An enlarging market, he hopes, will encourage
more oil refiners and other companies to get into the business.
Not exact matches
Refiners tend to be
more profitable when
oil prices are low.
Last week's strange diesel exports are
more likely an anomaly than a trend: As the U.S. continues to ramp up output of light, sweet, Texas
oil,
refiners» ability to pump out diesel will be threatened, and the U.S. will soon face a shortfall, Fitch's BMI Research analysts said Wednesday in a note.
In other cases, the story is
more nuanced: For example,
oil and gas extraction firms benefit, while the producers of petroleum and coal products lose, echoing the tension between
refiners and
oil - shale producers.
Traditionally, when
oil futures decline, prices in the physical markets tend to rise because crude is becoming cheaper and hence
more attractive to
refiners.
The RSPO is the leading initiative working towards sustainable
oil palm production, bringing together
more than 3000 stakeholders like producers,
refiners, retailers and NGOs.
By linking Canadian fields to
refiners in the Gulf Coast, the 1,200 - mile (1,900 - km) Keystone XL pipeline would be a boon to an energy patch where
oil sands are abundant but that produce
more carbon pollution than many other forms of crude.
There's been lots of price action among
oil refiners and marketers, food retailers, technology... Read
More
A recent survey by EY indicated some younger Americans can learn
more about how natural gas and
oil companies and
refiners are developing the energy that our country will need for decades to come — safely and responsibly.