diesel

Oil fell on Monday, reversing earlier gains but continuing a recent losing streak, on concerns that an expected increase in interest rates in the US, the world’s biggest oil user, may limit fuel demand growth. Brent crude futures for…
Read More...

Kuwait’s Ministry of Interior has seized an Iranian ship carrying 240 tons of smuggled diesel, a report by Dubai-based Al Arabiya TV said Saturday. The ministry said it has seized the ship in territorial waters and has arrested its crew…
Read More...

Mexico and Norway’s central banks have chosen to hike rates, while their Israeli counterpart predicts it too could introduce a quicker rise than expected. The Swiss central bank meanwhile is holding firm on lifting the world's lowest…
Read More...

China’s diesel exports in December sank to their lowest monthly level since March 2015, bringing the 2021 total to the lowest since 2016 at 17.21 million tons, data showed on Tuesday. December exports of diesel slumped to 330,000 tons,…
Read More...

Electric car sales in Europe passed those of diesel engines for the first time in December as they hit 176,000, the Financial Times reported. Diesel sales over the same month stood at around 160,000. The electric vehicle deals…
Read More...

The Iranian navy has seized a foreign ship in Gulf waters smuggling diesel, Iranian news media reported on Saturday. “A foreign ship, carrying smuggled diesel was seized,” said Col. Hajjian, commander of the Naval Type 412 Zulfaqar in…
Read More...

Oil prices fell on Monday after China said it released reserves of gasoline and diesel to boost supply, while investors unwound long positions ahead of an OPEC+ meeting on Nov. 4. China released reserves of the two fuels to increase…
Read More...

Sudan fully liberalized gasoline and diesel prices on Tuesday, according to a statement from the finance ministry that said previous prices would be canceled and gave new prices that it said were in line with import costs. Sudan has been…
Read More...