Showing posts with label refining. Show all posts
Showing posts with label refining. Show all posts
Wednesday, July 31, 2013

Phillips 66 2nd Quarter Profit Falls 19 Percent

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COT Fund favorite Phillips 66 announces earnings today and states that second quarter earnings plummeted 19 percent as it failed to get th...
Sunday, March 17, 2013

Trading Tips from John D. Rockefeller

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John D. Rockefeller was America's first billionaire . After the civil war Rockefeller had a good amount of money with which to invest....
Friday, July 6, 2012

Crude Oil Distillation and the Definition of Refinery Capacity

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A crude oil refinery is a group of industrial facilities that turns crude oil and other inputs into finished petroleum products. A refinery...
Thursday, July 5, 2012

China's Top Refineries Cut July Output on Weak Demand

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Top Chinese refineries will cut crude oil processing runs in July, following gains in the previous two months, as sluggish demand, poor refi...
Wednesday, April 18, 2012

Williston Basin Crude Oil Production and Takeaway Capacity are Increasing

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Crude oil production from the Williston Basin (primarily the Bakken formation) recently increased to more than 600 thousand barrels per da...
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Thursday, April 12, 2012

EIA: U.S. Imports of Nigerian Crude Oil Have Continued to Decline in 2012

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The trend of declining crude oil imports into the United States continued in the first month of 2012. There has been a particularly sharp de...
Tuesday, March 20, 2012

Refinery Utilization Rates React to Economics in 2011

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The divergence of West Texas Intermediate (WTI) and Brent crude oil prices in 2011 affected refinery utilization in the United States, par...
Sunday, January 8, 2012

EIA: U.S. Refineries and Blenders Produced Record Amounts of Distillate Fuels

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Source: U.S. Energy Information Administration, Weekly Petroleum Status Report . Download CSV Data U.S. refiners produced historic...
Monday, December 12, 2011

Residual Fuel Consumption in the U.S. Continues to Decline

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After reaching a high point of over three million barrels per day (bbl/d) in the late 1970s, demand for residual fuel oil in the United Stat...
Thursday, October 27, 2011

ExxonMobil 3rd Quarter Profits Soar 41%

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ExxonMobil's third quarter earnings surged 41% as the oil giant continued to benefit from high oil prices and stronger refining margins....
Friday, August 14, 2009

China Cashes In On Overseas Shopping Spree

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The second largest energy consumer, China is quickly becoming one of the most significant energy players in the world. Increasingly in need ...