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gasoline

US retail sales rebound strongly in January amid additional stimulus
World

US retail sales rebound strongly in January amid additional stimulus

  • Retail sales surged by a seasonally adjusted 5.3% last month, the Commerce Department said on Wednesday.
  • Further gains in sales are expected in the months ahead. The US Congress is considering President Joe Biden's $1.9 trillion recovery plan, which will include an additional $1,400 checks to households.
Published 17 Feb, 2021 08:56pm
Opinion

RLNG is no panacea

It is increasingly getting clear that RLNG has issues of irregular pricing and there are other supply chain issues...
Published 17 Feb, 2021 04:24am
Asia Naphtha/Gasoline-Naphtha crack slips; gasoline demand seen to firm up
Markets

Asia Naphtha/Gasoline-Naphtha crack slips; gasoline demand seen to firm up

  • The naphtha crack dipped to $107.15 per tonne from $108.88 per tonne on Monday. It has surged about 77% in the last two months.
  • Naphtha flows into Asia this month was provisionally estimated around 5.6 million tonnes, down from January's of 6.2-6.3 million tonnes, Refinitiv oil research assessments showed.
Published 09 Feb, 2021 05:11pm
European gasoline margins fall
Markets

European gasoline margins fall

LONDON: Benchmark northwest European gasoline margins fell to around $3.4 a barrel on Thursday, as weak demand due ...
Published 31 Jan, 2021 03:36am
US retail sales fall again in December
World

US retail sales fall again in December

  • Data for November was revised down to show sales declining 1.4% instead of 1.1% as previously reported.
  • The report followed in the wake of news last week that the economy shed jobs in December for the first time in eight months.
Published 15 Jan, 2021 07:46pm