
Crude oil prices fell in 2025 amid oversupply
The US EIA has reported that crude oil prices generally declined in 2025 with supplies in the global crude oil market exceeding demand.
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The US EIA has reported that crude oil prices generally declined in 2025 with supplies in the global crude oil market exceeding demand.

The US Energy Information Administration has released the December Short-Term Energy Outlook.

The API has joined organisations representing ethanol producers, oil refiners, fuel marketers, travel plazas, truck stops, and convenience store retailers to express the need for long-term policy certainty across the fuel sector.

US retail prices have fallen below US$3/gal., the lowest price since 2021, the US Energy Information Administration has reported.

AFPM President and CEO Chet Thompson has issued a statement on the Trump administration’s proposed revised 2027 - 2031 Corporate Average Fuel Economy (CAFE) Standards.

The US Energy Information Administration (EIA) considers key geopolitical developments that have contributed to rising diesel prices in the final months of 2025.

Jackson County Economic Development Foundation (JCEDF) has hosted a groundbreaking ceremony for BWC Terminals’ new facility in Pascagoula, Mississippi, US, which will receive, store, and deliver petroleum products.

On the Monday before Thanksgiving, the US retail price for regular-grade gasoline averaged US$3.06/gal., just ¢2/gal. higher than the same time in 2024, the EIA has reported.

AFPM President and CEO Chet Thompson has issued a statement on the Researching Efficient Federal Improvements for Necessary Energy Refining (REFINER) Act (H.R. 3109).

LanzaJet has announced that it has fully operated and produced fuels at its LanzaJet Freedom Pines Fuels facility in Georgia, US – marking the production of jet fuel using ethanol as a feedstock at a commercial-scale plant.

Enbridge has reached FID on the MLO1 project, which will help meet customer demand for incremental egress, increasing deliveries of Canadian heavy oil to key refining markets in the US Midwest and Gulf Coast.

The AFPM has submitted comments on the US Environmental Protection Agency’s (EPA’s) proposed supplemental rulemaking to the 2026 - 2027 Renewable Fuel Standard (RFS) proposal.