Oil Products

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The Impact of COVID 19 In The Downstream Oil & Gas Sector

This overcapacity is intentional; since most refineries do not run at 100% utilisation all the time and many will shut down for scheduled maintenance periodically, global refining utilisation rates stand at about 85%. Just as shutting down an oil rig can take weeks to complete, shutting down an e ...

Hui Shan

Posted 4 months agoLink > Oil Refiningdownstreamcovid-19 +5


Changing nature of non-OPEC supply types may be affecting the crude oil futures marketChanges in the oil investment and production cycle may be affecting trading dynamics for West Texas Intermediate (WTI) and Brent crude oil futures contracts. Similar research from the U.S. Commodity Futures Trad ...

Hui Shan

Posted 11 months agoLink > SudanSouth Sudanpetroleum +6

Hurricane Michael FACTBOX & Map - S&P Global Platts

Hurricane Michael made landfall at the Florida panhandle as a Category 4 hurricane Wednesday with 155 mph winds, quickly destroying demand for power, natural gas and refined oil products. Shut-in oil production rose modestly from Tuesday to over 700,000 b/d, but the storm has stayed east of much of ...

OilVoice Press - OilVoice

Posted 2 years agoOpinion > S&P Global PlattsHurricane MichaelFACTBOX +4

Sinopec Launches Petroleum Blue Book; China’s Oil Products Market Attracts Diversified Competitive Suppliers

(Houston, 1 March 2018) China Petrochemical Corporation (“Sinopec”) announced today the release of China Petroleum Industry Development Report (2018) in Houston, the United States. The Blue Book reveals that China's domestic demand for oil products improved in 2017, with estimated consumption r ...

OilVoice Press - OilVoice

Posted 2 years agoPress > Oil ProductsSinopecChina +3