WebJun 22, 2024 · Global fuel shortages have boosted refining margins to historic highs, with the key 3-2-1 crack spread nearing $60 a barrel. That has driven big profits for U.S.-based Valero and India-based ... WebJan 31, 2024 · The Amsterdam-Rotterdam-Antwerp refining margin for the Nigerian and Russian-sourced oil types stayed at a profit even when the coronavirus pandemic …
Global oil markets: another tumultuous year lies ahead
WebOct 6, 2024 · According to the Washington Research Council, the refining industry paid a total of $231 million in taxes and $16.6 million in regulatory fees in 2024 for a total of $248 million and an effective tax rate of 12 percent on $2.1 billion in profit. In 2024, the effective tax rate was 14 percent on $2 billion in profit, and in 2024 the effective ... WebFeb 1, 2024 · By Tsvetana Paraskova - Feb 01, 2024, 3:05 AM CST. The biggest U.S. refiners expect refining margins to remain strong this year and into 2024, on the back of … phil kearney massacre
Use and Optimization of Hydrogen at Oil Refineries - Energy
Web2 days ago · The U.S. Environmental Protection Agency (EPA) is proposing amendments to the National Emission Standards for Hazardous Air Pollutants (NESHAP) for the Commercial Sterilization Facilities source category. The EPA is proposing decisions concerning the risk and technology review (RTR), including... Web2 days ago · Both oil and refined products exports are higher, creating a push-pull effect on margins. Valero is well positioned on renewable diesel and ethanol in addition to basic oil refining. WebMar 2, 2024 · The reduced throughput forecast was the result of higher crude oil prices in our April STEO, in response to OPEC production cuts, which reduce refinery margins and lower runs, along with a reduced … phil keating fox news health