Chunzi Xu

Business, Fuel

At More Than $4.30 a Gallon, Gasoline Nears Its March Record

Customer pumps gas into car A customer pumps gas into his car at a San Francisco gas station on April 27. (David Paul Morris/Bloomberg News)

Gasoline pump prices in the U.S. are rising to within a hair of an all-time record three weeks ahead of the peak driving season.

Chunzi Xu | Bloomberg News
May 9, 2022
Business, Fuel

Gas Imports Flowing to West Coast at Near-Record Pace

Graphic tracking West Coast gasoline imports

The U.S. West Coast is importing gasoline at a near-record pace this month to help ease supply constraints amid eye-popping pump prices just ahead of the peak summer driving season.

Chunzi Xu | Bloomberg News
April 21, 2022
Business, Fuel

Gulf Coast Diesel Exports Soar on Wartime Shortage

Gulf Coast diesel exports

Russia’s invasion of Ukraine has set off a global scramble for diesel, prompting buyers around the world to snap up massive volumes of fuel from the U.S. Gulf Coast despite high prices.

Chunzi Xu | Bloomberg News
April 19, 2022
Business, Fuel

US Exports More Diesel as Global Shortage Fuels Competition

A diesel fuel tank at Jacobi Oil Service Inc. in Floyds Knobs, Ind. A diesel fuel tank at Jacobi Oil Service Inc. in Floyds Knobs, Ind. (Luke Sharrett/Bloomberg News)

The U.S. is exporting more diesel than it has in years as buyers in Europe and Latin America vie to secure supplies that have tightened since Russia’s invasion of Ukraine.

Chunzi Xu | Bloomberg News
March 28, 2022

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