Refiners’ profits down… WSJ – Commodity Research Group

May 4, 2016 by Jim Colburn Leave a Comment

Here’s the picture:

“Many analysts expect demand will come roaring back when U.S. drivers emerge from winter malaise and take to the road for summer trips. Refiners say they are already seeing signs of a coming strong driving season. The U.S. Energy Information Administration has predicted domestic gasoline demand will grow 1.4% this year after rising 2.7% last year.”

The EIA’s four week average of a measure of gasoline demand (called “products supplied”) is up 5.6% compared with last year… (http://ir.eia.gov/wpsr/overview.pdf)

Commodity Research Group (CRG), founded by veteran analyst Edward Meir, is an independent research consultancy specializing in base and precious metals, as well energy products. The Group provides research and general price analysis for these markets, along with advice to companies seeking to construct commodity hedging strategies.

Our associates bring decades of experience to the table, as they seek to help our clients understand the markets. CRG will distill the myriad of pricing variables mentioned above into coherent research that is to-the-point and tailored to a clients hedging or pricing needs. In addition, CRG is available for consulting assignments and speaking engagements. CRG does not manage money or trade for itself.

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