Tag: Gasoline

Russia extends gasoline export permits until end of Aug 2025, Ifax reports

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gasoline export

Russia extends gasoline export permits until end of Aug 2025, Ifax reports February 27, 2025 MOSCOW: The Russian government has decided to extend petrol export permits for producers until the end of August 2025, Russian news agency Interfax reported on Thursday. China’s April gasoline exports fall to lowest level since July 2015 on recovering domestic demand The government made the decision to maintain a stable situation in the domestic fuel market and support the oil refining economy, Interfax reported.

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Oil slips after surprise build in U.S. gasoline stocks

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oil price

Oil prices edged lower on Wednesday as a large, surprise build in U.S. gasoline stocks outweighed easing supply concerns from a ceasefire deal between Israel and Hezbollah. Brent crude futures fell 12 cents, or 0.2%, to $723.69 a barrel by 10:40 a.m. ET (1540 GMT) and U.S. West Texas Intermediate crude eased 15 cents, or 0.2%, to $68.64. U.S. gasoline stocks rose by 3.3 million barrels in the week to 212.2 million barrels, the Energy Information Administration said, compared with analysts’ expectations in a Reuters poll for a 46,000-barrel draw.?…

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