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Refining Utilization news and technical articles from Oil & Gas Journal. Search Refining Utilization latest and archived news and articles
the second week in a row (down 0.9%) and remains modestly lower on a year-over-year basis. Turning to refining , utilization rose to 90.3% (matching its high) last week from 89.1%. The mixed inventories report had a negligible
3% sequentially, but remains down 0.1% year-over-year on a 4-week moving average basis. Turning to refining , utilization rose to 90.0% last week from 89.3%, and is just 0.3% below its high for the year. Energy prices The
Administration will report May 5 another increase in oil inventories. “Incentivized by high crack-spreads, refining utilization has been going up recently,” said analysts at Pritchard Capital Partners LLC in New Orleans. “We expect
Pacific are the main reasons for the cuts in refining throughput. CPC should be able to maintain its overall refining utilization at slightly more than 70% because state-owned CPC Corp. holds about three quarters of the domestic market
from vigorous expansion of both CNPC and Sinopec, plus the flourishing of small refineries, China's overall refining utilization rate, defined as the share of throughput in total capacity, was low in the 1990s. In 1998, the overall refinery
of 1.6%/year. "Therefore, if refiners continue to build crude processing capacity on the 1.6% rate, refining utilization rates and margins would fall," CERA said. "Rising demand for gasoline and diesel in recent years has led refiners
1.6%/year. “Therefore, if refiners continue to build crude processing capacity on the 1.6% rate, refining utilization rates and margins would fall,” CERA said. “Rising demand for gasoline and diesel in recent years has led refiners
third quarter, when demand typically peaks, were exacerbated when second quarter demand was unusually strong and refining utilization high. Click here to enlarge image The near-month closing price of crude on the New York Mercantile Exchange reached
rationalization of refining capacity in the 1980s, refining utilization increased in the early 1990s. In 1994, the company ..... has remained relatively flat. API data show that refining utilization has increased from 65% in 1983 to as high as 97
later in this article. Click here to enlarge image Refining utilization rates are closely related to crude runs, which ..... expansion, increasing crude runs, and rising refining utilization rates, net product imports into China through