Tag: distillate

Distillate export boom keeps US refiners busy: Kemp

Distillate export boom keeps US refiners busy: Kemp

Most distillate being exported to Mexico, Brazil and other countries in Latin America By John Kemp US refiners have become a powerhouse of distillate exports, causing the supply-demand balance for fuels from the middle of the barrel to tighten in the United States despite a very warm winter. Exports of distillate fuel oil (e.g. diesel) […]

US distillate demand set to rise in 2017 – Kemp

US distillate demand set to rise in 2017 – Kemp

Distillate stocks remained moderate despite the unusually warm start to the winter By John Kemp LONDON (Reuters) – US refiners are likely to see stronger demand for middle distillates such as heating oil and diesel in 2017 after two years of declining domestic consumption. Distillate consumption is forecast to increase by 60,000 barrels per day […]

By December 16, 2016 0 Comments Read More →
US petroleum demand rose in May, highest in 8 years

US petroleum demand rose in May, highest in 8 years

This was the second highest May export level ever Total American petroleum deliveries in May rose┬áby 3.1 per cent from 2015 to average 19.7 million barrels per day, according to new statistics release by the American Petroleum Institute. Compared with April, total domestic petroleum deliveries, a measure of U.S. petroleum demand, decreased by 0.1 per […]

Falling US crude output , increased refinery runs fail to halt stock builds – Platts

Falling US crude output , increased refinery runs fail to halt stock builds – Platts

US distillates stocks down 6.51 million barrels since start of April, have not declined for 3┬áconsecutive weeks since Oct. By Jack Laursen, Platts Oil Editor Falling US oil production and increased refinery throughput in the week that ended April 29 failed to halt the historic rise in US crude oil inventories, according to US Energy […]