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
The Northwest European benzene market tumbled to a 15-week low of $1,335.5/mt Tuesday on a combination of weak downstream demand, upcoming derivatives turnarounds, a closed arbitrage to the US, as well as persistently high inventories, ...
Tags: benzene, US, Platts data
The Northwest European March benzene contract price has been fully settled at Eur1,054/mt, or $1,380/mt, CIF ARA, industry sources confirmed Friday. The settlement represents an increase of Eur14/mt and a decrease of $28/mt compared ...
Spot prices for barge lots of butane loading in the Amsterdam-Rotterdam-Antwerp area have gained support from petrochemical demand, according to industry sources. Surplus butane from ARA refineries can be absorbed into the MTBE, gasoline ...
Tags: ARA Butane, Petrochemical Demand, Chemicals
Today, the Automotive Recyclers Association (ARA) officially announced that its subsidiary, ARA Product Services LLC has reached an agreement with Alteso Group of Companies (Langhorne, PA) to provide ARA members and ARA affiliated state ...
Tags: Automotive Recyclers Association, online auction platform, US
Total traded volumes of OTC and exchange-cleared financial coal derivatives in January fell 31% year on year to 181.454 million mt, according to data published Monday on the London Energy Brokers' Association website. The figure is 49% ...
Tags: OTC, Coal Derivatives, Chemicals
The European-delivered thermal coal market traded at its highest level in over two months Wednesday afternoon as sources said that the market is finally reacting to tightening supplies following the ongoing disruption in Colombian exports. ...
Tags: coal market, Metallurgy, Drummond coal
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
Benzene's premium to feedstock naphtha slid to its lowest in the Northwest European market since October 18, breaching the psychologically important $400/mt mark for the first time since mid-November to be assessed at $379.75/mt at ...
Goulburn Mulwaree (NSW) Mayor Geoff Kettle welcomed close to 100 local and interstate visitors to an open forum designed to inform attendees on the many benefits that a high-speed rail and efficient rail freight network could bring to ...
Tags: high-speed rail, efficient rail freight network, Australia
The Australian Retailers Association (ARA) said the 0.2 per cent month on month drop in December retail trade reported by the Australian Bureau of Statistics would be disappointing to retailers who were hoping for a boost in sales over the ...
Tags: Australian Retailers, ARA, Office Supplies
The Northwest Europe MTBE factor, the relative price of MTBE to gasoline, fell Thursday to its lowest level since November 21, 2012 on weakened export demand and a switch in focus to non-oxygenated gasoline blends, according to industry ...
Tags: gasoline, MTBE, non-oxygenated gasoline
The premium for 50 ppm gasoil barges in the Amsterdam-Rotterdam-Antwerp region has fallen to its lowest level since Platts began assessing it on January 4, 2011 as German demand for heating oil remains unseasonably low. The FOB ARA 50 ...
Tags: gasoil barges, heating oil, Amsterdam-Rotterdam-Antwerp
Originally budgeted for $319m and promised to open in 2009, the Southern Sydney Freight Line is finally open at a cost of $1b, allowing container trains 24-hour access to Port Botany and unhindered passage for Brisbane-Melbourne freight ...
Tags: Southern Sydney Freight Line, freight trains, logistics
The Northwest European styrene monomer/benzene spread has almost tripled in a month, widening $177.50/mt to $276.50/mt Wednesday, Platts data showed. The spread was $99/mt on December 17. While styrene spot values have declined ...
Tags: Northwest Europe, styrene monomer, benzene