Notice: Function _load_textdomain_just_in_time was called incorrectly. Translation loading for the rocket domain was triggered too early. This is usually an indicator for some code in the plugin or theme running too early. Translations should be loaded at the init action or later. Please see Debugging in WordPress for more information. (This message was added in version 6.7.0.) in /home/befikry/energyscan.befikry.com/wp-includes/functions.php on line 6121
US refiners ramp-up operations, at the expense of product stocks – EnergyScan

US refiners ramp-up operations, at the expense of product stocks

Brent prompt future prices retreated by 1$ at 56 $/b as most European countries doubled-down on restriction measures due to the expansion of the new strain of coronavirus. However, improved market conditions in the US, with an inventory draw in US commercial stocks and higher refining runs, are helping prices to potentially solidify at current levels. Chinese customs detailed preliminary trade data, showing December’s crude oil imports 15% below November’s level.

us-commercial-crude
Share this news :

You might also read :

ES-gas
December 7, 2021

Cal 2022 prices continue to increase

European spot gas prices were mixed yesterday, amid almost unchanged fundamentals. Norwegian flows were up yesterday, averaging 350 mm cm/day, compared to 344 mm cm/day…
ES-oil
September 8, 2021

No clear trend in crude oil prices

After approaching $73/b yesterday, the price of Brent 1st-nearby fell sharply to $71.11/b, but is already back above $72/b. In short, the market seems to be without a…
ES-economy
January 27, 2021

Classic pause ahead of the Fed

No clear trend on financial markets: from one day to another, the European and US stock markets continue to go in opposite directions. Bond yields…
Join EnergyScan

Get more analysis and data with our Premium subscription

Ask for a free trial here

Subscribe to our newsletter
Thank you for subscribing to our newsletter​

We will get back in touch with you soon.

Don’t forget to follow us on twitter!

EnergyScan - Newsletter subscription

Don’t have an account yet? 

[booked-calendar]