Rhodes, Mike
Industry Metrics
Record low temperatures in the eastern US strengthened the diesel market but extended the downward trend in refining margins.
People
SIMMONS EDECO has appointed Niels Versfeld as Chief Executive Officer.
Industry Metrics
US product markets improved, supported by higher export opportunities amid unexpected refinery outages.
Industry Metrics
The US saw solid product demand, despite a decline following the end of the driving season, and reduced scheduled maintenance lent some support.
Industry Metrics
The global middle distillate market continued to improve on healthy demand and depleted stocks amid regional maintenance, while the bottom of the barrel saw pressure due to low demand and high inventory levels in Asia and Europe.
People
EnLink Midstream has named Rhonda L. Price to succeed Jennifer K. Johnson as Senior VP of human resources.
Industry Metrics
US product crack spreads surged amid refinery outages as Hurricane Harvey affected US Gulf Coast (USGC) refinery operations.
Industry Metrics
US margins recorded solid gains as crack spreads for all products increased due to healthy domestic demand.
People
Dr. Béla Kelemen has been named President of the European Petroleum Refiners Association for the next 2-yr term.
Industry Metrics
High refinery runs contributed to high inventories, pressuring US product markets despite healthy summer driving season demand.
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