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EU has to look at Asia for oil imports: UBS report

With the embargo on imports of Russian oil by the European Union (EU) to kick in by the year end, the region has to look at other sources, mainly China, said UBS in a report citing an oil industry expert.Global investment firm UBS had recently . ....

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Strained gasoline supplies lead American fuelmakers to maximize output

It may not be quite throwing caution to the winds, but the prospect of hefty profits and supply that may not stretch to meet consumer demand is enticing U.S. refiners to run at a 21-month high, testing equipment limits to sustain high rates without breakdowns. ....

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The Loss Of US Refining Capacity Is Helping Drive Record Diesel Prices, And It Won't Improve Anytime Soon

ZeroHedge - On a long enough timeline, the survival rate for everyone drops to zero ....

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USAC refiners could replace Russian crude with Bakken to loosen tight supply | Hellenic Shipping News Worldwide

US Atlantic Coast refiners could boost volumes of Bakken crude into their plants to replace Russian barrels, helping to increase crude supply and lower the price of gasoline and diesel in the region, according to speakers at a press conference the American Fuel & Petrochemical Manufacturers held April 4. The trade group held the conference . ....

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Want renewable diesel? Better hope there's enough raw material to make it

Estimates are for increases in supply of several hundred percent, raising the question of whether there are enough raw materials to reach those renewable diesel goals. ....

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