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Nov 21, 2024 | 
spglobal.com | Binish Azhar |Alexander Saucer |Janet McGurty
Make Decisions With Conviction For full access to real-time updates, breaking news, analysis, pricing and data visualization subscribe today.
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Oct 31, 2024 | 
spglobal.com | Jeff Mower |Starr Spencer |Binish Azhar
Make Decisions With Conviction For full access to real-time updates, breaking news, analysis, pricing and data visualization subscribe today. Crude Oil | Upstream Crude production in the Permian Basin is growing, but pipeline capacity growth out of the West Texas/New Mexico play is lagging.
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Oct 14, 2024 | 
spglobal.com | Binish Azhar
US crude oil stocks likely continued to climb the week ended Oct. 11, analysts surveyed by S&P Global Commodity Insights said Oct. 14, as runs continued to ease amid turnarounds. Not registered? Receive daily email alerts, subscriber notes & personalize your experience. Commercial crude stocks likely climbed 1.7 million barrels to around 424.4 million barrels over the period, analysts said.
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Oct 9, 2024 | 
spglobal.com | Markham Watson |Binish Azhar |Abbie Bennett |Karen Rivera |J Robinson
More than 76,000 customers in Florida were without power at 5 pm ET Oct. 9, according to PowerOutage.US, as the outer bands of Hurricane Milton lashed the southern peninsula with high winds, heavy rains and storm surges, weakening energy demand and prices. Not registered? Receive daily email alerts, subscriber notes & personalize your experience. Florida peakload was forecast to be about 34.9 GW on Oct.
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Oct 8, 2024 | 
spglobal.com | Binish Azhar |Julia Martinez
Kinder Morgan shut its Tampa Bay, Florida refined products terminals as well as its Central Florida Pipeline system in preparation for Hurricane Milton, the company said Oct. 8. Not registered? Receive daily email alerts, subscriber notes & personalize your experience. "Based on our current understanding of Hurricane Milton's path and intensity, we have shut down our pipelines that are part of the Central Florida Pipeline system," spokesperson Carolina Olivares said Oct. 8.
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Sep 23, 2024 | 
spglobal.com | Binish Azhar
Freight rates for VLCCs traveling on trans-Atlantic routes out of the US Gulf Coast are recovering from year-plus lows brought on by finnicky demand for US crude exports and ample ship availability, a trend seen impacting all ship classes moving oil and refined products, according to market sources. Not registered? Receive daily email alerts, subscriber notes & personalize your experience.
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Sep 16, 2024 | 
spglobal.com | Jeremy Beaman |Binish Azhar
Local authorities in Houston ordered evacuations and shelter-in-place orders Sept. 16 after an Energy Transfer pipeline carrying natural gas liquids caught fire. Not registered? Receive daily email alerts, subscriber notes & personalize your experience. The city of La Porte said its fire department responded at 9:55 am CT to the fire, which occurred in the neighboring city of Deer Park.
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Sep 12, 2024 | 
spglobal.com | Binish Azhar
Oil and natural gas producers faced the peak of production shut-ins in the US Gulf of Mexico Sept. 12 as Tropical Depression Francine struck the region as a hurricane the night before, landfalling in eastern parts of Louisiana which resulted in additional facilities going offline, according to the federal Bureau of Safety and Environmental Enforcement statistics. Not registered? Receive daily email alerts, subscriber notes & personalize your experience. As of around noon CT Sept.
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Sep 10, 2024 | 
spglobal.com | Starr Spencer |Binish Azhar |Janet McGurty
Make Decisions With Conviction For full access to real-time updates, breaking news, analysis, pricing and data visualization subscribe today. Crude Oil | Natural Gas | Refined Products | Upstream Highlights Producers shut in 412,000 b/d of oil output Ports close in Brownsville, Corpus Christi Calcasieu Refining shuts down Lake Charles plant US Gulf Coast drillers were shutting in oil and gas production, and ports were starting to close Sept.
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Aug 29, 2024 | 
spglobal.com | Binish Azhar
Make Decisions With Conviction For full access to real-time updates, breaking news, analysis, pricing and data visualization subscribe today. Refined Products Highlights Chicago refined product market still impacted by July storms ExxonMobil's Joliet ramping back up The US Environmental Protection Agency is extending its emergency fuel waivers in Illinois, Indiana, Michigan, and Wisconsin through Sept.
