US offshore oil and gas drillers started shutting production Wednesday as a tropical storm develops…US offshore oil and gas drillers started shutting production Wednesday as a tropical storm develops… […]Read More
Methanol’s use as a marine fuel was expected to grow ahead of IMO 2020 –…Methanol’s use as a marine fuel was expected to grow ahead of IMO 2020 –… […]Read More
The extension of oil production cuts by OPEC and its partners has not changed the…The extension of oil production cuts by OPEC and its partners has not changed the… […]Read More
The closure of the Philadelphia Energy Solutions refinery has not only stretched the trans-Atlantic gasoline…The closure of the Philadelphia Energy Solutions refinery has not only stretched the trans-Atlantic gasoline… […]Read More
Norwegian-UK joint venture Aker BP said Friday it had made an oil discovery of 80…Norwegian-UK joint venture Aker BP said Friday it had made an oil discovery of 80… […]Read More
About 1.1 million b/d, or 59%, of oil production and 1.4 Bcf/d, or 49%, of…About 1.1 million b/d, or 59%, of oil production and 1.4 Bcf/d, or 49%, of… […]Read More
US mill lead times for hot-rolled coil extended again Wednesday, showing notable gains following domestic…US mill lead times for hot-rolled coil extended again Wednesday, showing notable gains following domestic… […]Read More
S&P Global Platts and Intercontinental Exchange have agreed to extend their technology partnership to bring…S&P Global Platts and Intercontinental Exchange have agreed to extend their technology partnership to bring… […]Read More
A diplomatic row between Iran and the UK involving oil tankers escalated Thursday after a…A diplomatic row between Iran and the UK involving oil tankers escalated Thursday after a… […]Read More
The US orthoxylene contract price for July has fully settled at 43 cents/lb ($948/mt), sources…The US orthoxylene contract price for July has fully settled at 43 cents/lb ($948/mt), sources… […]Read More
Crude oil flows between the US and Canada continued at or near record levels this…Crude oil flows between the US and Canada continued at or near record levels this… […]Read More
US offshore drillers have shut 1 million b/d, or 53%, of Gulf of Mexico oil…US offshore drillers have shut 1 million b/d, or 53%, of Gulf of Mexico oil… […]Read More
The US oil and natural gas rig count dropped by 17 week on week to…The US oil and natural gas rig count dropped by 17 week on week to… […]Read More
US views Chinese imports as weakening ‘maximum pressure’ China importing an estimated 150,000-200,000 b/d of…US views Chinese imports as weakening ‘maximum pressure’ China importing an estimated 150,000-200,000 b/d of… […]Read More
US offshore oil and gas drillers continued to shutter production Thursday as Tropical Storm Barry…US offshore oil and gas drillers continued to shutter production Thursday as Tropical Storm Barry… […]Read More
The World Trade Organization on Thursday said it has terminated disputes brought against the US…The World Trade Organization on Thursday said it has terminated disputes brought against the US… […]Read More
The Port of New Orleans has been closed to incoming traffic and Phillips 66 is…The Port of New Orleans has been closed to incoming traffic and Phillips 66 is… […]Read More
Crude oil futures were higher during mid-morning trade in Asia Friday as market participants were…Crude oil futures were higher during mid-morning trade in Asia Friday as market participants were… […]Read More
Middle East sour crude spreads took a breather Friday morning in Asia as market participants…Middle East sour crude spreads took a breather Friday morning in Asia as market participants… […]Read More
Japan’s largest integrated steelmaker, Nippon Steel will keep its domestic H-beam prices for July contracts…Japan’s largest integrated steelmaker, Nippon Steel will keep its domestic H-beam prices for July contracts… […]Read More
Price declines brought on by mild June temperatures and an updated assessment of US drilling…Price declines brought on by mild June temperatures and an updated assessment of US drilling… […]Read More
Japan’s oil product exports rose 11.2% week on week to 4.87 million barrels over June…Japan’s oil product exports rose 11.2% week on week to 4.87 million barrels over June… […]Read More
Stockpiles of oil products at the Fujairah port in the UAE increased for the first…Stockpiles of oil products at the Fujairah port in the UAE increased for the first… […]Read More
Saudi Arabia’s balancing act of extending the OPEC/non-OPEC output cuts into the first quarter of…Saudi Arabia’s balancing act of extending the OPEC/non-OPEC output cuts into the first quarter of… […]Read More
Improved supply in the US Gulf Coast medium and heavy sour crude market led to…Improved supply in the US Gulf Coast medium and heavy sour crude market led to… […]Read More
US Gulf Coast sour crude benchmark Mars continued to strengthen Wednesday, a day after jumping…US Gulf Coast sour crude benchmark Mars continued to strengthen Wednesday, a day after jumping… […]Read More
The US Energy Information Administration said Tuesday that it expects global oil consumption to average…The US Energy Information Administration said Tuesday that it expects global oil consumption to average… […]Read More
Nucor said Tuesday it intends to raise its base prices for sheet steel by a…Nucor said Tuesday it intends to raise its base prices for sheet steel by a… […]Read More
Plains All American Pipeline launched an open season this week to gauge demand for an…Plains All American Pipeline launched an open season this week to gauge demand for an… […]Read More
Crude oil futures were higher in mid-morning trade in Asia Wednesday on the back of…Crude oil futures were higher in mid-morning trade in Asia Wednesday on the back of… […]Read More
Benchmark Dubai crude spreads recovered in mid-morning trading in Asia on Wednesday, with sour crude…Benchmark Dubai crude spreads recovered in mid-morning trading in Asia on Wednesday, with sour crude… […]Read More
Saudi Aramco maintained a solid market share in China during the first half of 2019…Saudi Aramco maintained a solid market share in China during the first half of 2019… […]Read More
Australia’s lithium miner Pilbara Minerals hit the upper-end of its April-June shipment guidance and is…Australia’s lithium miner Pilbara Minerals hit the upper-end of its April-June shipment guidance and is… […]Read More
Saudi Aramco’s official selling prices for August-loading crude cargoes headed to Asia were higher than…Saudi Aramco’s official selling prices for August-loading crude cargoes headed to Asia were higher than… […]Read More
Russian refineries have mostly returned from maintenance works. Separately, Russia’s Komsomolsk refinery was connected via…Russian refineries have mostly returned from maintenance works. Separately, Russia’s Komsomolsk refinery was connected via… […]Read More
Poland’s oil pipeline operator PERN said Tuesday crude deliveries to Gdansk’s Naftoport increased almost 30%…Poland’s oil pipeline operator PERN said Tuesday crude deliveries to Gdansk’s Naftoport increased almost 30%… […]Read More
US oil production will continue to break output records into 2020, but may be growing…US oil production will continue to break output records into 2020, but may be growing… […]Read More
A series of tariffs imposed by the US on its major trade partners since early…A series of tariffs imposed by the US on its major trade partners since early… […]Read More
Japan’s first trial of bunker fuel complying with the International Maritime Organization’s new 2020 rules…Japan’s first trial of bunker fuel complying with the International Maritime Organization’s new 2020 rules… […]Read More
Automakers are starting to sit up and listen to European lithium companies because they realize…Automakers are starting to sit up and listen to European lithium companies because they realize… […]Read More
Ineos reduced flows through the UK’s biggest North Sea oil supply route, the Forties Pipeline…Ineos reduced flows through the UK’s biggest North Sea oil supply route, the Forties Pipeline… […]Read More
Australian wheat may further lose its competitiveness in the 2019-20 (October-September) marketing year on likely…Australian wheat may further lose its competitiveness in the 2019-20 (October-September) marketing year on likely… […]Read More
OPEC’s compliance with its production quotas fell sharply in June, as output gains in the…OPEC’s compliance with its production quotas fell sharply in June, as output gains in the… […]Read More
US crude exports could pull back from recent record high levels as margin incentives shrink,…US crude exports could pull back from recent record high levels as margin incentives shrink,… […]Read More
Brazilian state-led oil company Petrobras plans to sell onshore fields in Bahia state and offshore…Brazilian state-led oil company Petrobras plans to sell onshore fields in Bahia state and offshore… […]Read More
The Trump administration’s proposed 2020 biofuel mandate — for refiners to blend 20.04 billion gallons,…The Trump administration’s proposed 2020 biofuel mandate — for refiners to blend 20.04 billion gallons,… […]Read More
By not acknowledging their completion and allowing new natural gas pipelines to operate, CFE is…By not acknowledging their completion and allowing new natural gas pipelines to operate, CFE is… […]Read More
The EU exported a total of 22 million mt of wheat in the 2018-19 marketing…The EU exported a total of 22 million mt of wheat in the 2018-19 marketing… […]Read More
Enterprise Products Partners said Monday it would expand its ability to export crude, liquefied petroleum…Enterprise Products Partners said Monday it would expand its ability to export crude, liquefied petroleum… […]Read More
Benchmark Dubai crude spreads were steady to a touch firmer in mid-morning trading in Asia…Benchmark Dubai crude spreads were steady to a touch firmer in mid-morning trading in Asia… […]Read More
Winter wheat harvest in the US for the 2019-20 crop (June-May) hit 47% in the…Winter wheat harvest in the US for the 2019-20 crop (June-May) hit 47% in the… […]Read More
The Singapore Exchange reported a total volume of 147 million mt iron ore swaps traded…The Singapore Exchange reported a total volume of 147 million mt iron ore swaps traded… […]Read More
US wheat inspected for exports for the week ended June 27 jumped 40.6% week on…US wheat inspected for exports for the week ended June 27 jumped 40.6% week on… […]Read More
US winter wheat harvest for the 2019-20 crop (June-May) reached 30% in the week ended…US winter wheat harvest for the 2019-20 crop (June-May) reached 30% in the week ended… […]Read More
Bangladesh has raised the price of domestic natural gas by a weighted average of 32.8%,…Bangladesh has raised the price of domestic natural gas by a weighted average of 32.8%,… […]Read More
Growing exports of US LNG will help prop up domestic natural gas prices despite surging…Growing exports of US LNG will help prop up domestic natural gas prices despite surging… […]Read More
The California Public Utilities Commission has proposed revising its protocol to make it easier for…The California Public Utilities Commission has proposed revising its protocol to make it easier for… […]Read More
China has lifted restrictions on foreign investment in its conventional oil and gas upstream and…China has lifted restrictions on foreign investment in its conventional oil and gas upstream and… […]Read More
Oil product stockpiles at the Fujairah trading hub in the UAE fell to the lowest…Oil product stockpiles at the Fujairah trading hub in the UAE fell to the lowest… […]Read More
Eni and Vitol have been awarded an exploration and production license in Block WB03 located…Eni and Vitol have been awarded an exploration and production license in Block WB03 located… […]Read More
The US Treasury Department said Wednesday it has sanctioned Cubametales, Cuba’s state-run oil import and…The US Treasury Department said Wednesday it has sanctioned Cubametales, Cuba’s state-run oil import and… […]Read More
The 335,000 b/d refinery owned by Philadelphia Energy Solutions ceased operations on July 1, after…The 335,000 b/d refinery owned by Philadelphia Energy Solutions ceased operations on July 1, after… […]Read More
The development of a more transparent market for growing US crude exports into Europe took…The development of a more transparent market for growing US crude exports into Europe took… […]Read More
US ethanol production averaged 1.081 million b/d in the week ended June 28, a 9,000…US ethanol production averaged 1.081 million b/d in the week ended June 28, a 9,000… […]Read More
Crude oil futures were lower during mid-morning trade in Asia Thursday despite a fall reported…Crude oil futures were lower during mid-morning trade in Asia Thursday despite a fall reported… […]Read More
Benchmark Dubai crude future spreads were largely unchanged in mid-morning trading hours in Asia Thursday,…Benchmark Dubai crude future spreads were largely unchanged in mid-morning trading hours in Asia Thursday,… […]Read More
US wheat net export sales totaled 611,997 mt in the week ended June 20 –…US wheat net export sales totaled 611,997 mt in the week ended June 20 –… […]Read More
Chilean exports of lithium to China fell 90% during the first three months of the…Chilean exports of lithium to China fell 90% during the first three months of the… […]Read More
US regulatory staff concluded in a preliminary review issued Friday the proposed Alaska LNG project…US regulatory staff concluded in a preliminary review issued Friday the proposed Alaska LNG project… […]Read More
Angola’s state-owned oil company, Sonangol, is working “seriously” with Iraq’s ministry of oil to build…Angola’s state-owned oil company, Sonangol, is working “seriously” with Iraq’s ministry of oil to build… […]Read More
OPEC and its allies appear set to continue their oil supply cuts at the same…OPEC and its allies appear set to continue their oil supply cuts at the same… […]Read More
Saudi Arabia and Russia have OPEC and its allies poised to extend oil supply cuts…Saudi Arabia and Russia have OPEC and its allies poised to extend oil supply cuts… […]Read More
OPEC members should consult amongst themselves first on oil policy before striking deals with producers…OPEC members should consult amongst themselves first on oil policy before striking deals with producers… […]Read More
Crude oil futures soared by nearly 2% during mid-morning trade in Asia Monday as OPEC…Crude oil futures soared by nearly 2% during mid-morning trade in Asia Monday as OPEC… […]Read More
China’s manufacturing sector weakened further in June as trade tensions with the United States deterred…China’s manufacturing sector weakened further in June as trade tensions with the United States deterred… […]Read More
Sour crude spreads in Asia traded within a narrow range in mid-morning trading hours on…Sour crude spreads in Asia traded within a narrow range in mid-morning trading hours on… […]Read More
China’s oil product consumption rose 8% year on year in May to 29.73 million mt,…China’s oil product consumption rose 8% year on year in May to 29.73 million mt,… […]Read More
Iran’s oil minister on Monday said he will veto OPEC’s long-mooted charter intended to formalize…Iran’s oil minister on Monday said he will veto OPEC’s long-mooted charter intended to formalize… […]Read More
Iraq, which has surpassed its oil output quota under the most recent OPEC/non-OPEC supply cut…Iraq, which has surpassed its oil output quota under the most recent OPEC/non-OPEC supply cut… […]Read More
Alberta will increase its crude and bitumen production limit to 3.74 million b/d in August,…Alberta will increase its crude and bitumen production limit to 3.74 million b/d in August,… […]Read More
The US oil and gas rig count rose by 11 week on week to 1,051,…The US oil and gas rig count rose by 11 week on week to 1,051,… […]Read More
The first swap contracts for Brazilian soybeans exports to be financially settled against the Platts’…The first swap contracts for Brazilian soybeans exports to be financially settled against the Platts’… […]Read More
Delayed startup of the Sur de Texas-Tuxpan pipeline, which could continue indefinitely amid possible arbitration…Delayed startup of the Sur de Texas-Tuxpan pipeline, which could continue indefinitely amid possible arbitration… […]Read More
Benchmark Dubai crude oil futures trailed the global crude complex higher in Friday morning trading…Benchmark Dubai crude oil futures trailed the global crude complex higher in Friday morning trading… […]Read More
Crude oil futures edged lower during mid-morning trade in Asia Friday, ahead of the G20…Crude oil futures edged lower during mid-morning trade in Asia Friday, ahead of the G20… […]Read More
Spot liquefied natural gas prices could double if the Strait of Hormuz is disrupted, effectively…Spot liquefied natural gas prices could double if the Strait of Hormuz is disrupted, effectively… […]Read More
The pace of US winter wheat harvest for the 2019-20 crop (June-May) continued to be…The pace of US winter wheat harvest for the 2019-20 crop (June-May) continued to be… […]Read More
The amount of sugarcane crushed in the first half of June in Brazil’s key Center-South…The amount of sugarcane crushed in the first half of June in Brazil’s key Center-South… […]Read More
The latest US tariffs threatened against Chinese imports would hamper US energy exports, hurt domestic…The latest US tariffs threatened against Chinese imports would hamper US energy exports, hurt domestic… […]Read More
Methanex has posted its monthly US methanol contract price at 116 cents/gal FOB USG, the…Methanex has posted its monthly US methanol contract price at 116 cents/gal FOB USG, the… […]Read More
The US Environmental Protection Agency’s air policy chief, who led rollbacks of Obama-era rules regulating…The US Environmental Protection Agency’s air policy chief, who led rollbacks of Obama-era rules regulating… […]Read More
Oil and gas production increased in second-quarter 2019 throughout Texas, the 11th consecutive quarter of…Oil and gas production increased in second-quarter 2019 throughout Texas, the 11th consecutive quarter of… […]Read More
The growing prospects of the first cut in US interest rates in a decade is…The growing prospects of the first cut in US interest rates in a decade is… […]Read More
US ethanol production averaged 1.072 million b/d in the week ended June 21, a 9,000…US ethanol production averaged 1.072 million b/d in the week ended June 21, a 9,000… […]Read More
A surge in export activity to an all-time high last week flipped the US to…A surge in export activity to an all-time high last week flipped the US to… […]Read More
US crude oil exports are expected to remain high moving forward as a new wave…US crude oil exports are expected to remain high moving forward as a new wave… […]Read More
NYMEX futures moved sharply higher Wednesday following a large US crude draw and Philadelphia Energy…NYMEX futures moved sharply higher Wednesday following a large US crude draw and Philadelphia Energy… […]Read More
Closure of the Philadelphia Energy Solutions refinery will raise prices for the US Atlantic Coast…Closure of the Philadelphia Energy Solutions refinery will raise prices for the US Atlantic Coast… […]Read More
Refined products markets on both sides of the Atlantic were roiled Wednesday following news that…Refined products markets on both sides of the Atlantic were roiled Wednesday following news that… […]Read More
Crude oil futures were lower during mid-morning trade in Asia Thursday after US President Donald…Crude oil futures were lower during mid-morning trade in Asia Thursday after US President Donald… […]Read More