The premium of Gulf Coast ultra low sulfur diesel to heating oil widened Thursday to 9.3 cents/gal, the highest it has been since October 4, when the spread was 10.25 cents/gal. On Friday, Gulf Coast ULSD was pegged at NYMEX March ...
Tags: sulfur diesel, Gulf Coast, NYMEX
Money managers boosted net length in NYMEX crude for the reporting week ending December 18, as front-month crude futures received a slight boost. The increase in net length came as money managers increased longs by 3,457 lots, while ...
Tags: NYMEX, crude futures, net length, economy
Limited jet availability in the US Gulf Coast market sent differentials up nearly 4 cents Thursday on both the Gulf and Atlantic coasts. Platts assessed Gulf Coast jet fuel at the NYMEX January heating oil futures contract minus 1.50 ...
Atlantic Coast ULSD differentials fell modestly Tuesday, and have not risen for the past six trading days as it narrows the spread to heating oil. Platts assessed Atlantic Coast ULSD for Buckeye Pipeline at the NYMEX January heating oil ...
Tags: Atlantic Coast ULSD, Heating Oil, assessment
Atlantic Coast ULSD stocks were at 20.109 million barrels,up 2.7 million barrels,in the reporting week ended December 14,the Energy Information Administration said Wednesday.This was the highest rise in inventories on a weekly basis since ...
Tags: Atlantic Coast, ULSD, stocks, heating oil
OPEC gathers in Vienna this week for a ministerial meeting to decide on the cartel's oil production ceiling as a predicted drop in demand risks weighing on high crude prices despite Middle East unrest. The Organization of Petroleum ...
Tags: Middle East unrest, OPEC, oil, production
NYMEX January crude and ICE Brent futures settled lower Friday as bullish headline numbers on US unemployment were not enough to keep oil futures from weakening on macroeconomic concerns. January crude settled 33 cents lower at ...
Tehran Times reported that the National Iranian Oil Company will offer stock futures to the public during December 22nd 2012 to January 1st 2013. In the Phase I up to 5 million barrels of oil will be sold in the form of stock futures ...
Tags: Tehran Times, National Iranian Oil Company, stock futures, oil
The Atlantic Coast ULSD differential surged Thursday, with most of the runup occurring during afternoon trading. Platts assessed Atlantic Coast ULSD for Buckeye Pipeline at the NYMEX January heating oil futures contract plus 8.75 ...
The main factor in determining oil prices next year, whether they will hold near current levels or come off what looks to be the highest ever annual average, will depend on how the economies of the world's main demand centers fare, ...
Tags: Oil Prices, high oil prices, gas