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The US has supplied 5% more fuel oil per day on average in October so far compared to across September, according to the Energy Information Administration (EIA). Changes in monthly US residual fuel oil from September to October (so far): Production up 1,000 b/d to 347,000 b/d Supply up 16,000 b/d to 307,000 b/d Imports ...
We haven't written up this one. Hellenic Shipping News has the full story — the link below goes straight to it.
Prices recovered together today, easing the previous session’s broad weakness. DCE most-traded rose 0.90% to 675.0 yuan/mt; the 61%, 58% and 65% port indices increased to 658, 616 and 817 yuan/wmt.
The Energy Information Administration (EIA) released its latest Natural Gas Storage report, revealing an increase in natural gas inventories by 77 billion cubic feet for the past week.
US natural gas prices fell back to $2.76 per MMBtu on Friday, their lowest level in two months, as mild weather forecasts weighed on expected heating demand.
The U.S. refinery fleet has run at higher-than-normal rates this year, with refinery utilization averaging more than 95% of capacity between May and September, the highest for those months since 1998.
Asia’s long-term energy security will increasingly depend on diversified, reliable and lower-carbon LNG supply. As buyers look beyond traditional sources, Canada is emerging as a compelling long-term…
Energy – European gas storage draws start Oil prices surged yesterday, with front-month ICE Brent settling 4% higher at just above $113/bbl.