Persistent increase in domestic crude (Bakken, Permian, EF, etc) production, wide LLS-Brent (less incentive to pull WTI bbls for refineries with LLS access - I think), BP Whiting's hydrotreater coming online (can process more Canadian, which will displace Cushing bbls).
Dunno, I can also say that the GC refineries are the most advantaged in the world and have every incentive to run all out.
Persistent increase in domestic crude (Bakken, Permian, EF, etc) production, wide LLS-Brent (less incentive to pull WTI bbls for refineries with LLS access - I think), BP Whiting's hydrotreater coming online (can process more Canadian, which will displace Cushing bbls).
Dunno, I can also say that the GC refineries are the most advantaged in the world and have every incentive to run all out.
Thanks so much for this. Increasing supplies is exactly what I'm striving to zone-in on, but I'm unsure if the trend would continue into the near future. Never really followed the energy markets so this is all fairly new to me.
To your bemusement, I'm looking to prepare a CAD rates trade that requires analysis of WTI crude... Go figure.
If you have a terminal, Bloomberg's First Word service has improved massively over the past 6 months and gives a reasonably good factual wrap of market sensitive news, refinery outages and prices every morning. They also do a daily note (oil market daily, or something) which is a Platts type document with pricing, news and views.
I have also found just googling to be pretty good too. You often find bloggers who know their stuff and are happy to share views.
First Enercast Financial - the forums are a place where some commodity traders bs and share ideas. The also occasionally drop some knowledge on each other.
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Persistent increase in domestic crude (Bakken, Permian, EF, etc) production, wide LLS-Brent (less incentive to pull WTI bbls for refineries with LLS access - I think), BP Whiting's hydrotreater coming online (can process more Canadian, which will displace Cushing bbls).
Dunno, I can also say that the GC refineries are the most advantaged in the world and have every incentive to run all out.
Thanks so much for this. Increasing supplies is exactly what I'm striving to zone-in on, but I'm unsure if the trend would continue into the near future. Never really followed the energy markets so this is all fairly new to me.
To your bemusement, I'm looking to prepare a CAD rates trade that requires analysis of WTI crude... Go figure.
Good research costs money, spend it here:
www.energyaspects.com www.jbcenergy.com www.rnbenergy.com (free daily blog) www.genscape.com
If you have a terminal, Bloomberg's First Word service has improved massively over the past 6 months and gives a reasonably good factual wrap of market sensitive news, refinery outages and prices every morning. They also do a daily note (oil market daily, or something) which is a Platts type document with pricing, news and views.
I have also found just googling to be pretty good too. You often find bloggers who know their stuff and are happy to share views.
Look into John Kemp's blog on Thomson Reuters' website. He posts almost daily and shares some keen insights.
This may be one instance of you getting more than what you pay for, considering it's a free resource.
https://www.youtube.com/user/CMEGroupTV
First Enercast Financial - the forums are a place where some commodity traders bs and share ideas. The also occasionally drop some knowledge on each other.
Unde beatae aut nisi et iste. Sit animi aut velit sed et vitae repudiandae. Debitis ipsa voluptas assumenda quidem similique perspiciatis. Autem molestiae id officiis qui ratione.
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