Diesel
HP Industry Metrics
Global product markets and refinery margins, particularly in the US, have seen steady improvement since January. Worldwide gasoline demand has soared in recent months in both OECD and non-OECD regions..
US crude output rose to 42-year high in March
March inventories are at the highest level in 85 years, and the production of natural gas liquids also set a record for the month.
HP Industry Metrics
US commercial crude oil inventories are at elevated levels and are expected to increase. Lower crude oil prices have supported consumption in developed economies, removed budgetary constraints in emer..
Striking USW workers at top refinery approve deal
Union workers at the Motiva refinery in Port Arthur, Texas, unanimously approved a new contract.
Shale oil characterization optimizes refining process
The abundance of shale oils is an unexpected gift for US refiners. These new crude oils have different characteristics from conventional oils that will affect refining processes and the operation of p..
Update on the catalytic cracking process and standpipes—Part 1
The fluid catalytic cracking (FCC) process is a well-established technology used by complex refineries. It is a key profit center, as the FCC unit (FCCU) has the flexibility to produce transportation ..
HP Editorial Comment: Downstream has good news for 2015
The outlook is optimistic for downstream companies. Independent refiners are positive on present and future demand for transportation fuels.
HP Global: Latin America’s refinery product demand is decelerating
The trajectory of refined product balances in Latin America and the Caribbean is changing. With demand growth slowing and throughput expected to rise by 2020, the region’s combined deficits for p..
HP Industry Perspectives: Notables from BP's Energy Outlook 2035
In mid-February, BP released its outlook for the next 20 years. As reminded by BP’s new chief economist, Spencer Dale, the outlook is a projection of what is most likely to occur based on the inf..
HP Industry Metrics
The global market is experiencing a potential temporary recovery from a prolonged decline, possibly followed by the continuation of the downtrend. This is reflected in continued growth in the US tight..
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