search | crude
...“WTI” for short, is an important global crude oil benchmark. But its price is based on market value for delivery at an inland terminal at Cushing, Oklahoma, USA. Cushing is...
...8.97 MMT of crude, a 5% increase on the previous year’s 8.54 MMT. Gross revenues for the 12 months were $4,992 million, a 34% drop to the $7,615 million reported...
...full tanks with refineries now reducing production by 50% and cancelling crude deliveries. On March 11, the daily report suggested that; “In a worst-case scenario the Dow Jones could fall...
...demand, for both crude oil and refined products. The need for this role was heightened from the early 1970s, as vertically integrated supply chains became less secure and geographical imbalances...
...that the refinery can handle 45 different types of crude oil – although given its geographical proximity, the plant typically runs between 85% – 95% of North Sea sourced feed...
...crude costs and drive revenue growth. Operational and financial performance: Key indicators March ending Q4 FY17 Q4 FY16 FY17 FY16 Throughput (in MMT) 2.22 2.20 9.09 8.97 Gross Revenue (in...
...a 2.1mmbpd fall in crude production in June from a 13 million barrel a day peak in the first quarter of the year. Westwood now estimates that overall oversupply for...
...oil prices began moving higher, with ICE Gasoil pushing above $1,000/t. and ICE Brent Crude peaking at $95.55/b. ARA diesel inventories began falling below long-term averages as the reality of...
...volatility which is generally seen as synonymous with oil. The future of Iran’s nuclear programme with the possibility of sanctions easing, civil unrest in Libya affecting its crude exports, and...
...who, respectively, source 42% and 17% of their requirements from Norway. Crude oil production is currently running at around 85 mln Mt/year, down from the 2001 peak of 163 mln...
...also seen in the wholesale natural gas market over the last decade. A decline in domestic refining capacity coupled with the decline in crude production from the UK Continental Shelf...
...history. Rory Clarke, Group Managing Director said that Rix Petroleum’s performance – which saw sales reach £535.1m – resulted principally from the recovery of crude oil prices which underpin the...
...is a graph which shows the price of Brent Crude throughout 2022. With data supplied by The Oil Market Journal, the markers highlight some of the key events throughout the...
...mt/year). Subsequent additions took the total up to 330,000bpd (6m mt/year). In 2012 Esso undertook a reconfiguration of the plant, closing one of its three crude distillation units, resulting in...
...prices are usually highest. Geopolitics “The majority of the world’s crude oil comes from notoriously volatile countries. Recent tightening of sanctions on Iran by the Trump administration is expected to...
...was reached with BA to supply SAF from the refinery in to the Exolum (CLH) pipeline. Pembroke: Nameplate crude oil distillation capacity is about 10.5 million tonnes per year, with...
...the configuration, the company has connected the refinery to the natural gas grid, materially diversified its crude slate, significantly improved the production of high value products and delivered a variety...
...oil and naphtha produced on the site. Maintenance has recently been completed on a key furnace in the main distiller unit, and the site’s smaller CD3 crude distillation unit has...