OPIS Blog

March 12, 2024
Spot Market

Midwest Spot Fuels Market Has Murky E15 Outlook

US Midwest spot refined product market participants entered 2024 with major questions over how EPA will handle a 2022 request...

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April 27, 2023
Carbon, Spot Market

Charting Growth in Carbon Markets Across the Asia Pacific

Carbon markets are increasingly being seen by countries in the Asia Pacific as a tool to reach decarbonization goals, and...

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March 24, 2023
NGL & LPG, Spot Market

The Only Chart You Will Ever Need to Convert Global NGLs

Anyone working in the gas liquids market knows the need (and hassle) to convert global NGLs. NGLs — a.k.a. ethane, propane,...

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March 14, 2023
Gas & Diesel, Rack Market, Spot Market

Refinery Mixology: What’s in Your Gasoline?

Fun fact of the day: refiners, generally speaking, don’t make gasoline.

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March 10, 2023
Spot Market

Pricing 101: Spot Fuel Markets Made Simple

Spot fuel markets are where gasoline, diesel, jet fuel and other commodities get a physical price tag.

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March 2, 2023
Futures, Oil Market Basics, Rack Market, Spot Market

Fuel Buying 101: Futures and Spot Markets

Buying fuel is confusing even for seasoned pros. We’re here to help. The petroleum market features a slew of specialized...

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February 24, 2023
Gas & Diesel, Spot Market

One Year Later: Ukraine War Spurs Europe Oil Price Volatility, New Trade Routes

One year after Russia invaded Ukraine, energy commodity flows across the globe have shifted and prices have experienced extreme bouts...

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January 11, 2023
Distillates, Spot Market

Refined Markets East of Rockies May See Volatility Extend

Volatility was the name of the game for east of the Rockies gasoline and distillate spot markets in 2022, with...

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October 21, 2022
Gas & Diesel, Spot Market

Europe Diesel Differentials Soar as Strikes Shut Refineries, Stocks Collapse

Refinery outages and falling inventory levels in Europe have significantly tightened diesel supplies across the continent, causing spot price differentials...

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April 1, 2022
NGL & LPG, Spot Market

Ukraine’s Fuel Crisis Deepens Amid Logistic Obstacles, Regional Shortages

Ukraine is in the grip of widespread fuel shortages as the country tears itself away from Russian exports, and imports...

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October 1, 2021
Carbon, Spot Market

ANALYSIS: U.K.’s Much-Awaited Hydrogen Strategy May Unlock GBP4 Billion Investment

The U.K. government aims to attract private investment of 4 billion British pounds sterling ($5.51 billion) in blue and green...

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September 23, 2021
Bunker fuel, Carbon, IMO 2020, Shipping, Spot Market

Shippers Eye Methanol Fuel as Means to Decarbonize Global Fleet

In 2013, the Vancouver, Canada-based Waterfront Shipping Company introduced seven of the world’s first ocean-going vessels built with Germany’s MAN...

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September 1, 2021
Crude oil, Gas & Diesel, Spot Market

Ida’s Impact Likely to Be Measured in Weeks

Hurricane Ida, which made landfall as a Category 4 hurricane on August 29th packing strong winds and heavy rain along...

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August 4, 2021
Distillates, Gas & Diesel, Spot Market

How OPIS Covers Chicago Spot Fuel Prices

The Chicago spot fuel market is complex, with gasoline, diesel, jet fuel and kerosene sourced via several pipelines. 

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July 22, 2021
NGL & LPG, Spot Market

European Styrene and Benzene’s Six-Month Record Rollercoaster Ride

In January, after a socially-distant holiday season, with many countries announcing further lockdowns amid rising infection rates, the COVID-19 pandemic...

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July 12, 2021
Carbon, Spot Market

INSIGHT: German Refineries Kick Off Complex Green Hydrogen Switch

In July, Royal Dutch Shell’s Rhineland complex will become the first refinery to operate an electrolyzer plant in Germany, ushering...

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July 7, 2021
Bunker fuel, Carbon, IMO 2020, Shipping, Spot Market

Zero-Carbon Fuels Set to Transform the Future of Shipping

In 2018, the International Maritime Organization (IMO), a specialized agency of the United Nations that internationally regulates shipping, adopted an...

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May 26, 2021
Gas & Diesel, Retail Market, Spot Market

Beyond Mid-May Motor Fuel Madness: Will Gasoline Supply Scrambles Persist?

The First Driver of the 2021 Motor Fuel Panic In mid-April, a special report by Oil Price Information Service (OPIS)...

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May 3, 2021
Bunker fuel, IMO 2020, Shipping, Spot Market

Panama Canal Bunkers Sales Slid Amid COVID-19, but Transitway Remains Key

Since the beginning of 2020, the world has been dramatically altered in the wake of the COVID-19 pandemic.

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April 15, 2021
Biofuels, Renewables, RINs, Spot Market

A Wrinkle in Time? How Record RVO Numbers May Drastically Alter 1Q Refinery Bottom Lines

Be on the lookout for some befuddled refining analysts and disappointed investors as public refiners disclose their first quarter earnings...

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March 23, 2021
Biofuels, Gas & Diesel, Spot Market

U.S. Regulatory Changes Alter Landscape for Summer Gasolines

On Jan. 1, the U.S. Environmental Protection Agency (EPA) Fuels Regulatory Streamlining Rule went into effect, and while some impacts...

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March 22, 2021
Crude oil, Spot Market

Beyond the pandemic: an Aramco perspective

Recapping his remarks at the Aramco Virtual Energy Forum in conjunction with IP Week 2021

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March 15, 2021
Gas & Diesel, Spot Market

OPIS Chicago Location-Specific Spot Pricing Options: More Ways to Improve Your Bottom Line

In 2020, OPIS launched Chicago location-specific refined spot pricing assessments for Buckeye Complex, Wolverine Pipeline and West Shore/Badger Pipeline, providing...

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February 4, 2021
Biofuels, Ethanol, Renewables, RINs, Spot Market

2020 Energy Prices Complicated by Ag Products, Renewable Credits and Other Relationships

You need more than just a NYMEX or ICE futures’ screen to keep pace with petroleum prices, based on the...

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January 15, 2021
Bunker fuel, IMO 2020, Shipping, Spot Market

COVID-19 Rebound Key to Bunker and Shipping Markets

Mid-December seemed to be giving a peek into the 2021 bunker market, as fuel prices have been rising and Brent...

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December 13, 2020
NGL & LPG, Spot Market

Tradition and Rural Belief Systems May Hinder India’s Transition to Clean Cooking Fuels

A key message to emerge from the recent India Energy Forum by CERAWeek was the strong commitment by the Indian...

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December 6, 2020
Gas & Diesel, Spot Market

ANALYSIS: U.K., European Refinery Turnaround Activity Parting Ways in 2021

Continental Europe’s largest oil refineries do not plan to undertake full-scale maintenance in 2021, while by contrast, the U.K. will...

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November 23, 2020
Biofuels, NGL & LPG, Spot Market

The Multiple Pathways to Fossil-Free BioLPG

The LPG sector is exploring almost a dozen different pathways to usher in a decarbonized “bioLPG” future, however, commercial and...

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November 9, 2020
Gas & Diesel, Spot Market

Hard Brexit Would Shrivel Gasoline Flows Between UK and Europe

Time is ticking away to sign a Brexit deal, and the European gasoline market is bracing itself in case it...

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September 15, 2020
Gas & Diesel, Retail Market, Spot Market

Hurricane Laura Aftermath; Pandemic-inspired Demand Reductions

*Editor’s Note: Hurricane Sally is expected to make landfall late tonight or Wednesday along the Mississippi-Alabama coast. As of 2...

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December 2, 2019
NGL & LPG, Spot Market

What Is EP Mix? NGL Uses & Pricing

EP Mix is part of the natural gas liquid (NGL) family, with varied uses and a unique trading structure. Get...

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November 18, 2019
NGL & LPG, Spot Market

NGL Price Analysis & Export Outlook

Natural Gas Liquids prices dropped significantly in 2019, opening up opportunities – and challenges – for exports of products such...

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November 11, 2019
Gas & Diesel, Rack Market, Spot Market

How to Buy Wholesale Gasoline and Diesel Using Spot Market Prices

If you buy gasoline and diesel from a wholesale rack, keeping an eye on spot market prices may be your...

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October 28, 2019
Gas & Diesel, Rack Market, Spot Market

How to Find (and Use!) Your Ideal Gasoline and Diesel Price Report

In the fuel business, price transparency is everything. But how do you know what level of price discovery is right...

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October 21, 2019
Petrochemicals, Spot Market

Polyethylene Exports & the U.S. & China Trade War

The U.S. polyethylene (PE) industry has spent massive resources during the past decade to capitalize on abundant, low-cost raw materials...

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September 23, 2019
Crude oil, Ethanol, Gas & Diesel, Spot Market

Beyond Saudi Attacks: 4 Other Oil, Gasoline & Diesel Price Factors to Fear in 2020

Much of the oil, gasoline and diesel price direction in 2020 markets may be determined by whether the Middle East...

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September 17, 2019
Futures Market, Gas & Diesel, Spot Market

How Hurricanes Cause Oil, Gasoline and Diesel Price Changes

Oil price volatility is just a sliver of the massive repercussions that can stem from hurricanes.

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July 15, 2019
IMO 2020, Shipping, Spot Market

IMO 2020: Practical Analysis from a Global Shipping Hub

2020 brings radical changes for the global shipping world. We’re talking about IMO 2020.

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July 1, 2019
Petrochemicals, Spot Market

U.S. Ethylene Prices in Q2 2019: Where Have All the Traders Gone?

Ethylene prices are having a tough year. Trading liquidity has dried up in a market that has shed 30% of...

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June 24, 2019
Gas & Diesel, Jet fuel, Spot Market

Gasoline, Diesel & Jet Fuel 2019 Midyear Price Update

Gasoline, diesel and jet fuel prices have been volatile in 2019. From political rhetoric to fundamentals, this year is shaping...

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May 20, 2019
Carbon, Gas & Diesel, Rack Market, Retail Market, Spot Market

The California Gasoline Price Rally: What Happened, What’s Next

March and April 2019 were challenging months for California gasoline prices, with retail prices cresting $4/gal.  OPIS’ Lisa Street and...

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May 6, 2019
Gas & Diesel, Spot Market

3 Reasons U.S. West Coast Gas & Diesel Prices Are Prone to Volatility

The U.S. West Coast spot gasoline and diesel market is no stranger to dramatic price increases. But, what uniquely makes this...

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April 15, 2019
Gas & Diesel, Rack Market, Retail Market, Spot Market

Behind the California Retail Gas Price Spike: The Price Influence Chain in Action

Average retail gas prices in California have skyrocketed this spring, underscoring how the spot fuel market closely impacts prices at...

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March 18, 2019
Gas & Diesel, Rack Market, Spot Market

Gasoline Price Volatility and the 2019 RVP Season

It’s almost spring (never mind that snow!),  but the gasoline market is already thinking summer.

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March 11, 2019
Natural Gas, Spot Market

Natural Gas Markets 101: How History Shaped Today’s Infrastructure

Did you know that at one time, the natural gas industry was under monopolistic control? Let’s take a look back...

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February 25, 2019
Petrochemicals, Spot Market

U.S. Ethylene Prices in Q1 2019: Less-Than-Happy New Year

As yet, the year 2019 has not provided much in the way of a Happy New Year for ethylene sellers....

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February 4, 2019
Natural Gas, Spot Market

Natural Gas Prices in 2019: A Regional Outlook

U.S. natural gas prices could very well be looking at a volatile year in 2019. While U.S. dry gas production...

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January 28, 2019
Petrochemicals, Spot Market

Petrochemicals 101: The In’s & Out’s of the ‘Enes

The building blocks of the petrochemical world often take a back seat to the stars of the energy and manufacturing world. Let’s give...

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January 14, 2019
IMO 2020, Shipping, Spot Market

IMO Compliance Scramble: IHS Markit Study Findings

The oil market is facing a fuel specification change for which neither the refining nor shipping industry appears to be...

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January 14, 2019
Gas & Diesel, Jet fuel, Spot Market

Jet Fuel Prices in 2019 to React to Crude, IMO, Strong Demand

For the past two years, consumption of jet fuel by U.S. airlines has been strong, meaning that the annual pace...

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January 7, 2019
Gas & Diesel, Spot Market

2019 Gasoline and Diesel Prices by Market

Oil price futures are poised for a volatile 2019, if the end of 2018 is any indication.  What will that...

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December 3, 2018
Carbon, Spot Market

Carbon Credits: Paying the Pollution Price

Did you know there was a carbon market, setting the price for a chunk of polluted air?

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October 29, 2018
IMO 2020, Shipping, Spot Market

IMO 2020 Regulations and Fuel Price Impact Explained

The global shipping world in 2020 will see a challenge no other petroleum-dependent industry has witnessed to date. The repercussions...

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October 1, 2018
Crude oil, Gas & Diesel, Spot Market

Crude Oil Price Trend Analysis for 2019

The year 2019 may set the stage for a transformative decade, with crude oil prices looking capricious and unstable. Here...

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August 27, 2018
Gas & Diesel, Rack Market, Spot Market

What Makes Gasoline Prices Go Up & Down?

Congratulations! You’ve planned an impromptu weekend getaway!  The car is packed. Kids’ iPads are charged. Last thing you need to...

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August 22, 2018
Coal, Natural Gas, Spot Market

Natural Gas & Coal Export Markets the Focus of Unique North American Energy Conference

My colleagues and I are excited to organize and attend the North American Export Coal & Gas Summit on October...

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August 20, 2018
Gas & Diesel, Rack Market, Spot Market

Improve Gasoline and Diesel Buying with This Surprise Strategy

If you are one of the hundreds of thousands of buyers that pull gasoline and diesel from one of the...

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July 19, 2018
Rack Market, Retail Market, Spot Market

Video: Analysis of July’s Oil Price Drop

July 2018 has so far witnessed a steep drop in oil prices. 

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July 17, 2018
Rack Market, Retail Market, Spot Market

Oil Price Rally Hits a Snag: Two Factors to Watch

   The two-week-long run up in bulk U.S. gasoline prices in summer 2018 hit a mid-July roadblock when oil prices...

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July 11, 2018
Jet fuel, Spot Market

Jet Fuel Prices Set to Fall this Summer, Say Some Analysts

Jet fuel prices in the U.S., Europe and Asia have become a victim of their own success as 2018 reaches...

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June 25, 2018
Rack Market, Retail Market, Spot Market

Intro to Fuel Pricing: OPIS Crash Course Podcast

The world runs on fuel. From upstream resources, like crude oil and natural gas, to refined products, like gasoline or...

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June 18, 2018
Rack Market, Retail Market, Spot Market

Oil Price Analysis: Mid-Year 2018 Update

A steady diet of curveballs may be the best way to describe the first half of 2018 for oil and...

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June 4, 2018
Gas & Diesel, Jet fuel, Spot Market

How OPIS Assesses New York Harbor Spot Fuel Prices

Gasoline, diesel and jet fuel trade in the New York Harbor spot market on a full-day basis, with price swings...

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May 7, 2018
Gas & Diesel, Spot Market

Diesel Fuel Prices Set to Soar This Summer: Three Forecasts

Summer 2018 could get to be a hot one for diesel fuel. High diesel prices are in the forecast, given...

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March 26, 2018
Gas & Diesel, Rack Market, Spot Market

Gasoline Price Volatility and the Spring RVP Transition

Spring has sprung – Nor’easters blanketing a huge swath of the United States in snow notwithstanding – but the gasoline...

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February 26, 2018
Rack Market, Retail Market, Spot Market

Significant Gasoline Price Inflation Likely In March Madness

We’ve used the “March Madness” sobriquet before, but not necessarily in recent cheap fuel years.  Get ready for gasoline prices...

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February 19, 2018
Gas & Diesel, Spot Market

Summer Gasoline Prices Potentially Bullish

It may be the middle of the winter season, but some U.S. gasoline traders are already looking ahead to summer. And...

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February 12, 2018
Carbon, Spot Market

Cap and Trade History For Fuel Markets

Leaders across the globe are racing to enact a greenhouse-gas reduction scheme that dates back to when the price of...

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February 5, 2018
Spot Market

Ten 2018 Oil Market Trends You Can’t Ignore

2018 is on track to assist U.S. motorists in some overall cost savings, though the numbers remain staggering by anyone’s...

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January 29, 2018
NGL & LPG, Spot Market

Inside the 2017 Rally: Mont Belvieu Propane & Its Global LPG Reach 

It would be a gross understatement to say that shale has changed everything.

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January 8, 2018
Gas & Diesel, Spot Market

2018 Gasoline and Diesel Prices by Market

The year 2017 saw gasoline and diesel prices shaped by ever-volatile underlying oil prices, supply-and-demand-crippling meteorological events and the push...

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January 2, 2018
Jet fuel, Spot Market

No Holiday Gift to Airlines: Stronger 2018 Jet Fuel Prices Expected

Jet fuel around the world is wrapping up 2017 at the highest values all year and the stage is set...

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December 26, 2017
C-stores, Rack Market, Retail Market, Spot Market

Top 10 Downstream Oil Industry Stories of 2017

The past year brimmed with breaking news and analysis in the downstream oil industry.

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December 18, 2017
Rack Market, Retail Market, Spot Market

5 Hits & A Miss from the OPIS 2017 Oil Market Outlook

The end of the year is drawing near. We thought we’d take a break from last-minute online holiday shopping for...

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December 4, 2017
Crude oil, Gas & Diesel, Retail Market, Spot Market

A Tale of 2 Seasons: Factors That Shape Fuel Prices During Hurricanes

No two storms are created equal. The unique landfall of every storm is one of the most important factors and critical...

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November 20, 2017
Gas & Diesel, Mexico, Rack Market, Spot Market

Mexico Fuel Price Liberalization Map

 Following passage of energy reforms in late 2013, Mexico’s upstream and downstream gasoline and diesel markets are opening to private investment...

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October 19, 2017
Electric Vehicles, Gas & Diesel, Renewables, Spot Market

Strange Bedfellows? Biofuel Producers and Refiners Find Common Foe

Could the ancient proverb “the enemy of my enemy is my friend” point the way toward a rapprochement between U.S....

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October 10, 2017
Crude oil, Gas & Diesel, Jet fuel, NGL & LPG, Spot Market

Popping the Bubble of Fuel Freight Rates

Crude oil and refined product futures prices have been sliced in half since the oil price renaissance of 2011-14, but...

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October 10, 2017
Renewables, Spot Market

What’s Helping (and Hurting) Cellulosic Ethanol Production Growth

Cellulosic ethanol production is experiencing a small-scale but meaningful growth spurt due to high-tech advances. However, companies embracing these new techniques...

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September 14, 2017
Natural Gas, Spot Market

17 Game Changing Northeast Natural Gas Pipeline Projects

As summer 2017 wound down, the U.S. Northeast experienced record natural gas production output and depressed consumption. This set the stage...

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