PBF reports flaring at the Torrance refinery (160k BPD)
PBF's report of flaring at the Torrance refinery is a key supply-side disruption that could impact processing capacity and, consequently, the supply of refined products.
US Treasury to sell USD 13bln of 20-year bonds on Jan 21st, to settle Feb 2nd and USD 21bln of 10-year TIPS on Jan 22nd, to settle on Jan 30th
US President Trump, with reference to the 'EU making more fines on US tech than tax from all of public European tech', says "This is very unfair for our Tech Companies, and for the United States of America!"
PBF reports flaring at the Torrance refinery (160k BPD)
Bearcave negative on Aduro Clean Technologies (ADUR)
US Treasury Department announces sanctions against the "architects of the Iranian regime’s brutal crackdown on peaceful demonstrators"
Open the platform and use it. The whole workspace is free to try, with no signup and no card. When you want the headlines arriving live instead of on a delay, Newsquawk Pro is £24.99 for 7 days.
Given that this facility has a substantial capacity of 160k BPD, it may lead to tightening in supply, influencing prices in the energy markets. Traders should monitor potential implications for crude prices and associated refining margins as the situation develops.
Related headlines
- CRUDE WRAP: WTI (V6) SETTLES USD 2.43 LOWER AT 100.05/BBL; BRENT (X6) SETTLES USD 3.02 LOWER AT 104.61/BBL1 day ago
- Russia official will attend G20 energy meeting in Houston next week, WH official says1 day ago
- Baker Hughes Rig Count: Oil +1 at 450, Nat Gas +2 at 132, Total +3 at 591 1 day ago
- Saudi Arabian oil pipeline system hit by projectiles triggering fires, CNN reports, citing sources1 day ago
- Qatar Energy reportedly in talks to replace lost Ras Laffan volumes; is in talks with Venture Global (VG), Cheniere (LNG), Woodside and other US producers for multi-year LNG deals to replace the lost volumes, according to reports2 days ago
- Venezuela's PDVSA reportedly restarts the fluid catalytic cracker at the cardon refinery, reports sources2 days ago
- Spot premiums for Azeri BTC crude oil rose over USD 10/bbl against dated Brent, according to traders2 days ago
- US White House NEC Director Hassett says diesel is a big issue because it is a refined product and it is a major concern for the US right now2 days ago
- UK PM Burnham is to reportedly delay the approval for plans regarding the Jackdaw gas field until after the Holborn and St Pancras by-election, the Telegraph reports2 days ago
- French Finance Minister says there is currently no need to release additional oil reserves2 days ago
- IEA OMR: 2026 world oil demand to fall by 2.5mln BPD (vs prev. forecast of a 1.6mln BPD fall), citing impasse in US-Iran talks on resolving their conflict.2 days ago
- US retail diesel price tops USD 6 per gallon, according to AAA2 days ago
- China's NDRC raises gasoline and diesel prices by CNY 435/t and CNY 420/t respectively, effective September 11th2 days ago
- US Interior Secretary Bergum says every idea is on the table when asked about diesel export controls2 days ago
- US national average diesel price crosses USD 6 a gallon for the first time, according to Gasbuddy2 days ago
- US official says Iranian or suspected Iranian oil on water averaged 110 mln barrels over past week vs 180 mln barrels before war2 days ago
- US SPR draw 1.2mln bbls to 285mln2 days ago
- EIA Expectations: Crude -1.5M, Distillate -0.4M, Gasoline -1.3M2 days ago
- Goldman Sachs has lifted its Q4'26 TTF gas price forecast to EUR 70/MWh 3 days ago
- OPEC MOMR (Sep): 2026 demand trimmed, 2027 demand modestly increased; supply forecasts modestly increased3 days ago
The whole workspace, free to try.
Try it free