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US Fuel Oil Hi-Lo Below $1/B on Mild Northeast Temperatures
Dec 18, 2015The 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 ...
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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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US Gulf Coast Hsfo Swaps Market Contango Widens out for DEC/Jan
Nov 24, 2015The 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
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Analysis: US Distillate Stocks Expected to Have Fallen Last Week
Nov 24, 2015With colder temperatures finally hitting much of the northern US last week, many in the oil market will have their eyes on US distillate stocks when the US Energy Information Administration releases its weekly inventory data Wednesday. ...
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USGC-Europe MR Freight Rate Falls to 8.5-Month Low as Ships Sit Prompt
Nov 6, 2015Despite 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
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Analysis: Dry Bulk Shipowners Faced with Loss of USGC-China Petcoke Route
Nov 6, 2015Dry bulk shipowners are heading toward 2016 with the prospect of one fewer cargo option on the key loading region of the US Gulf Coast, as new environmental legislation introduced by Beijing this summer could mean China will no longer be ...
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Colonial Line 2 Space Sags Back to 2015 Low on Usgc/Usac Spread for Ulsd
Nov 6, 2015Line 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 ...
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US Gulf Coast 3% Sulfur Fuel Oil Jumped $2.25 on Thursday
Jun 16, 2014US Gulf Coast 3% sulfur fuel oil jumped $2.25 on Thursday to an eight-month high of more than $94/barrel following a spike in crude oil and swaps prices. Gulf Coast HSFO was assessed at $94.08/b following activity in the Platts Market on ...
Tags: USGC HSFO, sulfur fuel oil
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US Commercial Crude Stocks Rose 1.45 Million Barrels to 383.91 Million Barrels
Jun 13, 2014US commercial crude stocks rose 1.45 million barrels to 383.91 million barrels in the reporting week that ended June 6, American Petroleum Institute data showed Tuesday. Analysts surveyed Monday had been expecting a 1.2 million-barrel ...
Tags: Crude Stocks, crude futures
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US Propane and Propylene Stocks Increased 2.17 Million Barrels
Jun 3, 2014US propane and propylene stocks increased 2.17 million barrels in the reporting week that ended May 23, Energy Information Administration data showed Thursday. A week earlier, the build was almost identical at 2.18 million barrels. The ...
Tags: propane, propylene stocks
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A Government Report Shows Tight Gasoline Supply in The Midwest
Jun 3, 2014Chicago CBOB gasoline for delivery through June 4 jumped 9 cents/gal Thursday to NYMEX July RBOB futures plus 3 cents/gal on the back of refiner buying and a government report showing tight gasoline supply in the Midwest, sources said. ...
Tags: gasoline, Chicago market
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US Commercial Crude Stocks Fell 10.3m Barrels to 390.69m Barrels
May 22, 2014US 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
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The Data Shows US Crude Stocks Climbed 3 Million Barrels to 391.7 Million Barrels
May 4, 2014US 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
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The Spread Between US Gulf and Atlantic Coast Heating Oil Narrowed to Its Lowest Level
Apr 23, 2014The 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
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Platts Margins Reflect The Difference Between a Crude's Netback and Its Spot Price
Feb 10, 2014Platts 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