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Refinery Maintenance

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  1. Emerging markets account for all growth in oil use forecast in 2014

    Magazine Articles

    Tue, 7 Jan 2014

    plunged by 30.5 million bbl in October, roughly double the 5-year average withdrawal for the month, due to refinery maintenance and subdued refining margins. Total gasoline inventories finished 2013 at an estimated 220 million bbl, 5.2

  2. MARKET WATCH: Oil prices continue climbing

    Online Articles

    Wed, 23 Jan 2013

    said. KBC analysts expect some support for gasoline cracks over the next couple of months due to forthcoming heavy refinery maintenance , particularly with planned turnarounds in South Korea. In addition, they said, “Taiwan’s Formosa plans to

  3. 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

  4. 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

  5. MARKET WATCH: Oil prices climb, but joy over new budget appears to wane

    Online Articles

    Thu, 3 Jan 2013

    production is growing swiftly, which will negatively affect Atlantic Basin supply-demand balances, especially during refinery maintenance [in the first half of this year]. US imports of light-sweet and medium-sweet crudes will continue declining

  6. Energy commodity prices were still falling Dec. 7 with front-month crude down 3.4% for the week and natural gas essentially flat in the New York market

    Online Articles

    Mon, 10 Dec 2012

    a series of unplanned refinery outages (namely US Gulf, West Coast, and Venezuela), combined with a heavy refinery maintenance season (particularly in Europe) altogether driving Atlantic Basin crack spreads to highs not seen since 2005

  7. MARKET WATCH: Oil prices continue retreat; cold weather raises gas price

    Online Articles

    Fri, 1 Mar 2013

    in the fourth quarter,” Barclays Capital analysts said. “Along with this, there was negligible amount of refinery maintenance by Sinopec [China Petroleum & Chemical Corp.] and PetroChina during January, which has helped keep runs elevated

  8. 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

  9. 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

  10. 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

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