The June Northwest European-US Atlantic arbitrage swap has risen since market close Friday due to a higher NYMEX RBOB market, increasing the possibility of exports from Europe heading to the Atlantic coast, market sources said Monday. ...
Tags: June NWE-USAC, Gasoline
The May US mixed xylene contract price settled at $3.94/gallon ($1,193.82/mt), 11 cents ($33.33/mt) higher than April's mark, trading sources said Monday. The MX contract price had settled at $3.83/gal for April, which was 57 cents lower ...
Tags: Mixed Xylene, Chemicals
The European ethanol physical price curve moved into contango this week as persisting high inventory in April collided with views that May could bring improved demand, sources said this week. A standard 1,000 mt fuel ethanol barge for ...
Tags: Ethanol Physical Price, Chemicals
The Mars cash differential fell in early trading Thursday to its lowest level since January 2012 as the WTI/Brent spread continues to narrow, Gulf Coast trading sources said. Mars is down 40 cents early Thursday at WTI plus $6.35/b after ...
Tags: Mars cash, Coast trading sources
Weakening crude refining margins and middle distillates cracks have led to low buying interest among Northeast Asian refiners for prompt May loading ESPO blend crude, trading sources said Thursday. Three to four of the 19 ESPO blend crude ...
Tags: Distillate Cracks, Chemicals
Coal exports from South Africa's Richards Bay Coal Terminal (RBCT) soared to a 15-month high of 7.49 million mt in March, jumping 37.4% month-on-month and 20% year-on-year, the latest operating data released by the port Tuesday showed. ...
Tags: Coal exports, Chemicals
US Gulf Coast high sulfur fuel oil began strengthening after a spate of recent selling as players look forward to a shift in supply/demand balances toward tightness in the near term, trading sources said Tuesday. "Availability will be ...
Tags: Metallurgy, Mineral, Energy, Chemicals
The March US mixed xylene contract price settled at $4.40/gal ($1,333/mt) Tuesday, 6 cents ($18.18/mt) lower than February's mark, trading sources said. Sources expected the contract price to settle lower after a decline in spot MX ...
Marathon Petroleum has declared force majeure on benzene, toluene and mixed xylene, trading sources said Monday. No further details are known and confirmation from Marathon was unavailable as a spokesman at the company declined to comment, ...
Tags: benzene, toluene, Spot benzene
US Atlantic Coast ULSD stocks shot up 2.506 million barrels over the past week, the second-highest rise since record-keeping began in 2004, according to Energy Information Administration data Wednesday. USAC ULSD stocks stood at 25.568 ...
Tags: stocks, ULSD stocks, stock builds
An arbitrage to move cargoes of methyl tertiary butyl ether [MTBE] from Asia to Europe has opened following a sharp increase in European MTBE prices on the back of growing demand, trading sources said Friday. European MTBE prices hit ...
Tags: methyl tertiary butyl ether, MTBE price, Asia, European market
Chinese refiner West Pacific Petrochemical Corp,or Wepec,has sold 40,000 mt of gasoil for loading over January 18-22 to PetroChina via private negotiations,trading sources said Wednesday. This is the third spot parcel sold by the refiner ...
Tags: Wepec, gasoil, private negotiations, PetroChina
The Russian river navigation season is expected to come to an end in the country's southern regions in early December, after an unusually mild spell of weather prolonged transportation there, sources said Tuesday. "It is coming to a close ...
Tags: River Navigation, river navigation season, River transportation
China's finished steel exports are unlikely to be much lower in August or September after rising for the first time in four months during July, market participants said. Exports rose 3.5% month-on-month to 4.4 million tonnes in July, ...
Tags: steel