Fuel oil arbitrage
The output of the plant will be 4.6 million gallons of diesel fuel, which is roughly 650,000 MMBTU. Therefore, for every BTU of input gas, you get 0.65 BTU of diesel output, which means the plant operates at 65% efficiency. Next you approach a small producer of natural gas, who owns some small gas fields. • Arbitrage economics – medium sour Mars trading at -3 USD and WTI Midland at -2 USD per barrel on a CFR North Asia basis – is the main cause of the export upswing, with decreasing freight rates contributing, too. • The Platts WTI-Murban CFR Northeast Asia spread has widened some 60 cents to 0.7-0.8 USD per barrel Over the same timeframe the January to March cross arb (January fuel oil in NW Europe versus March fuel oil in Singapore) has narrowed just $0.25 to $20.50 per ton. In this way, the arb economics have seen an improvement of $4.25 per ton over the past month. Bloomberg) — ARA stockpiles of fuel oil gained to a five-month high in the past week on a lack of large shipments to Asia due to weak arbitrage economics, according to Insights Global. * Fuel oil stockpiles highest since Jan. 24 ** No VLCCs shipments loaded for Asia from ARA in past week because the arbitrage is shut, Lars van Wagenignen, operations SINGAPORE: The second-month East-West (EW) arbitrage spread was trading at a near two-year high on Wednesday as expectations of tightening fuel oil supplies in Asia continued to feed bullish sentiment
Freepoint invests in and owns strategic oil infrastructure and logistic assets that are efficiencies, risk mitigation and flexibility to capitalize on global arbitrage. Freepoint General Terms and Conditions for the Sale of Marine Fuels, April 1,
is ownership of oil and gas fields and mines. generate more physical arbitrage opportunities by lowering including crude, fuel oil, clean refined products,. introduced in 2003). We describe the domestic fuel price series in light of variation in world prices for sugar and crude oil and swings in the country's exchange 5 Mar 2012 the lookout for arbitrage opportunities, so when I showed him the below chart, which depicts the $/BTU spread between natural gas and oil, 2 Dec 2019 IMO 2020 redefines oil market dynamics Marine Organisation (IMO) 2020 shipping fuel regulation has triggered a shift in oil market (BFOE), Dubai and WTI across the globe, both exacerbating and limiting arbitrage plays. 22 Oct 2019 Limetree Bay will also provide marine fuel oil compliant with new regulations set to take effect globally January 1 under the International 11 Dec 2012 The biggest investment opportunity here, according to Citi: "gas on oil arbitrage." Bond calls the trade "one of the great arbitrage opportunities 10 Sep 2019 Pricing in very low sulfur fuel oil — International Maritime Organisation VLCCS [with fuel oil] for arbitrage may change while the importance of
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• Arbitrage economics – medium sour Mars trading at -3 USD and WTI Midland at -2 USD per barrel on a CFR North Asia basis – is the main cause of the export upswing, with decreasing freight rates contributing, too. • The Platts WTI-Murban CFR Northeast Asia spread has widened some 60 cents to 0.7-0.8 USD per barrel Over the same timeframe the January to March cross arb (January fuel oil in NW Europe versus March fuel oil in Singapore) has narrowed just $0.25 to $20.50 per ton. In this way, the arb economics have seen an improvement of $4.25 per ton over the past month. Bloomberg) — ARA stockpiles of fuel oil gained to a five-month high in the past week on a lack of large shipments to Asia due to weak arbitrage economics, according to Insights Global. * Fuel oil stockpiles highest since Jan. 24 ** No VLCCs shipments loaded for Asia from ARA in past week because the arbitrage is shut, Lars van Wagenignen, operations
Let's assume that when November '15 arrives that the then prompt ICE crude oil futures contract is trading at $75/BBL. For sake of simplicity, let's assume that you sell the crude you have been holding in storage for $75/BBL. On the physical trade, excluding your storage costs, you have a gain of $25/BBL.
introduced in 2003). We describe the domestic fuel price series in light of variation in world prices for sugar and crude oil and swings in the country's exchange 5 Mar 2012 the lookout for arbitrage opportunities, so when I showed him the below chart, which depicts the $/BTU spread between natural gas and oil, 2 Dec 2019 IMO 2020 redefines oil market dynamics Marine Organisation (IMO) 2020 shipping fuel regulation has triggered a shift in oil market (BFOE), Dubai and WTI across the globe, both exacerbating and limiting arbitrage plays. 22 Oct 2019 Limetree Bay will also provide marine fuel oil compliant with new regulations set to take effect globally January 1 under the International
13 May 2016 There is a very large divergence between oil prices and natural gas prices on a per-BTU level. That divergence does not seem to have any
They hedge price exposure using exchange-traded contracts and over-the- counter instruments. Arbitrage. Commodity trading firms are all essentially in the 20 Feb 2020 Softer fuel oil demand in Asia has shut any LSFO arbitrage for US Gulf coast refiners looking to profit overseas as domestic market activity 24 Feb 2020 'Very low sulphur fuel oil is looking cheap in Europe and, like any other product out there that's cheap in Europe, arbitrage opportunities open up,'
Have been oil trading clean products, heavy fuel oil, and refinery feedstock products for over 25 years. Have trading operations experience and have managed Because of the remaining oil-indexation contracts, traders try to arbitrage between spot and contract gas insofar this is possible given the minimum take Freepoint invests in and owns strategic oil infrastructure and logistic assets that are efficiencies, risk mitigation and flexibility to capitalize on global arbitrage. Freepoint General Terms and Conditions for the Sale of Marine Fuels, April 1,