Author Erwin Seba, Shivani Tanna, Nicole Jao and Shariq Khan
(Reuters)-Chevron 285,000 barrels a day a day of El Segundo Oil Field Factory in southern California most decreased on Friday after a large fire broke out at a jet fuel production unit, disrupting the supply in the Golden State-insulated power market.
The El Segundo Oil Refinery is the second largest oil refinery in California and the second largest Chevron oil refinery in the US. The object supplies one fifth of all motor vehicles and 40% of the jet fuel consumed in southern California.
On Thursday night, a fire broke out in the Production Department of the object. Injuries were not reported and all the oil refinery staff were not accounted for – e -mail. In a letter, Chevron spokesman Allison Cook. The media reported that Blaze was, though it was still burning early Friday.
It was not immediately clear what caused an explosion at the suburban object of El Segund, which supplies jet fuel at the Los Angeles International Airport (LAX) located directly north of the oil refinery.
What are the possibilities of the California fuel market?
“The effect of LAX is not known at the moment,” said Los Angeles Mayor Karen Bass.
The fire broke out on the Isomax 7 oil refinery, which converts a medium fuel oil to jet fuel, two sources reported.
A reformer and a fluid catalytic cracker were closed, losing more than 100,000 BPD gasoline products, the merchant said by quoting Wood Mackenzie.
On the West Coast, merchants said the effects of gasoline prices have been silenced since Friday morning, as market participants are still appreciating the extent of the recycling factory damage.
US gasoline future transactions increased by approximately 0.3% – $ 1.86 per gallon from 10:53 p.m. EDT, and raw oil prices increased by about 1%.
The fire is unlikely to have a major influence on the wider oil market, with two analysts told Reuters, but California’s gasoline prices may rise because the state fuel market is isolated from other US refining centers in the mid -west and the Gulf coast.
If the supply is influenced, the California market could import fuel imports from Northeast Asia refining in South Korea, Taiwan and Japan, the Asian trade sources said. Northeast Asia has so far to the US West Coast region by 2024. Sent 90,000 barrels a day of jet fuel compared to 112,000 BPD 2024, Kler data showed.
“The region, which was already expected, would be a little tight after the closing of the oil refinery factory after this December, the fire could support basic values in the area and the scramble before closing,” said Stonex analyst Alex Hodes.
The Refiner Phillips 66 terminates its operations at the oil refinery at the Los Angeles region of the BPD Los Angeles to close the end of the year.
The fire ball turned the sky orange
“Chevron Fire Service staff, including emergency situations from El Segund and Manhattan Beach cities, are actively responding to an isolated fire at the Chevron El Segundo Oil Field,” Cook Cook, a Chevron spokesman on Friday.
“All the employees and contractors of oil processing companies were accounted for and there are no injuries.”
Local officials said the nearby residents had not been issued evacuation orders, some of which live in apartment buildings across the street from the oil refinery.
The residents of Manhattan Beach, southwest of the oil refinery, were told to accommodate until 2 o’clock in the morning
Los Angeles residents have posted many Fire videos on the Internet, saying they were stunned by explosion noise. The California University-SAN Diego camera captured a blast video shortly after 9:30 am. PDT (0430 GMT).
The fire, when the fire broke out, turned the sky orange in the western area of Los Angeles, as well as the exacerbation of the safety of the oil refinery, which was excavated for flames.
Safety missiles that emit a high flame burst are used when oil refinery factories cannot normally process hydrocarbons.
In addition to Chevron, State and Federal Security Agencies will investigate a fire after killing the fire, they said.
2022 December An insulated fire at the oil refinery was quickly extinguished. The US has so far 2025. There were several refinery fire incidents.
The total storage capacity of the oil refinery factory is 12.5 million barrels of approximately 150 main tanks. The sources said they were not sure how much jet fuel was currently stored.
(Nicole Jao and Shariq Khan reports in New York, Erwin Seba Houston, Shivani Tanna, Anmol Choubey, Marmay Dey Bey Bengaluuru, Stephanie Kelly London, Trixie Yap Singapore; Susan Fenton, Clarence Fernandez and Mark Potter)