US oil refineries run at breakneck speeds as wars choke fuel supplies
High utilisation rates create risks of outages at a time when fuel prices are already up sharply
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https://www.ft.com/content/ecf9967d-de7f-405f-b746-f09a26f3a86a?syn-25a6b1a6=1
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Gasoline prices in Russia increased by 1.66% from July 14 to 20, while diesel fuel prices rose by 1.87%, according to Rosstat.
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The rise in gasoline prices in Russia from July 14 to 20 slowed down to 1.66% after 2.25% a week earlier, and for diesel fuel to 1.87% after 3.18% - Rosstat
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French shipping firm CMA CGM will impose an emergency fuel surcharge following the renewed escalation of hostilities in the Strait of Hormuz, effective August 1, it says in a notice posted on its website.
“Following the renewed escalation of hostilities in the Strait of Hormuz over the past days, fuel prices have surged sharply again, reversing the easing observed in recent weeks. As a result, bunker costs have significantly increased across all regions and trades, impacting the overall cost of ocean transportation,” the firm says.
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