Energy Market Commentary // Crude Quality

Lack of Heavy Crude Weighing on US Refiners

May 28, 2019 |
Ahead of IMO 2020, which requires ships globally to use fuels with a sulfur content below 0.5% from 3.5% currently, many thought an opportunity was emerging for US refiners. Complex US refineries could capitalize on an expectation of widening...
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Crude Exports Boon or Bust?

December 29, 2015 |
On December 23, Enterprise Products Partners (NYSE: EPD) announced that the first cargo of US domestic light sweet was contracted to be loaded in January by Vitol taking 600,000 barrels of crude oil from the US to destinations yet...
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How Low Can WTI Go?

August 25, 2015 |
With WTI closing below $40/bbl just before the refineries enter fall maintenance, one can’t help but ask, how much lower can prices go? While the recent price plunge is correlated to broader market sentiment as well as unexpected refinery...
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Producers Bagging DUCs, Bearish for Pricing

July 7, 2015 |
The EIA recently revised its reporting  for crude storage volumes.  The new storage report, while only published twice a year (at the moment), provides more transparency regarding how much of the storage number is “line-fill” and crude in transit. ...
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