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580 words • advanced • 2 years, 11 months ago
business
"Key drivers that affect refined oil shipping (Part 7 of 8) Refiners can affect product tankers As we saw in the last article in this series, the WTI-Brent spread can influence refiners’ decisions to switch from imported oil to the cheaper domesti..."
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323 words • advanced • 2 years, 4 months ago
business
"Research and Markets has announced the addition of the "Oil Refining Industry in Netherlands 2016" report to their offering. This downstream energy sector report, Oil Refining Industry in Netherlands is a complete source of information on Netherland..."
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921 words • advanced • 3 years, 3 months ago
oilgas, business
"Crude oil prices are divingto levels we haven't seen in years. Gasoline, a product that's derived from refining oil, is also seeing prices fall. But the pace of decline is not near what we're seeing in oil. While there is a time lag between when oil ..."
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815 words • advanced • 3 years ago
business
"The U.S. average retail pump price for both diesel and gasoline ticked upwards this week, according to data tracked by the Energy Information Administration (EIA), though the prices for both fuels are far below marks set during the same week in 2013...."
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654 words • advanced • 3 years ago
business
"The three major refiners that provide detailed profit information reported their best ever year to date from oil refining in California. Each company has, at least, tripled their average historical profits in the third quarter, according to Consumer ..."
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"Oil Companies Buy Oil at West Texas Intermediary Price, and then Sell It at the Higher Brent Crude Price Used In Europe   We noted yesterday that major U.S. oil companies are artificially raising gas prices to U.S. consumers by using the European ..."
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595 words • advanced • 3 years, 6 months ago
"Summary Investors have piled into refiners during the oil glut, but there is more room to run. Refiners can export their product and switch to U.S. feedstocks, and some have their own retail operations. This is the market sweet spot. Investors who b..."
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545 words • advanced • 2 years, 10 months ago
business
"Shell expects fourth-quarter profits to come in at around 50% lower year-on-year, as the global oil and gas industry continues to suffer from the dramatic declines in crude oil prices. – Reuters file pic, February 2, 2016. Shell Overseas Holdings L..."
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800 words • advanced • 2 years, 10 months ago
business
"By Osamu Tsukimori and Aaron Sheldrick TOKYO (Reuters) - Japan, which once consumed about 10 percent of global oil output in its refineries, is undertaking the biggest refining contraction of any country, ending a dominant era in oil markets while e..."
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"Consumer Watchdog report finds oil refiners rigged imports and exports to inflate CA gas prices in 2015 Tuesday, Feb 09, 2016 Consumer Watchdog delivered a report today to a state panel finding that California's largest oil refiners calibrated impo..."
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531 words • advanced • 2 years, 10 months ago
business
"Of the four largest U.S. oil refiners, two boosted net income in each quarter of 2015. Two of the four report fourth-quarter results later this month, and the other two report in the first two weeks of next month. Thursday's news that Warren Buffett..."
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637 words • advanced • 2 years, 9 months ago
business
"Flickr / nola.agentCertified financial planner Sophia Bera answers: I bought my house about a year and a half ago, and since then interest rates have declined by about half a percent. If I refinance now, I would save about $200 per month on my mortg..."
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221 words • advanced • 3 years, 2 months ago
business
"Home News Regional News 2015 09 Iran to receive $700 million in oil payments Iran to receive $700 million in oil payments Article posted by Pipeline Staff. | Tuesday, 29 September 2015 06:43 India is set to make a US$700 million payment to Iran thi..."
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"Consumer Watchdog report finds oil refiners rigged imports and exports to inflate CA gas prices in 2015 Tuesday, Feb 09, 2016 Consumer Watchdog delivered a report today to a state panel finding that California's largest oil refiners calibrated impo..."
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"SANTA MONICA, Calif. , Sept. 3, 2015 /PRNewswire-USNewswire/ -- A new analysis by Consumer Watchdog shows Californians have paid $5.3 billion extra for their gasoline due to the higher amount Californians are charged than the rest of the nation since..."
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227 words • advanced • 2 years, 6 months ago
business
"After the strong Q3, we had expected Hindustan Petroleum (HPCL)’s Q4 to be stronger. HPCL reported stronger than our expectations and beat our earnings estimates for both refining and marketing. Q4 EBITDA of `25.9 billion (+19% q-o-q) was 10% ahead..."

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275 words • advanced • 4 years ago
"Friday:• At 10:00 AM ET, Regional and State Employment and Unemployment (Monthly) for November 2014• At 11:00 AM, the Kansas City Fed manufacturing survey for December.From Freddie Mac: Mortgage Rates Find New Lows for 2014 Freddie Mac today released..."
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"Thanks to an ever-increasing production, a large supply glut and sluggish demand, oil price skidded to half over the past one year, making the commodity the worst nightmare. In fact, trading in oil became wilder last month after China devalued its cu..."
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575 words • advanced • 3 years, 5 months ago
business
"Sponsored Post Ever feel like it’s gotten more difficult to find affordable financing to run your business? Don’t worry it’s not just you. Traditionally, small businesses were able to rely upon traditional banks for loans and refinance options. The..."

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362 words • advanced • 3 years, 5 months ago
business
"Group Managing Director, NNPC, Dr. Joseph Dawha Three of South Korea’s four refiners are increasing spot crude imports from Nigeria, Ecuador and Russia as well as Middle East producers such as Iraq and the United Arab Emirates at give-away prices,..."
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