The estimated weekly production margin for a typical US Midwest dry-mill ethanol plant jumped 1.98 cents, or 3.39%, this week to a 15-week high of 60.43 cents/gal, according to a Platts estimate based on a Friday review of data. This was ...
Tags: Estimated Ethanol, Chemicals
US ethanol production fell 13,000 b/d to a three-week low of 844,000 b/d the reporting week ended August 16, but ethanol stocks rose 57,000 barrels to 16.482 million barrels, Energy Information Administration data showed Wednesday. The ...
The US Energy Information Administration (EIA) forecasts that China's net oil imports will exceed those of the United States by October 2013 on a monthly basis and by 2014 on an annual basis, making China the largest importer of oil in the ...
Tags: Metallurgy, Mineral, Energy
China's net oil imports are very likely to exceed those of the US by October this year on a monthly basis and by 2014 on an annual basis, making China the largest net oil importer in the world, the US Energy Information Administration (EIA) ...
Tags: Net Oil Importer, imported oil
Oil prices advanced on Wednesday after a report showed that U.S. economic growth was higher than expected in the second quarter of the year. The U.S. real gross domestic product (GDP) increased at an annual rate of 1.7 percent in the ...
Tags: Oil Prices, Economic Data
The front-month Brent/WTI spread narrowed Thursday to its lowest level in more than 20 months, dropping under $1/barrel as NYMEX crude broke above resistance levels on recent stock drops and an equities euphoria. The September Brent/WTI ...
Tags: Prompt Brent, Chemicals
The differential for California-grade blendstock dropped 15.5 cents/gal on Wednesday after US data showed an 818,000-barrel gasoline build on the West Coast. The move left the differential at a discount to NYMEX RBOB for the first time in ...
Tags: Carbob Differential, Chemicals
The NYMEX August natural gas futures contract posted a preliminary settlement Wednesday of $3.629/MMBtu, down 4.8 cents, as the market lacked drivers to push it higher, sources said. The market is going through some choppy trade "in what ...
Tags: Market Drivers, Chemicals
French President Francois Hollande will not allow shale gas exploration during his presidency, he said on national television Sunday. France currently has a ban on shale gas exploration using hydraulic fracturing, the only current ...
Tags: Metallurgy, Mineral, Energy, Gas Drilling
June exports from the three coal piers at Hampton Roads on the US East Coast declined for the month but are still tracking above last year's numbers on a year-to-date basis, according to figures released Wednesday by the Virginia Maritime ...
Tags: Coal Exports, Chemicals
US commercial crude stocks fell 9.87 million barrels to 373.92 million barrels for the reporting week ended July 5, Energy Information Administration data showed Wednesday. The latest decline marks the sharpest two-week draw in US crude ...
Tags: Crude Stocks, Crude imports
The oil complex nudged slightly higher during light trading Tuesday. Those gains were led by NYMEX August RBOB, which settled 4.23 cents higher at $2.9260/gal. NYMEX August crude settled 39 cents higher at $103.53/barrel, while ICE August ...
The Gulf Coast heating oil differential fell 75 points Wednesday as US production and stocks increased and traders cited trouble finding ships to move any export barrels. Platts assessed the Gulf Coast heating oil differential at NYMEX ...
Tags: Heating Oil, Chemicals
The US exported the second highest volume of petroleum coke ever in April, according to US Energy Information Administration data. The EIA April data, released Friday, show exports of 17.78 million barrels, second only to December 2011, ...
Tags: Petroleum Coke Volume
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