Analysis of Octane Costs

(Wed, 28 Nov 2018) The U.S Energy Information Administration (EIA) commissioned a two-phase study to examine the possible changes in U.S. refinery operations that might be causing the increasing price differential between premium gasoline and regular retail gasoline prices since 2010.

Japan has restarted five nuclear power reactors in 2018

(Wed, 28 Nov 2018) Shikoku Electric Power Co. restarted the 890 megawatt (MW) Ikata-3 reactor in Japan’s Ehime Prefecture at the end of October, the fifth nuclear reactor in Japan to be restarted in 2018. Japan had suspended its nuclear fleet in 2013 for mandatory safety checks and upgrades following the 2011 Fukushima accident, and before 2018 only four reactors had been restarted.

High gasoline inventories help drive U.S. refining margins to five-year lows

(Tue, 27 Nov 2018) Flattening year-over-year growth in gasoline demand in the United States, combined with high levels of refinery output, have contributed to low or negative motor gasoline refining margins for refiners along the East and Gulf Coasts. Gasoline refining margins—the difference between the spot price of gasoline and the Brent crude oil spot price—have been on a downward trend since August, and these margins have been at some of their lowest October and November levels in the past five years.

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