oil processing spreads hanging in there as seeking alpha

Oil Processing Spreads Hanging In There As Seeking

Processing spreads give clues about demand.The gasoline crack is a lot higher than last year.The heating oil crack is even higher.Refining spreads and oil stocks point to a new 2017 high in crude oil.

Andrew Hecht

Update On Oil Processing Spreads Seeking Alpha

Bullish verdict compared to last year. These processing spreads are issuing a bullish verdict for the price of crude oil at this time. In the wake of the OPEC meeting, NYMEX crude oil

Andrew Hecht

EIA Natural Gas Inventory (NYSEARCA:UNG) Seeking Alpha

Now read: Oil Processing Spreads Hanging In There As Winter Approaches, And That Is Good News For Oil Bulls »

Jason Aycock

Crack Spreads Continue To Support Crude Oil Seeking

There are so many examples of how processing spreads have signaled changes in the price direction of crude oil on a short, medium and long-term basis. Matching moves in crack spreads

Market Structure In Crude Oil Sends Conflicting Signals

Last year at this time, the gasoline processing spread stood at over $20 per barrel. Source: CQG. The heating oil crack spread is a proxy for

Home Oil and gas processing

•Oil and Gas process calculations. • Fluid Flow calculations . • Crude oil and gas chemical treatment. • Cathodic protection for oil field facilities. Water Treatment • Produced water treatment. • Chemical selection and application for water treatment. • Scale tendency calculations. • Corrosion in oil

The Single Most Bullish Indicator For Oil OilPrice

Source: Seeking Alpha. Other than being a real-time indicator of oil demand, crack spreads also serve as a constant window into the profitability of oil processing companies such as Valero Energy

EconMatters

Welcom To EconMatters, home to the In depth analysis of global economic, stock, energy and commodity market events

Bad News For Oil: Refinery Profits Are Sliding OilPrice

There are several crack spread plays to choose from, with the 1:1 crack spread being the most common. More complex hedging strategies are the 3:2:1 crack spreads and sometimes 5:3:2 crack spreads.

Lots of Blue Sky in Crude Oil Above CQG News

Crude oil is over $18 per barrel higher this year than last which makes the current level of the processing spread for gasoline even more bullish when it comes to the current level of demand for the oil product. Heating oil futures are a proxy for many other distillate fuels, and at $21.75 per barrel, the heating oil crack spread is appreciably higher than it was last year at this time. At the

SSL Sasol Ltd. ADR Overview MarketWatch

Sasol seeking sale of stake in $13B Louisiana chemical plant Bloomberg Apr. 21, 2020 at 11:55 a.m. ET on Seeking Alpha BKR, FCX among premarket losers

EconMatters

Welcom To EconMatters, home to the In depth analysis of global economic, stock, energy and commodity market events

Lots of Blue Sky in Crude Oil Above CQG News

Crude oil is over $18 per barrel higher this year than last which makes the current level of the processing spread for gasoline even more bullish when it comes to the current level of demand for the oil product. Heating oil futures are a proxy for many other distillate fuels, and at $21.75 per barrel, the heating oil crack spread is appreciably higher than it was last year at this time. At the

Freeport-McMoRan News Markets Insider

Freeport-McMoRan News: This is the News-site for the company Freeport-McMoRan on Markets Insider

EQNR Equinor ASA ADR Overview MarketWatch

For all the headlines about negative oil prices, it sure is an odd time for European oil producers to rally. Apr. 24, 2020 at 7:49 a.m. ET by Barron's Shell puts off $1 billion North Sea development

Bad News For Oil: Refinery Profits Are Sliding

There are several crack spread plays to choose from, with the 1:1 crack spread being the most common. More complex hedging strategies are the 3:2:1 crack spreads and sometimes 5:3:2 crack spreads.

Crude Oil and the OPEC Meeting CQG News

The heating oil crack spread at $17 per barrel on the January contract on NYMEX is at the lowest level in years. The heating oil contract is also a proxy for diesel fuel. Last year this processing spread traded to lows of around $22. This tells us that demand for heating oil and diesel is weak the spread has not been at $17 at this time of

STLHF Stock Price Standard Lithium Ltd. Stock Quote

STLHF Complete Standard Lithium Ltd. stock news by MarketWatch. View real-time stock prices and stock quotes for a full financial overview.

American Resources Corp. MarketWatch

American Resources Corp. American Resources Corp. (Indiana) engages in the extraction, processing, transportation, and distribution of metallurgical coal to the steel industry. It focuses on its

Freeport-McMoRan News Markets Insider

Seeking Alpha 48d Freeport-McMoRan to Release Revised Operating Plans in Response to the COVID-19 Pandemic and First-Quarter 2020 Results on April 24, 2020 Businesswire 49d

LUKOY Lukoil PJSC ADR Overview MarketWatch

Global Automotive Engine Oil Market Insights On Emerging Scope Prophesy 2029 Gazpromneft Lubricants Ltd, LUKOIL oil company and Royal Dutch Shell plc. Mar. 30, 2020 at 1:34 a.m. ET on

IPSEY Ipsen ADR Overview MarketWatch

Dec. 6, 2019 at 7:51 a.m. ET on Seeking Alpha Merrimack Pharma up 6% on $6.7M special dividend Dec. 3, 2019 at 12:24 p.m. ET on Seeking Alpha

DRIV Global X Autonomous & Electric Vehicles ETF

Jul. 3, 2019 at 7:18 a.m. ET on Seeking Alpha Covid-19 Impact on Commerce Cloud Market Analysis by Size, Share, Future Scope, Sales Revenue and Regional Forecast to 2025

MDCA Stock Price MDC Partners Inc. Cl A Stock Quote

MDC Partners Inc. (MDCA) CEO Mark Penn on Q1 2020 Results Earnings Call Transcript Apr. 29, 2020 at 10:19 p.m. ET on Seeking Alpha RRD, SM, NAT and HTZ among midday movers

The Negative Crack Spread FT Alphaville

Ah,the crack spread.. Bread and butter to the gasoline trader, unequivocal jargon to every body else.. But there is more reason than usual to look at it. The spread, which is the difference in

Gold slumps to one-month low, but investors start buying

Gold slumps to one-month low, but investors start buying gold ETFs Comex December gold fell 1.4% in today's trade to settle at $1,208.60/oz., ending down 2% for the week to its lowest finish since

U.S. Crude Export Ban Benefiting This Canadian Offshore

People Out There Turnin' Natgas Into Gold NGLs, Gas Processing and the Frac Spread U.S. Crude Export Ban Benefiting This Canadian Offshore Oil Producer ( December 10, 2013 Seeking Alpha) U.S. Crude Export Ban Benefiting This Canadian Offshore Oil Producer (By: Michael Fitzsimmons)

Freeport-McMoRan News Markets Insider

Freeport-McMoRan News: This is the News-site for the company Freeport-McMoRan on Markets Insider

VLO: 2 Energy Companies That Continue to Rally Off Lows

The gasoline crack spread measures the refining margin for processing crude oil into the fuel. The gasoline crack spread is a barometer for the demand for crude oil as the energy commodity is the primary ingredient in the production of the fuel. At the same time, then processing spread is a real-time indicator for the profitability of refining companies.

The 'Hanging In There' Game For Oil Producers

By EconMatters 9.2 Million Barrels The latest EIA report shows the US Production rate steady and holding at the 9.2 million

iShares North American Tech-Multimedia Networking

Tech lunch: Tech recovers from semi slump By Seeking Alpha Nov 21, 2018 Another day, another Apple (NASDAQ:AAPL) supplier with cuts as Foxconn looks to slash $2.88B in costs including its iPhone

Oil News Today OilPrice

Latest world news from the energy sector. Our news analysis covers Fossil fuels, alternative energy and environmental developments.

Two Reasons Why Crude Oil Is Bullish and One Why It

The processing spreads in crude that measure demand for crude oil gained over recent sessions. As the daily chart of the September gasoline crack spread shows, the refining spread for the fuel moved from under $16 per barrel in mid-July to the $20.51 per barrel level before pulling back to $18.88 on July 31. Even though we are moving from peak

What Will Happen If Or When Oil Storage Capacity At

There are more details of this subject at my Seeking Alpha blog, especially at the discussion part, if anyone is interested (read the blog entry here). (click to enlarge) Projecting oil turning

Oil & Gas Archive Page 384 of 678 The World News

Imperial Oil: Hoping For Higher Oil Prices, Recent Cost Cutting Will Be A Big Help Seeking Alpha Apr 4, 2020 at 3:35 PM It has almost been a year since I had a look at Imperial Oil (IMO) here on Seeking Alpha, and I wanted to check up on this producer of heavy oil as the price for Alberta heavy oil has decreased to a single digit price per barrel.

Kurdish Referendum Roils the Mideast Consortiumnews

The Kurdish referendum seeking independence from Iraq has created more uncertainty in the turbulent Mideast with Israel appearing to see value in the new chaos, reports ex-British diplomat

Acquisitions & Divestitures Hart Energy

Restructurings, Shale Plays, Acquisitions & Divestitures, Trends San Juan Basin Bankruptcies, Acquisitions Case Study: Southland Royalty Co. Going forward, big data will be key in making good business decisions, and in the next few months there will be many buying opportunities as distressed oil and gas companies are forced to sell their assets.

Oil & Gas Archive Page 383 of 679 The World News

Norway considers oil output cut as OPEC+ talks hang in the balance S&P Global Platts Apr 4, 2020 at 6:11 PM Norway, Europe’s largest oil producer, has joined international discussions on the “challenging” situation in oil markets and would be willing to participate in production cuts as part of a “broad” international effort, Petroleum and Energy Minister Tina Bru said Saturday.

Desperately Seeking Alpha The Texas Pacific Land Trust

Some new analysis on Seeking Alpha is linked above. Along with the analysis comes with a spicy comment section. Lots of long term bulls mixed in with a few heroes that sold and plan to reload at the “bottom”. Godspeed. The article concludes that TPL will be ok (my words) as long as the price of oil stays reasonable. “Reasonable” happens

Sector Detector: Tech Leads Market Down Amid Global

First unrest in Egypt threatened oil supplies, which made the market jittery. And the contagion of unrest began to spread aggressively throughout the region, with Libya and Bahrain now front and center. Such uncertainty is not supportive of a bull market, but investors were hanging in there. But then like a lightning bolt, Japan was hit with a triple whammy of major earthquake, followed by



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