Incoming Saudi crude oil during a supply glut? That actually may be a good thing for US producers. Read our post to understand why.
Category: Refined Fuels
Market Prices Remain Best Arbiter of Oil Production Levels
While the heads of the world’s largest oil producing nations were quick to claim a diplomatic victory following the latest OPEC+ output cut agreement, crude prices are telling a different story. Prompt month Brent and WTI futures contracts are now trading nearly 20% lower from their early April highs, both returning to a super contango forward curve price structure following the conclusion of the OPEC+ meeting.
How weather data helps offshore companies improve tender responses
Using weather data to support tender responses can help offshore companies improve planning, ensure pricing is competitive and mitigate against projects overrunning.
China Storage Capacity Opens Door for Opportunistic Buying
Since the 2014 oil bust, China has established itself as an opportunistic buyer and importer of crude amid dips in global prices.
Travel Limitations Don’t Have to Impact Your Training Plans
The impact of the COVID-19 outbreak has been felt all over the world. Schools have closed, travel plans have been put on hold and businesses large and small are bracing themselves for the continued fall out.
Uncharted Waters Webinar
Industry expert Dominick Chirichella led over 600 people through a webinar on Thursday, April 2nd, titled, “Uncharted Waters: Fuel Market Risks & Variables.” Dominick’s decades of experience as an energy industry analyst and trader served the audience well, as he took them through our current, unprecedented situation.
Normalizing critical inventory information
Do more in less time.” Read how Marathon Petroleum uses DTN TIMS to automate their business.
Uncharted Waters, Fuel Market Risks & Variables
The dual pressures of the Saudi Arabia-Russia price war and COVID-19 have shocked the energy sector. In our webinar, industry expert Dominick Chrichella will explain the dynamics of the market, what to expect, and what you can do to reduce negative impact to your business.
USDA Planting Intentions Report Review and Discussion of Markets and the Coronavirus
DTN’s lead analyst Todd Hultman will evaluate USDA’s latest report estimates.
Real-time Traffic Data Heralds Big Drop in Gasoline Demand
Real time traffic data suggests travel in America’s largest cities is down over 50% from their historical seasonal norms, which could lead gasoline demand to drop to its lowest in over 20 years.