Your English writing platform
Discover LudwigSimilar(60)
Crude oil finished the trading day at $143.57 a barrel, up $2.60 after a mixed inventory report from the U.S. Energy Department showed crude stockpiles fell by 2 million barrels.
Crude oil finished on Friday at $115.20 a barrel, down $4.82.
Benchmark crude finished down 72 cents at $45.59 a barrel on Friday.
Crude finished $4.58 higher at $126.77 a barrel.
US crude finished Wednesday's business down 40 cents at $73.69 a barrel.
(See "Down Go The Automakers").. Crude finished the trading day at $143.57 a barrel, up $2.60, after a mixed inventory report from the Energy Department showed crude stockpiles fell by 2.0 million barrels, while there was a build in gasoline and distillate stocks and refining capacity rose to 89.2%.
Crude oil and heating oil finished the day mostly lower.
Bourland points to analysis by Deutschebank's Adam Siminsky, who posits a growing disconnect between the crude and finished product markets.
Conversion of Fische-Tropsch was into high quality synthetic crude or finished transportation fuels such as premium diesel has been studied over the past 15 years within BP.
The refining sector is absorbing the growing pricing differentials between crude and finished products, leading to plummeting refining utilization rates in the U.S. For example, refining utilization rates fell to 84percentt in the U.S. recently.
Brad Bourland, Chief Economist, and Paul Gamble, Head of Research from Jadwa Investments, one of the newly-established Saudi investment banking houses, are concerned the price feedback loop between crude and finished petroleum products is increasingly tenuous globally.
Write better and faster with AI suggestions while staying true to your unique style.
Since I tried Ludwig back in 2017, I have been constantly using it in both editing and translation. Ever since, I suggest it to my translators at ProSciEditing.

Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com