Cross-commodity Depth

We track trends in energy commodities from the heaviest to lightest products. Let’s talk coal, oil, fuel oil, distillate, naphtha, gasoline, LPG, LNG and NG.

[Cross-commodity Depth @EnergyFsu]

#Lukoil, #Rosneft, #Surgutneftegaz West Siberia brownfield production is

[Cross-commodity Depth @EnergyFsu]

Russian government agreed to $600/year mineral tax reduction for oil companies to increase investment in the brownfields.
#russianoil #fsuenergy #commoditynews

[Cross-commodity Depth @EnergyFsu]

#Bulgaria will benefit from #turkishstream pipeline. It is constructing a gas pipeline to carry #russiangas to Serbia, and potentially to Hungary, Austria.
#gazprom #fsuenergy #commoditynews

[Cross-commodity Depth @EnergyFsu]

#Rosneft implemented Enhanced Oil Recovery (EOR) technologies at its brownfields. This spiked up #crudeoil production, but that won’t last long. In 2019, production will decline.
#fsuenergy

[Cross-commodity Depth @EnergyFsu]

#Ukraine and #Naftogaz is taking serious steps to cut dependance on Russian gas. Ukraine offered drilling licenses to private sector in hopes to increase domestic production.

#fsuenergy #naturalgas

[Cross-commodity Depth @EnergyFsu]

#Russia produced 10.9 / 11.3 / 11.4 MBPD in 2017 / 2018 / 2019.

#crude #fsuenergy #commoditynews

[Cross-commodity Depth @EnergyFsu]

#Urals crude is trading at premium to Brent as Urals supply tightens.
#commoditynews #crude #balticurals #fsuenergy

[Cross-commodity Depth @EnergyFsu]

2.6 MBPD of #HSFO needs to be desulfirized to meet #IMO2020 specification.
#fsuenergy

[Cross-commodity Depth @EnergyFsu]

The #margin spread between #gasoline and #HSFO has been between $15-25 USD in Europe.
#IMO2020 #fsuenergy

[Cross-commodity Depth @EnergyFsu]

US is hitting record 11.7 MBPD #crude production. Texas and New Mexico are leading the way in the increase.
#commoditynews #crude #fsuenergy

[Cross-commodity Depth @EnergyFsu]

#Coal project lending by US largest banks decreased from $3.3 bln in 2017 to $400 mln to 2018. This indicates a future reduction in coal and petcoke as fuel.
#petcoke #fsuenergy

[Cross-commodity Depth @EnergyFsu]

@PlattsGas @SPGlobalPlatts @a_shiryaevskaya @Bloomberg Novatek LNG is competing with Gazprom pipeline gas and US LNG for Europe.

@NOVATEK_ @Gazprom @GazpromEN #fsuenergy

[Cross-commodity Depth @EnergyFsu]

IMO2020 will reconfigure sour/sweet crude spread.

#crudetrading #commoditynews #crude #imo2020 #fueloil

[Cross-commodity Depth @EnergyFsu]

No US crude to China in past six months

#shaleoil #fsuenergy

[Cross-commodity Depth @EnergyFsu]

Proximity of ME crude to India makes it more economical

#fsuenergy #crude #commoditynews

[Cross-commodity Depth @EnergyFsu]

South Korea is top Asian importer of US crude

#shaleoil #fsuenergy #crude #commoditynews

[Cross-commodity Depth @EnergyFsu]

#Russia is exporting 40 KBPD of jet fuel. Neighbour in Central Asia (#Tajikistan, #Kazakhstan, #Kyrgyzstan, #Uzbekistan) buy it. Jet is also being shipped from St. Peterburg and Ust Luga ports.

#jeffuel #commoditynews #fsuenergy #russianoil

[Cross-commodity Depth @EnergyFsu]

Gazprom sold around 195 bln m3 of gas to Europe in 2018. It produced around 490 bln m3 in 2018.

@GazpromEN @Gazprom #ng #russiangas #fsuenergy

[Cross-commodity Depth @EnergyFsu]

ESPO and Urals blend qualitie may soon have some swings. Russian pipeline operator, #Transneft, has completed a pipeline linking East and West crude flows.

@minenergogov #fsuenergy #russia #russianoil #commoditynews

[Cross-commodity Depth @EnergyFsu]

#Lukoil will spend $1 bln at its Nizniy Novgorod refinery on residue upgrading project.

#fueloil #fsuenergy