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Oil Refinery 

 

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Frank Mezias  - Feodsia Ukraine

Tanker Ship Yard Entrance - Feodosia

 		    

Global Commodities Exchange, LLC  has direct relationship with petroleum refiners to purchase excess inventory and canceled contracts. The price of crude oil is currently on the decline, now is the time to purchase for investment or reserves for future spikes in fuel prices. 
 
Diesel fuel is usually classified as
Seasonal diesel fuel: Type B or Number 2 - the most commonly used diesel fuel.
Light diesel fuels: Type A or Number 1, for special applications.

Recently, diesel fuel has also been classified by sulphur content: ultra low sulphur, low sulphur diesel and regular sulphur diesel.

 




 

 

Petroleum refining break down

Source: Energy Information Administration

Price break down for Diesel


 

U.S. Crude Oil and Petroleum Products Imports from All Countries (Thousand Barrels)

Decade Year-0 Year-1 Year-2 Year-3 Year-4 Year-5 Year-6 Year-7 Year-8 Year-9
  1980's   2,188,420 1,866,358 1,843,744 1,989,935 1,849,508 2,271,582 2,437,359 2,709,140 2,942,099
  1990's 2,926,395 2,783,763 2,886,897 3,146,454 3,283,621 3,224,753 3,469,128 3,708,970 3,908,446 3,961,074
  2000's 4,194,086 4,333,038 4,208,538 4,476,501 4,811,104 5,005,541 5,003,082 4,915,957    

 

Amsterdam-Rotterdam-Antwerp (ARA) Gasoil Spot Price FOB
(Cents per Gallon)
Week Of Mon  Tue  Wed  Thu  Fri 
  2008 Aug-25 to Aug-29 324.82 326.98 333.06 327.38 326.42
  2008 Sep- 1 to Sep- 5   317.14 315.54 310.42 306.90
  2008 Sep- 8 to Sep-12 307.38 295.22 298.50 297.94 300.26
  2008 Sep-15 to Sep-19 284.18 287.22 291.54 290.90 301.06
  2008 Sep-22 to Sep-26 314.26 310.18 312.10 314.90 310.34
           
  2008 Sep-29 to Oct- 3 286.90 303.38 296.26 285.38 277.46
  2008 Oct- 6 to Oct-10 261.06 260.98 261.46 246.74 234.17
  2008 Oct-13 to Oct-17 240.66 235.53 223.29 220.65 220.81
  2008 Oct-20 to Oct-24 231.93 220.81 209.69 214.17 202.49
  2008 Oct-27 to Oct-31 197.77 202.89 208.81 203.29 204.65
           
  2008 Nov- 3 to Nov- 7 203.21 217.61 209.13 198.09 201.05
  2008 Nov-10 to Nov-14 204.97 196.41 185.45 193.53 186.65
  2008 Nov-17 to Nov-21 178.65 174.41      

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Last modified: 04/07/10