20 Dec 2019 But the effect of IMO — which will be broadly supportive for oil products demand, and in turn refining margins — could be offset completely should 21 Jan 2020 Global refining margins for gasoline weakened across a majority of an 85,000 b/d demand rise in the first quarter of 2020 compared with the Light cracking margin for refiners in the Amsterdam-Rotterdam-Antwerp oil hub 7 Feb 2020 coronavirus and IMO 2020, we're seeing refining margins come under increasing Downstream isn't the glamorous end of the oil business. 21 Jan 2020 Though less than a month in, the new year has been difficult for oil The firm added that Asian refining margins were particularly weak as a 1 Jan 2020 For 4Q19 and 2019 as a whole global refinery runs are estimated to have declined by 0.2 mb/d y-o-y. Refining margins continued falling in 28 Jan 2020 China is set to further expand its massive oil refining capacity this year, and analysts expect a further 460,000 bpd to become operational in 2020. Asian benchmark refining margins for diesel and jet fuel are already 9 Nov 2019 New fuel specifications are set to send shockwaves through oil markets, 2020, is fast approaching, the previously expected refining margins
S-Oil sees refining margins improving on IMO 2020, easing trade tensions SEOUL: S-Oil Corp, South Korea 's third-biggest refiner by capacity, said on Friday that refining margins are expected to improve in 2020, supported by demand growth from the implementation of new shipping fuel rules and thawing US-China trade tensions.
10 Oct 2019 We expect investor focus to be on the impact of the forthcoming IMO 2020 regulations and continue to believe that Hellenic Petroleum is well 14 Nov 2019 A fall of US$50/ton in prices of Furnace Oil results in a ~Rs27bn loss to the refining sector, keeping other margins constant 9 Feb 2019 Asia Refiner Profits Hammered by Free-Fall in Fuel Oil Margins HSFO ahead of IMO 2020,” said Serena Huang, senior market analyst at oil 18 Nov 2018 Limited numbers of FONAR (Fuel Oil Non Availability Report) waivers as MGO is a Simple refining margins- Forward market calendar 2020. 22 Mar 2019 Oil refining margins will recover from their current slump and the sector from the start of 2020, will help Asian refining margins recover in the 9 Dec 2014 This statistic displays the refining margins of selected major crude oil types by region, from 2012 to 2015. Statista 2020. Show source. ✕. 31 Oct 2019 Refining margins depend on the difference between product prices at the refinery and in the prevailing international markets, Sanjiv Singh, the
10 Oct 2019 We expect investor focus to be on the impact of the forthcoming IMO 2020 regulations and continue to believe that Hellenic Petroleum is well
9 Nov 2019 New fuel specifications are set to send shockwaves through oil markets, 2020, is fast approaching, the previously expected refining margins 21 Jan 2020 Refining margins in the last few months of 2019 were also weak, for 2020, supporting stronger global economic growth and higher oil In the years around implementation (2020-21), the light-heavy price spread will spike and refining margins will be higher, particularly for complex refineries.
9 Dec 2014 This statistic displays the refining margins of selected major crude oil types by region, from 2012 to 2015. Statista 2020. Show source. ✕.
While upstream earnings are mainly affected by crude oil prices, downstream earnings are affected by refining margins. In 2020, the company’s earnings growth will be based on both variables—oil Read why oil analysts believe IMO 2020 will be bullish for refiner margins. Refineries typically plan maintenance in the spring and autumn in order to gear up for stronger fuel demand in the Refining margins in the Amsterdam-Rotterdam-Antwerp region were stronger, with Urals cracking margins averaging $6.01/b, up from the $4.88/b the week earlier. Part of the strength was due to regional refineries beginning seasonal turnarounds, lowering demand for crude and reducing product inventories. Oil prices have plunged to one-year lows, but refiners in certain parts of the U.S. are not benefitting from cheaper crude. According to new data from the EIA, refining margins for motor gasoline sulfur residual fuel oil consumption declines throughout the AEO2019 Reference case projection, down to a 22% share of U.S. ocean -going marine vessel bunker fuel by 2025. In AEO2019, EIA projects that the share of low-sulfur residual fuel oil consumed in U.S. ocean-going marine vessel bunkering will increase from 38% in 2020 to 43% in 2025.
One of the most anticipated changes of IMO 2020 is that the complex and flexible refineries in the Middle East may flourish and make better profit margins. For example, ADNOC made ‘zero fuel oil’ refining a high priority when the IMO 2020 regulation was first proposed.
28 Jan 2020 China is set to further expand its massive oil refining capacity this year, and analysts expect a further 460,000 bpd to become operational in 2020. Asian benchmark refining margins for diesel and jet fuel are already