Global Refining & Petrochemicals

Margins & Economics
Margins & Economics
Margins & Economics
Fuels & Processing
Fuels & Processing

Delek US Acquires 48% Interest In Alon USA

Brentwood, Tenn.-based Delek US Holdings Inc. has entered into a definitive stock purchase agreement with Alon Israel Oil Co. Ltd. to acquire about 33.7 million shares, or around 48% of the outstanding shares, of Alon USA Energy Inc. common stock owned by Alon Israel.

Margins & Economics

Global Oil Demand Outlook Rising: IEA Oil Market Report

The International Energy Agency (IEA) found in its latest monthly “Oil Market Report” that global oil demand for 2015 is now seen rising by 1.1 million barrels per day (MMbbl/d), to a total of 93.6 MMbbl/d, thanks to a “steadily improving global economic backdrop.”

Fuels & Processing
Public Policy
Prices

Iran Oil-Supply Concerns ‘Unduly Bearish’

An historic but tentative agreement between Iran and six global powers may appear bearish for crude oil prices on the surface. In reality, Iran’s re-entry into the market won’t be as consequential or swift as some fear, market observers say.

Fuels & Processing