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Oil
Tight USGC fuel oil supplies pull crack spread higher: sources
Reduced runs at US refineries have restricted residual fuel oil supplies in the US Gulf Coast region in recent weeks, helping push the fuel oil crack spread higher on Thursday, market sources said. ...More...
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Diesel moves to center stage for refiners
European Oil: 2008 in Review Diesel shared the steep climbs then precipitous falls of the rest of the oil complex in 2008, but the landmark transition for the driving fuel was its supplanting of gasoline as the defining component in the oil barrel.
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Platts Oilgram NewsLow prices prompt CNPC to fill crude reserve base
The China National Petroleum Corporation started filling its 1 million cubic meter (6.29 million barrel) crude oil reserve at Shanshan county in western Xinjiang province December 22, a CNPC West Pipeline Company source said January 7.
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