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So demanding: US gasoline marketers zero in on potential future growth areas

Things are funny at the far end of the supply chain. Cheap gasoline has its champions.

European distillate oversupply means some shippers take the long route around Africa

(Fri, 26 Feb 2016) In Europe, the combination of low winter heating demand, high refinery runs, and increased imports have kept distillate fuel oil inventories in the Amsterdam, Rotterdam, and Antwerp (ARA) area far above normal. Higher inventories have lowered distillate futures prices in the ARA area to a point where inventories are being held in floating storage and imported cargos are being diverted to longer voyages.

Iran's Khamenei says big election turnout will disappoint foes

TEHRAN, Feb 26 (Reuters) - Iran's supreme leader urged voters to turn out in big numbers for two crucial elections on Friday, saying such a show of strength would frustrate Tehran's enemies.

UPDATE 1-Iranians start voting for new parliament, Assembly of Experts

TEHRAN, Feb 26 (Reuters) - Iranians went to the polls on Friday in parliamentary and Assembly of Experts elections, seen as a contest between hardliners entrenched in power and allies of pragmatist President Hassan Rouhani seeking to expand their influence.

Iran begins crucial elections for parliament and Assembly of Experts - TV

TEHRAN, Feb 26 (Reuters) - Iranians head to the polls on Friday in parliamentary and Assembly of Experts elections, seen as a contest between hardliners entrenched in power and allies of pragmatist President Hassan Rouhani seeking to expand their influence.

UPDATE 1-Oil prices dip on continued oversupply, despite news of meeting to freeze output

* Analysts say any output freeze would not reduce supply glut

BHP Billiton says no settlement yet on Brazil dam disaster

MELBOURNE, Feb 26 (Reuters) - BHP Billiton said on Friday that no agreement has been reached yet with Brazilian authorities to fund clean up and damages for a dam burst that killed at least 17 people in that country's worst environmental disaster.

RPT-COLUMN-U.S. refiners lose control of distillate stocks: Kemp

LONDON, Feb 25 (Reuters) - According to the U.S. government, there are over 1.3 billion barrels of crude oil and refined products in commercial storage around the United States, an increase of more than 300 million barrels in the last two years.

Oil prices dip on continued oversupply, despite news of meeting to freeze output

SINGAPORE, Feb 26 (Reuters) - Crude oil prices dipped in early trading on Friday as reports of a meeting by oil producers to freeze output failed to convince traders that enough effort was being made to rein in ballooning global oversupply.

U.S. government concludes cyber attack caused Ukraine power outage

WASHINGTON, Feb 25 (Reuters) - A December power outage in Ukraine affecting 225,000 customers was the result of a cyber attack, the U.S. Department of Homeland Security said Thursday, marking the first time the U.S. government officially recognized the blackout as caused by a malicious hack.

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