Post Tagged with: "oil refiners"

Source: Reuters

‘Astonishing’: Trump EPA backs down on biofuel waivers in blow to U.S. refiners

Reuters


The Trump administration has decided not to appeal a court ruling that would sharply reduce its use of waivers exempting refineries from the nation’s biofuels regulation, cheering the corn lobby but drawing anger from oil refiners.

The administration had …

March 25, 2020 - 12:00 pm Closing Bell Story‎, Crude Oil News, Energy News, Regulatory
Source: AP

Dilemma for oil refiners as surging ship costs kill margins

Source: Houston Chronicle


Oil refiners hoping for some fourth-quarter gravy are facing disappointment as surging freight rates inflate the cost of buying crude.

U.S. sanctions on Chinese shipping companies and Friday’s attack on an Iranian tanker have turbo-charged transport costs, …

October 15, 2019 - 8:32 am China, Closing Bell Story‎, International