Lower American gasoline demand, higher fuel production after refiners returned from autumn maintenance, and cheaper prices due to a supply glut and transit issues at the Panama Canal prompted some rare shipments of U.S. gasoline cargoes to places such as Mozambique and Australia, Reuters reports, citing ship-tracking data.
The tanker STI Madison, which was chartered by TotalEnergies’ Atlantic Trading & Marketing, loaded 700,000 barrels of gasoline from Marathon Petroleum’s refinery in Garyville, Louisiana, in the…American Gasoline Finds New Market in Australia
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