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Baiji oil refinery secured as Iraq fighting continues

Iraqi government forces regained full control Thursday of the country’s biggest oil refinery following heavy fighting as the country scrabbles to contain the Sunni militants which still threaten...

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EIA analysis: Crude stocks up despite uptick in refinery utilization rates

U.S. commercial crude oil stocks rose 1.7 million barrels the week ended June 20, boosted by a rise in imports, mainly to the U.S. Gulf Coast (USGC), U.S. Energy Information Administration (EIA) data...

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Abundant shale production also yields potential supply pinch for aromatics

The US petrochemical industry might be buzzing about all the cheap ethylene it can now make thanks to inexpensive ethane from shale gas plays. And while that certainly is helping position US polymer...

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The Oil Big Five: Is anyone surprised that Iraq tops our list?

Welcome to The Oil Big Five for July 2014, where we list the big issues that are keeping our Platts oil experts busy around the globe. You can find our last posting here, which had the problem of not...

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The Oil Big Five: Your comments include Iraq, Africa, refining, and OPEC

You’ve read about the big topics our Platts experts think are most interesting for July, and now we want to turn our attention to our readers. In our monthly The Oil Big Five feature, we poll our...

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How can refineries run at more than 100%?

It’s a common cliché, the kind of thing that could be on a classroom poster: Give it 110%. Frequently said by athletes and business professionals alike, the sentiment sometimes causes others to wonder...

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The Oil Big Five: Unleash the Kalavrvta!

It can often feel as though many of the big issues or trends in the oil industry are happening on a level unseen by the general public. July, though, brought some big news stories straight to the...

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Privatization of key UK jet fuel pipeline could bring cash to expand capacity

It’s not every day an asset of strategic importance to the UK’s oil infrastructure is put on the market. Even less frequently will that asset come with a portfolio of clients including the UK Ministry...

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Regulation & Environment: Tax changes facing Russia’s oil sector

Russia’s refineries are facing a change in domestic taxation that is expected to have a significant impact. Platts’ Moscow bureau chief Nadia Rodova looks at the shifts in this week’s Oilgram News...

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The Oil Big Five: Finding a footing when the crude landscape is shifting

Now that the global crude oil markets are in the middle of a sort of upheaval, it seems increasingly harder to have clear thoughts or emotions about what the future holds. There are so many nuances to...

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EIA analysis: Record US crude oil runs lead to bearish product stock builds

Soaring crude oil inputs at US refineries helped to push combined US gasoline and distillate stocks 13.78 million barrels higher the week ended December 5, US Energy Information Administration (EIA)...

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EIA analysis: Crude oil production, refinery slowdown drive stocks higher

US commercial crude stocks jumped 10.1 million barrels during the week ended January 16, according to the latest data from the US Energy Information Administration. The inventory, at 397.9 million...

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Opportunities are strong in the European oil storage business

The room was pretty full for the first day of the Platts European Storage conference in Amsterdam this week, and it’s not surprising: the opportunities in this segment appear to be as strong as they’ve...

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EIA analysis: Crude oil stocks reach record high

The most recent oil data from the US Energy Information Administration reveals commercial crude oil stocks jumped 8.9 million barrels to a record high 406.7 million barrels during the week ended...

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EIA analysis: Production, lower crude oil runs boost US stocks

US refineries scaled back for the week ended February 20 as part of the ongoing maintenance season, contributing to US commercial crude oil stocks building to a record 434.1 million barrels, according...

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Will US Gulf Coast gasoline trade ever see a $3 million deal again?

So what can you get these days for $3 million? Well, this apartment. Or 250,000 pairs of those khakis that Michigan football coach Jim Harbaugh loves so much. How about two islands due south of...

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Should China’s state-owned giants fear the teapot refineries?

China’s intention to relax hitherto strict crude import rules may be causing alarm within its state-owned refiners. The country’s small but resilient independent teapot refiners have long complained...

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Regulation & Environment: US oil struggles to unite over regulation reforms

In this week’s Oilgram News column, Regulation & Environment, Brian Scheid describes how different segments of the US oil industry are grappling with which policies they feel most in need of...

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US commercial crude stocks continue build: EIA analysis

While US crude oil production was almost flat for the week ended March 20, total commercial stocks increased 8.170 million barrels to 466.678 million barrels, according to data released today from the...

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The Oil Big Five: Taking stock at the end of Q1

There are a couple months of the year that seem busier than others, and April is one in the oil industry. The first quarter has ended, and many of the editors here at Platts are readying themselves for...

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