Colonial Pipeline Tuesday said its product loss allocation charge for long-haul deliveries will increase to 18 cents/barrel from 16 cents/b on August 1 due to many factors, including Hurricane Sandy last fall. The Houston-to-New York ...
Tags: Colonial, Pipeline Shipping
Aroma chemicals are used in making perfumes and scented candles. The making of perfume can be traced to Ancient Rome, Middle East and Egypt. At that time, it was used for courtship, romance and religious rituals. During those early days, ...
Tags: Aromatic Chemicals
Ineos Olefins and Polymers seeks to increase its polypropylene prices in the US by 2 cents/pound ($44/metric ton) for July, joining other producers seeking to expand margins for the second time this year, market sources said Monday. The ...
Tags: Polypropylene, Chemicals
It was assessed by SunSirs that in the tracked 100 spot commodities,22 commodities increased in prices, 32 fell and 46 remained unchanged on 01/07/2013.The largest rises were Silver (5.94%),Acrylic acid (1.66%),Iron ore (1.50%),while the ...
Tags: 100 Spot Commodities, Chemicals
Natural gas production in the Lower-48 US states rose to 73.24 Bcf/d in April, up 0.8%, or 570,000 Mcf/d, from March, the Energy Information Administration said Friday in its monthly gross production report. April output was up from a ...
Tags: Natural Gas Output, Chemicals
Gasoline cracks have plunged in the wake of recent data from the US Energy Information Administration showing unseasonably high gasoline inventories across the country, particularly in the East Coast. The NYMEX August RBOB crack spread ...
Tags: Chemicals
The NYMEX August natural gas futures contract continued to plunge midday Thursday on an above-average storage injection that also was higher than analyst expectations. As of 12:15 p.m. EDT (1615 GMT), it traded at $3.576/MMBtu, 16.1 cents ...
Russia's gas giant Gazprom does not expect its 2013 retroactive payments to European clients to be significantly above the Rb23 billion ($699 million) level reached in the first quarter of the year, Mikhail Rosseyev, the company's deputy ...
Tags: Chemicals, gas, Metallurgy, Mineral, Energy
China has taken delivery of around 88,000 mt of Iranian LPG in June after a break of four months, as the Islamic republic extends exports to North Asia in its attempts to circumvent sanctions aimed at preventing it from exporting oil ...
Tags: Iranian LPG, Chemicals
Multiple market sources said Thursday that US high density polyethylene contract prices are expected to rise by 2 cents/lb for June, while low density polyethylene and linear low density polyethylene contract prices are likely to remain ...
Tags: high density polyethylene, LDPE, LLDPE
China Petroleum and Chemical Corp, or Sinopec, has cut its ex-works price for butadiene for a third time in June, reducing it by Yuan 500/mt, or 5%, effective Thursday, end-users said. Sinopec's subsidiaries in East, North and South China ...
Tags: China's Sinopec, Petroleum
The Mediterranean gasoline July cargo swap has risen to a premium to the July Eurobob barge swap, as lack of availability of prompt cargoes in the Mediterranean supports the market, trading sources said Wednesday. The bullish ...
Tags: Metallurgy, Mineral, Energy, Chemicals
One of the longest-running energy infrastructure sagas in recent history has finally reached its conclusion after the BP-led consortium that operates the giant Shah Deniz field offshore Azerbaijan snubbed the Nabucco West pipeline in favor ...
US Gulf Coast propane stocks have grown 3.61 million barrels in the first three weeks of June, roughly four times the amount that was added to storage in the comparable period of 2012, Energy Information Administration data showed ...
Shell remains cautious regarding the potential of two onshore oil exploration blocks in Albania despite increasing its stake in the blocks from 50% to 75%, the company said Tuesday. The deal leaves operator, Canada's Petromanas Energy, ...
Tags: Oil Potential, Block Stake Hike