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Refinery Maintenance

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  1. 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

  2. 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

  3. 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

  4. 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

  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

  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: Oil prices climb despite bearish inventory report

    Online Articles

    Thu, 7 Jun 2012

    absorbing much higher volumes of gas oil in June-July than expected, as it suffers from lower output [because of] refinery maintenance .” Still, he said, “The gas oil cracks were supported yesterday and as well the gas oil-gasoline spread

  8. Tanker earnings firm to start 2010

    Magazine Articles

    Mon, 2 Aug 2010

    according to Clarkson. Clarkson ascribed shrinking Aframax rates between September 2009 and February 2010 to heavy refinery maintenance schedules and weak refining margins in the Mediterranean. Caribbean activity was countered by weak US demand

  9. MARKET WATCH: Crude oil prices rise, reclaim part of previous large loss

    Online Articles

    Thu, 21 Oct 2010

    Under this scenario, we would expect refining stocks to decline 10-15% by yearend 2010.” He said, “ Refinery maintenance expectations for October have doubled since prior forecasts in September, as numerous companies have adjusted turnaround

  10. MARKET WATCH: Crude oil, natural gas prices rebound

    Online Articles

    Thu, 14 Apr 2011

    for Defense Districts (PADD) 1 on the East Coast and PADD 3 on the Gulf Coast, “largely caused by unplanned refinery maintenance work,” said Zhang. He noted a draw of 3 million bbl in PADD 1, which would particularly support the New York RBOB

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