Refining Community Logo

RE: Refinery processing HFO loss may jump highest 2 years

Home Forums Coking News: DCU, Upgrader 1.Coker (registered users only) Refinery processing HFO loss may jump highest 2 years RE: Refinery processing HFO loss may jump highest 2 years

#5324

Charles Randall
Participant

This HFO glut will be good for coker margins but probably not for price fuel coke!
 
If cokers crank up then the fuel coke is going pile up –  since market demand has been low but balanced by low refinery/coker utilizations & shutdowns.
 
So might want clear off some storage space since refineries havent had a “sell” problem in several years now & all non-refiner marketer/resellers have been merged down to just few (ie less competition & few left).
 
 

Refining Community