friday march 3, 2017 - bloomberg.com · friday march 3, 2017 march 3, 2017 global refinery outages,...
TRANSCRIPT
Friday
March 3, 2017
March 3, 2017
Global Refinery Outages, Reported Feb. 24 to March 3
COMPANY LOCATION START ENDPLANNED/
UNPLANNEDNOTES
Phillips 66Westlake, USA
3/2/17 3/11/17 UThe coker shut, according to Genscape.
BP Oil New Zealand Ltd
Whangarei, New Zealand
3/4/17 3/26/17 P
The CDU-1, the associated hydrotreater, hydrodesulphurization and the benzene removal units are scheduled to be shut for around three weeks of planned work, a local media report said, citing a refinery manager.
Phillips 66Wood River, USA
3/1/17 3/30/17 P
The coker is scheduled to be shut for about four weeks of planned maintenance, a person familiar said. The coker has been offline since March 1, Genscape said.
BP PLCFerndale, USA
3/2/17 3/16/17 P
A chemical treater is scheduled to be shut for several weeks of maintenance, people familiar with operations said.
Kuwait National Petroleum Co KSC
Mina Abdullah, Kuwait
1/23/17 3/1/17 P
A 38-day maintenance, which involved the shutdown of all units, completed, the Kuna news agency said, citing KNPC's deputy CEO.
TonenGeneral Sekiyu KK
Chiba, Japan 3/1/17 4/11/17 P
The company shut Chiba refinery’s sole crude distillation unit with 152k b/d of capacity on March 1 for planned maintenance.
Rosneft Oil Co PJSC
Syzran, Russia
2/18/17 3/18/17 P The thermal cracker halted.
Rosneft Oil Co PJSC
Syzran, Russia
2/18/17 3/5/17 P The cat cracker halted.
Rosneft Oil Co PJSC
Saratov, Russia
2/17/17 2/24/17 UThe cat reformer had an unplanned outage.
Repsol SA Bilbao, Spain 2/27/17 2/27/17 UThe visbreaker restarted after 7 p.m. GMT after an approximate five-hour shutdown, Genscape said.
Valero Energy Corp
Houston, USA
2/26/17 3/1/17 UThe VDU restarted, according to Genscape.
Exxon Mobil Corp
Augusta, Italy
2/27/17 3/3/17 U The FCC shut, Genscape said.
Exxon Mobil Corp
Augusta, Italy
2/1/17 3/26/17 UThe 70k b/d VDU went offline, Genscape said.
TOTAL SA NA, Belgium 2/27/17 3/1/17 UOne train of the residual hydrotreater restarted, Genscape said.
Phillips 66
South Killingholme, United Kingdom
2/23/17 4/3/17 PPlanned work is underway at Humber, the company said, declining to elaborate on units or timeframe.
continued on next page
Worldwide Global Crude Weekly Changes, Page 3
Global Product Prices, Page 4
U.S. East & Gulf Coast Crude and Product Prices, Page 5
U.S. Cash Product Markets Versus the NYMEX, Pages 6 - 7
U.S. West Coast Cash Products Overview, Page 8
Dirty & Clean Tanker Route Assessments, Page 9
World Spot Bunker Prices, Page 10
BioFuels and LPG Prices (Propane, Butane, Naphtha), Page 11
Canadian Terminal Racks, Bulk and Retail Prices, Page 12
Canadian Unbranded Rack Prices,Pages 13 - 14
U.S. Racks, PADD 1, Pages 15 - 16
U.S. Racks, PADD 2, Page 17
U.S. Racks, PADD 3, Page 18
U.S. Racks, PADD 5, Page 19
Inside
Oil Buyers Guide Weekly 2 March 3, 2017
COMPANY LOCATION START ENDPLANNED/
UNPLANNEDNOTES
Saras SpA Sarroch, Italy 3/1/17 3/15/17 PPlanned work is scheduled on the T1 crude unit, visbreaker, 2 desulfurization units in the first quarter, the company said.
Flint Hills Resources LLC
Corpus Christi, USA
2/25/17 2/26/17 U The CDU and VDU briefly shut, according to Genscape.
Imperial Oil Ltd
Sarnia, Canada
2/23/17 3/2/17 UThe FCC restarted, according to Genscape on March 2. The crude section and fluid coker restarted Feb. 28, Genscape said.
Repsol SAPuertollano, Spain
3/1/17 3/15/17 P A short stoppage is planned in March, the CEO said.
JX Nippon Oil & Energy Corp
Yokohama, Japan
2/20/17 3/3/17 UThe company expects the FCCs at two refineries, which were shut in February due to a malfunction, to resume operations by March 3.
Chevron Corp
Pascagoula, USA
2/21/17 3/5/17 UIncreased unit heating observed at the FCC since March 2nd, according to Genscape alert. FCC (86k) shut 2/21: Genscape
TOTAL SA NA, Belgium 2/22/17 2/24/17 U The gasoline hydrotreater was back to normal levels around 9:30 a.m. GMT, Genscape said.
TOTAL SA NA, Belgium 2/18/17 2/25/17 U The FCC was back to normal operating levels around 4 a.m. GMT, Genscape said.
Bashneft PJSC
Bashkiria-Ufa, Russia
1/28/17 2/25/17 U The diesel hydrotreater halted.
Bashneft PJSC
Bashkiria-Ufa, Russia
1/29/17 2/25/17 U The visbreaker halted.
Rosneft Oil Co PJSC
Ryazan, Russia
7/4/16 12/31/17 P The isomerization unit halted.
Moscow Oil Refinery
Moscow, Russia
1/2/17 4/17/17 P The gasoline hydrotreater had a planned halt.
Moscow Oil Refinery
Moscow, Russia
1/2/17 4/17/17 P The cat cracker had a planned halt.
Exxon Mobil Corp
Baton Rouge, USA
1/29/17 3/1/17 P The FCC restarted, according to Genscape.
Valero Energy Corp
Texas City, USA
1/3/17 3/3/17 P The GoHT restarted on March 1, Genscape said.
Marathon Petroleum Corp
Texas City, USA
1/9/17 3/15/17 PThe units are scheduled to begin restarting around the week of March 6, according to people familiar with operations. The CDU, FCC-3, Ultraformers 3 and 4 and the residual hydrotreater shut for maintenance that may last into March, the people said.
PBF Energy Inc
Chalmette, USA
1/23/17 5/17/17 PThe CDU 1 was scheduled to shut at the end of January for a turnaround until March, a person familiar with operations said. As of Feb. 28, the CDU was still down and was expected to be completed this week, the people said.
Agip Petroli SpA
Sannazzaro, Italy
12/1/16 12/31/18 U Work on the EST plant is expected to take up to two years, the company said.
Motiva Enterprises LLC
Convent, USA
8/11/16 3/22/17 UThe H-oil unit is expected to run normally by March 22 following repairs to Train 200, people familiar with operations said. The company didn't respond immediately to a request for comment.
Repsol SA Bilbao, Spain 1/16/17 2/27/17 PThe FCC completed its restart. The 110k b/d CDU, reformer and several other units were scheduled to restart as the turnaround concludes, Genscape said.
Grupa Lotos SA
Gdansk, Poland
3/3/17 4/15/17 P The plant is scheduled to halt until April 15, the company said.
CITGO Petroleum Corp
Lake Charles, USA
2/25/17 3/28/17 P The FCC shut, according to Genscape.
TOTAL SA NA, Belgium 3/19/16 2/27/17 U One of two trains associated with the residual hydrotreater shut, Genscape said.
Phillips 66 Borger, USA 2/23/17 3/24/17 PThe FCC 40 shut on Feb. 24 for scheduled work. The refinery planned to flare gases associated with the work from Feb. 24 to April 12, according to a filing with state regulators.
Global Refinery Outages...continued from previous page
Worldwide Crude Weekly Price Change
Oil Buyers Guide Weekly 3 March 3, 2017
Worldwide Crude Weekly Price Change
Global Products Prices
Oil Buyers Guide Weekly 4 March 3, 2017
Global Products Prices
U.S. East Coast & Gulf Coast Crude and Product Prices
Oil Buyers Guide Weekly 5 March 3, 2017
U.S. East Coast & Gulf Coast Crude and Product Prices
U.S. Cash Products Versus NYMEX
Oil Buyers Guide Weekly 6 March 3, 2017
U.S. Cash Products Versus NYMEX
Continued on next page...
Oil Buyers Guide Weekly 7 March 3, 2017
U.S. Cash Products Versus NYMEX ...Continued from previous page...
West Coast Cash Products Overview
Oil Buyers Guide Weekly 8 March 3, 2017
West Coast Cash Products Overview
Tanker Prices
Oil Buyers Guide Weekly 9 March 3, 2017
Tanker Prices
Bunker Prices
Oil Buyers Guide Weekly 10 March 3, 2017
Bunker Prices
Biofuels & LPG
Oil Buyers Guide Weekly 11 March 3, 2017
Biofuels & LPG
Canadian Pricing
Oil Buyers Guide Weekly 12 March 3, 2017
CANADIAN TERMINAL RACKS
Prices in Canadian cents per liter. Ontario and Quebec prices include carbon charge.
Corner Brook, NFLD Halifax Montreal Toronto Edmonton Vancouver
Bid Ask Bid Ask Bid Ask Bid Ask Bid Ask Bid Ask
Regular Unl 62.50 63.50 56.50 57.50 58.40 59.40 60.30 61.30 58.50 59.50 73.50 74.50
Mid-Grd Unl -- -- 59.55 60.55 63.15 64.15 64.30 65.30 62.50 63.50 79.00 80.00
Premium Unl 66.05 67.05 62.40 63.40 67.90 68.90 68.30 69.30 66.50 67.50 82.50 83.50
E-10 Regular -- -- -- -- 58.40 59.40 60.30 61.30 -- -- -- --
ULS Diesel 68.95 69.95 64.90 65.90 70.90 71.90 70.20 71.20 68.10 69.10 66.80 67.80
ULS Diesel No.1 58.90 59.90 -- 73.40 74.40 73.40 74.40 70.60 71.60 71.30 72.30
No.2 Furnace 67.45 68.45 59.90 60.90 69.40 70.40 69.70 70.70 68.10 69.10 66.80 67.80
Stove 58.90 59.90 69.40 70.40 73.40 74.40 73.90 74.90 70.60 71.60 71.30 72.30
Prices in Canadian dollars per barrel
No.6 0.3% S[LP] -- -- -- -- 80.00 82.00 -- -- -- --
No.6 1.5% S -- -- -- -- 73.00 75.00 74.00 76.00 -- 70.00 72.00
No.6 2.0% S -- -- -- -- 72.00 74.00 73.00 75.00 -- --
No.6 2.5% S -- -- 72.00 74.00 -- -- -- -- -- -- --
Canadian Pricing
CANADIAN RETAIL PUMP PRICES
Prices in Canadian cents per litre
Regular Including Taxes
Reg. Excl. Taxes
Auto Inc. Taxes
Diesel Excl.
St. John's, NFLD 130.90 70.90 124.90 82.90
Charlottetown 105.90 68.90 114.90 75.90
Halifax, NS 103.90 64.90 107.90 73.90
St. John, NB 104.90 65.90 114.90 74.90
Quebec City 105.90 62.90 114.90 74.90
Montreal 109.90 63.90 113.90 74.90
Ottawa 105.90 69.90 107.90 76.90
Toronto 107.90 70.90 108.90 77.90
Winnipeg 96.90 68.90 101.90 78.90
Regina 93.90 64.90 99.90 75.90
Edmonton 96.90 64.90 102.90 75.90
Calgary 99.90 66.90 105.90 78.90
Vancouver 130.90 82.90 117.90 74.90
Canada Avrg. 107.21 68.21 110.52 76.67
CANADIAN TERMINAL BULK PRICES
Bulk Contract Bulk Spot Bulk Export
Montreal Toronto Montreal TorontoSt.
JohnMontreal Toronto
Prices in Canadian cents per liter
Reg. Unl 56.8 58.8 54.7 54.2 51 108.9 108.4
Mid-Grd Unl
61.55 62.8 56.95 56.45 -- -- --
Prem Unl 66.3 66.8 59.2 58.7 -- -- --
-- -- -- -- -- -- --
Prices in Canadian dollars per barrel
No.2 Furnace
67.8 68.2 54.2 53.7 52 117.6 117.1
No.6 1.5% S
71 72 69 70 -- 61 62
No.6 2.0% S
70 71 68 69 -- 60 61
No.6 2.5% S
-- -- -- -- 60 -- --
BRENT TO MONTREAL TRANSPORT COSTS
U.S. dollars per barrel
Brent f.o.b. Sullom Voe 54.74
Freight to Portland 1.81
Insurance & Loss 0.1
Portland to Montreal 0.6
C.i.f. Montreal 57.25
Prices updated 5:00 p.m. March 2, 2017Bid and ask prices are derived from mid-point.
(Editor's Note: The layout of this page has changed to improve readability. The content is the same. Please contact the editors with any questions.)
Canadian Unbranded Rack Prices
Oil Buyers Guide Weekly 13 March 3, 2017
Location Company Reg Unl Mid Unl Prem Unl Ethanol ULS Diesel ULSD No.1 Furnace No. 2 Stove
Prices in Canadian cents per liter as of Friday 10:00 a.m. in New York. Ontario and Quebec prices include carbon charge
Corner Brook NFLD Valero 60.90 64.45 67.65 73.35 66.15 73.35
Saint John, NB Suncor 55.10 57.85 61.10 -- 63.90 -- 56.90 67.90
Prince Edward Island Suncor 56.20 58.95 62.20 -- 64.80 -- 57.80 70.50
Halifax Suncor 54.90 57.65 60.90 -- 63.50 -- 56.50 67.50
Valero 54.90 59.55 60.80 -- 63.60 -- 58.60 68.10
Average 54.90 58.60 60.85 -- 63.55 -- 57.55 67.80
Quebec City Suncor 56.70 61.45 66.20 -- 69.50 72.00 67.00 72.00
Shell 57.40 62.90 68.40 -- 69.60 72.10 68.10 72.10
Valero 56.70 63.25 66.20 -- 69.50 72.00 67.00 72.00
Average 56.93 62.53 66.93 69.53 72.03 67.37 72.03
Montreal Suncor 56.70 61.45 66.20 56.70 69.50 72.00 67.00 72.00
Shell 59.70 62.90 68.40 -- 69.60 72.10 69.60 72.10
Valero -- 63.25 66.20 56.70 69.50 72.00 67.00 72.00
Average 58.20 62.53 66.93 56.70 69.53 72.03 67.87 72.03
Ottawa Shell 58.20 62.95 67.70 -- 68.90 72.40 68.90 72.40
Valero 58.40 -- 66.00 -- 68.50 72.20 68.00 72.20
Average 58.30 62.95 66.85 -- 68.70 72.30 68.45 72.30
Maitland Valero -- -- 66.00 58.00 68.50 72.20 68.00 72.20
Kingston Shell 59.80 64.55 69.30 -- 69.40 72.90 -- 72.90
Belleville Shell 59.50 63.50 67.50 -- 69.70 73.20 -- 73.20
Toronto Suncor 58.60 -- 66.60 58.60 68.30 72.00 67.80 72.00
Shell 58.80 62.80 66.80 58.80 68.70 72.40 67.20 72.40
Valero 59.00 61.20 66.60 58.60 68.30 72.00 67.80 72.00
Average 58.80 62.00 66.67 58.67 68.43 72.13 67.60 72.13
Hamilton Shell 58.80 62.80 66.80 -- 68.70 72.40 67.20 72.40
Nanticoke Shell 80.00 83.25 88.00 -- 91.90 95.60 91.40 95.60
London Shell 58.80 62.80 66.80 -- 68.50 72.20 68.50 72.20
Valero 59.20 61.40 66.80 -- 68.30 72.00 67.80 --
Average 59.00 62.10 66.80 -- 68.40 72.10 68.15 72.20
Sarnia Shell 58.80 62.80 66.80 -- 68.20 71.90 68.20 71.90
Valero 58.60 61.40 66.60 -- 67.80 71.70 67.50 --
Average 58.70 62.10 66.70 -- 68.00 71.80 67.85 71.90
Sault St. Marie Shell 62.20 66.20 70.20 -- 73.20 76.90 73.20 76.90
Thunder Bay Shell 66.80 70.80 74.80 -- 74.20 77.40 74.20 77.40
Winnipeg Shell 60.20 64.20 68.20 60.20 68.70 71.20 68.70 71.20
Regina Shell 59.20 63.20 67.20 59.20 66.70 69.20 66.70 69.20
Saskatoon Shell -- 63.60 67.60 -- 67.10 69.60 67.10 69.60
Calgary Shell 60.00 64.00 68.00 -- 69.90 72.40 69.90 72.40
Edmonton Shell 57.60 61.60 65.60 -- 66.70 69.20 66.70 69.20
Kamloops Shell 65.00 69.00 73.00 -- 70.50 73.00 70.20 73.00
Prince George Shell 58.50 62.50 66.50 -- 69.70 72.20 69.70 --
Vancouver Shell 74.00 79.50 83.00 -- 65.40 69.90 65.40 69.90
Barepoint Shell 75.60 81.10 84.60 -- 67.00 -- 67.00 --
Canadian Unbranded Rack Prices
Continued on next page...
Oil Buyers Guide Weekly 14 March 3, 2017
ADDITIONAL PRICES FROM SHELL
USL Diesel Furnace No. 2 USL Diesel Furnace No. 2
QUEBEC ONTARIO
Montreal Toronto
QC Zone 2 70.60 70.60 ON Zone 3 68.70 68.70
QC Zone 9 70.10 70.10 ON Zone 4 68.70 68.70
Ottawa ON Zone 5 68.70 68.70
QC Zone 2 70.50 70.50 ALBERTA
ONTARIO Edmonton
Ottawa AB Zone 3 66.70
ON Zone 3 68.90 68.90
ON Zone 4 68.90 68.90
ON Zone 5 68.90 68.90
Canadian Unbranded Rack Prices...Continued from previous page...
PADD 1
Oil Buyers Guide Weekly 15 March 3, 2017
PADD 1
Continued on next page...
Oil Buyers Guide Weekly 16 March 3, 2017
PADD 1
Continued from previous page...
PADD 2
Oil Buyers Guide Weekly 17 March 3, 2017
PADD 2
PADD 3
Oil Buyers Guide Weekly 18 March 3, 2017
PADD 3
PADD 5
Oil Buyers Guide Weekly 20 March 3, 2017
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