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US refiners
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US Refinery Margin Tracker: Unquenchable Gasoline Demand a Gift for US Refiners
Dec 15, 2015Unseasonably strong gasoline demand is proving for US refiners to be the gift that keeps on giving this holiday season, as support from seasonal diesel demand is tamped down by record high temperatures across much of the US. Gasoline ...
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RBOB Crack Surges After EPA Finalizes Renewable Fuels Mandate
Dec 2, 2015The unveiling of final renewable fuel requirements for US refiners ignited a rally in gasoline futures Tuesday, helping support the rest of the oil complex. The front-month gasoline crack, basis ICE Brent, reached $13.61/b Tuesday, its ...
Tags: RBOB, gasoline, Renewable Fuels
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USW Obiected to Lifting The Long-Standing Crude Oil Export Ban
Aug 3, 2015Leo W. Gerard, international president of the United Steelworkers (USW), has testified before the US Senate Banking, Housing and Urban Affairs Committee, reiterating his opposition to lifting the long-standing crude oil export ban, ...
Tags: crude oil, export ban
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EIA Was Asked to Analyze The Impact of Lifting Restrictions on US Crude Oil Exports
Apr 15, 2014The Senate Energy and Natural Resources Committee chairman and ranking member have asked the Energy Information Administration to analyze the impact of lifting restrictions on US crude oil exports. "This is a complex puzzle that is best ...
Tags: Crude Export, EIA Study
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Cold Winter Conditions Have Hampered Well-Completion Activity in The US
Mar 13, 2014Cold winter conditions have hampered well-completion activity in the US, prompting the Energy Information Administration to revise downward its projections of US crude output for this year. The EIA, in its March Short-Term Energy Outlook, ...
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Nigerian Crude Values Have Been Picking up Steadily This Week on Strong US Demand
Mar 11, 2014Nigerian crude values have been picking up steadily this week on strong US demand for Nigerian and West African crudes, trading sources said Friday. There has been a lot of activity in the past week, with only about 12 out of the 62 ...
Tags: Crude Values, domestic US crudes
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Dismissing Oil Industry Arguments That New Standard Could Lead to Fuel Shortages
Mar 5, 2014Beginning in 2017, all gasoline sold in the US must contain less than 10 parts per million sulfur, the US Environmental Protection Agency announced Monday, dismissing oil industry arguments that the new standard is unnecessary and could ...
Tags: Gasoline, Metallurgy
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The Drop in Net Imports of Oil Was The Major Contributor to The United States
Feb 28, 2014The drop in net imports of oil (crude and petroleum products combined) was the major contributor to the United States reaching its lowest net trade deficit in November 2013 since 2009, although the trade deficit increased in the final month ...
Tags: lowest net trade deficit, stagnating domestic product demand
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Infrastructure Will Remain The Watchword as US Refiners Look to Further Cement Their Role
Dec 30, 2013Infrastructure 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
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US Ethanol Production Fell 13,000 B/D to a Three-week Low of 844,000 B/D
Aug 22, 2013US 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 ...
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US Commercial Crude Stocks Fell 9.87 Million Barrels to 373.92 Million Barrels
Jul 12, 2013US commercial crude stocks fell 9.87 million barrels to 373.92 million barrels for the reporting week ended July 5, Energy Information Administration data showed Wednesday. The latest decline marks the sharpest two-week draw in US crude ...
Tags: Crude Stocks, Crude imports
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The Gulf Coast Heating Oil Differential Fell 75 Points Wednesday
Jul 5, 2013The Gulf Coast heating oil differential fell 75 points Wednesday as US production and stocks increased and traders cited trouble finding ships to move any export barrels. Platts assessed the Gulf Coast heating oil differential at NYMEX ...
Tags: Heating Oil, Chemicals
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Production of Light,Sweet Crudes From Unconventional Oil Fields in The US Is Ramping up
Jun 21, 2013Production of light, sweet crudes from unconventional oil fields in the US is ramping up so fast that at some point it will outpace the country's refining capacity and -- at least for the Gulf Coast -- this could occur within two years, a ...
Tags: Metallurgy, Mineral, Energy, oil, Sweet Oil
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CME Plans to Announce The Changes in The "Next Few Months"
Jun 8, 2013NYMEX parent CME Group will likely implement additional quality specifications on its light sweet crude futures starting with the January 2014 contract, a member of the Crude Oil Quality Association's board said Thursday. CME plans to ...
Tags: Metallurgy, Mineral, Energy, Petroleum
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Jet Fuel Differentials Firmed to End a Week That Saw Production and Demand Exactly Matched
May 28, 2013Jet fuel differentials firmed to end a week that saw production and demand exactly matched in the US, just not in the Chicago market, with its world-high outright prices. Platts assessed Chicago unchanged at NYMEX June heating oil futures ...
Tags: Metallurgy, Mineral, Energy, Chemicals