Refineries

Gulf Coast refinery runs approaching levels seen prior Hurricane Harvey

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Hurricane Harvey caused many refineries either reduced runs or temporarily shut down For week ending Oct. 20, 2017, gross inputs to petroleum refineries in the U.S. Gulf Coast averaged 8.8 million b/d, or about 324,000 b/d higher than the previous five-year range for mid-Oct., based on data in EIA’s Weekly Petroleum Status Report (WPSR). Gross inputs, also […]

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Hurricane Harvey caused US Gulf Coast refinery runs to drop, gasoline prices to rise

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Gulf Coast gasoline prices rose by 35 cents per gallon to $2.51/gal Hurricane Harvey caused substantial disruptions to crude oil and petroleum product supply chains and increased petroleum product prices, according to the U.S. Energy Information Administration. For the week ending Sept. 1, 2017, gross inputs to refineries in the U.S. Gulf Coast fell by

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Singapore carbon tax would hit refiners, help renewables

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Singapore carbon tax could indicate longer-term shift to cleaner energy By Jessica Jaganathan and Henning Gloystein SINGAPORE, Feb 21 (Reuters) – The proposed Singapore carbon tax would probably hit oil refiners hard, ramping up costs in an industry that has been central to the city-state’s rapid development over the last half-century. Monday’s announcement that a carbon

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Condensate rally expected in 2017 as Asian demand soaks up falling supply

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Condensate rally expected in 2017 as Asian demand soaks up falling supply By Mark Tay SINGAPORE, Sept 7 (Reuters) – Asia’s market for condensate, an ultra-light oil, should outperform crude oil and liquefied natural gas (LNG) markets in 2017 as demand from new end-users is expected to peak just as Middle East supply should tighten.

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American refinery utilization rises, gasoline stocks building – Platts

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EIA data showed gasoline stocks build, crude oil drawdown paints mixed picture One bullish sign emerging Wednesday from the US Energy Information Administration data was the fact that refinery utilization rose last week, according to an analysis from S&P Global Platts. Crude oil runs increased 319,000 b/d last week to 16.863 million b/d, pushing refinery utilization 0.9

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Crude oil inventories, refinery utilizations, production outages – PLATTS analysis

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US weekly imports of Canadian crude oil averaged 2.876 million b/d in May, compared with 3.1 million b/d average The seasonal summer drawdown in US crude oil stocks is underway and an uptick in refinery utilization is expected to push inventories lower last week for the second straight reporting period, according to a preview of the Energy Information Administration data

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