gasoline | Egypt Oil & Gas - Part 10
Caspian Oil Swaps Resume, but Iran Silent on Identifying Partners
Iran has marked resumption of Caspian oil swaps by taking delivery of the first gasoline cargo since 2010 when such deals were halted, local media said on Wednesday. “The first cargo of swapped gasoline was unloaded a...
Saudi, UAE to Switch from Importing to Exporting Motor Fuel
Middle Eastern oil producers Saudi Arabia and the United Arab Emirates will sharply cut or even halt costly gasoline imports next year after ramping up new refining capacities that put them a step closer to becoming e...
Oil Minister Dispels Claims about Gasoline Price Rise
Iran’s Oil Minister Bijan Namdar Zanganeh says rumors about further hike in gasoline price in coming months are not true and fuel price will remain at its current level. Speaking to reporters on the sidelines of...
Gasoline Med/NWE Spread Reaches a High on North Africa Demand
The gasoline Med/NWE spread — the differential between the FOB Med gasoline cargo assessment and the FOB Northwest European Eurobob gasoline barges — reached a five-week high Monday as North African demand...
Gasoline Prices at 4 Month High in US
Gasoline prices are climbing again, pumped up by a rallying oil market and a seasonal switch to more expensive summer-blends, but motorists still are enjoying the cheapest springtime fuel in six years. The national av...
US Hedge Funds Quacking Under Strained Oil, Gas Markets
Hedge funds cut bets on rising oil prices at the fastest pace since December 2012 as U.S. inventories expanded to the highest in more than three decades. Speculators pared their net-long position in West Texas Interme...
Iran to Fuel Iraq’s Kurdish Power Stations
Iran has signed a memorandum of understanding with Iraq’s Kurdistan to export gas and gasoline to the semi-autonomous region. An Iranian delegation headed by Iran-Iraq Economic Development Committee Chairman Rostam Gh...
Fuel Theft Causes Pemex to Rethink Pipeline Usage
Mexico’s state oil company says it will no longer use pipelines to ship finished, usable gasoline or diesel amid a wave of fuel theft. Petroleos Mexicanos, or Pemex, believes that last year it lost more than a ...
