Blog

The latest news and updates from Imubit.

Economic Engineering Update | September 2021

Economic Engineering Update | September 2021

With tight natural gas supplies globally, expect to see energy and carbon optimization become more significant in plant optimization After taking a month’s holiday from the blog, we are back this month with what has probably been the biggest change in the market –...

Economic Engineering Update | September 2021

Economic Engineering Update | July 2021

Energy Transition accelerated in EU and USA by Covid-19 resulting in peak Mogas demand, other regions to keep oil demand growing for some time In this month’s economic engineering update, we zoom out for a look at the global supply and demand environment for oil,...

Economic Engineering Update | September 2021

Economic Engineering Update | June 2021

US Refiners See High Crack Spreads, but Renewable Fuel Credits Eat into Actual Profits Recently we have seen some buzz about refining crack spreads being at favorable levels. While this appears to be true on the surface, a key component of understanding actual...

Economic Engineering Update | September 2021

Economic Engineering Update | April 2021

Fuels demand projected to increase, although less than 2019 The US Government’s Energy Information Administration (EIA) released their take on how gasoline and diesel demand might recover in their Short Term Energy Outlook (STEO) this week. The forecast shows that...

Economic Engineering Update | September 2021

Economic Engineering Update | March 2021

Vaxications, a Texas Deep Freeze, and Summer Driving Season – finally a booster shot for refining margins? Last time I wrote (January of this year) we were in the midst of the second wave of Covid-19 in many places around the world and things were not looking so great...

Economic Engineering Update | September 2021

Economic Engineering Update | January 2021

With higher refined product prices, conversion margins improve Despite a new and more severe wave of Covid-19 and its restrictions, product prices and demand have been surprisingly resilient. We have seen diesel and gasoline cracks hold up nicely over the last few...

Economic Engineering Update | September 2021

Economic Engineering Update | December 2020

Distillate production back in favor, but will it reverse again before the winter is over? As you may recall, I wrote about distillate pricing relative to gasoline (a large determinant of refining operating strategy) a couple months back. At that time, we had finally...

Economic Engineering Update | November 2020

Economic Engineering Update | October 2020

US Distillates Market begins to feel the pinch Since the pandemic started and we saw Jet demand drop to levels unseen in many years, I have postulated that distillates will go long in a significant and difficult to deal with way in the US. This is due to the need to...