The US fuel oil hi-lo, the spread between US Atlantic Coast 1%S fuel oil and US Gulf Coast 3%S fuel oil, fell below $1/b Thursday for the first time since October on an expected lack of demand for power generation. Platts assessed USAC ...
Crude futures fell Friday after the International Energy Agency said global oil markets will remain oversupplied at least through 2016. NYMEX January crude settled $1.14 lower at $35.62/b. ICE January Brent settled down $1.80 at $37.93/b. ...
The Trans-Atlantic gasoline arbitrage reopened Tuesday on the heels of stronger prices in both the Northwest Europe and US East Coast markets. Platts assessed the Eurobob barge at $469.25/mt, or $1.3412/gal, while RBOB cargoes delivered ...
Tags: gasoline, Mediterranean gasoline
The December/January US Gulf Coast 3% sulfur fuel oil swap spread moved to a wider contango on Friday, while market sources searched for a fundamental reason to explain the movement. Platts assessed the December/January 3%S spread at a ...
Tags: sulfur fuel oil, USGC fuel oil
Despite expectations of a seasonal pickup in the Medium Range tanker market in the Americas in the fourth quarter -- particularly from November onward -- charterers were able to pressure freight rates lower Wednesday, with Medium Range ...
Tags: Freight Rate, USGC-Europe, LR1 tanker
Line space on Colonial Pipeline's distillate Line 2 on Wednesday fell back to the lowest point seen this year on a tighter US Gulf Coast/Atlantic Coast spread for ultra low sulfur diesel. Platts assessed line space on the 1.16 million b/d ...
US commercial crude stocks fell 10.3 million barrels to 390.69 million barrels for the reporting week ended May 16, American Petroleum Institute data showed Tuesday. The draw is far larger than analysts had expected. A Platts survey of ...
Tags: Crude Stocks, NYMEX crude
US crude stocks climbed 3 million barrels to 391.7 million barrels in the week that ended April 25, as inventories at the Cushing, Oklahoma, delivery hub rose, data Tuesday from the American Petroleum Institute showed. Analysts polled by ...
Tags: Crude Stocks, USGC imports
The spread between US Gulf and Atlantic Coast heating oil narrowed Monday to its lowest level in well over a year as USAC demand for traditional heating oil -- with less that 2,000 ppm sulfur -- continues to decline. On July 1, four ...
Tags: Heating Oil, sulfur
Platts margins reflect the difference between a crude's netback and its spot price. Netbacks are based on crude yields, which are calculated by applying Platts product price assessments to yield formulas designed by Turner, Mason & Co. ...
Tags: Gas, Refining Margins
Gina Kavesh and Dorothy Nichols have been elected to fill two vacant positions on the USA Cycling Board of Directors, USAC announced this week. Kavesh is also a member of the USAC road committee and Nichols is a menber of the mountain ...
U.S. Bicycling Hall of Famer Bill Woodul started the race mechanic's clinic because he wanted to share his knowledge and experience. Woodul, who died in 1996, pioneered neutral support at U.S. road races, and is probably best known for ...
Advanced Sports International's Karen Bliss is the newest industry representative on USA Cycling's road committee. Bliss, a former pro road racer, was nominated to the spot by Shebeest national sales manager Dorothy Nichols, who is the ...
Tags: Transportation, bike
Trek Bicycle is hosting a UCI-sanctioned cyclocross race at its Wisconsin headquarters next month. The inaugural Trek Cyclocross Collective Cup is scheduled for Sept. 21-22 and is expected to be one of the largest cyclocross races in the ...
Tags: Bicycle, bike, Transportation
A non-profit organization is publishing a quick-reference card to help cycling teams and race officials assess possible concussions. The group, Medicine of Cycling, has collaborated with a group of physicians and researchers with a ...
Tags: Transportation, bike