Archive for the ‘Platts analysis’ Category

EIA analysis: Gulf Coast refineries are cranking it out

US Gulf Coast refineries operated at a record rate last week, according to the Energy Information Administration. You can see our analysis of the latest numbers here.

EIA analysis: lots of things behind EIA reported build in crude oil stocks

A relatively minor build in crude oil stocks came about as a result of several factors in this week’s EIA inventory report. You can read our analysis of the numbers here. 

Read the rest of this entry »

Plenty of US ethane still available for crackers

The US petrochemical market has seen a flood of investments over the past few years on the heels of a production boom in unconventional North American hydrocarbons. The flow of capital has been welcomed as it transforms the North American chemical industry; one that was left for dead just five years ago as uncompetitive feedstock prices pushed companies toward consolidation. But, are there still opportunities for those looking for high returns on petrochemical investments? This analysis shows that there are still opportunities in the middle of this US-petrochemical super cycle.

Keep on cracking?

Read the rest of this entry »

EIA analysis: a big decline in gasoline inventories

This week’s EIA oil inventory data recorded a big drop in US gasoline inventories for last week. You can see our analysis of the numbers here.

EIA analysis: strong runs lead to a drop in crude oil stocks

The weekly EIA report showed a fairly sharp decline in crude oil inventories, led in part by strong refinery operating rates. You can see our analysis here. 

Read the rest of this entry »

EIA analysis: US refineries crank up their runs, crude oil stocks fall

The US refinery operating rate rose more than 2 percentage points last week, which for a one-week period is a significant jump. You can read about what that meant for inventories by reading our weekly analysis here.

Read the rest of this entry »

IEA paints a steady picture for 2015 oil markets

The International Energy Agency on Friday gave its first taste of how oil markets might look in 2015, and on first reading it looks as though they should be pretty well supplied throughout the course of the year.

The agency’s confidence that non-OPEC supply can meet almost all of the projected growth in demand next year means that OPEC itself won’t need to produce, on average, any more than its current 30 million b/d ceiling. Read the rest of this entry »

EIA analysis: US crude stocks fall on higher refinery run rates

US crude oil stocks fell 2.4 million barrels the week ended July 4 on an uptick in refinery run rates, according to data from the Energy Information Administration. Total US refinery throughput rose above the five-year average, which added to refinery utilization rates. Read the Platts analysis  from Alison Ciaccio here.

EIA analysis: US crude oil stocks decline 3.2 million barrels

US crude oil stocks fell a larger-than-expected 3.2 million barrels the week ended June 27, as refiners increased run rates and imports declined, US Energy Information Administration (EIA) data showed Wednesday. Read the Platts analysis from Alison Ciaccio here.

Energy Economist: Why do oil and natural gas markets appear complacent?

In this month’s selection on The Barrel from Platts’ Energy Economist, Ross McCracken wonders why in the midst of so much turmoil, markets are relatively calm.

Read the rest of this entry »