The current volatility of crude oil spreads like Brent/WTI and Brent/LLS are a sign that, when it comes to light, sweet crude in the US, refining capacity limits are being reached, Ed Morse, head of commodities research at Citigroup, said ...
Tags: Chemicals
The front-month Brent/WTI spread narrowed Thursday to its lowest level in more than 20 months, dropping under $1/barrel as NYMEX crude broke above resistance levels on recent stock drops and an equities euphoria. The September Brent/WTI ...
Tags: Prompt Brent, Chemicals
Syncrude Canada Ltd has selected KBR to undertake module fabrication and field construction for its Fluid Fine Tailings – Centrifuging Full Scale Plant (FFT-CFSP) in Fort McMurray, Alberta, Canada. Syncrude, which operates a surface ...