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European Refining
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Analysis: US Crude Exports Hit Record in September
Nov 8, 2016US crude exports rose 35,000 b/d to a record 692,000 b/d in September after Brent's premium to WTI widened, an analysis of Census Bureau data released Friday showed. Brent's premium over WTI widened from 34 cents/b in May to average ...
Tags: crude exports, crude
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European Refining Margins Have Recovered From Their Lows
Jun 24, 2014European refining margins have recovered from their lows of last month, driven by a pick-up in products markets, especially jet fuel and gasoline, following run cuts throughout the region, according to traders. "Demand for products ...
Tags: Gasoline, pick-up in products, jet fuel
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European Refineries Enjoy a Rebound in Profitability of Turning Crude Oil Into Products
Jan 9, 2014European refineries are enjoying a rebound in the profitability of turning crude oil into products at the start of the year, after reaching their worst point of last year in December, traders said Tuesday. "Margins are decent," said a ...
Tags: Crude Oil, European Refining
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Europe's Oil-refining Businesses Will Have to Slim Down Further
Sep 23, 2013Europe'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
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ICE Brent Front-to-second Month Spread Fell Into Contango During Afternoon US Trade Friday
Apr 9, 2013The ICE Brent front-to-second month spread fell into contango during afternoon US trade Friday, the first contango between the two contracts since July 2, 2012. ICE May Brent was down $2.50 at $103.84/b after hitting a fresh eight-month ...
