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Refinery Maintenance

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  1. EIA: Crude oil prices held down by rising global supply, lower demand

    Online Articles

    Wed, 8 Oct 2014

    are also affecting crude demand, as substantial refinery maintenance in the US, Europe, and Asia takes place in September ..... could be altered by many factors. “Seasonal refinery maintenance should be completed before the end of the year

  2. MARKET WATCH: Crude oil experiences week-long ‘bumpy ride’

    Online Articles

    Fri, 5 Sep 2014

    In the US,” noted analyst Michael Cohen, “high seasonal stock levels, growing production, and fall refinery maintenance could pressure domestic crude prices over the next 2 months and potentially shift [West Texas Intermediate] into

  3. MARKET WATCH: NYMEX crude oil futures drop below $100/bbl

    Online Articles

    Wed, 2 Apr 2014

    showed a decline in the oil inventory. Analysts had forecast an increase in oil supplies, saying that seasonal refinery maintenance continues to reduce demand. But the US Energy Information Administration said crude oil inventories, excluding

  4. MARKET WATCH: NYMEX crude oil prices drop on high inventory numbers

    Online Articles

    Thu, 24 Apr 2014

    gasoline prices could be nearing its end. Gasoline prices have been driven by reduced inventories during seasonal refinery maintenance . The EIA inventory report for the week ended Apr. 18 showed a smaller-than-expected reduction in gasoline inventories

  5. MARKET WATCH: NYMEX crude oil futures settle lowest since July 30

    Online Articles

    Wed, 25 Sep 2013

    gasoline inventories, which surprised analysts and traders who forecast declines. Meanwhile, analysts anticipate refinery maintenance that will reduce operations, cutting future fuel products inventories. US crude oil stockpile climbs EIA reported

  6. EIA: Lowest Thanksgiving gasoline prices since 2010

    Online Articles

    Wed, 27 Nov 2013

    Texas Intermediate crude oil fell by $14.81/bbl, partly driven by lower demand for crude oil due to seasonal refinery maintenance . EIA’s November 2013 STEO forecasts Brent and WTI prices to decline further to $105/bbl and less than

  7. MARKET WATCH: NYMEX crude oil futures ended week above $100/bbl

    Online Articles

    Mon, 17 Feb 2014

    softening US Gulf Coast balances," Barclays analyst Miswin Mahesh said in a research note. He noted gulf coast refinery maintenance will likely peak in early March, and refiners already have started to slow processing runs in anticipation of that. In addition

  8. MARKET WATCH: Crude hits lowest level of year in New York market

    Online Articles

    Tue, 16 Apr 2013

    for demand growth developing, which will keep the call on crude elevated.” They noted, “A combination of refinery maintenance , weak margins capping utilization rates, as well as improved supply availability in the Atlantic basin, has

  9. Lagging pipelines create US gulf light sweet crude glut

    Magazine Articles

    Mon, 3 Mar 2014

    settles in Clearbrook, Minn., a market that typically discounts Bakken crude oil and is sensitive to regional refinery maintenance , pipeline maintenance, and Canadian supply disruptions. True Cos.' system—including the Belle Fourche, Bridger

  10. Barclays: Oil prices continue to be supported in the near term

    Online Articles

    Fri, 16 Aug 2013

    Factors for softness in crude markets include record-high net speculative length, tepid demand growth due to refinery maintenance in September and October, incremental supplies from US shale oil, better Canadian supply, and even the possibility

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