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USGC octane prices slip as gasoline complex softens, exports dip

1 hour ago DieselGasoil Comments Off on USGC octane prices slip as gasoline complex softens, exports dip
US Gulf Coast octanes took a fall Thursday, softened by weaker gasoline prices and decreased exports. Not registered? Receive daily email alerts, subscriber notes & personalize your experience. Register Now Of the blendstocks, alkylate saw the steepest day-on-day fall and was assessed by S&P Global Platts at pipeline gasoline plus 48 cents/gal. The USGC gasoline Read More

UK chemicals tanker attacked in Strait of Hormuz: owner Stena Bulk

1 hour ago DieselGasoil Comments Off on UK chemicals tanker attacked in Strait of Hormuz: owner Stena Bulk
Washington — The UK-flagged Stena Impero chemicals tanker was attacked Friday by “unidentified small crafts and a helicopter” while transiting the Strait of Hormuz and is heading toward Iran, owner Stena Bulk confirmed. Not registered? Receive daily email alerts, subscriber notes & personalize your experience. Register Now Iran’s Islamic Revolutionary Guard Corps said it seized Read More

Oil surplus blunting price impact of sanctions, tanker attacks: US State Department’s Iran envoy

17 hours ago DieselGasoil Comments Off on Oil surplus blunting price impact of sanctions, tanker attacks: US State Department’s Iran envoy
Washington — A global oil surplus has prevented a price spike from both the full reimposition of US sanctions on Iranian oil exports and from Iranian attacks on oil tankers in the Strait of Hormuz, Brian Hook, the US State Department’s special representative for Iran, said in an interview Thursday with S&P Global Platts. Not Read More

FEATURE: Canadian oil traders see IMO 2020 risk easing on demand, changing market

2 days ago DieselGasoil Comments Off on FEATURE: Canadian oil traders see IMO 2020 risk easing on demand, changing market
Houston — A surging differential for Western Canada’s benchmark heavy crude has traders and analysts wondering if predictions that tighter sulfur requirements for marine fuel will devalue the country’s oil assets are overblown. Not registered? Receive daily email alerts, subscriber notes & personalize your experience. Register Now “Nobody is talking about IMO 2020 anymore,” one Read More

Oil futures rise slightly as storm impact fades

3 days ago DieselGasoil Comments Off on Oil futures rise slightly as storm impact fades
London — 1030 GMT: Crude oil futures were trading slightly higher in late European morning Tuesday as the impact of Tropical Storm Barry subsided, while global economic uncertainty lingered. Not registered? Receive daily email alerts, subscriber notes & personalize your experience. Register Now At 11:30 am London time (1030 GMT), ICE Brent September futures were Read More

Analysis: US crude stocks likely dip last week in wake of Barry-induced shut-ins

4 days ago DieselGasoil Comments Off on Analysis: US crude stocks likely dip last week in wake of Barry-induced shut-ins
Highlights Crude stocks expected down 4.2 million barrels at 454.8 million barrels Hurricane Barry shuts-in bulk of Gulf of Mexico offshore production Export slowdown likely blunts overall crude draw New York — Production shut-ins in the Gulf of Mexico ahead of Hurricane Barry likely contributed to a sharp decline in US crude stocks last week, Read More

Slow-moving Tropical Storm Barry threatens Louisiana ports, refineries, LNG facilities

7 days ago DieselGasoil Comments Off on Slow-moving Tropical Storm Barry threatens Louisiana ports, refineries, LNG facilities
New York — Tropical Storm Barry is expected to make landfall over the central Louisiana Coast Saturday, bringing the potential for extreme flooding, National Hurricane Center information showed Friday. Not registered? Receive daily email alerts, subscriber notes & personalize your experience. Register Now The NHC forecasts storm winds could reach hurricane strength when Barry reaches Read More

Factbox: Offshore oil, gas production continues to be shut in as US Gulf Coast prepares for Tropical Storm Barry landfal

7 days ago DieselGasoil Comments Off on Factbox: Offshore oil, gas production continues to be shut in as US Gulf Coast prepares for Tropical Storm Barry landfal
Washington — Tropical Storm Barry is expected to make landfall over the central Louisiana Coast Saturday, bringing the potential for extreme flooding, National Hurricane Center information showed Friday. Not registered? Receive daily email alerts, subscriber notes & personalize your experience. Register Now The US Department of Interior’s Bureau of Safety and Environmental Enforcement said Friday Read More

Philadelphia refinery closure props up gasoline; could boost diesel (gasoil)

1 week ago DieselGasoil Comments Off on Philadelphia refinery closure props up gasoline; could boost diesel (gasoil)
London — The closure of the Philadelphia Energy Solutions refinery has not only stretched the trans-Atlantic gasoline arbitrage wide open but it leaves a gaping hole in US East Coast supply that could last for months, with demand for diesel (gasoil) also possibly getting a boost this winter. Not registered? Receive daily email alerts, subscriber Read More