Prices of renewable fuel credits, known as RINs, which surged in early 2013, did not have any impact on gasoline prices, according to an analysis commissioned by an ethanol trade group released Tuesday. The study, conducted by commodities ...
Tags: Gasoline Prices, Mineral
Infrastructure will remain the watchword as US refiners look to further cement their role as world class product exporters in 2014, improving export capacity and rejigging refineries to increase their output of export-friendly diesel, ...
Tags: Refinery Output, gasoline
Global demand for gasoline will remain flat from 2014-2040, but global demand for diesel should grow by about 75% over the period to meet the needs of trucks and other commercial transportation, ExxonMobil said Thursday in its annual ...
Tags: Metallurgy, Mineral, Energy, gasoline
Spot price assessments for US gasoline plunged to the lowest levels of the year across the country Wednesday, pressured by high inventories and weak demand tied to seasonal changes and more efficient vehicles. Gasoline prices in the US ...
Tags: Metallurgy, Mineral, Energy
Europe's oil-refining businesses will have to slim down further and then pump billions of dollars into what remains, the head of one of Europe's leading oil trade associations said Thursday. Michel Bénézit, president of ...
Tags: Chemicals, Metallurgy, Mineral, Energy
US ethanol production fell 13,000 b/d to a three-week low of 844,000 b/d the reporting week ended August 16, but ethanol stocks rose 57,000 barrels to 16.482 million barrels, Energy Information Administration data showed Wednesday. The ...
Gasoline cracks have plunged in the wake of recent data from the US Energy Information Administration showing unseasonably high gasoline inventories across the country, particularly in the East Coast. The NYMEX August RBOB crack spread ...
Tags: Chemicals
The oil complex shrugged off largely bearish US Energy Information Administration data Wednesday as a rise in equities coupled with a technical bounce halted a four-day slide in June crude futures. NYMEX June crude rallied towards the ...
Tags: Oil Complex, Oil
The June Northwest European-US Atlantic arbitrage swap has risen since market close Friday due to a higher NYMEX RBOB market, increasing the possibility of exports from Europe heading to the Atlantic coast, market sources said Monday. ...
Tags: June NWE-USAC, Gasoline
US commercial crude stocks likely rose 2.5 million barrels in the reporting week that ended Friday, analysts polled by Platts said Tuesday. The American Petroleum Institute will release its weekly report at 4:30 p.m. EDT (2030 GMT), while ...
Tags: Crude Stocks, Petroleum, Chemicals
Ratings agency Moody's expects US refiners to increase investments in renewables blending and infrastructure if federal renewables targets are not lowered. "In the absence of any EPA waivers to meeting the renewable fuel requirements, we ...
A third key congressional committee has entered the debate over the Renewable Fuel Standard, calling for comment on a series of questions and issuing a "white paper" detailing concerns about the biofuels mandate and some of the proposed ...
Tags: Chemicals, Metallurgy, Mineral, Energy, Renewable Fuel
US commercial crude stocks failed to fall for the sixth straight reporting week data from the Energy Information Administration showed Wednesday, climbing 1.13 million barrels over the week ended February 22 to 377.518 million barrels, ...
The Northwest Europe MTBE factor, the relative price of MTBE to gasoline, fell Thursday to its lowest level since November 21, 2012 on weakened export demand and a switch in focus to non-oxygenated gasoline blends, according to industry ...
Tags: gasoline, MTBE, non-oxygenated gasoline
US demand for liquid fuels in 2012 and 2013 was revised downward in the December Short-Term Energy Report from the Energy Information Administration, released Tuesday. EIA said consumption of liquid fuels would average 18.64 million b/d ...
Tags: liquid fuels, US demand, energy, energy industry