Oil largely shrugged off the larger-than-expected builds in petroleum product supplies for the week ended Dec. 31 amid a “growing market consensus that the latest wave of COVID and accompanying decline in demand will be short-lived.”
The retail sector of fuel prices is obviously the most visible to the public – it’s displayed prominently along the street in giant neon numbers for everyone to see. There are even flyers and coupons delivered to advertise gas prices in some countries. But what about wholesale fuel? What is the difference between wholesale fuel and retail fuel?
Shifting consumer behavior and supply chain hold-ups are both affecting refined fuels demand. Read our analysis for details.
The difference between upstream oil production and downstream refined fuels delivery is important. If your company is only concerned with downstream operations, do you need to understand the entire supply chain fully? Yes! You know that your processes do not exist in a vacuum. The actions in upstream oil and gas ripple throughout the industry and affect downstream refined fuel production.
Learn how Texican Horizon Energy Marketing uses these insights to optimize customer interactions.
Actual temperature of fuel matters. Why? It could cost you more than you realize. Get your FREE sample report to see how you’ll benefit from TCI.
In the volatile, fast-paced U.K. fuel markets, managing risk is key. Our new blog focuses on three challenges suppliers face and how they can keep their focus, overcome common challenges, and drive stronger operations.
When it comes to the average consumer, the market price of a barrel of crude oil is no more than a vague indication of rising or falling gas prices. But for those who are involved in the oil and gas industry, oil prices have great significance: they directly impact our bottom lines.
Learn how fuel traders and buyers are leveraging APIs to create business efficiencies and increase revenue by reducing the friction within their internal processes and workflows.
In a competitive industry like oil and gas, understanding the impact even seemingly minor factors have on your profits is crucial. Incorporating advancements into your business operations to counter the effects of these factors is essential. In addition to dynamic pricing, advanced analytics, and market trends, something else can be easily overlooked but can make a substantial difference in profits: gross vs. net temperature.
Comprehensive weather insights help safeguard your operations and drive confident decisions to make everyday mining operations as safe and efficient as possible.
Learn how to optimize operations with credible weather and environmental intelligence. From aviation safety to environmental compliance, our comprehensive suite of solutions delivers real-time insights, advanced forecasting, and precise monitoring capabilities.