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Venezuela Looks to Europe and Beyond to Replace US Product Imports
Before the Trump administration began its crackdown on Caracas, the United States was the largest supplier of refined products to Venezuela. With strict sanctions in place, Venezuela has now turned to the European market, and notably Russia, in order to maintain a relatively steady level of imports of gasoline and middle distillates. US sanctions imposed […]
Tags: diluent, gasoline, middle distillates, OPEC, pdvsa, sanctions, Venezuela -
Market Signals Incentive to Shut FCCs Ahead of IMO 2020
Uncertainty continues to surround the forthcoming IMO 2020 sulfur cap, even with a mere five and a half months to go before the January 1, 2020, start of the regulation. What will the makeup of marine fuel demand be after the sulfur cap goes into effect? Will compatibility concerns limit market appeal for low sulfur […]
Tags: bunker, ClipperBlog, fuel oil, gasoline, IMO 2020, LSFO, marine fuels, VGO -
USAC Balance Report: High Octane Fears
Gasoline inventories on the US East Coast shrank for a second week in a row to 62.15 million barrels. Despite high gasoline stocks in PADD 3, barge deliveries slowed further last week.
Tags: gasoline, PADD 3 -
US Gasoline Import Week: Coming Elsewhere
Total imports of gasoline and components into the US East Coast for the week ending June 21 were up by 71,000 barrels per day compared to the previous week at 736,000 bpd, and 75,000 bpd higher than the five-year average for this time of year.
Tags: gasoline, US East Coast -
USAC Gasoline Balance Report: Drive Smarter Not Farther
As predicted last week, the EIA on Wednesday reported a draw on gasoline stocks on the US Atlantic Coast, bringing them to 63.53 million barrels and thus back to mid-March levels.
Tags: Atlantic coast, EIA, gasoline -
Global Gasoline Weekly: Indian Impact
Global exports of gasoline and components are in line with May’s pace in June, averaging 9.4 million barrels per day so far this month. Compared to year-ago levels, global exports are up 1.3mn bpd, or 16 percent.
Tags: gasoline, India -
US Import Week – Gasoline: Going North
Total imports of gasoline and components into the US East Coast for the week ending June 14 came in at 651,000 barrels per day, up by 109,000 bpd compared to the previous week. Still, imports are 72,000 bpd lower than the five-year average for this time of year.
Tags: East Coast, gasoline, imports -
Global Gasoline Report: Global Overflow
Global exports of gasoline and components surged to new record highs in May despite a host of planned and unplanned refinery outages. Export strength was widespread across the globe, with rising volumes from both large suppliers like the Arab Gulf and Southeast Asia, as well as from Latin and Central America.
Tags: gasoline -
Global Gasoline: European Refinery Disruptions
Belarusian refiner Belneftekhim detected elevated levels of organic chlorides in crude shipments coming from Russia’s Druzhba pipeline, which carries around 1 million barrels per day westward into European markets
Tags: gasoline, refinery -
U.S. Import Week: Start of Summer Strength
Billed deliveries into the US Atlantic Coast came in at 853,000 barrels per day for the week ending May 17. Total arrivals – including billed and unbilled volume – reached a nine-month high at 943,000 bpd, 252,000 bpd higher than the five-year average for this time of the year.
Tags: gasoline, U.S. import