US crude exports rose 35,000 b/d to a record 692,000 b/d in September after Brent's premium to WTI widened, an analysis of Census Bureau data released Friday showed. Brent's premium over WTI widened from 34 cents/b in May to average ...
Tags: crude exports, crude
US crude exports jumped to their highest level on record in May, coming in at 662,000 b/d, monthly data from the US Energy Information Administration showed Friday. Exports are up from 591,000 b/d in April and have been up steadily from ...
Tags: crude exports, US crude
RED RME production margins in Northwest Europe remain in negative territory as the premium fell to a one-month low Monday, while feedstock prices in Europe remain strong on low availability. The differential between outright RME and ...
Tags: RED RME, rapeseed oil, oil
Urals differentials versus the Dated Brent market jumped in both the Mediterranean and Northwest Europe in European trading Tuesday after the full provisional December loading program for the Black Sea port of Novorossiisk proved to be the ...
Tags: Urals cargoes
The Trans-Atlantic gasoline arbitrage reopened Tuesday on the heels of stronger prices in both the Northwest Europe and US East Coast markets. Platts assessed the Eurobob barge at $469.25/mt, or $1.3412/gal, while RBOB cargoes delivered ...
Tags: gasoline, Mediterranean gasoline
Long Range 1 tanker rates are soaring in Europe as vessels are delayed due to high storage levels in Europe, and the busy naphtha arbitrage to the East is rapidly eating into the available tonnage. LR1 rates on the Northwest Europe to ...
Tags: LR1 Tanker, Naphtha, ships
* Stocks climb at EMO Dry Bulk Terminal and OBA Bulk Amsterdam * Low Rhine river levels impact barging from ARA ports Four delivery terminals in Northwest Europe's Amsterdam-Rotterdam-Antwerp trading hub had combined coal stocks of ...
US-based petrochemical major, ExxonMobil Chemical said it is increasing production of its high performance hydrocarbon fluids, which are used in aromatics industry, by about 10 percent through expansion at its Singapore and Antwerp plants. ...
Tags: ExxonMobil, Hydrocarbon Fluid
Kazakhstan's CPC Blend crude has fallen to a 23-month low versus Dated Brent, as weak end-user demand has continued to weigh on values for prompt supplies. CIF Augusta CPC Aframax cargoes were assessed at a $1.73/barrel discount to the ...
Tags: Crude Oil, CPC Blend crude
The Urals crude market strengthened sharply Wednesday in both Northwest Europe and the Mediterranean as buying interest increased sharply to clear some remaining prompt June cargoes. Differentials for CIF Augusta Urals Aframax cargoes ...
Tags: Crude Oil, crude market
European ethylene spot prices jumped Thursday following a fire earlier in the week at Shell's Moerdijk site in the Netherlands, sources said Friday, adding that they expect olefin supply from the steam cracker at the site to be affected. ...
Tags: Ethylene, Prompt ethylene
More toluene contracts for June in Northwest Europe have been agreed at a range of $1,111-1,115/mt FOB NWE, according to three consumers. The settlements represent a small decrease from the previous month's settlements of ...
Tags: Toluene, gasoline market
The European premium of ETBE over MTBE -- two gasoline components -- hit a two-and-a-half-year high of $166/mt Tuesday, as imports from Brazil fell, according to market sources. Platts assessed ETBE barges for spot delivery at $1,277/mt ...
Tags: gasoline, spot market
European ultra low sulfur diesel premiums to the front-month ICE gasoil futures contract hit their weakest level in over four months Friday as large volumes flooded the region from the Americas and the Baltic. Northwest European cargo ...
Tags: low sulfur diesel, gasoil futures
EU first-quarter polystyrene imports jumped 119% year on year, according to recent Eurostat data. Market sources attributed the sharp increase in imports largely to reductions in domestic production capacity. The EU imported 38,920 mt of ...
Tags: Polystyrene, polystyrene imports