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low sulfur diesel
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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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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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Feature: LR1 Tanker Rates Surge; Europe Ullage Issues, Naphtha Demand From East
Nov 6, 2015Long Range 1 tanker rates are soaring in Europe as vessels are delayed due to high storage levels in Europe, and the busy naphtha arbitrage to the East is rapidly eating into the available tonnage. LR1 rates on the Northwest Europe to ...
Tags: LR1 Tanker, Naphtha, ships
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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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A Settlement with Three Companies Did Not Conform to Federal Standards
Jan 22, 2015The U.S. Environmental Protection Agency (EPA) today announced a settlement with three companies affiliated with Shell Oil Company to resolve Clean Air Act violations, including selling gasoline and diesel fuel that did not conform to ...
Tags: Vehicle Fuel Standards, gasoline, Auto
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EPA, ADEC Are Mobilized to Remove 4,400 Gallons of Low-Sulfur Diesel
Jan 9, 2015The U.S. Environmental Protection Agency and Alaska Department of Environmental Conservation are mobilized to remove 4,400 gallons of low-sulfur diesel from a creek that flows into the Tiekel River after an oil tanker truck slid off the ...
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European Refining Margins Have Recovered From Their Lows
Jun 24, 2014European refining margins have recovered from their lows of last month, driven by a pick-up in products markets, especially jet fuel and gasoline, following run cuts throughout the region, according to traders. "Demand for products ...
Tags: Gasoline, pick-up in products, jet fuel
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European Cargo Cash Premiums to Benchmark Gasoil Futures Were Assessed at $10.50/Mt
May 29, 2014European ultra low sulfur diesel premiums to the front-month ICE gasoil futures contract hit their weakest level in over four months Friday as large volumes flooded the region from the Americas and the Baltic. Northwest European cargo ...
Tags: low sulfur diesel, gasoil futures
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Ultra Low Sulfur Diesel Premiums in Northwest European CIF Cargo Market Fell to $11.25/Mt
May 14, 2014Ultra low sulfur diesel premiums in the northwest European CIF cargo market fell to $11.25/mt above May 0.1% ICE gasoil Futures Friday, their lowest since January 28 according to Platts data, after a sharp $3/mt fall in the cash premium ...
Tags: Diesel Cargo, low sulfur diesel
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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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US Crude Stocks Jumped 10 Million Barrels Last Week,Puts Stocks at a 7.4% Surplus
Apr 18, 2014US crude stocks jumped 10 million barrels last week -- the largest build in 13 years -- on a surge in imports and lower refinery run rates in the US Gulf Coast, data from the US Energy Information Administration showed Wednesday. The ...
Tags: Crude Stocks, lower refinery
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The Backwardation on ULSD Barge Swaps Opened up to $7.75/Mt Friday
Apr 16, 2014The near-term supply shortage of ultra low sulfur diesel in Northwest Europe has forced up the forward curve backwardation to an 11-month high, and prompted the barges and cargo swaps to trade at the narrowest spread since October 2013, ...
Tags: NWE Diesel, ULSD cargoes
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US Gulf Coast Crude Stocks Climbed to Their Highest Level on Record in The Week
Mar 28, 2014US Gulf Coast crude stocks climbed to their highest level on record in the week that ended Friday, hitting 200.3 million barrels, as growing pipeline capacity from Cushing, Oklahoma, sends barrels surging south, according to data released ...
Tags: Crude Stocks, pipeline capacity, refinery
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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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