Join us at the upcoming 5th Opportunity Crudes Conference

Pass the peace pipe. 2016-09-27

Suncor Energy is going to build tanks with indigenous group—how 'bout a pipeline? Canada's biggest oil company announced on Sept. 6 that it had signed a deal with Fort McKay First Nation, selling a 34.3% stake...

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US shale oil exports pivot to Asia. 2016-09-27

According to a survey of five Asia-based industry sources, widespread exports of US crude to Asia will become feasible when the spread between ICE Brent and WTI futures moves above $3.00/bbl. While the spread is currently at just $1.45/bbl...

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Heavy crude OSPs mixed for Sept. with Arabian down, Basra up. 2016-09-15

Official Selling Prices (OSPs) for select heavy grades are varied for Sept., with Mexican Maya and Iranian Heavy nearly steady, but others posting volatile moves. Arabian Heavy's OSP was set sharply lower for the month...

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New Products

Integration of Delayed Coker and Hydrocracker

In order to reduce fuel oil, natural gas, and fuel gas consumption along with a reduction in CO2 emissions, some refiners are...Read more

Futures prices

Prices below are settled prices at the end of yesterday or last trading day

Popular Articles:

NEB panel steps down amid conflict-of-interest allegations. 2016-09-26

Venezuela's crude exports to US and Cuba continue to decline. 2016-09-21

Game (crude) changer. 2016-09-14

US shale output to edge lower in Oct.—except the Permian. 2016-09-26

US condensate splitters kept afloat by contracts. 2016-09-23

Earthquakes in Oklahoma are not ok. 2016-09-22

US coking margins tepid on USGC, drop in Midcon. 2016-09-15

Coking and cracking margins were mostly flat-to-lower on the Gulf Coast in July. Coking margins remained elevated, but trending downward, while cracking profits were relatively weak but inching up...

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White papers

Increased blending is both a blessing and a curse. Part 2

As discussed in Part 1 of this paper published earlier, declining crude prices encourage more spot purchases...

Market Insights

Vicious Cycle

Crude market rout since in mid-2014 because of excessive supply has come to a full cycle. Simply put it, abundant supply → lowering prices → better refining margins → increasing throughput → driving up crude prices, fuel in oversupply → reducing refining profits →...Read more

Trends and Statistics

Tight oil and gas reserves and production for Europe, Africa, & Asia.

As shown in Table 1c, the recoverable resources and current production of tight oil and shale gas in the......Read more


Unit revamps
  • Gazprom Neft completes modernization of AR deep conversion complex. The Russian firm has announced that it has completed a RUB 6B ...More
  • L&T Oman wins EPC contract for Sohar coke facility. Larsen & Toubro Oman has announced that ...More
  • KBR to license ROSE technology to Shell refinery. Royal Dutch Shell will license a ROSE® ...more

New Products
  • Baker Hughes' TOLAD™ cold-flow additives enhance the low-temperature handling properties of biofuels, petroleum fuels, residual oils, and crude oils. For more information, visit here

  • Maxxam Analytics' offers services to predict and measure viscosity of crude oil blends. For more information, visit here

  • XPLORER-NS analyzer by TE Instruments can measure simultaneously total sulfur and total nitrogen of refinery feedstock ranging from low ppb's to high ppm's, yet the analyzer is the smallest in today's market. For more information, visit here

  • Exova's expertise in oil pipeline corrosion testing helps operators identify variables ahead of the problems, e.g. construction materials, operating conditions, designs, fabrication, and of course, and crude sour levels. For more information, visit here

  • Near infrared spectroscopy by Insight Analytical determine composition, physical properties of crudes and NG condensates for upstream production, trains, trucks, pipelines, blending terminals, and refineries. For more information, visit here