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Refinery Maintenance

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  1. 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

  2. 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

  3. 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

  4. 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

  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. 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

  7. 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

  8. MARKET WATCH: Natural gas, crude prices continue falling in US market

    Online Articles

    Thu, 2 Feb 2012

    level not seen since November,” as crude storage at Cushing, Okla., “ begins to build in the midst of spring refinery maintenance season.” Olivier Jakob at Petromatrix in Zug, Switzerland said, “Canadian imports into [the DOE’s

  9. OPEC reports uptick in 2010 demand outlook

    Magazine Articles

    Mon, 18 Oct 2010

    gasoline demand and oversupply in the Asian fuel oil market, OPEC reported. High stocks for light distillates amid refinery maintenance , combined with the oversupply in fuel oil, will keep product market sentiment bearish and continue to weigh on

  10. MARKET WATCH: Oil prices keep climbing; natural gas future price rises

    Online Articles

    Wed, 11 May 2011

    ability to process Canadian, WTI, or WTI-price-linked crude oil. In the near term, although the spring refinery maintenance season peaked in February, a high level of unplanned downtime has kept refinery utilization rates low and reduced

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