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Crude oil

Could your facility benefit from a marine terminal assessment?

Carmagen Engineering, Inc.: Blundell, R.

How sure would a terminal manager at a distribution terminal, or a line manager at a refinery or a chemical plant that has marine loading and unloading docks, be that those docks are being operated at a level that ensures long-term safe performance?

Refining: Fuel processing vs. imports in East Africa: Will new refinery plans be realized?

Contributing Editor: Oirere, S.

Many analysts believe that Africa will remain a net importer of petroleum products for the foreseeable future. However, a few countries in the region have plans in place to build new refineries.

Industry Metrics

Hydrocarbon Processing Staff: Rhodes, Mike

US gasoline crack spreads continued to rally, but were offset by supply-side pressure as higher refinery runs contributed to increased inventories.

OPEC oil output jumps to 2017 high as Nigeria, Libya pump more

LONDON (Reuters) — OPEC oil output has risen in June by 280,000 bpd to a 2017 high, a Reuters survey found, as a further recovery in supply from the two member countries exempt from a production-cutting deal offset strong compliance by their peers.

India's largest refiner IOC setting up Singapore oil unit

SINGAPORE/NEW DELHI (Reuters) — India's largest refiner Indian Oil Corp is setting up an office in Singapore that will handle crude oil purchases and the sales of oil products from its refineries later this year, trade sources said on Friday.

Trump seeks to project global power through energy exports

WASHINGTON (Reuters) — President Donald Trump on Thursday promoted a "golden era" of the US energy business by seeking to assert power abroad through a boost in natural gas, coal and petroleum exports.

Iran's July crude exports set to fall from June-source

TOKYO (Reuters) — Iran's crude oil exports in July are set to fall 7% from this month's three-month high, mainly due to a decline in exports to Europe, a person with knowledge of the Middle Eastern country's tanker loading schedule said.

Asia demand for US, Atlantic Basin oil set to jump as buyers prep for winter

SINGAPORE (Reuters) — Asian demand for crude oil from the Atlantic Basin and the Americas is set to rise as low prices drive Japanese and South Korean buyers to snap up cargoes to arrive ahead of peak winter consumption.

Oil prices edge up to two-week high on dip in US output

NEW YORK (Reuters) — Oil futures edged up less than 1% after hitting a two-week high on Thursday, extending a rally into a sixth straight session after a decline in weekly US crude production temporarily alleviated concerns about deepening oversupply.

UAE energy minister says no talk about further OPEC supply cuts

PARIS (Reuters) — There is no talk of further oil output cuts by the Organization of the Petroleum Exporting Countries and its allies despite only a slow drawdown in inventories, the United Arab Emirates' energy minister said on Thursday.