Oil Supply Drops in Survey as U.S. Refinery Demand Climbs
Bloomberg reports that U.S. crude-oil supplies probably dropped to their lowest level in three months as refinery demand increased with the end of seasonal maintenance.
Bloomberg reports that U.S. crude-oil supplies probably dropped to their lowest level in three months as refinery demand increased with the end of seasonal maintenance.
Washingtonpost reports that gas prices are certain to be the highest in three years.
India’s Chennai Petroleum Corp. has deferred its planned two-month shutdown of nearly a third of its 190,000 barrels-per-day Manali refinery in southern India by a month to meet local fuel demand. For full story, click here
India’s Mangalore Refinery and Petrochemical Ltd has aimed to process at least 12.4 million tonnes of crude oil in the fiscal year ending March 2010, Managing Director U.K. Basu told reporters on Thursday. For full story, click here
Essar Oil has aimed to surge the share of heavy crude at its Vadinar refinery in western India to about 75 percent of the oil it processes from 70 percent. For full story, click here
India’s Mangalore Refinery and Petrochemicals Ltd. has issued a tender to purchase 650,000 barrels of crude oil for Sept. 1-15 loading. For full story, click here
India’s Mangalore Refinery and Petrochemicals Ltd. has issued a tender to purchase 650,000 barrels of crude oil for Sept. 1-15 loading. For full story, click here
Russia’s LUKOIL has purchased a stake in a Dutch refinery from France’s Total, gaining a foothold in northwest Europe and blocking a bid by the biggest U.S refiner, Valero, to enter the region. For full story, click here
India’s Mangalore Refinery and Petrochemicals Ltd. has issued a tender to purchase 650,000 barrels of crude oil for Aug. 15-30 loading. For full story, click here
Petrojam declared that it has begun offloading crude oil from the oil tanker M/T Great News which on June 1 collided into the refinery’s docking facility, causing severe damage to the loading dock and several pipelines. For full story, click here
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