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  • CNBCyesterday

    $3 gasoline is coming soon as demand jumps and crude oil prices rise

    Prices at the pump are expected to top $3 a gallon for unleaded gasoline in many parts of the country in coming weeks, as summer driving season approaches.

  • Oilprice.comyesterday

    Oil Prices Rise On Crude, Gasoline Inventory Draw

    Oil prices rose on Wednesday morning after the EIA reported yet another draw in crude and gasoline inventories

  • Oil Rises as Traders Look Ahead to Data
    Investing.com2 days ago

    Oil Rises as Traders Look Ahead to Data

    Oil was higher on Tuesday, as traders looked ahead to data on U.S. crude inventories and Middle East tensions waned. Crude oil futures rose 0.30% to $66.42 a barrel by 10:53 AM ET (14:53 GMT). Brent crude futures, the benchmark for oil prices outside the U.S., was up 0.49% $71.77 a barrel.

  • Gasoline Demand Impacts Crude Oil Prices
    Market Realist2 days ago

    Gasoline Demand Impacts Crude Oil Prices

    May 2018 WTI oil futures contracts rose 0.4% from the previous settlement to $66.51 per barrel at 1:45 AM EST on April 17, 2018. However, WTI oil futures contracts fell 1.7% on April 16, 2018.

  • In boost for farmers, Trump says he may allow E15 gasoline sales all year
    Reuters7 days ago

    In boost for farmers, Trump says he may allow E15 gasoline sales all year

    U.S. President Donald Trump said on Thursday his administration may allow the sale of gasoline containing 15 percent ethanol year-round, which could help farmers by firing up corn demand but faces opposition from Big Oil. The proposal marks the latest move by the Trump administration to navigate the rival oil and corn constituencies as they clash over the nation's biofuels policy. Oil refiners say the Renewable Fuel Standard requiring them to add biofuels into gasoline is costly and displaces petroleum, while the farm sector says the law provides critical support to growers.

  • In boost for farmers, Trump says he may allow E15 gasoline sales all year
    Reuters7 days ago

    In boost for farmers, Trump says he may allow E15 gasoline sales all year

    U.S. President Donald Trump said on Thursday his administration may allow the sale of gasoline containing 15 percent ethanol year-round, which could help farmers by firing up corn demand but faces opposition from Big Oil. The proposal marks the latest move by the Trump administration to navigate the rival oil and corn constituencies as they clash over the nation's biofuels policy. Oil refiners say the Renewable Fuel Standard requiring them to add biofuels into gasoline is costly and displaces petroleum, while the farm sector says the law provides critical support to growers.

  • Reuters7 days ago

    In boost for farmers, Trump says he may allow E15 gasoline sales all year

    U.S. President Donald Trump said on Thursday his administration may allow the sale of gasoline containing 15 percent ethanol year-round, which could help farmers by firing up corn demand but faces opposition from Big Oil. The proposal marks the latest move by the Trump administration to navigate the rival oil and corn constituencies as they clash over the nation's biofuels policy. Oil refiners say the Renewable Fuel Standard requiring them to add biofuels into gasoline is costly and displaces petroleum, while the farm sector says the law provides critical support to growers.

  • US Gasoline Inventories Increased for the First Time in 6 Weeks
    Market Realist7 days ago

    US Gasoline Inventories Increased for the First Time in 6 Weeks

    On April 11, 2018, the EIA released its crude oil inventory report. The EIA reported that US gasoline inventories increased by 0.5 MMbbls (million barrels) to 238.9 MMbbls on March 30–April 6, 2018. US gasoline inventories increased for the first time in six weeks. The inventories also increased by 2.8 MMbbls or 1.1% YoY (year-over-year).

  • Rigzone.com8 days ago

    Trump Says He Will Probably Allow E15 Gasoline Sales All Year

    President Trump says his administration may allow the sale of gasoline containing 15% ethanol year-round.

  • Gasoline and Distillate Inventories: Higher Crude Oil Prices?
    Market Realist8 days ago

    Gasoline and Distillate Inventories: Higher Crude Oil Prices?

    The API (American Petroleum Institute) released its gasoline inventory data on April 10, 2018. The API reported that US gasoline inventories increased by 2 MMbbls (million barrels) on March 30–April 6, 2018. Market surveys estimate that US gasoline inventories could have declined by ~1.4 MMbbls during the same period.

  • Thomson Reuters StreetEvents9 days ago

    Edited Transcript of MMP corporate analyst meeting

    Magellan Midstream Partners LP Analyst Meeting

  • MarketWatch9 days ago

    API data reportedly show weekly gains in U.S. crude and gasoline supplies

    The American Petroleum Institute reported Tuesday that U.S. crude supplies rose by roughly 1.8 million barrels for the week ended April 6, according to sources. The API data also showed a rise of 2 million ...

  • MarketWatch9 days ago

    EIA forecasts 14% spike in summer gasoline prices

    U.S. drivers can expect to pay much higher prices at the pump this summer than last, as prices for crude-oil climb, according to the Energy Information Administration’s Summer Fuels Outlook report released ...

  • Is Gasoline Demand Helping Crude Oil Bulls?
    Market Realist10 days ago

    Is Gasoline Demand Helping Crude Oil Bulls?

    May WTI oil futures contracts rose 0.4% from the previous settlement to $62.33 per barrel at 2:45 AM EST on April 9, 2018. However, WTI oil futures contracts fell 2.3% on April 6, 2018.

  • Reuters11 days ago

    Growing fleet of gasoline off Europe's coast threatens to sink profits

    Gasoline stored in ships off Europe's coast has ballooned to more than 400,000 tonnes, putting pressure on the continent's traders to compete for buyers once summer demand starts. Several vessels have joined the three initially booked to store fuel off Europe's ports in mid-March, and brokers said even barges have held cargoes of gasoline for three to four weeks as the volumes traded in Europe hit record levels last month. The tankers Torm Tevere, Ridgebury John B and STI Clapham are now parked off Europe's Amsterdam-Rotterdam-Antwerp hub, where on-land stocks hit a record 1.387 million tonnes last week, according to figures from PJK International.

  • Growing fleet of gasoline off Europe's coast threatens to sink profits
    Reuters13 days ago

    Growing fleet of gasoline off Europe's coast threatens to sink profits

    Gasoline stored in ships off Europe's coast has ballooned to more than 400,000 tonnes, putting pressure on the continent's traders to compete for buyers once summer demand starts. Several vessels have joined the three initially booked to store fuel off Europe's ports in mid-March, and brokers said even barges have held cargoes of gasoline for three to four weeks as the volumes traded in Europe hit record levels last month. The tankers Torm Tevere, Ridgebury John B and STI Clapham are now parked off Europe's Amsterdam-Rotterdam-Antwerp hub, where on-land stocks hit a record 1.387 million tonnes last week, according to figures from PJK International.

  • US Gasoline Inventories Fell for the Fifth Straight Week
    Market Realist14 days ago

    US Gasoline Inventories Fell for the Fifth Straight Week

    Are US Crude Oil Inventories and Production Moving Oil Prices?

  • Gasoline and Distillate Inventories Could Boost Crude Oil Futures
    Market Realist15 days ago

    Gasoline and Distillate Inventories Could Boost Crude Oil Futures

    Are OPEC and US Crude Oil Inventories Helping Oil Bulls?

  • Reuters17 days ago

    China's CNPC sells first gasoline to Americas; cargo heads to Bahamas

    BEIJING (Reuters) - Chinese state energy giant CNPC said on Tuesday it has sold its first ever gasoline to the Americas, with a 35,000-tonne cargo setting sail for the Bahamas on March 30, the latest sign ...

  • Rigzone.com17 days ago

    China's CNPC Sells First Gasoline To Americas As Fuel Stocks Hit Record

    CNPC says it has sold its first ever gasoline to the Americas.

  • Is Gasoline Demand Helping Crude Oil Prices?
    Market Realist17 days ago

    Is Gasoline Demand Helping Crude Oil Prices?

    Crude Oil Futures: What to Expect on April 2–6, 2018

  • US Gasoline Inventories Fell for the Fourth Consecutive Week
    Market Realist17 days ago

    US Gasoline Inventories Fell for the Fourth Consecutive Week

    Are Crude Oil Futures Changing Their Trend?

  • Mini built a gasoline-free classic car, but you can’t have one
    Digital Trends22 days ago

    Mini built a gasoline-free classic car, but you can’t have one

    Mini has converted a 1990s Mini to run on electricity. The company stresses its resto-modded classic is a one-off model built for the auto show circuit, not a preview of a model it will offer to the public.

  • Reuters22 days ago

    European trader Vitol stores gasoline aboard ships off Singapore

    European trader Vitol is storing gasoline on tankers offshore Singapore, Asia's biggest oil trading centre, for the first time since 2016 amid oversupply and weak demand for the fuel, said four people that participate in the market on Wednesday. The sources said that Vitol was seen storing gasoline aboard more than one so-called Long-Range (LR) tanker. At least one of the vessels is the tanker Glory Crescent, a so-called LR-2 tanker, said one of the four sources.

  • The best sales pitch for a hybrid electric car? Gasoline prices
    Quartz24 days ago

    The best sales pitch for a hybrid electric car? Gasoline prices

    Fort Lauderdale, Florida Are hybrid electric cars worth the money? It depends on the price of gasoline, according to data shared by the consultancy Avicenne Energy at the 2018 International Battery Seminar. Hybrid electric cars are essentially gasoline-powered cars with an electric battery. The battery allows hybrids to store energy from activities like braking, which…