WebMar 2, 2024 · Although we increased refining capacity in the April STEO, we reduced our outlook for refinery throughput for the rest of the forecast compared with the March STEO. The reduced throughput forecast was the result of higher crude oil prices in our April STEO, in response to OPEC production cuts, which reduce refinery margins and lower runs, … WebMay 2, 2024 · "And in Latin America, on the margin, the United States is now supplying the distillate exports, particularly ULSD, net exports out of the Gulf Coast and the country have been very high," he added. USGC Castilla coking margins are averaging $38.87/b for the week ended April 29, compared with the $31.11/b the week earlier, S&P Global margins …
Global refiners falter in efforts to keep up with demand
WebThe decrease in Asian refining margins was led by gasoil cracks. European gasoil had been leading global distillate markets; however, European gasoil cracks weakened, due to soft demand in Europe (caused by warmer-than-normal weather and sluggish economic growth) and strong European gasoil/diesel imports (ahead of the Feb. 5 EU embargo on ... Web10 hours ago · REUTERS/Chen Lin. SINGAPORE, April 14 (Reuters) - Tesla Inc (TSLA.O) on Friday slashed prices for its electric vehicles in Europe, Israel and Singapore, expanding a global discount drive it began ... gina\u0027s greenhouse morganton nc
REFINERY MARGIN TRACKER: USGC distillate exports rise as …
WebDec 6, 2024 · For the week ended Dec. 3, Northwest Europe refining margins for Urals rose 20 cents/b week on week to average $5.50/b, while CPC Blend refining margins in the Mediterranean averaged $6.04/b, up from the $5.88/b average for the week ended Nov. 26, according to margin data from Platts Analytics. Web1 day ago · 4/13/2024. (Reuters) - Benchmark Northwest European diesel refining margins dropped to $17.70 a barrel on Wednesday, their lowest since Feb. 25, 2024, a day after Russia launched its invasion of Ukraine, data showed. Russia was a major supplier of diesel to Europe until the region banned imports of Russian fuel in February 2024. The … WebOct 19, 2024 · US Atlantic Coast refinery margins for the week ended Oct. 15 rose on the back of higher global refinery margins, supported by increased refinery capacity offline despite the restart of some plants, a ... Facing price spikes in the cost of natural gas to power their plants, some European refiners are forced to trim runs just enough to serve ... gina\u0027s heart of gold rescue