Gasoline desulfurization for Tier 3
For making clean fuels, 14 US refineries bite the dust
By Hoekstra Trading LLC |
By clean fuels here, I mean conventional (not renewable) clean gasoline and clean diesel that meet clean fuel specifications for ...
Read More Why are (were?) we importing oil from Russia?
By Hoekstra Trading LLC |
In 2021, the US imported 700,000 barrels per day (BPD) of crude and refined products from Russia. Of this, 220,000 ...
Read More Value of octane hits all-time high
By Hoekstra Trading LLC |
The value of octane in the United States just hit an all time high of 12.6 cents per octane-gallon: For ...
Read More Update on the MPC-PSX stock price spread
By Hoekstra Trading LLC |
Throughout 2021 and 2022, I have been tracking the difference in performance of Marathon Petroleum (MPC, green) and Phillips 66 ...
Read More Constipated refineries
By Hoekstra Trading LLC |
Recently, it was reported that PBF Energy is considering restarting some secondary units at is partially-idled refinery in Paulsboro, New ...
Read More Refining earnings news signals Tier 3 margin squeeze
By Hoekstra Trading LLC |
Some news from recent refining earnings reports: Cenovus (CVE) reports low refining profitability Cenovus attributed low 4th quarter refining profits ...
Read More An update on the MPC-PSX stock price spread
By Hoekstra Trading LLC |
Six weeks ago, this comparison of Marathon Petroleum Corp (MPC - green) and Phillips 66 (PSX -red) 2021 stock price ...
Read More Refining stock performance 2021
By Hoekstra Trading LLC |
There was a large dispersion in the stock price performance of US refining companies in 2021. Calumet Specialty Products stock ...
Read More What? We’re exporting crude from our strategic reserve?
By Hoekstra Trading LLC |
In the news today . . . I am hearing the crude oil from our strategic petroleum reserve will be ...
Read More Phillips 66 3Q 2021 refining margin is still way low
By Hoekstra Trading LLC |
Today Phillips 66 (PSX) reported a realized refining margin of $8.57/barrel versus a market benchmark margin of $19.44/barrel. The ratio, ...
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