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Crude Futures Settle at 2008/09 Lows on Rising Dollar, Oversupply
Dec 18, 2015Crude futures settled Thursday at multi-year lows on a stronger US dollar and persistent concerns about oversupply. NYMEX January crude settled down 57 cents at $34.95/b, lowest front-month settle since February 2009. ICE February Brent ...
Tags: Crude, ULSD, crude stocks
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Crude Futures Fall After Iea Warns Glut Will Persist Into 2016
Dec 15, 2015Crude 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. ...
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US Biodiesel Boho Factor Rises to Highest Level Since April 2013
Dec 1, 2015The relationship between feedstock soybean oil and blendstock heating oil rose Tuesday to hit its highest level in more than two and a half years, as rising feedstock prices continued to bite. The "boho" factor, as the relationship is ...
Tags: soybean oil, feedstock
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The Inhalation Triggers The Battery to Send a Charge to The Atomizer
Jun 9, 2014The inhalation triggers the battery to send a charge to the atomizer. Research has found that depressed and anxious people are more likely to smoke, that smokers are more likely to be depressed and anxious, and that anger management is an ...
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The Biodiesel Uses to Gauge Costs and Margins Rebounded From Hitting a Three-Month Low
Jun 5, 2014The relationship between feedstock soybean oil and blendstock heating oil that the biodiesel industry uses to gauge costs and margins rebounded Tuesday from hitting a three-month low Monday. The "boho" factor, as the relationship is also ...
Tags: heating oil, Biodiesel
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Stocks of Heating Oil in New England Dropped to The Lowest Level in Over a Decade
May 9, 2014Stocks of traditional heating oil in New England dropped to their lowest level in over a decade in the week ended May 2, according to US Energy Information Administration data Wednesday. New England is one of the major consumption regions ...
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The US Will Set up Its First Gasoline Reserve, Creating 1m Barrels of Storage in Northeast
May 7, 2014The US will set up its first strategic gasoline reserve, creating 1 million barrels of storage in the Northeast to protect against storms like Hurricane Sandy, which wreaked havoc on fuel supplies in the region, officials said Friday. But ...
Tags: Gasoline, gasoline reserve
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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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March Rolled in Like a Lamb and out Like a Lion for ULSD Exports From The US Gulf Coast
Apr 2, 2014March rolled in like a lamb and out like a lion for ULSD exports from the US Gulf Coast, which have seen an uptick within the past week, market sources said Monday. Higher prices in Europe and a refining issue in South America have ...
Tags: ULSD Exports, ULSD barrels
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Mediterranean Ultra Low Sulfur Diesel Cargoes Are Trading $10.25/Mt
Mar 7, 2014Mediterranean ultra low sulfur diesel cargoes are trading $10.25/mt above the Northwest European cargoes, the widest spread between the two regions since January 17 on tight prompt supply in the Med. The Med cargo cash premium to the ...
Tags: Diesel Cargoes, low sulfur diesel
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Light, Sweet Crude for April Delivery Rises 76 Cents to $102.59 a Barrel
Feb 28, 2014--Light, sweet crude for April delivery rises 76 cents to $102.59 a barrel --Overall inventories grow less than expected --Continued supply reductions at key U.S. delivery point U.S. oil prices rose Wednesday after weekly U.S. ...
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Gasoil Demand Is Down a Quarter This Winter Amid Mild Weather
Feb 26, 2014Gasoil demand from Belgium, France, Belgium, Germany and Switzerland -- the main consumption centers in Northwest Europe -- is down a quarter this winter amid mild weather and a longer-term shift away from the product, traders said Monday. ...
Tags: Gasoil demand, Mineral
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The Unrelenting Winter of 2014 Delivered Another Massive Storm Last Week
Feb 17, 2014The unrelenting winter of 2014 delivered another massive storm last week, bringing with it more economic uncertainty and higher fuel prices. For the second time in less than a month, much of the southeastern United States battled a major ...
Tags: Transportation, Logistics
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Frigid Weather in U.S. Would Boost The Demand for Heating Oil
Feb 10, 2014Oil prices rose sharply Friday on speculation that frigid weather in U.S. would boost the demand for heating oil. The impact of cold weather on demand is the focus of market. It was reported that last month was the coldest January since ...
Tags: Oil Prices, Mineral
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