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Refining Utilization

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  1. CERA: Refiners face change in liquids supply composition

    Magazine Articles

    Mon, 25 Feb 2008

    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

  2. Global downturn will narrow 2009-10 margins, utilizations for Asia-Pacific

    Magazine Articles

    Mon, 1 Jun 2009

    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

  3. Louisiana refinery revamp takes advantage of heavy sour argins

    Magazine Articles

    Mon, 9 Nov 1998

    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

  4. CHINA'S REFINERS FACE MASSIVE OVERHAUL, EXPANSION TO MEET DEMAND GROWTH, NEW CRUDE SLATE

    Magazine Articles

    Mon, 9 May 1994

    emphasizing significant improvement in overall refining utilization rate and product quality. It is focusing on development ..... account for a combined capacity of 387,200 b/d. Refining utilization nationwide currently stands at about 78%. China

  5. Softening oil supply-demand balance proving OPEC right

    Online Articles

    Fri, 16 Feb 2001

    and the lastest report on US stocks from the American Petroleum Institute suggest that crude stocks grew even as refining utilization rates remained high. With NYMEX crude futures tumbling by more than $3/bbl in the past week in response to

  6. Market watch: Crude futures prices decline as war premium wanes

    Online Articles

    Wed, 9 Oct 2002

    years, while US refinery utilization is at its lowest point since February 2000, said Warburton. "We expect refining utilization to recover once the effects of the recent weather disruptions have passed," he said. "However, this is also

  7. Downstream construction projects on the rise

    Magazine Articles

    Mon, 15 Nov 2004

    are refining margins up as much as 14%, upcoming low-sulfur fuel specifications in the US and Europe, high refining utilization rates, strong petrochemical demand, and increased energy demand in China and India. Refining In a response to

  8. World oil demand rises despite higher prices as production struggles

    Magazine Articles

    Mon, 24 Jul 2000

    that total refining capacity in the fourth quarter of 2000 will average 16.7 million b/d. In 1998 the average refining utilization rate rose to 95.6%, nearly full sustainable capacity as some excess is required for maintenance downtime and

  9. US oil, gas demand rising again in 2005

    Magazine Articles

    Mon, 4 Jul 2005

    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

  10. Midyear Forecast: Demand for natural gas, oil continues to show solid gains

    Magazine Articles

    Mon, 30 Jul 2001

    year of growing US demand is sustaining the high refining utilization rates of recent years. OGJ expects that utilization ..... utilization rate was 92.3%. In 1998, the average refining utilization rate rose to 95.6%, nearly at full sustainable

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