How Wider Brent-WTI Price Spreads Affect U.S. Refining

For refineries on the East Coast, mainly concentrated in the Northeast, getting crude oil supplies can be harder than for other regions. There’s very little crude production in the Northeast, so crude must be shipped by pipeline or barge from other areas. Choosing between domestic and foreign oil is an on-going choice for refineries in […]

Nat Gas News – October 26, 2017

Nat Gas News – October 26, 2017 Note: Due to a change in ICE’s policy regarding the distribution of data, starting November 1st, the Mansfield Natural Gas Newsletter will no longer provide the Physical Spot Natural Gas Price map typically found on page (2) two.  We apologize for any inconvenience that this may cause. The Spot […]

Nat Gas News – October 25, 2017

Nat Gas News – October 25, 2017 Note: Due to a change in ICE’s policy regarding the distribution of data, starting November 1st, the Mansfield Natural Gas Newsletter will no longer provide the Physical Spot Natural Gas Price map typically found on page (2) two.  We apologize for any inconvenience that this may cause. The Spot […]

Today’s Market Trend

Markets got a strong boost yesterday from a bullish API report, which propelled prices higher yesterday afternoon. Crude oil prices gained 58 cents (+1.1%) yesterday, despite a reported stock build. This morning, prices have slowed a bit, but have still held on to much of their gains. Crude closed the day at $52.47, the highest […]

September unplanned global oil supply disruptions fall to lowest level since January 2012

Editor’s Note: Recently, we’ve written extensively on the geopolitical risks impacting oil prices, such as North Korea, Iraq, Venezuela, and Iran. While numerous scenarios are gaining momentum towards significantly affecting oil prices, it’s worth noting that in September the number of actual oil supply disruptions fell to the lowest level since January 2012. That’s mainly […]

Today’s Market Trend

After falling gently across the board yesterday as traders cashed in their profits and exited the market, markets are trending slightly higher today. Crude prices gave up 17 cents (0.3%) yesterday, but have since recouped those small losses to regain their level above $52. Prices this morning are $52.24, a gain of 34 cents (0.7%). […]

California Fuel Tax Hike – Are You Prepared?

California fleets – get ready to pay more for your fuel. Effective November 1, California will be increasing its excise tax on gasoline to 41.7 cents (a 12-cent increase from current levels) and increasing the diesel fuel excise tax to 36 cents (a 20-cent increase from current levels). Additionally, the sales and use tax imposed […]

Nat Gas News – October 24, 2017

Nat Gas News – October 24, 2017 MMLP Announces West Texas LPG System Expansion into the Delaware Basin NASDAQ reported: KILGORE, Texas, Oct. 23, 2017 (GLOBE NEWSWIRE) — Martin Midstream Partners L.P. (NASDAQ:MMLP) announced today that the West Texas LPG Pipeline Limited Partnership joint venture (of which MMLP owns a 20% interest with ONEOK, Inc. […]

Today’s Market Trend

Oil markets are trading flat this morning after seeing mixed pricing results on Friday. Crude oil fell and rose again on Friday, ending the day just 5 cents above their opening price. Today, crude is extending its steady trade, gaining just 15 cents this morning to reach $51.99. Refined products had a much better day on Friday. Diesel […]

Weekend Summary

Have an article worth sharing? Send it to FUELSNews@mansfieldoil.com, and we’ll share it next week in our Weekly Summary segment. US is doing ‘something we’ve never seen before’ with crude – Kloza According to Tom Kloza, head of energy analysis at OPIS, the U.S. is increasing oil exports with unprecedented speed, and is unlikely to […]

Market Condition Report - Disclaimer
The information contained herein is derived from sources believed to be reliable; however, this information is not guaranteed as to its accuracy or completeness. Furthermore, no responsibility is assumed for use of this material and no express or implied warranties or guarantees are made. This material and any view or comment expressed herein are provided for informational purposes only and should not be construed in any way as an inducement or recommendation to buy or sell products, commodity futures or options contracts.

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