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XL Hybrids Secures Carb Approval for Incentive Vouchers for Hybrid-Electric Conversions of Fleet Vehicles

Jul 16, 2016

XL Hybrids has received approval from California Air Resources Board (CARB) for incentive vouchers for converting hybrid-electric vehicles to fleet vehicles. The approval for the first California Heavy Duty Voucher Incentive Project ...

Tags: XL Hybrids, Fleet Vehicles

China-Made Cadillac Hybrid Car to Be Sold in US Market

Jan 14, 2016

Two days after unveiling the first new vehicle from Detroit's Big 3 imported from China, General Motors Co said it also will import the plug-in hybrid version of the Cadillac CT6 luxury sedan to the US from the Chinese mainland. The ...

Tags: plug-in hybrid CT6, electric vehicles

China Sets Floor for Retail Fuel Pricing

Jan 13, 2016

China will not cut its domestic retail fuel prices when international oil prices fall below 40 U.S. dollars a barrel, the country's economic planner said on Wednesday. Previously, China set a ceiling for domestic retail fuel prices, which ...

Tags: Retail Fuel Pricing, oil products

Oil Prices to Remain Low Well Into 2016

Dec 29, 2015

Crude prices have gone down nearly 30 percent this year, and analysts expect oil prices to remain low for even longer. Boon for consumers Lower oil prices are generally good for US consumers and the economy, said Jason Bordoff, ...

Tags: Oil Prices, Crude Oil

U.S. Gasoline Prices Reach Record Low

Dec 24, 2015

For drivers in the United States this year, it's been the gift that keeps on giving with low gasoline prices helping them saving money. The US national average for gasoline has dropped below 2 US dollars a gallon, the lowest price since ...

Tags: U.S.Gasoline Prices

Brent Oil Price Hits 11-year Low amid Oversupply Worries

Dec 22, 2015

Brent oil price hit 11-year low Monday as the market continued to be plagued by an oversupply of crude oil and weakening demand. Brent crude for February delivery decreased 53 cents to close at 36.35 U.S. dollars a barrel on the London ...

Tags: Brent oil, Oil prices

US Refinery Margin Tracker: Unquenchable Gasoline Demand a Gift for US Refiners

Dec 15, 2015

Unseasonably strong gasoline demand is proving for US refiners to be the gift that keeps on giving this holiday season, as support from seasonal diesel demand is tamped down by record high temperatures across much of the US. Gasoline ...

Tags: gasoline, diesel, ULSD

RBOB Crack Surges After EPA Finalizes Renewable Fuels Mandate

Dec 2, 2015

The unveiling of final renewable fuel requirements for US refiners ignited a rally in gasoline futures Tuesday, helping support the rest of the oil complex. The front-month gasoline crack, basis ICE Brent, reached $13.61/b Tuesday, its ...

Tags: RBOB, gasoline, Renewable Fuels

Sugarcane Crush in Brazil's Parana State Down 31% in H1 November: Alcopar

Nov 25, 2015

The amount of sugarcane crushed in Brazil's Parana state in the first 15 days of November was down 31% year on year to 1.61 million mt, the Bioenergy Producers Association of Parana (Alcopar) said. Parana is one of the sugarcane producing ...

Tags: sugarcane, Bioenergy, ethanol, gasoline

Higher Brazilian Ethanol Price Fails to Halt Another Demand Record in October

Nov 25, 2015

Brazilian hydrous fuel ethanol demand in October rose 45% year on year to 1.75 billion liters, the fourth monthly consumption record in a row, according to data released by the National Petroleum Agency, or ANP. October's total was also 7% ...

Tags: hydrous ethanol, hydrous fuel, gasoline

Corn Has Competition as Ethanol's Leading Grain

Nov 19, 2015

In terms of ethanol production, corn has some competition this winter— grain sorghum. The grain, also known as milo, produces the same amount of ethanol per bushel, but uses one third less water in the process of creating the fuel. It ...

Tags: Corn, grain, ethanol

Oct Brazilian Ethanol Exports to Europe Jump to Highest Monthly Total Since 2010

Nov 10, 2015

Brazil exported 46.9 million liters of ethanol to Europe in October, the most it had exported to the region on a monthly basis since October 2010, data from the Secretariat of Foreign Trade (SECEX) showed Monday. Of that total, 33.6 ...

Tags: ethanol, gasoline

Grade B Ethanol Market Spotlight Turns on Pakistan as Brazil Remains Pricey

Nov 4, 2015

Pakistan is set to regain ground in the Asian beverage-grade ethanol market amid recent surge in Brazilian ethanol -- the predominant source of grade B product currently, market sources said Tuesday. With several Pakistani sellers set to ...

Tags: freight rates, Grade B Ethanol, price

Hydrous Fuel Ethanol Prices in CS Brazil Hit All-Time High

Nov 4, 2015

Hydrous fuel ethanol prices in Center-South Brazil surged on Tuesday to be assessed by Platts at Real 1,950/cu m on ex-mill Ribeirao Preto, up 7% from a week ago and a new all-time high. Hydrous fuel ethanol is used in Brazil as a ...

Tags: Hydrous fuel, ethanol, gasoline

GM Boosting Output of Big SUVs and Trucks

Aug 17, 2015

US automotive giant General Motors (GM) is upping the output of large SUVs and trucks capable of translating into 48,000 to 60,000 additional vehicles for the 2016 model year. GM's Arlington, Texas, unit has added overtime shifts that is ...

Tags: SUVs, Trucks

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