Green Car Congress

MAY 22, 2019

Low-speed electric vehicles (LSEVs) could reduce China’s demand for gasoline and, in turn, impact global oil prices, according to a new issue brief by an expert in the Center for Energy Studies at Rice University’s Baker Institute for Public Policy. “

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Green Car Congress

JUNE 18, 2022

While diesel cracks eased month-on-month in May, both jet fuel and gasoline cracks surged as demand picked up seasonally. Following nearly two years of declines, observed global oil inventories increased by 77 mb in April. mb below the 2017-2021 average. OECD industry stocks also rose, by 42.5 Runs are forecast to rise by 3.5

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Green Car Congress

JULY 28, 2015

Along with acquiring a controlling stake in Korea’s S-Oil, the desert kingdom is commissioning a new refinery in Jizan which would have a capacity of around 400,000 barrels per day when it begins operations in 2017. Moreover, Indian refiners are now moving away from Saudi Arabia which was previously India’s largest crude oil supplier.

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