When Warren Buffett and Berkshire Hathaway announced they had sold the entirety of a more than $4 billion position in U.S. airlines because of the coronavirus back in early May, the decision was met with thunderous debate and scrutiny.
Learn how America’s largest refinery easily tracks all their data without individual collection labor.
Automated fuel management software can yield cost savings while simultaneously streamlining terminal management through custom reporting. The benefits of these fuel management systems include keeping track of fuel transactions with real-time inventory updates.
Staying ahead in the world of commodity trading can feel like a full-time job. From keeping an eye on competitors to picking the perfect time to make a move, there are a lot of considerations.
DTN Market Analyst Troy Vincent explains how global physical crude’s warning signs could signal softening demand and why market fundamentals will win out over the long term.
Each step of the petroleum industry is examined by defining the primary components that impact economics and then quantifying the costs or revenues that flow from those activities.
On August 26th, DTN Director of Market Insights Dominick Chirichella led a webinar jam-packed with analysis and insight regarding the state of the fuel markets, and what to expect in the months to come. The full recording is available here. In the meantime, here’s a quick recap of the major points.
DTN Market Analyst Troy Vincent explains how the U.S. Energy Information Administration’s Product Supplied can send misleading signals in times of strategic inventory shifts.
-The range of expectations for September U.S. crude exports to China lies between 835,000 bpd and 1.2 million bpd. -Even the high-end estimate is still only roughly 1/3 of the volume needed to put China on track to meet the terms of the deal this year. – While new storage capacity additions will continue to
If there’s one thing that is certain in today’s oil market, it’s that uncertainty is near extremes. But the global fuel market shows signs of stabilizing.
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