Russia is importing almost 270,000 metric tons of refined fuels from ship-to-ship transfers in Asia in August, according to preliminary shipping data and trade sources, as it seeks to ease fuel shortages due to Ukrainian attacks on its oil refineries.
Oil refiners in India and the U.S. are reaping a bonanza as wars in Iran and Ukraine have disrupted global fuel supplies, driven up prices, and left importers scrambling for barrels at the height of the summer driving season in the Northern Hemisphere.
Fuel stations in Moscow have reimposed limits on gasoline purchases due to fuel shortages linked to Ukrainian drone attacks on refineries and strong seasonal demand, according to Reuters witnesses and fuel suppliers.
U.S. crude and gasoline inventories rose while distillate stockpiles fell last week, the Energy Information Administration said on Wednesday, while refiners cranked up utilization to capture higher fuel prices.
Northwest European gasoline margins edge higher
LONDON, Aug 19 (Reuters) - Northwest European gasoline refining margins edged 53 cents higher to $39.78 a barrel on Wednesday, lifted by tighter supplies.
About 16,000 metric tons of gasoline E5 barges traded, with Trafigura and Equinor selling to TOTSA, Varo, MB Energy and Petroineos
Another 8,000 tons of gasoline E10 barges traded, with Exxon, Sahara and Shell selling to Varo and Trafigura.
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