Comprehensive weather insights help safeguard your operations and drive confident decisions to make everyday mining operations as safe and efficient as possible.
Learn how to optimize operations with credible weather and environmental intelligence. From aviation safety to environmental compliance, our comprehensive suite of solutions delivers real-time insights, advanced forecasting, and precise monitoring capabilities. Learn why DTN Market Insights Director Dominick Chirichella says stabilizing oil rigs could signal a change in the markets — and what factors may stand in the way.
Oil Rigs Starting to Stabilize Production Increasing – Bearish Signal?
Category: Refined Fuels
Launch Your New Career with Energy Trading Courses
The global pandemic has caused millions of workers worldwide to rethink their goals, careers, and ambitions. If this describes your scenario, you may be looking for something new. Energy trading courses could be the key to unlocking a whole new career path for you.
Can Fuel Administration Software Make You More Profitable?
In any business, the primary goal is to become profitable, then grow that profit over time. The bottom line increases when the company maximizes revenue while minimizing costs. For fuel buyers and sellers, investing in fuel administration software is both a necessary and profitable venture.
Phase 1 Trade Deal Unravels Despite Surging Chinese Crude Imports
China has established itself as an opportunistic buyer and importer of crude amid market downturns over the past six years given both its vast and growing storage and refining capacities.
Using Historical Stock Prices and Real-Time Tick Data for Trading Success
When it comes to making effective decisions on when to buy or sell on the market, knowledge is everything. Using historical stock prices to predict market trends is an excellent way to understand when to buy and sell. Accessing information about past patterns, and using all available real-time tick data, are keys to trading success.
Net Import Turnabout
Last week in this report we discussed the much-needed narrowing of U.S. net imports of crude. We detailed the importance of further declines in net imports in the coming weeks if we were to see the material draws to crude stocks needed to keep the rally in crude prices alive.
Much Needed Net Import Narrowing
The first draw to commercial crude stocks in four weeks and the largest draw to commercial crude stocks this year was reported by the EIA on Wednesday. Despite commercial crude stocks still registering 65 million bbls above year-ago levels, prompt month WTI is now on track to close higher on the week.
Rising Crude Production and COVID Cases Create Headwinds
The EIA’s weekly U.S. crude production estimate rose 500,000 bpd in this week’s report, registering at 11 million bpd.
5 Signs Your Rack Pricing Data Isn’t Good Enough
If your livelihood depends on buying or selling fuel, then you know how volatile the market can be. And you understand that access to timely information is crucial for your success. Robust rack pricing data is critical to help you stay on top of price changes and maximizing your profit margin.
DTN FastRacks® Case Study
Lamb Fuels is credited with pioneering the fuel recovery market in the United States and Canada. It operates in 45 U.S. states, as well as the Canadian provinces of British Columbia and Alberta.