Diesel Fuel

Distillate Markets
Regulation & Legislation

Interferry Members Win EU Funding For Scrubber Projects

Global shipping association Interferry recently announced that five of its members won EU grants totaling €48 million (US$52.7 million) to offset the cost of installing exhaust scrubber systems for complying with the stringent emission-control area 0.1%-sulfur limit in force since January.

Fuels

Filling The Gap In Latin America

For Latin America, a region facing growing demand and a widening refining-capacity deficit, the U.S. has emerged as the leading supplier of imported oil products.

Distillate Markets
Distillate Markets

ExxonMobil Plans Texas Refinery Expansion

ExxonMobil Corp. (NYSE: XOM) plans to increase the capacity for processing light crude oil grades at a Texas refinery in order to exploit gains in U.S. production.

Distillate Markets
Distillate Markets
Distillate Markets
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