Tag: Distillates
US exports of crude, gasoline, distillates, LPG booming
US exports of crude over 2 million b/d recently As US exports of crude topped 2 million barrels per day (b/d) in recent weeks, gasoline, distillate and LPG exports have also increased. Enterprise’s Morgan’s Point terminal located on the Gulf Coast came online last year along with Sunoco’s Marcus Hook terminal on the East Coast. […]
Column: US heating oil market looks tight this winter
Hedge funds amassed a net long position in heating oil futures, options equivalent to 46 million barrels By John Kemp LONDON, Sept 22 (Reuters) – US stocks of distillate fuel oil, which have been trending downwards all year, now look tight following disruption to major refineries caused by Hurricane Harvey. The position is a marked […]
Surprise US gasoline stock build crimps refiner margins
US gasoline stock leftover after warm winter By Jessica Resnick-Ault NEW YORK, July 13 (Reuters) – US gasoline and distillate stocks surged unexpectedly last week, data showed on Wednesday, crimping margins for refiners at the height of summer driving season, a time when they generally enjoy healthy demand and profits. Almost two months into the […]
‘Insane’ US diesel, gasoline prices hard to crack for refiners
Gasoline prices may trade under diesel By Devika Krishna Kumar and Jarrett Renshaw NEW YORK, June 9 (Reuters) – The hot summer months are the boom time for U.S. gasoline sales, and naturally the season when refiners are all-in on pumping out the motor fuel for drivers on U.S. highways. But an unusual glut of […]
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