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...crude oil stocks of 4.5 million barrels, had an immediate impact on the oil price with crude oil trading lower the morning after the OPEC+ agreement was announced. Falling below...
...the inventories of crude oil and petroleum products at Stanlow and will supply crude to the refinery in line with its requirements. The new arrangements allow Essar Oil UK to...
Iran’s crude exports have doubled in five years VesselsValue (VV) provides ‘instant, accurate and unbiased data that can be accessed from anywhere in the world, at any time’. VV is...
...the first shipment of U.S. crude oil for export in 40 years. Using three Emco Wheaton marine loading arms (MLA) the Greek oil tanker, Theo T, was loaded on New...
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A review of pricing data through 2024, for both Brent crude and HVO diesel, produced in association with The Oil Market Journal The following pages present a graph that shows...
Marking a major step forward in its ambition to deliver cost-competitive sustainable aviation fuel (SAF), UK-based clean energy company Avioxx has commissioned production of synthetic crude oil at its Runcorn...
...of crude increased by 8.5%, including a one year high of $53.29 per barrel on 10th October. This is widely believed to be the most significant factor affecting heating oil...
...Media for its annual Argus Crude and Products Forum in London. This year’s event takes place on Tuesday 25th February during IP Week with the company hosting a series of...
...facility comprises two distillation units, one running light low to medium sulphur crudes with the other running sour/acidic crudes primarily from the North Sea for which the facility’s location endows...
...crude oil exports from the Middle East, West Africa, and US. The crude import ban is followed by a product import ban for the EU starting 5 February. With the...
Further Reading
...Russian imports, however, was not the same for different oil products with Russian crude replaced first and diesel taking an extra two months to be phased out. Most Russian crude...
...2% as a result. “As a domestic distribution network of refined product, opposed to crude, the wider impact on global oil prices was lessened, for example Brent crude prices increased...
...crude inventories are running low. In a recent report, Morgan Stanley said it had calculated that observable crude oil inventories globally had shed some 690 million barrels in 2021 leaving...
...it has had in lowering consumer prices, because do remember that end-users buy refined products, rather than crude oil itself. So, in January, refineries were buying their crude at $76...
...of the crude oil sold around the world. The vast majority of crude oil is sold at a discount to these two grades. So when we talk about $20 a...
...have talked quite a few times about how the very high natural gas price must be a very bullish element for crude oil in general and for light sweet crudes...
...be the ultimate loser in any general “tit-for-tat” tariff war. Nonetheless, the new Prime Minister does hold one “ace in his pack” and that of course is Canadian crude oil....
...of intent. “In terms of direct impact, costs may increase for EU refiners because they will be forced to buy sweet crudes, although it may well transpire that heavier crudes...
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