The physical North Sea market is strengthening against the paper market, reaching a six-week high on Friday and bid higher Monday, as the return of some refineries from maintenance adds to crude demand, while less output than expected is ...
Tags: Physical Crude, Increased Demand
Carpet exports from Turkey fetched US$ 546.68 million during the first three months of 2014, recording a surge of 9.9 percent, compared to the same period last year, as per the data released by the Istanbul Textile and Apparel ...
Argentina exported 92,755 mt of biodiesel in February, a 106% jump from the same period in a year ago, according to Argentinian Biofuels Association, or CARBIO, data that Platts received Thursday. February fixture data indicated as much ...
Tags: Biodiesel Exports, Biofuels
In the first quarter of the current year, Turkey's steel exports totaled 4.6 million mt, down 11 percent year on year, while the value of these exports decreased by 8.9 percent year on year to $3.4 billion, according to the data released by ...
Tags: Steel Exports, steel product
NYMEX May crude settled $1.84 lower at $99.74/barrel Tuesday on expectations of another build in US crude stockpiles and bearish data from China and Europe. ICE May Brent settled $2.14 lower at $105.62/b. The Brent-WTI spread settled at a ...
Tags: Oil Futures, crude, NYMEX
Carpet exports from Turkey surged 8.5 percent to US$ 355.5 million, during the first two months of 2014, as per the data released by the Istanbul Textile and Apparel Exporters’ Association (ITKIB). According to the ITKIB data, ...
Tags: Carpet Exports, Apparel, Textile
The US Energy Information Administration says that in September 2013, China’s net imports of petroleum and other liquids exceeded those of the United States on a monthly basis, making it the largest net importer of crude oil and other ...
Tags: Oil Importer, petroleum, liquids production
According to the data provided by the Turkish Statistical Institute (TUIK), in January this year Turkey's wire rod exports decreased by 3.79 percent year on year to 115,908 metric tons, up 29.09 percent month on month. The revenue from ...
Tags: Wire Rod, Metallurgy, Mineral
Crude steel production by the 65 countries reporting to the World Steel Association was 125 million mt in February, up by just 0.6% on the same month last year. Compared with January 2014, February's average daily production of 4.46 ...
Tags: Crude Steel, Crude steel production, steel
Projected 2013/14 world wheat production is up 0.8 million tons this month to 712.7 million, further raising the historical record. In Australia, 2013/14 production is up 0.5 million tons to 27.0 million this month. The harvest in Australia ...
Tags: Wheat, cereal, Agriculture
The US will sell 5 million barrels of sour crude from its Strategic Petroleum Reserve as part of a test sale to evaluate its ability to distribute oil in the event of an emergency, the Department of Energy said Wednesday in a Notice of ...
Tags: Sour Crude, Department of Energy
The volume of gas injected into the Italian grid in 2013 was 69.01 billion cubic meters, down 8.9% year on year, gas grid operator Snam Rete Gas said. In its 2013 consolidated financial results statement Friday, Snam said the fall was ...
Tags: natural gas, Chemicals
Turkey exported carpets worth $178,414 during the month of January 2014, indicating a rise of 7.5 percent compared to the same month last year, as per the data released by the Turkish Exporters Assembly (TIM). According to the ...
Tags: Carpet Exports, Textile
European refineries are enjoying a rebound in the profitability of turning crude oil into products at the start of the year, after reaching their worst point of last year in December, traders said Tuesday. "Margins are decent," said a ...
Tags: Crude Oil, European Refining
NYMEX February crude settled $1.48 lower at $93.96/barrel Friday, as a large draw in stockpiles was overshadowed by a sharp drop off in product demand and rising distillate stocks. ICE February Brent settled 89 cents lower at $106.89/b. ...
Tags: stockpiles, crude, Mineral