Saudi diesel import set to hit record levelsSaudi Arabia will import near record high diesel volumes this summer, as it gears up to beat the sweltering heat and meet rising travel needs during the fasting month of Ramadan, trade sources sai More… |
Iran to boost diesel exports to IraqIran will more than double its diesel exports to Iraq thanks to higher capacity at its refineries, a leading oil official said. Trade relations between the two former enemies have improved markedly over the last few years, with bi More… |
Natural gas could oust diesel in many sectorsUnless prices for natural gas and crude start to converge soon in the US, the overwhelming incentive to switch to dual fuel engines which use a mix of diesel and natural gas will be overwhelming. More… |
India retailers to hike diesel priceIndia's government told fuel retailers to raise the price of subsidised diesel in small amounts every month starting today in an attempt to prop up public finances without causing a popular backlash before elections. Fuel subs More… |
Growing Saudi output threatens Asian glutA huge increase in Saudi Arabia's capacity to produce cleaner diesel will reduce its reliance on fuel imports from next year, forcing current suppliers of the fuel to find new buyers in an over-supplied Asian market, said e More… |
Iran to ration diesel to curb smugglingIran plans to ration diesel supplies in a bid to curb rampant smuggling of the scarce fuel to neighbouring countries, its oil minister said on Wednesday. Government-issued smart cards have controlled private Iranian motorists' More… |
Saudi refinery eyes Europe diesel exportsA new refinery in Saudi Arabia, that is a joint venture of Saudi Aramco and France's Total, is likely to start diesel exports from the second quarter of next year and is targeting the European market, industry sources said yesterday. More… |
Fuel shortage 'not linked to smuggling'Claims that a diesel smuggling operation was behind a shortage of the fuel in the Bahraini market have been denied by officials. They attributed the issue to a confusion over Bahrain Petroleum Company (Bapco) opening its new diesel load More… |
Rupee hits fresh low; India may lift diesel priceThe Indian rupee hit a fresh low on Thursday as a sharp increase in petrol prices failed to lift sentiment, although expectations grew that New Delhi could take the more politically fraught step of raising diesel prices as soon as Friday. More… |
Syria faces halt in diesel from RussiaSyria is facing a halt in imports of diesel needed to power heavy vehicles including army tanks, as a stream of shipments from Russia and other sources has dried up over the past four weeks, industry sources say. More… |








