, once again far surpassing analyst predictions. this week's report marks the first time in weeks that us crude inventories have showed declines. at the close, wti settled at $ , ulsd was up to $ , and rbob was up to $ . in terms of larger ongoing issues affecting markets, the opec meeting is still looming...
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containing a thickening agent. greases of mineral or synthetic origin consist of a thickening agent dispersed in a liquid lubricant such as petroleum oil or a synthetic fluid. diesel fuel, also called diesel oil, combustible liquid used as fuel for diesel engines, ordinarily obtained from fractions of crude...
oil and natural gas liquids (ngls). b realizations are based on sales of consolidated subsidiaries only, which excludes equity-accounted entities. c the refining marker margin (rmm) is the average of regional indicator margins weighted for bp's crude refining capacity in each region. each regional marker...
besides this weekends short term blowout, the nation is well supplied. additionally there was a memo sent by the saudi oil minister confirming the oversupply of product as well as the unsubstantiated value of the current marketplace. look for the remainder of the week to be a wild one. at the close, crude...
rising demand. small refinery news and traders rolling positions into aug also contributed to today's rise. personally, i have said for months that ho is stuck in this large new normal range of to , being at the top of that range now, one has to speculate at how much higher we can go. at the close, crude...
surprising, given there were really no changes in fundamentals that justified a rally of the magnitude we saw, outside of the ever present fear of supply disruptions whenever the east coast faces major snowfall, and the market being technically oversold. let's look at the numbers real quick: wednesday: crude...