Gasoline News

Oil Heads for Weekly Gain; Gasoline Advances on Hurricane Irene

admin — Fri, 26 Aug 2011 06:28:05 +0000

Oil headed for the first weekly gain in five on speculation the U.S. will take further steps to bolster the world’s largest economy and crude consumer. Gasoline traded near the highest in three weeks as Hurricane Irene threatened to disrupt fuel supply.

Oil Heads for Weekly Gain; Gasoline Rises on Hurricane Irene

admin — Fri, 26 Aug 2011 04:52:01 +0000

Oil headed for its first weekly gain in five as investors weighed the likelihood the U.S. will take further steps to bolster the economy amid signs growth is slowing. Gasoline extended gains as Hurricane Irene threatened to disrupt production.

Oil Heads for Weekly Gain; Gasoline Rises on Hurricane Irene

admin — Fri, 26 Aug 2011 03:32:03 +0000

Chicago Gasoline Premiums Widen On Refinery Snags

admin — Tue, 23 Aug 2011 22:37:09 +0000

Dow Jones )- Chicago's spot gasoline pricing premiums widened sharply Tuesday as refiners stepped in to buy following news of production problems at two area refineries. A compressor snag at a …

Exxon Reports Upset Of Baytown Gasoline-Making Unit

admin — Fri, 19 Aug 2011 18:53:43 +0000

ExxonMobil Corp. (XOM) told Texas environmental regulators that FCCU No. 3 tripped Aug. 17 at its 560,600-barrel-a-day refinery in Baytown, Texas. A spokeswoman also said the catalytic lighting unit …

Crude Inventories Rise Sharply, Gasoline Inventories Plunge

admin — Wed, 17 Aug 2011 14:33:56 +0000

The EIA just released its weekly oil inventory report, and crude oil inventories rose 4.223 million barrels, versus estimates of a draw down of 500,000 barrels. Distillate inventories came in at 2.449 million barrels, versus estimates of a rise of 550,000 barrels.

Brent crude rises, above $109 on US gasoline draw

admin — Wed, 17 Aug 2011 06:36:39 +0000

Brent crude rose on Wednesday, staying above $109 a barrel as a larger-than-expected drawdown in US gasoline stocks.

Brent Crude Rises, Above $109 on U.S. Gasoline Draw

admin — Wed, 17 Aug 2011 05:59:00 +0000

Brent crude rose on Wednesday, staying above $109 a barrel as a larger-than-expected drawdown in U.S gasoline stocks and positive U.S. economic data trumped concerns over the euro zone debt crisis.

Oil Up Near $87 on Tighter US Gasoline Stocks

admin — Wed, 17 Aug 2011 01:07:00 +0000

U.S. crude rose 0.2 percent to near $87 a barrel on Wednesday as declining U.S. gasoline stockpiles helped offset lingering concerns over Europe’s debt crisis.

Gasoline and heating oil trade higher after hours as API data shows a decrease in inventories for the week ended Aug 12. Gasoline inventories fell a whopping 5.4M barrels, well beyond the expected 2.3M barrel shortfall anticipated, while distillates (heating oil) fell 1.3M barrels, versus expectations for a 700K barrel rise.

admin — Tue, 16 Aug 2011 21:40:14 +0000

Gasoline and heating oil trade higher after hours as API data shows a decrease in inventories for the week ended Aug 12. Gasoline inventories fell a whopping 5.4M barrels, well beyond the expected 2.3M barrel shortfall anticipated, while distillates (heating oil) fell 1.3M barrels, versus expectations for a 700K barrel rise. Post your comment!