Heating Oil News

• Gov’t urged to consolidate and cap fuel related levies and taxes 07/18/2025
  By Naa Shormei Odonkor Kumasi, July 18, GNA –A tax analyst has suggested to the Government to consider consolidating all fuel related taxes and levies and cap ...
• California Needs 'Concrete' Steps for Oil Output Rebound, Analysts Say -- OPIS 07/18/2025
  The state's crude oil output has been declining for some time, according to state data. Year-to-date, California has issued five new drilling permits and 2,031 plug and seal permits, according to the ...
• Russia says EU’s 18th package of sanctions not to have desired effect 07/18/2025
  The restrictions imposed on imports from third countries of petroleum products produced from Russian oil "will inevitably lead to an increase in fuel prices on the EU market, the Russian Permanent Mis ...
• Southwest Georgia Oil partners with LottoShield 07/18/2025
  LottoShield integrated its systems across its sites in less than two weeks. By choosing San Ramon, California-based LottoShield as its lottery management partner, Southwest Georgia Oil aims to ...
• Cary Oil Makes Pair of Acquisitions in Midwest, South Expansion 07/18/2025
  The fuels distributor added nearly 100 branded contracts to its presence across Illinois, Kentucky and the Memphis, TN area.
• Fuel prices seen higher by P0.90per liter next week 07/18/2025
  Consumers can expect another round of oil price increases next week by as much as P0.90 per liter amid improving global oil demand. Jetti Petroleum ...
• Oil, LNG exports fuel record-setting first half at Corpus Christi port 07/18/2025
  Exports of crude oil, liquefied natural gas and bulk materials take the port past the 100 million mark in the first half for the first time in its history.
• China's refined oil exports dip 0.6% in June but hit 12-month high 07/18/2025
  China's exports of refined products, including diesel, gasoline, aviation fuel and marine fuel, fell 0.6% year-on-year to 5.34 MMt in June, though the figure marked the highest monthly total since ...
• Oil Prices Climb as EU Sanctions Target Russian Trade 07/18/2025
  The EU's 18th sanctions package against Russia, targeting oil trade and closing loopholes, has driven up oil prices, with Brent Crude returning above $70 a barrel.
• Oil prices rise after new EU sanctions on Russia 07/18/2025
  Crude oil futures rose on Friday while gasoil futures jumped to a 17-month high as investors weighed new European Union sanctions against Russia.
• Gas Prices Fall Again as Summer Heats Up 07/18/2025
  With the national average around $3.17 per gallon, U.S. drivers are enjoying the cheapest summer fuel prices since 2021.
• EU sets lower, 'dynamic' Russian oil price cap and blacklists over 100 additional tankers 07/18/2025
  Strongest' EU package yet targets oil price, vessels, masters, a flag, fuel imports and a Rosneft refinery in India ...