Oil & Energy Online

Major Blowout Imminent?

There’s a storm brewing on the East Coast!
There’s a storm brewing on the East Coast! As of this writing around January 11, there is a significant storm brewing on the East Coast. I’m not just talking about the current… https://oilandenergyonline.com/articles/all/major-blowout-imminent/

A Return to $100 Crude?

Oil, natural gas and coal prices have risen dramatically across the globe
Oil, natural gas and coal prices have risen dramatically across the globe A global energy crunch caused by weather and rising global demand was getting worse. Energy prices,… https://oilandenergyonline.com/articles/all/return-100-crude/

Is Iran Coming Back to the Table?

The country’s oil output has risen every month since November 2020
The country’s oil output has risen every month since November 2020 The glut in oil stockpiles, which developed as the coronavirus pandemic struck last year, has largely been… https://oilandenergyonline.com/articles/all/iran-coming-back-table/

If You Can’t Beat ‘Em, Blend ‘Em

As costs of compliance rise, oil majors bet big on biofuels
As costs of compliance rise, oil majors bet big on biofuels The price of Renewable Identification Numbers (also known as RINs), which is the compliance mechanism administrated by… https://oilandenergyonline.com/articles/all/if-you-cant-beat-em-blend-em/

The Clean Energy Economy Has Arrived

Don’t get left behind while your competitors reap the benefits
Don’t get left behind while your competitors reap the benefits Over the past 18 months, the liquid heating fuel industry has evolved nearly as much as it did over the prior 18… https://oilandenergyonline.com/articles/all/clean-energy-economy-has-arrived/

The Heating Oil Dealer’s Pricing Program Checklist

How to properly hedge your customer offers this heating season
How to properly hedge your customer offers this heating season Since it’s August and most of you have launched your winter pricing programs, I thought it would be a good time to… https://oilandenergyonline.com/articles/all/heating-oil-dealers-pricing-program-checklist/

Pecking Away at Production Cuts

OPEC+ countries increase output as oil demand rises
OPEC+ countries increase output as oil demand rises On April 1, 2021, OPEC and its allies announced that they would gradually increase their output from May to July. OPEC+ agreed… https://oilandenergyonline.com/articles/all/pecking-away-production-cuts/

Recovery Spells Economic Opportunity for Heating Oil Sellers

As demand returns, RIN spikes blow out ULSD-ULSHO spread
As demand returns, RIN spikes blow out ULSD-ULSHO spread The summer driving season was set to kick off shortly as of this writing in early May, and this summer is shaping up to… https://oilandenergyonline.com/articles/all/recovery-spells-economic-opportunity-heating-oil-sellers/

Locating Lost Opportunity

A smaller than forecasted basis is far more common than the dreaded basis blowout
A smaller than forecasted basis is far more common than the dreaded basis blowout In the commodity space, basis can be defined in a variety of measures. For a refinery, basis is… https://oilandenergyonline.com/articles/all/locating-lost-opportunity/

2021 Hedging Survey

Hedgers consider a year like no other and its implications for tomorrow
Hedgers consider a year like no other and its implications for tomorrow A pandemic, negative crude oil prices, a recession, increased biofuel adoption on the part of oil refiners… https://oilandenergyonline.com/articles/all/2021-hedging-survey/

The Calm After the Storm

As markets normalize, inventories stabilize
As markets normalize, inventories stabilize U.S. distillate stockpiles ended the 2019-2020 heating season well below their five-year average and even weaker than following the… https://oilandenergyonline.com/articles/all/calm-after-storm/

How Vaccine Rollouts Could Affect the Oil Market

As with the global economic recovery, everything hinges on the next few months
As with the global economic recovery, everything hinges on the next few months The past 12 months have revolved around the COVID-19 pandemic, which continues to evolve. Reduced… https://oilandenergyonline.com/articles/all/how-vaccine-rollouts-could-affect-oil-market/

Relative Ease

Strong stock levels could make for smooth sailing this heating season
Strong stock levels could make for smooth sailing this heating season Basis risks were looking relatively high at the start of the heating season last year, with East Coast… https://oilandenergyonline.com/articles/all/relative-ease/

Pricing Outlook for the 2020-2021 Heating Season

What we’re seeing right now and what it could mean moving forward
What we’re seeing right now and what it could mean moving forward With the start of the new heating season, I thought that we should take a look at current events and other… https://oilandenergyonline.com/articles/all/pricing-outlook-2020-2021-heating-season/

Rack to Retail

How to track this important margin more efficiently and effectively
How to track this important margin more efficiently and effectively My company has been managing profitable hedging strategies around fixed and capped programs since 1993. These… https://oilandenergyonline.com/articles/all/rack-retail/

The + in OPEC+

A look at the brief history of cooperation between OPEC and Russia
A look at the brief history of cooperation between OPEC and Russia The OPEC+ record oil output cut agreement has been one of the most important events to influence oil prices… https://oilandenergyonline.com/articles/all/opec/

What Goes Up Must Come Down

Drop in petroleum demand led to rise in crude oil inventories and low refinery utilization
Drop in petroleum demand led to rise in crude oil inventories and low refinery utilization The U.S. Energy Information Administration’s (EIA’s) June 30 edition of Petroleum… https://oilandenergyonline.com/articles/all/what-goes-must-come-down/

A New Benchmark for U.S. Crude

S&P Global Platts launches American GulfCoast Select
S&P Global Platts launches American GulfCoast Select S&P Global Platts, a leading independent provider of information and benchmark prices for the commodities and energy markets,… https://oilandenergyonline.com/articles/all/new-benchmark-us-crude/

Don’t Count Out IMO 2020

The regulations have made — and will continue to make — an impact
The regulations have made — and will continue to make — an impact There was much speculation and discussion about the International Maritime Organization (IMO) 2020 regulations… https://oilandenergyonline.com/articles/all/dont-count-out-imo-2020/

Major Oil Market Crashes in History

A look back at four of the steepest declines from the past 40 years
A look back at four of the steepest declines from the past 40 years The coronavirus pandemic and nationwide lockdowns across the world caused a sharp drop in economic activity,… https://oilandenergyonline.com/articles/all/major-oil-market-crashes-history/