Crude futures fell to fresh lows immediately ahead of the 2:30 p.m. EDT (1830 GMT) market settle Wednesday, as the oil complex extended an overnight selloff in US trading after equity markets slid throughout the the session. NYMEX July ...
Tags: Metallurgy, Mineral, Energy, oil
US commercial crude stocks likely fell around 1.5 million barrels for the reporting week ended May 24, according to a Platts analysis and a survey of oil analysts Tuesday. The American Petroleum Institute will release its weekly report at ...
Tags: Chemicals, Metallurgy, Mineral, Energy
Jet fuel differentials firmed to end a week that saw production and demand exactly matched in the US, just not in the Chicago market, with its world-high outright prices. Platts assessed Chicago unchanged at NYMEX June heating oil futures ...
Tags: Metallurgy, Mineral, Energy, Chemicals
The NYMEX June natural gas futures contract remained in modestly positive territory midday Thursday after the US Energy Information Administration released a storage report that most market players deemed neutral. As of 12:30 p.m. EDT ...
The US Atlantic Coast wholesale gasoline-pump price spread narrowed 8 cents/gal Monday to the lowest level since early April, according to US Energy Information Administration data and Platts assessments. East Coast regular gasoline ...
Tags: Gasoline, Wholesale-Pump
Gasoline stocks in the Amsterdam-Rotterdam-Antwerp region fell 15.9% week on week in the seven days to May 16, according to a report by BNP Paribas released Friday. Stocks fell by 1.5 million barrels to 7.8 million barrels, and were 3.2% ...
Tags: Chemicals, Metallurgy, Mineral, Energy
The oil complex shrugged off largely bearish US Energy Information Administration data Wednesday as a rise in equities coupled with a technical bounce halted a four-day slide in June crude futures. NYMEX June crude rallied towards the ...
Tags: Oil Complex, Oil
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
Refiners along the US Gulf Coast "left money on the table" by performing much-needed seasonal maintenance this winter, giving up profits from exports during a period of substantially higher diesel crack spreads, RBN Energy analyst Sandy ...
Tags: Refiners, Gulf Coast
As natural gas prices hit an average of $10.46/MMBtu in New York City in February, the switch from gas back to coal for power generation was on, data released Monday by the US Energy Information Administration showed. "All parts of the ...
Tags: Gas-to-Coal Switch, Gas Prices
Source: US Energy Information Administration, Annual Energy Outlook 2013. US net imports of petroleum and other liquid fuels as a share of product supplied (used as a proxy for consumption) have been one of the most watched indicators in ...
Tags: Service, Eliminate Oil, Energy
The NYMEX May natural gas futures contract continued to rise Thursday after the US Energy Information Administration's storage report showed an above-average draw, yet the data came in below analysts' expectations. As of 12:28 p.m. EDT ...
Tags: NYMEX, Gas, Storage Data
The NYMEX May natural gas futures contract bounced above the $4/MMBtu mark early Friday on heavy volume as traders continued to digest Thursday's bullish storage data, sources said. As of 10:12 a.m. EDT (1412 GMT), the contract was ...
Tags: NYMEX, Gas Bounces, Storage Rally
Destin Pipeline is seeking shipper interest in both existing and additional capacity on its natural gas transmission system in response to increaseing demand in Florida and additional capacity freed up by a drop in offshore production. ...
Tags: Destin Pipeline, gas, summer strip
US commercial crude stocks likely rose 2.5 million barrels in the reporting week that ended Friday, analysts polled by Platts said Tuesday. The American Petroleum Institute will release its weekly report at 4:30 p.m. EDT (2030 GMT), while ...
Tags: Crude Stocks, Petroleum, Chemicals