Russia's export of ESPO Blend crude loading from Kozmino port is fixed at 19 cargoes in May, the highest monthly figure since exports of the grade began in December 2009 and up from 17 in April. The increase is in line with the completion ...
Tags: Metallurgy, Mineral, Energy, oil
Ratings agency Moody's expects US refiners to increase investments in renewables blending and infrastructure if federal renewables targets are not lowered. "In the absence of any EPA waivers to meeting the renewable fuel requirements, we ...
Prices for 2012 and 2013 US ethanol renewable credits, also known as RINs, on Monday fell to their lowest levels in March on slowing demand from obligated parties, sources said. On Monday, 2012 and 2013 ethanol RINs were assessed at 57.5 ...
Tags: Ethanol Rins, Slowing Demand, Chemicals
A third key congressional committee has entered the debate over the Renewable Fuel Standard, calling for comment on a series of questions and issuing a "white paper" detailing concerns about the biofuels mandate and some of the proposed ...
Tags: Chemicals, Metallurgy, Mineral, Energy, Renewable Fuel
Crude futures settled higher Thursday, with the ICE April Brent contract bouncing off Wednesday's 2013 lows to expire 90 cents higher at $109.42/barrel. The May contract settled up 72 cents at $108.96/b. NYMEX April crude closed US ...
Tags: Crude futures, crude, crude industry
Northwest European Urals is at its narrowest discount to North Sea Forties crude so far in 2013 as emerging buying interest in the Russian medium, sour grade sent its values soaring, market sources said Wednesday. This comes just eight ...
Tags: crude demand, refiners, oil
US commercial crude stocks are expected to have increased by 2.3 million barrels for the reporting week ended March 8, analysts polled Monday by Platts said. The American Petroleum Institute will release its weekly report at 4:30 p.m. EDT ...
Tags: refinery, crude oil imports, crude oil
Prices for renewable fuel credits cracked the $1 barrier Friday and RBOB prices settled sharply higher as the war of words over who is to blame for skyrocketing credits prices also escalated. The price for the traded Renewable ...
Tags: renewable fuel, skyrocketing credits prices, RBOB price
A number of positive signs are starting to emerge regarding the U.S. economy, but there remain political and global headwinds that could slow growth, according to a new report. The Manufacturers Alliance for Productivity and Innovation ...
Tags: Manufacturers, Manufacturing production, Manufacturing
US commercial crude stocks failed to fall for the sixth straight reporting week data from the Energy Information Administration showed Wednesday, climbing 1.13 million barrels over the week ended February 22 to 377.518 million barrels, ...
European solvents producers are under pressure to increase prices due to the drop in the value of the euro against the dollar despite poor-to-stable demand, sources said this week. In some cases, firm feedstock prices for most of February ...
Tags: NWE, European solvents, Chemicals
Styrene's premium to its feedstock benzene rose to its highest in four months in the Northwest European market, Platts data showed. The premium was assessed at $346/mt at Friday's close, mainly due to falling benzene prices. The premium ...
Tags: styrene, benzene, Styrene's premium
Japan's JX Nippon Oil & Energy sold a total 44.04 million kiloliters, or 1.01 million b/d, of oil products in the domestic market over April-December 2012, up 5.3% year on year, JX Holdings, the parent company of the largest Japanese ...
The full US Court of Appeals for the District of Columbia Circuit on Tuesday said it would not reconsider an August decision by a three-judge panel of the court that tossed out a key challenge to the Environmental Protection Agency's ...
Tags: gasoline, Columbia Circuit, American Fuel&Petrochemical
The Northwest European naphtha discount to Eurobob gasoline has hit its widest in three months, due to weak naphtha demand for petrochemical use, traders said. At Friday's European close, CIF NWE naphtha cargoes were assessed at ...
Tags: naphtha, Eurobob gasoline, petrochemical use