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Analysis: US crude draw expected to resume amid stronger refinery runs, exports

3 hours ago DieselGasoil Comments Off on Analysis: US crude draw expected to resume amid stronger refinery runs, exports
Highlights Crude stocks likely dip 3.1 million barrels to 437.4 million barrels Refinery runs edge up 0.2 points to 95% of capacity New USGC crude pipeline capacity narrows distillate cracks New York — US crude oil stock stocks likely declined last week amid an uptick in export activity and strong refiner demand, an S&P Global Read More

Refinery Margin Tracker: US margins rise as crude price drop mutes bullish IMO impact

4 hours ago DieselGasoil Comments Off on Refinery Margin Tracker: US margins rise as crude price drop mutes bullish IMO impact
New York — US margins got a boost from lower crude prices, while distillate cracks stubbornly remained range-bound as the countdown to IMO 2020 marches forward, an analysis by S&P Global showed Monday. Not registered? Receive daily email alerts, subscriber notes & personalize your experience. Register Now Falling crude prices have skewed expected impacts of Read More

2019 World Oil Awards finalists announced

7 hours ago DieselGasoil Comments Off on 2019 World Oil Awards finalists announced
8/19/2019 World Oil and Gulf Energy Information are pleased to announce the finalists for the 2019 World Oil Awards. For 18 years, these prestigious awards have recognized and honored the upstream energy industry’s leading innovators and innovations and recognized step changes in technology that have made a lasting impact. Best Completions Technology Award FloFuse – Read More

Russia’s Norilsk and South African coal town Kriel top SO2 emissions hot spots: NASA data

7 hours ago DieselGasoil Comments Off on Russia’s Norilsk and South African coal town Kriel top SO2 emissions hot spots: NASA data
JOHANNESBURG (Reuters) – Russia’s Norilsk smelter complex and a town in South Africa’s eastern coal mining province have the highest sulfur dioxide (SO2) emissions in the world, according to satellite data from U.S. space agency NASA. The NASA-compiled data published on Monday was commissioned by environmental group Greenpeace India and used the space authority’s satellites Read More

Refinery news roundup: Autumn turnarounds set to start in Europe

11 hours ago DieselGasoil Comments Off on Refinery news roundup: Autumn turnarounds set to start in Europe
London — Planned refinery turnarounds in Europe have been building up, with several sites planning works in September. Meanwhile, news has focused on quarterly results. Not registered? Receive daily email alerts, subscriber notes & personalize your experience. Register Now Total said that its H1 and Q2 refinery runs were down as a result of “the Read More

South Korea’s SK Energy increases gasoline, gasoil output in H1 ahead of IMO 2020 rule

19 hours ago DieselGasoil Comments Off on South Korea’s SK Energy increases gasoline, gasoil output in H1 ahead of IMO 2020 rule
Seoul — South Korea’s top refiner SK Energy has increased production of gasoline and gasoil in the first half of the year on solid local demand, while reducing output of fuel oil, a company official said Monday. Not registered? Receive daily email alerts, subscriber notes & personalize your experience. Register Now The official said the Read More

Asian regrade widens as China demand drives up gasoil, jet exits peak season

20 hours ago DieselGasoil Comments Off on Asian regrade widens as China demand drives up gasoil, jet exits peak season
Singapore — Asian gasoil is poised to stay in the bull market throughout August with Chinese demand rising against tightening supply, while co-distillate jet fuel/kerosene is transitioning out of the peak summer travel demand season, leading to a widening of the regrade. Not registered? Receive daily email alerts, subscriber notes & personalize your experience. Register Read More

Argentina enforces fuel price caps despite warnings of oil production slowdown

3 days ago DieselGasoil Comments Off on Argentina enforces fuel price caps despite warnings of oil production slowdown
Buenos Aires — Crude sales price falls to $40-42/b Not registered? Receive daily email alerts, subscriber notes & personalize your experience. Register Now Caps seen a threat to Vaca Muerta development Refined products imports rise Argentina imposed a 90-day freeze on diesel (gasoil) and gasoline prices Friday, driving down domestic crude prices by around 30% Read More

European middle distillates cracks hit 2019 highs as crude slips

3 days ago DieselGasoil Comments Off on European middle distillates cracks hit 2019 highs as crude slips
London — European middle distillate cracks have climbed to their highest this year amid falling crude prices, a closed arbitrage from Asia and expectations of greater demand as International Maritime Organization 2020 regulations on marine fuels loom. Not registered? Receive daily email alerts, subscriber notes & personalize your experience. Register Now The front-month 10 ppm Read More

Refinery news roundup: Minor works at Russian refineries, Antipinsky back

4 days ago DieselGasoil Comments Off on Refinery news roundup: Minor works at Russian refineries, Antipinsky back
London — Only minor works were heard at Russian refineries before the start of the autumn refinery turnaround season in October. Not registered? Receive daily email alerts, subscriber notes & personalize your experience. Register Now Meanwhile, the Antipinsky refinery resumed operations on July 18, Sberbank said in a statement. Socar Energoresurs, a joint venture between Read More