing substantial support. Oil demand is seen as … products, gasoline and jet fuel are set to lead regional oil demand …
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Oil steady on strong petrol demand, Red Sea attacks while Trump tariffs loom
09 Jul 2025 23:15 GMT
… Oil prices were steady on Wednesday as investors weighed strong US petrol … crude stocks rose while gasoline and distillate inventories fell last … 2.1 million barrels.
Petrol demand rose 6 per cent … said on Wednesday that oil markets were absorbing Opec+ …
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US crude stockpiles rise, gasoline falls on July 4 driving demand, EIA says
09 Jul 2025 23:31 GMT
… . crude oil stockpiles rose unexpectedly last week, while gasoline drew down … with Price Futures Group.
Gasoline stocks (USOILG=ECI), fell … EIA data showing strong fuel demand.
Brent crude futures … -barrel drop, data showed.
Refinery crude runs (USOICR=ECI), …
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CBM to inject $30M into fuel oil industry
10 Jul 2025 01:42 GMT
… are seen refuelling at the petrol station in Mandalay.
The Central … sell US$30 million to fuel oil importers. CBM also sold $885 … pump $33 million into the fuel oil sector. CBM sold over $1 … from CMP companies to edible oil-importing companies.
CBM sold $8 …
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Gasoline margin steady, MRPL offers late-July supplies
09 Jul 2025 23:40 GMT
Asia’s gasoline refining profit margin remained stable on … higher 95-octane grade of gasoline, of 35,000 tons and … Commodity Insights data showed.
NEWS
Oil markets are absorbing OPEC+ production … they are thirsty for more oil, United Arab Emirates’ Energy …
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Surge in demand for jet fuel during first 5 months
09 Jul 2025 23:57 GMT
… surpassing demand for other fuels in the transport and manufacturing … in demand for jet fuel.
In the gasoline and gasohol category, … slight increase in fuel consumption in the gasoline and gasohol … cars.
The decrease in gasoline and gasohol consumption was …
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Caltex sets up to P0.50 new oil price hikes starting July 10
10 Jul 2025 00:58 GMT
… increase of 25 centavos for gasoline and 30 centavos for kerosene … price adjustment announced by the fuel retailer in just one week … a liter. Its prices of gasoline and diesel, on the other … : Oil firms slashing prices anew this week
Most of the major fuel …
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EIA Backs up API With Shocking Rise of US Crude Oil Inventories
09 Jul 2025 23:28 GMT
… , 9:43 AM CDT
Crude oil inventories in the United States … the day.
For total motor gasoline, the EIA reported a decline … the same period last year. Gasoline demand averaged 9.2 million …
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UAE says markets thirsty for oil despite boosts in OPEC+ output
09 Jul 2025 23:31 GMT
… half of the world’s oil, has been curtailing production … pump more to help keep gasoline prices lower.
OPEC+ began … that many countries with large oil reserves were still not … together ministers and executives from oil majors.
OPEC has withheld media …