Tesoro Corporation announced plans to produce petrochemical feedstock in its U.S. West Coast refining system. The Company intends to gather intermediate feedstock, primarily reformate, from its West Coast refining system for xylene ...
Exxon Mobil Corporation’s board of directors has elected David S. Rosenthal as vice president and controller and Jeffrey J. Woodbury as vice president of investor relations and secretary, effective Sept. 1. Rosenthal, 58, is ...
Tags: Exxonmobil, Vice President, Textile
OLED displays have been touted as the future TV, with advantages in superior viewing angles, deeper blacks, more vivid colors, and stunning level of detail. The new LG TV’s come with features including Color Refiner which is able to ...
Midweek buying by speculators and some commercial customers helped rhodium recover from a selloff early in the week, leaving price levels virtually unchanged week on week Friday. The Platts New York Dealer rhodium price range narrowed to ...
Tags: Rhodium Price, PGM refiner
The buying surge in rhodium that began two weeks ago during Platinum Week in London ended this week, with would-be buyers heading to the sidelines amid surging prices. The Platts New York Dealer rhodium price tumbled to $1,070-1,130/oz ...
Tags: rhodium, scrap recyclers
Domestic demand for propane and propylene in the US declined 30% last week, Energy Information Administration data showed Wednesday. At the same time, US propane and propylene stocks increased by 3.686 million barrels to 45.77 million ...
Chicago CBOB gasoline for delivery through June 4 jumped 9 cents/gal Thursday to NYMEX July RBOB futures plus 3 cents/gal on the back of refiner buying and a government report showing tight gasoline supply in the Midwest, sources said. ...
Tags: gasoline, Chicago market
Argentine oil production fell 0.4% in March compared with the year-ago period, while natural gas output rose 0.5% over the same period, an industry report showed Friday. Crude production declined to an average of 533,651 b/d in March from ...
Tags: oil production, Oil Output
US ethanol stocks for the week ended May 16 shed 312,000 barrels to a four-week low of 16.99 million barrels despite a production rise of 3,000 b/d to 925,000 b/d, Energy Information Administration data showed Wednesday. The stocks draw ...
Tags: ethanol, Gulf Coast stocks
The Platts Australian alumina assessment fell 50 cents/mt from Friday to $315.50/mt FOB Monday, weighed down by supply overhang, tight cash flows and lack of buyers. Alumina bid/ask levels were around $310-312/mt against $316/mt FOB ...
Tags: alumina, Australian-origin cargoes
US ethanol stocks for the week ended May 9 firmed 162,000 barrels to 17.302 million barrels on higher production and imports, Energy Information Administration data showed Wednesday. Production in the week rose 28,000 b/d to 922,000 b/d ...
Tags: ethanol stocks, ethanol
US ethanol stocks for the week ended May 2 fell 72,000 barrels to 17.14 million barrels, while production dipped by 4,000 b/d to 894,000 b/d, Energy Information Administration data showed Wednesday. While the production decline had been ...
Tags: Ethanol Stocks, Lower Production
The balance-month Med/NWE gasoline spread swap -- the differential between the balance-month Mediterranean cargoes swap and the equivalent Eurobob gasoline barge swap -- narrowed Wednesday, due to a weaker Northwest paper European market, ...
Tags: Gasoline, NWE paper market
Japan's largest refiner, JX Nippon Oil & Energy, concluded its May Asia Contract Price for benzene at $1,268/mt CFR late Wednesday, up $3/mt from its April settlement, a company source said. Thursday was a public holiday in Singapore. ...
Tags: Benzene, refiner, April settlement
South Korea's third-largest refiner, S-Oil, sold a combined 639,000 b/d of oil products, petrochemicals and lube in the first quarter of this year, up 1.4% from 630,000 b/d a year ago, the company said in a statement Thursday. Sales in Q1 ...
Tags: Oil Products, Petrochemicals