Crude oil
Update: U.S. crude oil inventories rise as refining activity dips
U.S. crude oil inventories rose last week as refinery utilization rates fell amid weakening fuel demand.
U.S. crude oil and gasoline inventories rise, distillates fall
U.S. crude oil and gasoline inventories rose while distillates fell last week, the U.S. Energy Information Administration (EIA) said on Wednesday.
Mexico's Pemex posts drop in oil production as Lopez Obrador exits
Crude output by Pemex fell in August as Mexico's national oil company failed to reduce fuel imports in line with company targets, while overall falling well short of the lofty energy trade goals of the country's outgoing president.
South Korea's S-Oil shuts a crude unit for scheduled overhaul
South Korea's S-Oil has shut the No. 1 crude distillation unit (CDU) and some refining units at its Onsan refinery for a scheduled overhaul this week.
Oil refiner Cnergyico buys Pakistan's first Black Sea CPC Blend
Pakistan's biggest oil refiner Cnergyico said it has recently bought Black Sea CPC Blend, marking the country's first import of this grade.
About 29% of U.S. crude production shut in Gulf of Mexico due to Hurricane Helene
About 29% of U.S. crude production and 17% of natural gas output in the U.S. Gulf of Mexico were shut in response to Hurricane Helene.
Russian ESPO Blend oil jumps to premium on higher demand from Chinese refiners
Russia's Far East ESPO Blend oil grade has firmed to premium against the Brent benchmark on delivery basis for the first time since November 2023 on higher demand from Chinese refiners cooling India's buying.
Russia's Novatek launches new condensate unit at Ust-Luga complex
Russian energy company Novatek has launched the new processing unit at its gas condensate complex at the Baltic Sea port of Ust-Luga in the last third of the August.
China's new Yulong refinery runs crude unit at 60%–70%
China's latest greenfield refinery, Shandong Yulong Petrochemical, is running one of its two crude units at 60%–70%, as local government announced its official startup on Wednesday.
Thermal decomposition of particulate mercury sulfides in petroleum—Part 1
Traces of particulate mercury sulfide (HgS) in stabilized crude oils transform to elemental mercury below 400°C in refinery distillation units. The authors evaluated this transformation and measured reaction rates and activation energies in crude oil and Hg-spiked mineral oil, using glass vessels at atmospheric pressure and a microunit at 1,000 psig.
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