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US Fuel Oil Hi-Lo Below $1/B on Mild Northeast Temperatures

Dec 18, 2015

The US fuel oil hi-lo, the spread between US Atlantic Coast 1%S fuel oil and US Gulf Coast 3%S fuel oil, fell below $1/b Thursday for the first time since October on an expected lack of demand for power generation. Platts assessed USAC ...

Tags: Fuel Oil, gas

Nymex January Natural Gas Settled at $1.990/Mmbtu, Down 2.5 Cents

Dec 15, 2015

The NYMEX January natural gas futures contract settled at $1.990/MMBtu Friday, down 2.5 cents. A prompt-month contract has not settled lower since reaching $1.975/MMBtu on April 24, 2012. The fall in the January contract comes as the ...

Tags: Natural Gas, temperatures, prices

NYMEX December Natural Gas Rises 10.2 Cents on Storage Report

Nov 6, 2015

NYMEX December natural gas futures settled 10.2 cents higher at $2.364/MMBtu Thursday on the back of a bullish storage report. The US Energy Information Administration announced a 52-Bcf storage injection for the week ended October 30, ...

Tags: NYMEX, Natural Gas

Natural Gas Demand in Italy in March Fell by 24% Year on Year to 6.026b Cubic Meters

Apr 18, 2014

Natural gas demand in Italy in March fell by almost 24% year on year to 6.026 billion cubic meters, gas and power exchange manager GME said Tuesday. GME said power plant demand fell by 33% to 1.276 Bcm, one of the "strongest decreases ...

Tags: Natural gas, Gas Demand, Heating demand

Prompt Prices on The UK's NBP Gas Trading Hub Fell

Mar 18, 2014

Prompt prices on the UK's NBP gas trading hub fell Friday morning as the system saw a large supply surplus and warm, sunny weather expected for the weekend should further cut heating demand. "The system was the longest I've seen it," one ...

Tags: gas storage, Oversupply

Japan's LNG Imports in Jan Rose 1.2% From DEC to 8.18 Million Mt,Fell 0.8% Year on Year

Mar 4, 2014

Japan's LNG imports in January rose 1.2% from December to 8.18 million mt but fell 0.8% year on year, data released Thursday by the Ministry of Finance showed. Australia was the largest supplier with 1.73 million mt of LNG, up 10.4% year ...

Tags: LNG Imports, Chemicals

Gulf Coast Propane Prices Continued to Hold a Premium Over Midcontinent Product Wednesday

Feb 24, 2014

Gulf Coast propane prices continued to hold a premium over Midcontinent product Wednesday as the market stabilizes into its traditional price relationship. Propane at Mont Belvieu, Texas, was assessed at $1.555/gal on Wednesday while ...

Tags: Propane, Gulf Coast

Platts Margins Reflect The Difference Between a Crude's Netback and Its Spot Price

Feb 10, 2014

Platts margins reflect the difference between a crude's netback and its spot price. Netbacks are based on crude yields, which are calculated by applying Platts product price assessments to yield formulas designed by Turner, Mason & Co. ...

Tags: Gas, Refining Margins

The Estimated Production Margin for a Typical US Midwest Dry-Mill Ethanol Plant Dropped

Jan 7, 2014

The estimated production margin for a typical US Midwest dry-mill ethanol plant for the week ended Friday dropped 13.58 cents, or 12.47%, to a seven-week low of $0.9535/gallon, a review of US Department of Agriculture and Platts data ...

Tags: Ethanol Output, Chemicals

China's Coal Output and Sales for The Past 10 Months Are Stabilizing

Dec 10, 2013

China's coal output and sales for the past 10 months are stabilizing, with the price of coal rising, according to the China National Coal Association (CNCA). National coal production slipped 0.3 percent year-on-year for the past 10 ...

Tags: Coal, Metallurgy, Mineral, Energy

A Wide Price Is Making Propane an Attractive Petrochemicals Feedstock in Northwest Europe

Aug 27, 2013

A wide price spread between naphtha and cheaper propane is making propane an attractive petrochemicals feedstock in Northwest Europe. When heating demand is low during the summer large quantities of North Sea propane are used by the ...

Tags: Propane, Chemicals

Much of The Year-to-Date Increase in Gas Prices Was Erased

Aug 21, 2013

The recapture of power generation demand from coal and expectations for an early start to the US heating season could prompt a pre-winter rally for natural gas prices by October, BNP Paribas said Friday. Much of the year-to-date increase ...

Tags: Gas, Metallurgy, Mineral, Energy

China's Net Oil Imports Are Very Likely to Exceed Those of The US by October This Year

Aug 15, 2013

China's net oil imports are very likely to exceed those of the US by October this year on a monthly basis and by 2014 on an annual basis, making China the largest net oil importer in the world, the US Energy Information Administration (EIA) ...

Tags: Net Oil Importer, imported oil

The Asian LPG Paper Market Flipped to a Slight Contango for The First Time

Jul 5, 2013

The Asian LPG paper market flipped to a slight contango for the first time since August last year Wednesday, on active selling of August Saudi Aramco propane Contract Price swaps, market sources said Thursday. If the structure steepens ...

Tags: LPG Market, Chemicals

Industrial Production in The US Decreased 0.5 Percent in April

May 17, 2013

Federal Reserve data Wednesday showed that industrial production in the US decreased 0.5 percent in April, following a 0.3 percent increase in March and a 0.9 percent improvement in February. Manufacturing output moved down 0.4 percent in ...

Tags: US, Industrial Production, Metallurgy, Mineral&Energy

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