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Gasoline & diesel news · last 7 daysNew Jersey Democratic Governor Mikie Sherrill warned port and terminal operators in the state against "purchasing or unloading the illegal Russian fuel currently bound for the east coast of the United States." Sherrill's move threatens to complicate President Trump's efforts to…
European benchmark natural gas prices fell in the early morning on Wednesday, as traders brace for what will happen next in Iran after U.S. President Donald Trump lost Republican control of both chambers of Congress in the midterm elections on Tuesday. The front-month price at…
SunExpress is trimming capacity across its network this winter and passing some extra costs onto passengers as the carrier tries to cushion the blow from rising jet fuel prices driven by the Middle East conflict.
Uber Technologies’ revenue growth slowed further in the latest quarter on weakness in its core ride-hailing business.
While crude oil imports in Asia have reached pre-war levels, imports of refined products remain weak as gasoline and diesel imports from the Middle East have crashed amid reduced refining capacity. Asia’s oil import story these days is a reflection of the global oil…
JetBlue raised baggage fees for the third time in a year as fuel costs continued to climb.
National average gas prices were $4.15 per gallon on Tuesday, according to data from AAA.
Americans driving to the polls will pay gas prices averaging over $4 a gallon for the first time on record on an election day, the latest milestone in an energy crisis that has taken center stage in the US midterms.
Governor Mikie Sherrill warned New Jersey port and terminal operators against accepting Russian diesel shipments authorized by the Trump administration, arguing that such imports would violate federal law and noting at least one tanker carrying the fuel may be headed for the…
A huge jump in refining profit powered Marathon Petroleum's third quarter. Here's how much of it the company actually controls, and what could make it fade.
Exports edged higher despite a lull in Ukrainian attacks that boosted processing
Renewed talk about settling the Middle East war gives motorists a break. Gas prices fallen nearly 6% since September. Diesel prices are down, too.
Marathon Petroleum is nearing a deal for the sale of several refineries to CVR Energy, with the sale expected to be worth $4 billion, the Wall Street Journal has reported, citing unnamed sources. The deal could be announced later today. The refining sector has become the star of…
Aramco posted third-quarter earnings on Tuesday.
Russia’s Yanos oil refinery was damaged in a massive overnight drone attack, as Ukraine resumed strikes on its adversary’s energy industry.
The German airline faced increased fuel prices since the summer, but said strong demand and cost discipline lifted its profit in the third quarter.
CVR Energy Inc., an oil refiner controlled by billionaire investor Carl Icahn, is near a deal to buy refineries from Marathon Petroleum Corp. for more than $4 billion, the Wall Street Journal reported, citing people familiar with the matter.
The deal comes as global conflicts have boosted U.S. refiners’ sales.
Retail gas prices dropped to $4.12 a gallon on Monday, as U.S. oil prices fell below $100 a barrel.
Valero Energy's deal to purchase the mothballed LyondellBasell refinery in Houston promises to quickly boost overall U.S. refining capacity in 2027.
A major oil hub in Russia’s Volga region appears to have caught fire after an attack, Bloomberg reported on Monday, citing satellite images from NASA’s Fire Information for Resource Management System. An image taken on Monday showed a relatively fresh heat anomaly, which could…
Exxon CEO Darren Woods says diesel is the "key crunch point" in the fuel shortage, and Exxon's refineries just out-earned its oil fields.
Ryanair CEO Michael O'Leary speaks on Bloomberg Television after the airline announced it will embark on a cost purge to help offset a €2 billion ($2.2 billion) increase in fuel charges next year. "My advice to consumers now is book early for next summer because the prices are…
Average fuel costs during president’s second term pass Biden-era levels as affordability issues top Tuesday’s midterm polls
Japan’s spot power prices surged at the weekend, with elevated fuel costs driving rates in major electricity-consuming regions Tokyo and Chubu to multi-year highs.
Conflicts in the Middle East and Ukraine have slashed fuel production capacity and sent margins way up
President Donald Trump promised voters who were angry about inflation that he would slash gasoline prices below $2 a gallon in his first year in office.
Russia’s government has extended a general ban on diesel exports by producers until the end of January while still allowing some volumes to flow to the global market.
Ukraine’s drone forces struck a complex of refineries deep within Russia, even as Kyiv and other parts of the country struggled to restore electricity following overnight Russian strikes on energy infrastructure.
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