Refineries

Auto Added by WPeMatico

Record U.S. Summer Heat, Hurricanes Could Roil Fuel Prices as Oil Refiners Sweat

Conventional Energy, Energy Topics & Technology, Latest, Oil, Refineries, Tri-Pinned, US News / By

(Reuters) – A double whammy of record heat and hurricanes should test U.S. refiners’ resilience in coming weeks, raising the risk of extremely volatile fuel prices in the middle of the peak travel season, analysts said. The Atlantic hurricane season from June through November is an annual threat for U.S. refineries. Half of the country’s …

Record U.S. Summer Heat, Hurricanes Could Roil Fuel Prices as Oil Refiners Sweat Read More »

U.S. Oil Refiners’ Weekly Capacity Seen Down 151,000 Bpd, IIR Says

Conventional Energy, Energy Topics & Technology, Latest, Oil, Refineries, US News / By

U.S. oil refiners are expected to have about 260,000 barrels per day (bpd) of capacity offline in the week ending July 12, decreasing available refining capacity by 151,000 bpd, research company IIR Energy said on Monday. Offline capacity is expected to remain unchanged at 260,000 bpd in the week ending July 19, IIR added. The …

U.S. Oil Refiners’ Weekly Capacity Seen Down 151,000 Bpd, IIR Says Read More »

Energy Traders are Snapping Up Refineries Away From Big Oil

Conventional Energy, Energy Topics & Technology, Latest, Oil, Refineries, US News / By

Gaining a foothold in the refining industry gives traders more options when deciding where to send certain oil grades Bloomberg News Commodities traders flush with cash are buying oil refineries that energy majors are increasingly turning their back on. It’s one of the areas where trading houses — who have long coveted the refining and distribution assets …

Energy Traders are Snapping Up Refineries Away From Big Oil Read More »

US Oil Refiners’ Weekly Capacity Seen up 68,000 Bpd, IIR Says

Energy Topics & Technology, Latest, Refineries / By

U.S. oil refiners are expected to have about 85,000 barrels per day (bpd) of capacity offline in the week ending June 28, increasing available refining capacity by 68,000 bpd, research company IIR Energy said on Monday. Offline capacity is expected to fall to 79,000 bpd in the week ending July 5, IIR added. The following …

US Oil Refiners’ Weekly Capacity Seen up 68,000 Bpd, IIR Says Read More »

U.S. oil refiners’ Weekly Capacity Seen Down 56,000 Bpd, IIR Says

Conventional Energy, Energy Topics & Technology, Latest, Oil, Refineries, US News / By

U.S. oil refiners are expected to have about 153,000 barrels per day (bpd) of capacity offline in the week ending June 21, decreasing available refining capacity by 56,000 bpd, research company IIR Energy said on Friday. Offline capacity is expected to fall to 85,000 bpd in the week ending June 28 and to 79,000 bpd …

U.S. oil refiners’ Weekly Capacity Seen Down 56,000 Bpd, IIR Says Read More »

U.S. Oil Refiners’ Weekly Capacity Seen Down 21,000 Bpd, IIR Says

Conventional Energy, Energy Topics & Technology, Latest, Oil, Refineries, US News / By

U.S. oil refiners are expected to have about 118,000 barrels per day (bpd) of capacity offline in the week ending June 21, decreasing available refining capacity by 21,000 bpd, research company IIR Energy said on Wednesday. Offline capacity is expected to fall to 85,000 bpd in the week ending June 28, IIR added. The following …

U.S. Oil Refiners’ Weekly Capacity Seen Down 21,000 Bpd, IIR Says Read More »

Phillips 66 Seeing Tightened Margins Following Trans Mountain Oil Pipeline Start-Up

Conventional Energy, Energy Topics & Technology, Exploration & Production, Latest, Oil, Refineries, US News / By

U.S. refiner Phillips 66 said on Tuesday its margins have tightened after the expanded Trans Mountain pipeline project in Canada started up in May. The $24.84 billion expansion has nearly tripled the flow of crude from landlocked Alberta to Canada’s Pacific coast to 890,000 barrels per day (bpd). “We are still exporting Canadian crude from …

Phillips 66 Seeing Tightened Margins Following Trans Mountain Oil Pipeline Start-Up Read More »

Marathon’s North Dakota Refinery Undergoing Maintenance, State Regulator Says

Energy Topics & Technology, Latest, Refineries, US News / By

Marathon Petroleum’s 68,000 barrel per day crude oil refinery went under maintenance earlier this month, putting downward pressure on Bakken oil prices, a state regulator said during a press conference on Friday. All units at the Mandan refinery are currently under maintenance, according to Justin J. Kringstad, director of the North Dakota pipeline authority. Marathon …

Marathon’s North Dakota Refinery Undergoing Maintenance, State Regulator Says Read More »

U.S. Refining Margins Slump as Fuel Stocks Climb

Energy Topics & Technology, Latest, Refineries / By

By John Kemp U.S. oil refineries have been processing petroleum at the fastest rate for the time of year since before the pandemic, but rising fuel inventories have begun to weigh on crack spreads and likely signal a slowdown ahead. Refineries processed 17.5 million barrels per day (b/d) of crude and other feedstocks over the …

U.S. Refining Margins Slump as Fuel Stocks Climb Read More »

U.S. Refining Margins Slump as Fuel Stocks Climb: John Kemp

Energy Topics & Technology, Latest, Refineries, US News / By

U.S. oil refineries have been processing petroleum at the fastest rate for the time of year since before the pandemic, but rising fuel inventories have begun to weigh on crack spreads and likely signal a slowdown ahead. Refineries processed 17.5 million barrels per day (b/d) of crude and other feedstocks over the week ending on …

U.S. Refining Margins Slump as Fuel Stocks Climb: John Kemp Read More »

Subscribe
Subscribe