1 comment Friday 06 Jul 2007 | Posted By Ed Aboufadel | Commentary
Friday, July 6, 3:10 PM: NYMEX wholesale prices have been about the same since mid-June, while the two hikes to $3.19 the past two weeks indicates wholesale prices here are running about 15 cents above NYMEX. That’s the dreaded Chicago Summer Premium, which is bad this year as a hangover from the refinery troubles in [...]
0 comments Thursday 05 Jul 2007 | Posted By Patrick | Predictions
The DOE report which was released this morning at 10:30am due to the holiday was a relatively good report.
I will make a few highlights.
Refiners operated at 90% of capacity last week, a bit low, but above the psychologically significant 89.9%.
Gasoline production increased (albeit small) to 9.4 million barrels per day (demand is 9.6 million barrels [...]
Loading ...| Crude Oil Jan 09 | 49.31 | |
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