ESAI ENERGY'S

CLARITY PLATFORM

Services We Provide

ESAI ENERGY'S

PUBLICATIONS APP

DON'T MISS OUT

SIGN UP FOR ESAI ENERGY ALERTS

ESAI ENERGY IN THE NEWS

Rising medium, heavy refiner demand pushing OPEC deal to an end

Oil and Gas Journal:
The rise in medium and heavy refiner demand was already pushing the production-cut agreement among members of the Organization of Petroleum Exporting Countries as well as some non-members towards an end by 2019, ESAI Energy points out in its May Global Crude Oil Outlook. The US request for more crude oil and apparent willingness of Saudi Arabia and Russia to respond provides additional rationale.

Read more

Crude Oil Quality Threatens US Shale

OilVoice:
In its May Global Crude Oil Outlook ESAI Energy points out that the growth in medium and heavy refiner demand was already pushing the OPEC+ deal towards an end by 2019. The U.S. request for more crude oil and Saudi Arabia and Russia’s apparent willingness to respond provides additional rationale. How this “end” is finessed remains to be seen, but clearly the medium and heavy producers of OPEC (besides Venezuela and Iran) will increase production in 2019.

Read more

Russsia’s Refineries Invest to Cut Fuel Oil

ClipperData:
ESAI Energy’s Amrit Naresh is featured in the May 2018 Fuel Oil and Feedstock Trader publication discussing Russia’s Refineries Invest to Cut Fuel Oil, which was based on a presentation given at the Platts Middle Distillate Conference in Antwerp in February 2018.

In July 2011, Russian President Vladimir Putin called the heads of Russia’s leading oil companies to a meeting near St. Petersburg and gave them a choice: increase the secondary processing capacity at your refineries or go bust. Putin had long wanted to improve the value-adding capabilities of Russian industry and see Russia export fewer raw materials and more finished goods, less dirty and more clean fuel.

Read more