Asia’s diesel spot activity ticked up as refiners emerged to start their February sales, though discussions on the trading window remained muted and market structure remained in a slight backwardation. At least three major refiners in northeast Asia sought to sell their regular spot volumes for Feb»»»

The US Coast Guard warned of possible Texas port closures from Corpus Christi to Houston and began restricting vessel traffic because of Tropical Storm Beryl, which is expected to become a hurricane before making landfall by Monday morning at Port Lavaca. Port closures could bring to a temporary ha»»»

— Gas prices in the United States have slid from their all-time peak in fall 2022, but there are drivers in at least one state who still pull up to the pump and cringe. The current average gas price in the US is $3.10. In California, it’s $4.49, according to AAA. That’s not an anomaly ­— California»»»

Brent crude futures have surged 20% since the Ukraine war started, signaling that retail fuel prices could rise further. California, already paying record prices for motor fuel, is set to shell out even more with the Golden State more exposed to surging oil prices than the rest of the country in th»»»