USGC Energy Complex Hit Hard By Winter Storm

Capt. John

US Gulf Coast retail bunker prices edged slightly higher Feb. 17, as suppliers in the region deal with harsh winter weather, says an article published in S&P Global.

Power Blackouts

The USGC energy complex has been hit hard by freezing temperatures and power blackouts, putting many refineries offline and supporting higher prices in the face of limited supply.

The March contract for NYMEX ULSD rose 2.33 cents/gal ($7.29/mt) to 183.77 cents/gal, while the April ICE Brent contract rose 95 cents/b...

https://mfame.guru/usgc-energy-complex-hit-hard-by-winter-storm/

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