Aluminium Bahrain (Alba) senior official said in spite of the LME aluminum prices in the doldrums recently, the company is still expected to achieve annual growth target for 2013. MahmoodHashimAlKooheji, the directors in the Bahrain ...
Narrowing propane price spreads between the US and international markets are poised to shrink further as terminal developers, such as Enterprise Products Partners, advance plans to increase the nation's liquefied petroleum gas export ...
Oil Markets are currently balanced and inventories are at excellent levels, but the geopolitical situation is having an impact on prices, Saudi Oil Minister Ali al-Naimi said Tuesday. "The market is in a very good position, supplies are ...
Tags: Oil Markets, Syria crisis
Toyota Australia has exported its one-millionth car to the Middle East. Made in Altona, Victoria – which was recently earmarked for a $123million upgrade – the white Toyota Camry marked a high point for what Toyota claims has ...
The FOB Houston propane differential has dropped 53% since July 1 as increasing exports and falling international propane prices narrow the arbitrage out of the Gulf Coast. Platts started assessing FOB Houston propane cargoes on July 1 as ...
The April switch in the NYMEX basis for distillates to ULSD from heating oil has led to decreased volatility in the Gulf Coast ULSD differential, the most liquid product Platts assesses in the Americas. The specification for the NYMEX ...
Tags: Metallurgy, Mineral, Energy
Samsung today introduced both the GALAXY Note 3, the latest update to the Note product line and the GALAXY Gear for the MENA region. Samsung GALAXY Note 3 delivers a larger screen for the better viewing experience and more powerful ...
Tags: Samsung, Consumer Electronics
US spot ethylene was hovering at three-month low levels Friday, trading midday as low as 51.50 cents/lb MtB Williams pipe for September delivery on the back of what market sources said was improved availability. Recent unplanned ...
Europe's oil-refining businesses will have to slim down further and then pump billions of dollars into what remains, the head of one of Europe's leading oil trade associations said Thursday. Michel Bénézit, president of ...
Tags: Chemicals, Metallurgy, Mineral, Energy
The slide in LPG prices over the past four days on abundant supply and an Asian demand pause has sent physical values to six-week lows and flipped the paper market to the steepest contango structure since early July 2012, market sources ...
Tags: Metallurgy, Mineral, Energy
Thousands of meters beneath the waves and the sea floor, new technology pioneered by small firms is helping to make oil production sustainable at extreme temperature and pressure. More than a decade of high oil prices combined with ...
Tags: Oil, Metallurgy, Mineral, Energy
The Asian naphtha market may firm going into the last two months of this year on curtailed arbitrage flows which will likely tighten supply balances and year-end demand mopping up excess naphtha supply from the higher arbitrage arrivals in ...
Tags: Chemicals, Metallurgy, Mineral, Energy
US toluene disproportionation margins have moved into negative territory after toluene spot prices moved higher against declining benzene and mixed xylene spot pricing. Mobil selective toluene disproportionation margins were also ...
Tags: Spot Toluene, Chemicals
Thailand has officially announced a significant rise in its crude reserves as of end-2012, with its probable and possible reserves jumping 10% and 32% year on year to 421 million barrels and 277 million barrels respectively, data released ...
Tags: Crude Reserves, Mineral
A top energy watchdog forecast the U.S. will bypass Russia in the production of liquid fuels--everything from crude and gasoline to biofuels like ethanol--solidifying America's growing importance in global energy markets. The ...
Tags: Liquid Fuels