Note to readers: This article was written on September 16 for HFI Research MLPs subscribers. After more than eighteen months of Covid-19 induced refined product demand weakness, the four-week average ...
Oil prices rallied yesterday, with ICE Brent settling more than 1.4% higher on the day, moving back above $65/bbl. The recent strength in the oil market has been driven by refined products, with ...
A number of perverse Beltway ideas never seem to die despite their underlying fallacies. The latest such nostrum is the argument that a renewed ban on the export of crude oil and refined products ...
Magellan’s MMP first-quarter results were led by its refined products performance. Overall refined products operating margins improved to $337 million for the quarter compared with $235 million last ...
In this article, we will be analyzing the global refined petroleum industry while covering the 15 largest exporters of refined petroleum. If you want to skip our detailed analysis, you can go directly ...
There is no way to trace whether there is Russian crude oil or how much crude from Russia will go into the refined products market globally, Shell’s chief executive Ben van Beurden said on Thursday.
HOUSTON--(BUSINESS WIRE)--Edgewater Midstream LLC (“Edgewater”), a portfolio company of EnCap Flatrock Midstream, announced today that it has entered into agreements with certain subsidiaries of Shell ...
HOUSTON--(BUSINESS WIRE)--For the first time, the IHS Markit base case scenario for refined products expects total global demand in 2050 to be lower than 2019 levels. However, other more drastic ...
Sunoco LP SUN announced that it has closed the acquisition of eight refined products terminals from NuStar Energy LP NS. The transaction has been valued at roughly $250 million. The leading ...
Canada now leads Russia in U.S. imports in the category of refined petroleum products, according to the most recent data from the U.S. Census Bureau, which is through February. The figures predate, of ...
Supplies believed to be partially mixed with Russian crude arrived in New York and New Jersey last month, per the WSJ. Those cargoes likely came from India, where the supplies were refined and blended ...
Traders work on the floor during the opening bell on the New York Stock Exchange on March 9, 2020 in New York. - Trading on Wall Street was temporarily halted early March 9, 2020 as US stocks joined a ...