S&P Global Platts editors discuss how differentials for Kazakhstan’s CPC Blend crude oil have plummeted on heightened output and weak demand. Is there any hope for a price recovery in the short term?
Our editors examine why China is likely to benefit the most out of the re-imposition of US sanctions on Iran.
Hydrous ethanol prices in Brazil’s key Center-South region declined over 13.72% in the week to…
The Asian MTBE market flipped into contango Monday — the first time in nearly four…
The US benzene contract price was heard to have settled 8 cents higher on the…
Mexico produced 262,971 mt of sugar in the week that ended April 27, beating estimates…
Ukraine is ready to resume shipments of Russian crude oil to the EU, state oil…
Russia began pumping clean Urals crude through the Druzhba pipeline to the Brody metering unit…
A tighter expected global oil market balance this summer and increasing global supply risks caused…
The National Supply Company (Conab) expects Brazilian sugarcane production to reach 615.98 million mt in…
With US waivers expired, Iranian crude is likely to quickly fade from the world market…
Crude oil futures were higher during mid-morning trade in Asia Wednesday, finding support from the…
Asian petrochemical trading discussions are expected to be more active this week after last week’s…
The Asian MTBE factor to gasoline has sunk to a near 5-year low of 1.055…
Hopes of a revival of US-origin soybean exports to China have taken a hit from…
Austrian petrochemicals producer Borealis will focus on its global growth projects in 2019, while also…
US OLEFINS US olefins traders head into the week with ethylene spot prices at an…
Brazilian ethanol imports in April were recorded at 230.7 million liters, a surge of 107%…
US LNG export project developers face new challenges securing financing for construction after President Donald…
BP has given the green light to its Thunder Horse South Expansion Phase 2 project…
With a wave of coal-fired power plant closures coming to Alberta over the next several…
US wheat inspected for exports in the week-ended May 2 fell 25.9% on week to…
Rigid polyolefins recycling capacity in Europe totaled 1.7 million mt in 2018, industry body Plastics…
Gibraltar announced Tuesday the opening of a new LNG terminal, built by Shell and its…
The company building Russia’s 55 Bcm/year Nord Stream 2 gas link has finished the German…
Ukraine is ready to resume shipments of Russian crude oil to the EU, state oil…
Russia began pumping clean Urals crude through the Druzhba pipeline to the Brody metering unit…
Iraq is again becoming a viable destination for energy investment in the Middle East after…
Brazil and potential operators are in talks on how to fund the country’s first pilot…
A tighter expected global oil market balance this summer and increasing global supply risks caused…
After a warmer-than-normal April across much of the US trimmed the use of natural gas…
The National Supply Company (Conab) expects Brazilian sugarcane production to reach 615.98 million mt in…
The bidding war between Occidental Petroleum and Chevron to acquire Anadarko Petroleum is heating up,…
With US waivers expired, Iranian crude is likely to quickly fade from the world market…
Production at Cameron LNG is expected to begin within days, an executive for co-owner Sempra…
Kinder Morgan’s Elba Liquefaction has encountered unspecified “minor issues” during commissioning of equipment that will…
Mont Belvieu, Texas, ethane/propane mix prices continued to weaken in comparison to purity ethane Tuesday…
Crude oil futures were higher during mid-morning trade in Asia Wednesday, finding support from the…
The UAE’s Abu Dhabi National Oil Co has started discussions and shown offers to its…
Iran is set to announce Wednesday its decision on reducing its commitment to the Iran…
Singapore’s Asia Pacific Exchange, or APEX, is planning other oil and fuel contracts after launching…
State-controlled Equinor reported a 9% year-on-year drop in its Norwegian oil output for the first…
Waivers allowing some countries — including Iran’s top oil customers China, India, and Turkey –…
Ukrainian and European traders are accumulating additional reserves of natural gas ahead of next winter…
Mozambique, on the verge of being transformed with the development of major LNG export projects,…
Norway’s Equinor remains cautious about investing in global LNG projects having “screened” but rejected several…
Norway’s Equinor could look to turn down gas production at its giant Troll field this…
Canada’s Baytex Energy expects to deliver 11,000 b/d, or about 40%, of its heavy oil…
Transcontinental Gas Pipe Line won certificate approval Friday from the Federal Energy Regulatory Commission for…
Libya’s national head of the oil workers labor union was captured on April 29, the…
Iraq will respect the current supply agreement which has been put in place by OPEC…
Crude oil futures opened lower during mid-morning trade in Asia Monday, with July ICE Brent…
Saudi Aramco has raised the price differentials for all of its five crude oil grades…
Abu Dhabi National Oil Co. raised the crude oil official selling prices for all of…
The Singapore high sulfur fuel oil viscosity spread, or the premium the 180 CST grade…
US energy secretary Rick Perry is to sign two LNG export “orders” Thursday in Brussels,…
Shell expects to ship its first LNG cargo from its Australian floating LNG production facility,…
While upgrades and launches remain in the focus in the Middle East, news is emerging…
Across Africa, new launches and upgrades remain in focus while a number of refineries remain…
Energy trader Trafigura has called for S&P Global Platts to set up a market on…
ExxonMobil plans a $2 billion expansion of its Baytown, Texas, petrochemicals complex, adding a 350,000…
Shell is keen to grow its US shale oil portfolio but does not feel pressured…
The shutdown of Russia’s pipeline crude exports to Europe due to a contamination issue is…
Russian crude entering Eastern Europe via Belarus has been restored to normal quality more than…
Partly in reaction to tight supply conditions in the Electric Reliability Council of Texas footprint,…
The number of LNG tankers through the expanded Panama Canal in 2018 increased 77% year…
Centrica has loaded its first LNG cargo under long-term contract from Dominion Energy’s Cove Point…
US soybean net export sales totaled 313,435 mt for the week ended April 25, down…
President Donald Trump’s executive orders will provide US pipeline companies with the certainty they need…
The US active rig count bounced back this week as operators deployed an additional 18…
The world’s major oil producers can offset any potential supply disruption as tougher US sanctions…
HollyFrontier bumped up the amount of sour crude processed in its Permian Basin-fed Navajo refinery…
Crude oil futures slid during mid-morning trade in Asia Friday amid expectations that the supply…
A severe cyclone is close to making landfall Friday in India’s eastern state of Odisha,…
The Asian MTBE market flipped into contango Monday — the first time in nearly four…
Bangladesh’s second LNG floating storage and regasification unit started flowing re-gasified LNG to the national…
China is likely to miss its 2020 shale gas production target as technical and commercial…
Europe will continue to absorb surplus LNG on the global market through 2019 as the…
The company building Russia’s Nord Stream 2 gas link to Germany is appealing the Danish…
The ongoing 50% rate cut at the world’s largest alumina refinery in Brazil continued to…
IEnova said Tuesday the 2.6 Bcf/d Sur de Texas-Tuxpan marine pipeline would begin commercial operations…
US wheat inspected for export fell 23% to 630,402 mt in the week to April…
General Electric’s power segment secured 4.5 GW of natural-gas powered turbine orders in the first…
Swiss driller Transocean’s customers are moving ahead with more offshore projects amid a rebound in…
ConocoPhillips’ production from the Lower 48 “Big Three” unconventional plays –the Eagle Ford, Bakken and…
The Trump administration’s push to bring Iranian crude exports to zero officially begins Thursday, but…
Texas has pumped more oil than Iraq, OPEC’s No. 2 producer, for six months in…
US crude stocks moved sharply higher last week as rising production and stepped-up imports outpaced…
The US benzene contract price was heard to have settled 8 cents higher on the…
Devon Energy expects oil growth driven by drilling in Texas’ Permian and Wyoming’s Powder River…
Mexico produced 262,971 mt of sugar in the week that ended April 27, beating estimates…
Magellan Midstream Partners now expects spot crude shipments on its two Permian Basin-to-Houston pipelines to…
PBF Energy expects light-heavy crude spreads to widen by the end of the second quarter…
At the urging of US lawmakers from oil- and natural gas-producing states, the Trump administration…
Vietnam’s 148,000 b/d Dung Quat refinery has received its first cargo of US crude oil,…
Crude oil futures were lower during mid-morning trade in Asia Thursday amid a build reported…
Middle East sour crude spreads firmed at the start of May trading in Asia on…
Australia Industrial Energy (AIE) has been given development consent from the New South Wales state…
Russian president Vladimir Putin said Saturday that Russia is meeting its obligations under the OPEC/non-OPEC…
Portugal-based energy company Galp Monday said it sees its production rate at the end of…