The disruption highlights a key reality often overlooked in the oil market: while volumes may be globally fungible, crude quality is not. WHAT: The disruption to Hormuz flows has left many refiners ...
This article was written by Bloomberg Intelligence Industry Analyst Brett Gibbs and Senior Associate Analyst Sabrina Gutierrez. It appeared first on the Bloomberg Terminal. Greater flows of Venezuelan ...
BENGALURU/LONDON Jan 27 (Reuters) - U.S. demand ‌for imported fuel oil is set to ‌fall this year as refiners snap up new flows of heavy Venezuelan crude, yielding more domestically produced fuel oil ...
Missiles, mines, attacks on ships, US blockade, Iran’s closure - the Strait of Hormuz has de facto been closed since the ...
US demand for imported fuel oil is expected to decline European fuel oil cracks weaken further Valero, Phillips 66 buy Venezuelan oil cargoes Iraqi fuel oil exports to the USGC rose between 2019 and ...