Gasoline News

Oil tanker bursts into flames after colliding with ship at least eight dead

At least eight people have died after an oil tanker caught fire following a collision on a river in China.The tanker hit a gravel barge in the early hours of Thursday morning at the mouth of the Yangtze, 1.5 nautical miles (2.78km) southeast of the river's light-vessel. The boat sank in the collision and caused a fire to break out on the deck of the tanker…

Gensets Market is Booming Worldwide 2020-2027

New Jersey, United States,- The Gensets Market Research Report by Verified Market Research focuses on some of the vital aspects of the market such as Revenue Rate, Market Share, Key Regions, and Production as well as Key Players. This Gensets report also provides the readers with detailed figures at which the Gensets market…

Energy Shares Fall as Oil Prices Continue to Slide -- Energy Roundup

Shares of energy companies sank as oil futures traded lower, under pressure from continued worries over prospects for demand as the COVID-19 pandemic undermines economic growth. In Asia, a cutback in refining activity in response to poor fuel demand is a troubling sign, analysts said. "Simply put, demand for crude has waned over the past month.

What’s driving the Engine Control Units (ECU) Market Growth Analysis by Top Companies Bosch Motorspo

Global Coronavirus pandemic has impacted all industries across the globe, Engine Control Units (ECU) market being no exception. As Global economy heads towards major recession post 2009 crisis, Cognitive Market Research has published a recent study which meticulously studies impact of this crisis on Global Engine Control Units (ECU) market and suggests possible measures to curtail them.

U.S. Says Iran Forces Boarded Tanker in International Waters

(Bloomberg) -- Iranian forces boarded a small tanker in international waters for several hours, serving the world a reminder of tensions in the region that flared up last year and embroiled merchant shipping.The Wila was in the Gulf of Oman, roughly 20 miles from the United Arab Emirates, when it was boarded for about five hours late Wednesday afternoon, according to a U.S.

Ask Sam: Can We Use Carbon Dioxide To Make Stuff?

Every other Friday on Morning Edition NHPRs Sam Evans-Brown tracks down answers to questions about the environment and outdoors for our listeners in a segment we call Ask Sam."Daniel from Sonora, Mexico asks: Is there a way we can use carbon dioxide, so we can get rid of global warming? Like using it for energy?Ask Sam - Carbon Neutral FuelsIndeed…

14 Missing After Oil Tanker Collision Near Yangtze Estuary

Fourteen people are missing after an oil tanker carrying 3,000 tons of gasoline collided with a cargo ship near the Yangtze River estuary Thursday, Shanghais maritime authority reported.Seventeen people were aboard the two ships 14 on the oil tanker and three on the cargo ship, which was transporting gravel when they collided at 3:39 early Thursday morning.

Global Plating On Plastics (POP) Market was valued surpassed USD 500 million in 2019 and is projecte

Trusted Business Insights answers what are the scenarios for growth and recovery and whether there will be any lasting structural impact from the unfolding crisis for the Plating On Plastics (POP) market.Trusted Business Insights presents an updated and Latest Study on Plating On Plastics (POP) Market 2019-2029. The report contains market predictions related to market size…

Iranian fuel cargo headed for US after seizure warrant issued

Tankers carrying Iranian fuel cargoes have been issued with a seizure warrant and are making their way to the United States, a government source revealed.The cargoes were originally meant for Venezuela, after Tehran promised to aid Caracas with fuel despite US sanctions on both countries. The confiscated fuel amounts to 1.2 million barrels of Iranian petrol…

Trumps OPEC Push Fails to Avert U.S. Oil Industrys Breakdown

(Bloomberg) -- A push by President Donald Trump and the worlds biggest oil producers to shore up crude prices has failed to stop an avalanche of bankruptcies in the industry, and more are still to come.The Covid-19 pandemics devastating effect on the oil market is rippling throughout the supply chain, from explorers to the companies that provide them with workers and equipment.

China slows crude oil storage flows slightly in July, Auto News, ET Auto

China's refined product exports were 3.21 million tonnes in July, which works out to about 828,000 bpd using the BP conversion factor of one tonne of product to eight barrels.LAUNCESTON: China's massive build-up of crude oil inventories this year slowed somewhat in July, but remained elevated by historical standards as…

China thirsty for US crude after record refinery action

China refineries processed a record amount of crude oil last month, and now they are looking to the U.S. to find crude.China is looking to book oil tankers for August and September to ship at least 20 million barrels of U.S. crude, according to Reuters. The move comes as there is increasing pressure on the Chinese to fulfill their commitments to the Phase One U.S.

Bullish Sentiment Is Building In Oil Markets

Oil market fundamentals are gradually…The boom in the electric…Oil prices have been trading…Josh OwensJosh Owens is the Content Director at An International Relations and Politics graduate from the University of Edinburgh, Josh specialized in Middle East and…More InfoBy Josh Owens - Aug 18, 2020, 2:00 PM CDTFor…

Prices still low, but climbing

Kansas Common crude at CHS in McPherson starts the week at $32.25 per barrel after dropping 25 cents on Friday. That's 75 cents a barrel more than a week earlier, and a dollar seventy-five higher than at the beginning of the month, but about 13 dollars a barrel less than a year ago.Independent Oil & Gas Service reports the statewide rig count in Kansas is unchanged from a week ago…

Iran acknowledges cargo in U.S.-seized tankers

Four tankers whose fuel was seized by the U.S. over the past month were heading to Venezuela and carrying gasoline loaded in Iran, according to Iranian Oil Minister Bijan Namdar Zanganeh.His comments are the first acknowledgment by Tehran that the vessels were transporting cargo from the Islamic Republic when the U.S. confiscated it.