Trans Alaska Oil Shipping below average rates
The Trans Alaska Pipeline System was still shipping crude well below the average 2009 rate this week, after routine maintenance in mid-June. For full story, click here
Articles Tagged "maintenance"
N.Asia Q2 oil imports down 7pct
Crude oil exports to North Asia declined by 785,000 barrels per day (bpd) in Q2 from the first due to seasonal plant maintenance, while prices above $100 motivated refiners to reduce import and draw on inventories. A trader with a North Asian refiner said: Imports dropped mainly due to refinery maintenance. But a second reason is decreasing demand. For more information, [...]
