- OPEC Created A Mess
December 05, 2018
The Organization of Petroleum Exporting Countries (OPEC) created a mess. That’s according to FGE founder and chairman Fereidun Fesharaki, who made the statement in a television interview with Bloomberg on Wednesday.
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- Crude oil prices rise awaiting OPEC meeting
December 05, 2018
Light, sweet crude oil gained modestly Dec. 4 to settle above $53/bbl on the New York market while Brent crude oil also gained slightly to settle above $62/bbl as market participants considered Qatar’s announcement that it plans to leave...
- Elevated Feedstock VGO Could Play Swing Role
December 05, 2018
Interest in the refinery by-product vacuum gasoil (VGO) is increasing as analysts ponder the impact of IMO 2020 on VGO and related refined oil products.
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- Gasoline to Get a New Driver as Shippers Covet an Obscure Fuel
December 03, 2018
Drivers of gasoline-powered cars could be about to face an unexpected source of competition when filling up at the pump: merchant ships.
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- As Iran supply dries up, South Korea petchem firms find new, costly oil sources
December 03, 2018
With supply from major producer Iran uncertain, big condensate user South Korea is scouring the world for alternative sources of this key ingredient in its large chemical industry to avert shortages - a process that is proving to be cost...