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Parkland has temporarily shut down its Burnaby refinery after running into an unspecified issue while trying to restart the facility after a recent bout of cold weather.
Oil prices were climbing on Friday morning as the risk of a U.S. default vanished and the oil market prepares for this weekend's OPEC+ meeting.
Japan: Refinery Shutdown may Impact Bunker Supply by Ship & Bunker News Team Thursday February 18, 2021 Refinery ops: quake impact. File Image Pixabay. The recent earthquake in northeast Japan has interrupted refinery operations which could impact the supply of bunker fuel. According to commodity price reporting agency Argus Media, some crude distillation units as well as secondary facilities at plants have been affected. "Bunker fuel supplies are not affected by the disruptions so far, but their availability may tighten with falling inventories," according to the report. Some of the ...
People are taking away from this. there are always terrible economies that have a real likely impact that could drag down the u.s. economy. if you look at oil prices today, the only silver lining is that oil prices have been dragged down by these concerned about what's happening on the economy. looks like oil prices are below $90 a barrel. that's great news for everybody unless you're in california. t it's the refinery shutdown. 4.65 is what californians are paying right now. that's a huge concern. governor brown says he's going to be releasing some of these restriks so they can start mixing i...