Nigerian crude values have been picking up steadily this week on strong US demand for Nigerian and West African crudes, trading sources said Friday. There has been a lot of activity in the past week, with only about 12 out of the 62 ...
Tags: Crude Values, domestic US crudes
Angolan April crude cargoes have sold steadily so far with more than half of the program already cleared, but Asian demand is expected to slow down ahead of a heavy refinery maintenance season, trading sources said Thursday. Activity on ...
Tags: Crude Cargoes, Mineral
Chemical tanker Bochem Oslo is preparing to load a substantial volume of ethanol from Rotterdam before heading to Fujairah, in the United Arab Emirates, as multi-year low European prices beat competition from the US and Brazil, market ...
Tags: Vessel, Rotterdam Ethanol
Nigerian crude values for April are beginning to rise steadily on higher refining margins and healthy demand from Europe, trading sources said Friday. Spot trade in Nigerian cargoes has increased this week, with some high offers and deals ...
Tags: Crude Values, Mineral
South Africa's Richards Bay Coal Terminal (RBCT) exported 4.6 million mt of coal in January, tumbling 33% on-month from the 6.8 million mt shipped in December, according to the latest operating data released by the port Friday. January ...
Tags: Coal Terminal, Mineral
Russia's gasoline and naphtha exports rose in January, as the cheaper ruble versus the US dollar made export netbacks more attractive, trading sources said. According to Energy Ministry figures, 384,370 mt of gasoline were exported in ...
Japan's direct-burning crude oil demand for power generation has picked up since late December as a cold spell across the country has increased appetite for loadings into March in the absence of nuclear output, industry and trading sources ...
Tags: crude oil demand, power generation
Increased buying interest for North Sea crude oil cargoes, resulting in a sharp increase in price for a number of key grades, has negatively impacted Northwest European refinery margins, according to traders Wednesday. The cracking yield ...
Tags: Refinery, crude oil cargoes
US ethylene dichloride prices were assessed Thursday at$325-335/mt FOB US Gulf,a spike of$30/mt week on week,amid tight availability,strong demand from Asia and an increase in feedstock costs,said sources. The price is at its highest ...
Tags: US ethylene dichloride price, ethylene dichloride, the ethylene
The price spread between CIF naphtha and cheaper CIF propane has narrowed on less bearish propane sentiment as well as weakening naphtha, according to industry sources. The CIF propane swap reached a $171/mt discount to the CIF Northwest ...
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
Relative strength in premiums for the sour Middle Eastern crude market seen in recent days showed continued upward momentum Wednesday, as Asian refiners look to cover winter requirements and Chinese buyers look to re-stock, trading sources ...
Tags: Premiums, Metallurgy, Mineral, Energy
Hong Kong-listed Brightoil Petroleum has started supplying bunker fuel from Qingdao port in East China from Tuesday, a company source said. The company completed a delivery of 380 CST grade bunker fuel to one vessel in Qingdao on Tuesday, ...
Tags: Chemicals, Brightoil 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
The European ETBE premium to MTBE hit the highest since April 12 Tuesday due to stronger market fundamentals, according to Platts data and trading sources. The ETBE premium to MTBE rose to $54.75/mt at Tuesday's market close from ...