Friday 18 April 2014
 
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gasoline

Brent regains some ground, on weaker dollar

Brent futures rose towards $103 a barrel on Thursday as the dollar weakened, regaining ground from their biggest slide in almost a month the day before. The decline in the dollar, under pressure from growing expectations the Feder

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Oil slips towards $103 on US demand worries

Brent crude oil dropped towards $103 per barrel on Wednesday after data showing a surprise jump in US gasoline stockpiles sparked worries that summer demand in the world's top oil consumer could be weaker than expected. The Am

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UAE eyes gasoline self-sufficiency by 2014 end

The UAE is set to become self sufficient in gasoline by the end of 2014, when its refining capacity will be boosted by the Ruwais plant expansion, an official from Abu Dhabi National Oil Company (Adnoc) said. "We're tryin

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Trafigura gets gasoline to Iraq despite blacklist

Trader Trafigura is still indirectly supplying gasoline to Iraq through another firm, four industry sources said, despite being blacklisted for dealing with the Kurdistan region, at loggerheads with Baghdad. Trafigura, which had b

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Bapco starts gasoline contract talks

State-run Bahrain Petroleum Co (Bapco) has started negotiations for its 2013 term contract for gasoil and jet fuel, with price levels for gasoil much higher than this year, said industry sources. Bapco's term contract for the

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UAE faces gasoline susbsidy dilemma

Emiratis' love of cheap gasoline has caused a fissure in the UAE establishment, setting a top government body against national oil companies fighting to stem losses from selling underpriced fuel. Two years ago the UAE considered phasing ou

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Aramco to import more fuel on supply shortage

Saudi Aramco, the world's largest oil exporter Saudi Arabia's state oil firm, is expected to import higher-than-usual volumes of gasoline and gasoil. The increased import will plug a supply shortage caused by refinery maintena

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Iran 'will export gasoline by 2013'

Iran's President Mahmoud Ahmadinejad said on Wednesday his country would become a major gasoline exporter by 2013, despite the West's toughest ever sanctions on the state. Following a subsidy reform plan under which the government

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Total, Vitol win big UAE gasoline tender

French oil major Total and trading house Vitol have won a tender to supply the UAE fuel retailer Emarat with 1.2 million tonnes of 95 RON gasoline in 2012, traders said. Vitol won 65 per cent of the volume, while the rest was awarded to T

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Emarat seeks 84,000 T gasoline

UAE fuel retailer Emarat has opened a tender to buy up to 84,000 tonnes of gasoline for delivery in the fourth quarter, traders said on Monday. The company is seeking 9,000 tonnes of 98 RON gasoline and 75,000 tonnes of 95 RON gasoline del

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