Rachel Graham
Oil Markets Editor at Bloomberg News
Oil Markets Editor at Bloomberg News. Opinions are mine, re-tweets not endorsements.
Articles
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1 week ago |
news.bloomberglaw.com | Rachel Graham
A UK ethanol producer that has warned of the risk to its business from tariff-free US imports said it is almost too late to save its output. The facility at Wilton, England faces “imminent closure” following last month’s trade agreement with the US, operator Ensus said in a statement. A production halt would eliminate more than 100 jobs at the plant and affect a supply chain of about 3,000 people locally. “We are at the 11th hour,” Grant Pearson, chairman of Ensus, said in the statement.
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1 week ago |
news.bloombergtax.com | Rachel Graham
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1 week ago |
bloomberg.com | Rachel Graham
(Bloomberg) -- A UK ethanol producer that has warned of the risk to its business from tariff-free US imports said it is almost too late to save its output. The facility at Wilton, England faces “imminent closure” following last month’s trade agreement with the US, operator Ensus said in a statement. A production halt would eliminate more than 100 jobs at the plant and affect a supply chain of about 3,000 people locally.
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1 month ago |
bloomberg.com | Rachel Graham
(Bloomberg) -- The UK’s biggest ethanol producers could be forced to halt production due to increased tariff-free imports of the fuel from the US. “This vital sector is now facing imminent collapse because of the trade deal,” ABF Sugar, part of Associated British Foods Plc. and Ensus, owned by Suedzucker AG unit CropEnergies, said in a joint statement.
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2 months ago |
bloomberg.com | Rachel Graham |Jack Wittels
Heating oil delivered to a home near Frankfurt. (Bloomberg) -- A German online heating oil platform registered record fuel sales on the day that crude prices plunged to a four-year low earlier this month. The Heizoel24 sales platform handled the highest volume on April 9 for any day since it started operations 20 years ago, Managing Director Oliver Klapschus said Wednesday. The volume of heating oil sold that week was six times the normal level, he said.
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Second #chemicals major gives update on assets closures in Europe this week. Dow says in earnings that operations at 2 sites in Germany (including a cracker) are at risk and some UK ops to close. Follows announcement that Total will close a cracker in Antwerp by end of 2027
Valero says it will ``idle, restructure, or cease refining operations'' at Benicia #refinery by the end of April 2026. https://t.co/FHEz4B6Ma0
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