Diesel Fuel

Distillate Markets
Distillate Markets

Shell Sells $1.4-Billion Stake In Japanese Refiner

Idemitsu Kosan Co.’s decision to acquire Royal Dutch Shell plc’s majority stake in Showa Shell Sekiyu KK and pursue a full merger may portend broader integration as Japanese refiners face declining domestic demand.

Fuels

ARA Oil-Product Stocks Up 1.86 Million Barrels

The volume of petroleum products stored at the world’s largest oil-trading hub has reached an all-time high, demonstrating that while the market is starting to show signs of strength as demand ticks higher, the global supply overhang has some way to go before fading.

Transportation
Prices
Transportation

Statoil 2Q Earnings Beat Forecasts

Norwegian oil and gas major Statoil ASA (NYSE: STO) posted better-than-expected second-quarter (2Q) 2015 profits on July 28, while maintaining its quarterly dividend in the current low oil-price environment.

Prices

Markets In Focus: Manic Monday

Having fallen by 30% earlier this month and then rebounding 16% solely on the basis of government support, the Shanghai Composite has lost more than 10% in two days—pulling global stock markets down with it.

Fuels
Transportation

Seaborne Refined Product Exports Surge

From 2011 to 2013, U.S. refined product exports rose by 18% to 1.3 billion barrels.The increase has continued into 2015, and industry experts agree that U.S. product exports will continue to rise in the foreseeable future.

Distillate Markets