OIL FUTURES: Crude futures higher on stronger fundamentals, financial incentives
Crude futures rose during European morning trading Feb. 23, as lingering US supply outages, OPEC+…
Global oil demand likely to rebound to pre-COVID levels by end-2021: analysts
Global oil demand is expected to recover to pre-COVID-19 levels of around 100 million b/d…
Global oil demand likely to rebound to pre-COVID levels by end-2021: analysts
Global oil demand is expected to recover to pre-COVID-19 levels of around 100 million b/d…
Yamani, who wielded Saudi Arabia’s muscle as oil minister, left legacy of market activism
Sheikh Ahmed Zaki Yamani, the former long-serving Saudi oil minister who died Feb. 23, helped…
Yamani, who wielded Saudi Arabia’s muscle as oil minister, left legacy of market activism
Sheikh Ahmed Zaki Yamani, the former long-serving Saudi oil minister who died Feb. 23, helped…
Yamani, who wielded Saudi Arabia’s muscle as oil minister, left legacy of market activism
Sheikh Ahmed Zaki Yamani, the former long-serving Saudi oil minister who died Feb. 23, helped…
Yamani, who wielded Saudi Arabia’s muscle as oil minister, left legacy of market activism
Sheikh Ahmed Zaki Yamani, the former long-serving Saudi oil minister who died Feb. 23, helped…
Kazakhstan’s Tengiz output crimped by OPEC+ as pandemic slows expansion
Oil production at Kazakhstan’s flagship Tengiz field fell by 11% in 2020 to 577,000 b/d,…
All Texas ethylene capacity offline on freeze: Westlake CEO
The deep freeze that enveloped the US Gulf Coast took 75% of the 40 million…
All Texas ethylene capacity offline on freeze: Westlake CEO
The deep freeze that enveloped the US Gulf Coast took 75% of the 40 million…
FACTBOX: Three-fourths of US ethylene capacity offline from deep freeze: Westlake CEO
The CEO of Westlake Chemical said Feb. 23 that subfreezing temperatures that enveloped the US…
FACTBOX: Three-fourths of US ethylene capacity offline from deep freeze: Westlake CEO
The CEO of Westlake Chemical said Feb. 23 that subfreezing temperatures that enveloped the US…
FACTBOX: Three-fourths of US ethylene capacity offline from deep freeze: Westlake CEO
The CEO of Westlake Chemical said Feb. 23 that subfreezing temperatures that enveloped the US…
Thailand to complete sugarcane crush two months early in March
Thailand’s sugarcane crushing operations for the October 2020-September 2021 marketing year are expected to end…
Asia MMA CFR China hits 2021 high on feedstock shortage, spike in domestic prices
The Asian Methyl Methacrylate (MMA) CFR China marker hit the highest Feb. 23 since S&P…
Asia MMA CFR China hits 2021 high on feedstock shortage, spike in domestic prices
The Asian Methyl Methacrylate (MMA) CFR China marker hit the highest Feb. 23 since S&P…
Asia MMA CFR China hits 2021 high on feedstock shortage, spike in domestic prices
The Asian Methyl Methacrylate (MMA) CFR China marker hit the highest Feb. 23 since S&P…
Analysis: Gas may come under India’s unified tax regime ahead of gasoline, diesel
India’s aim to bring crude, transport fuels and gas under a unified tax regime has…
Analysis: Gas may come under India’s unified tax regime ahead of gasoline, diesel
India’s aim to bring crude, transport fuels and gas under a unified tax regime has…
FUJAIRAH DATA: Oil products stocks rebound on big gains in heavy, light distillates
Oil products stockpiles at the Port of Fujairah rebounded to a three-week high, with refinery…
UK cobalt-free solid-state battery technology claims major cost efficiencies
UK government-funded tests have concluded successfully on a solid-state battery system that is cobalt-free and…
UK cobalt-free solid-state battery technology claims major cost efficiencies
UK government-funded tests have concluded successfully on a solid-state battery system that is cobalt-free and…
UK cobalt-free solid-state battery technology claims major cost efficiencies
UK government-funded tests have concluded successfully on a solid-state battery system that is cobalt-free and…
Crude higher as market focuses on tightening fundamentals, OPEC+’s next move
Crude futures rose during European morning trading Feb. 24, as the market switched focus from…
Crude higher as market focuses on tightening fundamentals, OPEC+’s next move
Crude futures rose during European morning trading Feb. 24, as the market switched focus from…
European oil demand markers creep higher as COVID-19 infection rates slide
European oil demand markers are showing signs of a gradual recovery, with air traffic and…
European oil demand markers creep higher as COVID-19 infection rates slide
European oil demand markers are showing signs of a gradual recovery, with air traffic and…
CS Brazil cumulative 2020-21 sugar production up 44.3% on year: UNICA
Cumulative sugar production in Center-South Brazil between the start of the 2020-21 season on April…
ExxonMobil sells bulk of UK North Sea assets to fast-growing NEO Energy
ExxonMobil is to sell most of its UK North Sea assets to Norwegian private equity-backed…
US toluene conversion margins improve on paper as benzene, paraxylene strengthen
US toluene conversion margins have improved on paper during the past week on the back…
US toluene conversion margins improve on paper as benzene, paraxylene strengthen
US toluene conversion margins have improved on paper during the past week on the back…
Colombia’s Ecopetrol to triple Permian Basin investment this year to $600 million
Colombia’s state-controlled Ecopetrol plans to triple its investment in the US’ Permian Basin this year…
Mexico’s changes to power rules could hurt competitiveness, ability to meet commitments
Recent electricity sector rule changes in Mexico approved by the lower House of Congress will…
Mexico’s changes to power rules could hurt competitiveness, ability to meet commitments
Recent electricity sector rule changes in Mexico approved by the lower House of Congress will…
FACTBOX: US spot propylene prices plunge from freeze-fueled record high
US spot polymer-grade propylene prices fell sharply from all-time highs Feb. 24 as two of…
FACTBOX: US spot propylene prices plunge from freeze-fueled record high
US spot polymer-grade propylene prices fell sharply from all-time highs Feb. 24 as two of…
FACTBOX: US spot propylene prices plunge from freeze-fueled record high
US spot polymer-grade propylene prices fell sharply from all-time highs Feb. 24 as two of…
FACTBOX: US spot propylene prices plunge from freeze-fueled record high
US spot polymer-grade propylene prices fell sharply from all-time highs Feb. 24 as two of…
Crude oil prices tick higher as optimism over demand recovery overshadows EIA data
0314 GMT: Crude oil futures ticked higher during midmorning trade in Asia Feb. 25 as…
Crude oil prices tick higher as optimism over demand recovery overshadows EIA data
0314 GMT: Crude oil futures ticked higher during midmorning trade in Asia Feb. 25 as…
Analysis: Asia-USWC fixtures stagnate on tepid US air travel demand
Asia’s jet fuel exports to the Americas that showed initial signs of revival during the…
Analysis: Asia-USWC fixtures stagnate on tepid US air travel demand
Asia’s jet fuel exports to the Americas that showed initial signs of revival during the…
Downtrend persists in VLGC rates; fleet expected to see growth in 2021, 2022
LPG freight witnessed sharpest decline in 20 years to more than seven-month lows at $30.5/mt…
Downtrend persists in VLGC rates; fleet expected to see growth in 2021, 2022
LPG freight witnessed sharpest decline in 20 years to more than seven-month lows at $30.5/mt…
Downtrend persists in VLGC rates; fleet expected to see growth in 2021, 2022
LPG freight witnessed sharpest decline in 20 years to more than seven-month lows at $30.5/mt…
REFINERY NEWS ROUNDUP: Maintenance and closures in focus in Asia-Pacific
A number of plants in Asia-Pacific are starting maintenance. Meanwhile refinery closures take center stage….
Benchmark cash Dubai rises; focus remains on Asian buying
Benchmark cash Dubai rallied at the Asia close Feb. 25, with attention shifting to Asian…
ADNOC buys 6 VLCCs to support trading business, oil capacity ramp-up
Abu Dhabi National Oil Co. has purchased six Very Large Crude Carriers as the UAE’s…
ADNOC buys 6 VLCCs to support trading business, oil capacity ramp-up
Abu Dhabi National Oil Co. has purchased six Very Large Crude Carriers as the UAE’s…
Europe steel demand recovery outpaces production growth, upholds prices
After a rocky 2020 as COVID-19 hit both supply and demand, European steel mills see…
FEATURE: Shippers weigh contract negotiation strategies after year of failed deals, record-high spot rates
After a year of soaring container rates and plunging availability, shippers are now trying to…
Nigeria losing 200,000 b/d to crude oil theft as sabotage grows: NNPC
Nigeria is losing an average of 200,000 b/d of its crude oil production to theft,…
Nigeria losing 200,000 b/d to crude oil theft as sabotage grows: NNPC
Nigeria is losing an average of 200,000 b/d of its crude oil production to theft,…
German flat steel stocks fall again in January, still at 33-year low: BDS
German flat steel stocks dropped further in January, continuing a 33-year low, while long steel…
German flat steel stocks fall again in January, still at 33-year low: BDS
German flat steel stocks dropped further in January, continuing a 33-year low, while long steel…
US Senate confirms clean energy advocate Granholm to head Energy Department
The US Senate voted Feb. 25 to confirm Jennifer Granholm as Secretary of Energy, making…
OIL FUTURES: Crude settles mixed as vaccine rally searches for new drivers
Crude oil futures settled mixed as the market searched for fresh drivers despite increasingly bullish…
Brazil Center-South hydrous ethanol in parabolic price phase
S&P Global Platts assessed Center-South Brazil hydrous ethanol at a record Real 3,350/cu m on…
Pembina ‘sadly’ can no longer predict when Jordan Cove LNG will be built in US
Canada’s Pembina can no longer predict when it will be able to build its proposed…
Pembina ‘sadly’ can no longer predict when Jordan Cove LNG will be built in US
Canada’s Pembina can no longer predict when it will be able to build its proposed…
Post-freeze petrochemical restart efforts continue on US Gulf Coast
US Gulf Coast petrochemical producers continued efforts Feb. 25 to assess damage from sustained sub-freezing…
CMA CGM to launch first LNG-powered container ships to US West Coast by end-2021
French container shipping firm CMA CGM will launch the first LNG-powered ships on trans-Pacific trade…
Asia paraxylene price hits 21-month high on tight supply
The Asian paraxylene price hit a 21-month high at $895.83/mt CFR Taiwan/China Feb. 25 on…
Asia paraxylene price hits 21-month high on tight supply
The Asian paraxylene price hit a 21-month high at $895.83/mt CFR Taiwan/China Feb. 25 on…
Itochu, Air Liquide eye world’s largest scale hydrogen plant in Chubu, Japan
Japan’s Itochu said Feb. 26 it was considering building the world’s largest scale liquefied hydrogen…
Itochu, Air Liquide eye world’s largest scale hydrogen plant in Chubu, Japan
Japan’s Itochu said Feb. 26 it was considering building the world’s largest scale liquefied hydrogen…
Itochu, Air Liquide eye world’s largest scale hydrogen plant in Chubu, Japan
Japan’s Itochu said Feb. 26 it was considering building the world’s largest scale liquefied hydrogen…
Itochu, Air Liquide eye world’s largest scale hydrogen plant in Chubu, Japan
Japan’s Itochu said Feb. 26 it was considering building the world’s largest scale liquefied hydrogen…
Severe cold spells bolster Japan’s heating oil, power fuel demand in Jan
The severe cold spells in Japan boosted domestic heating oil consumption and kerosene imports in…
REFINERY NEWS ROUNDUP: China’s Zhejiang to raise capacity by 2025; Japan’s runs down on earthquake
China’s Zhejiang province in the eastern coast aims to have 90 million mt/year refining capacity…
REFINERY NEWS ROUNDUP: China’s Zhejiang to raise capacity by 2025; Japan’s runs down on earthquake
China’s Zhejiang province in the eastern coast aims to have 90 million mt/year refining capacity…
INTERVIEW: Italy’s Saipem eyes long-term presence in African LNG
Italian engineering giant Saipem hopes to play a long-term role in the development of sub-Saharan…
INTERVIEW: Italy’s Saipem eyes long-term presence in African LNG
Italian engineering giant Saipem hopes to play a long-term role in the development of sub-Saharan…
OIL FUTURES: Crude falls as dollar rallies, OPEC+ spare capacity looms
Crude futures fell in morning trading in Europe on Feb. 26, on a strong rebound…
Egypt hails Damietta LNG return, but short-term impact likely muted
The loading of an LNG cargo at Egypt’s 5 million mt/year Damietta LNG plant on…
Evraz plans $1 billion capex aimed at expanding steel beams and rail output
• Development capex also to focus on wheels • Evraz projects CO2 emissions plunge of…
Texas, Midwest refiners thaw out their plants after polar vortex
US refiners are restarting their plants after the recent deep freeze stretching from the Texas…
Texas, Midwest refiners thaw out their plants after polar vortex
US refiners are restarting their plants after the recent deep freeze stretching from the Texas…
Pembina’s Peace Pipeline expansions pick up steam after Keystone XL cancellation
Pembina Pipeline Feb. 26 said it aims to move forward soon with the Phase VIII…
Pembina’s Peace Pipeline expansions pick up steam after Keystone XL cancellation
Pembina Pipeline Feb. 26 said it aims to move forward soon with the Phase VIII…
Vale set to regain previous iron ore pellets output in 2022 after mine ramp ups
Brazil’s Vale expects to increase its iron ore pellets production “slightly” in 2021 following 2020’s…
Vale set to regain previous iron ore pellets output in 2022 after mine ramp ups
Brazil’s Vale expects to increase its iron ore pellets production “slightly” in 2021 following 2020’s…
Vale set to regain previous iron ore pellets output in 2022 after mine ramp ups
Brazil’s Vale expects to increase its iron ore pellets production “slightly” in 2021 following 2020’s…
FACTBOX: Petrochemical restart efforts continue post-freeze
US Gulf Coast petrochemical producers were working to restart facilities that shut when a deep…
FACTBOX: Petrochemical restart efforts continue post-freeze
US Gulf Coast petrochemical producers were working to restart facilities that shut when a deep…
FACTBOX: Petrochemical restart efforts continue post-freeze
US Gulf Coast petrochemical producers were working to restart facilities that shut when a deep…
FACTBOX: Petrochemical restart efforts continue post-freeze
US Gulf Coast petrochemical producers were working to restart facilities that shut when a deep…
FACTBOX: Petrochemical restart efforts continue post-freeze
US Gulf Coast petrochemical producers were working to restart facilities that shut when a deep…
FACTBOX: Petrochemical restart efforts continue post-freeze
US Gulf Coast petrochemical producers were working to restart facilities that shut when a deep…
FACTBOX: Petrochemical restart efforts continue post-freeze
US Gulf Coast petrochemical producers were working to restart facilities that shut when a deep…
FACTBOX: Petrochemical restart efforts continue post-freeze
US Gulf Coast petrochemical producers were working to restart facilities that shut when a deep…
FACTBOX: Petrochemical restart efforts continue post-freeze
US Gulf Coast petrochemical producers were working to restart facilities that shut when a deep…
FACTBOX: Petrochemical restart efforts continue post-freeze
US Gulf Coast petrochemical producers were working to restart facilities that shut when a deep…
FACTBOX: Petrochemical restart efforts continue post-freeze
US Gulf Coast petrochemical producers were working to restart facilities that shut when a deep…
FACTBOX: Petrochemical restart efforts continue post-freeze
US Gulf Coast petrochemical producers were working to restart facilities that shut when a deep…
FACTBOX: Petrochemical restart efforts continue post-freeze
US Gulf Coast petrochemical producers were working to restart facilities that shut when a deep…
FACTBOX: Petrochemical restart efforts continue post-freeze
US Gulf Coast petrochemical producers were working to restart facilities that shut when a deep…
FACTBOX: Petrochemical restart efforts continue post-freeze
US Gulf Coast petrochemical producers were working to restart facilities that shut when a deep…
FACTBOX: Petrochemical restart efforts continue post-freeze
US Gulf Coast petrochemical producers were working to restart facilities that shut when a deep…
FACTBOX: Petrochemical restart efforts continue post-freeze
US Gulf Coast petrochemical producers were working to restart facilities that shut when a deep…