The ratio of the Gulf Coast normal butane assessment to the front-month NYMEX crude contract is at 57.9% Friday morning, the lowest level since late 2008, Platts data showed, in part due to the deployment summer gasoline specs. The ratio, ...
Tags: USGC, normal butane prices
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
Fixtures for shipments of more than 190,000 mt of heavy naphtha bound for Asia from the US Gulf Coast show that the arbitrage window has reopened to meet firm demand from Asia, trade and shipping sources said Friday. It marks the second ...
Tags: Metallurgy, Mineral, Energy, gasoline market
European mixed xylene prices were under downward pressure from the sharp correction in Asian and US mixed xylenes prices. Market sources said European isomer-mixed xylenes were trading at $1,290/mt FOB ARA, down $10 from Platts' March 15 ...
The FOB Singapore cash differential to the Mean of Platts Singapore assessment for 180 CST high sulfur fuel oil widened to a near six-month high Monday, on increased demand for 180 CST as a cutter stock amid heavy refinery maintenances in ...
The US Gulf Coast-Asia arbitrage for isomer-grade mixed xylenes on paper does not appear to be re-opening any time soon, as arbitrage economics continued narrowing, plunging to a five-month low Tuesday, Platts data showed. "The US-Asia ...
Tags: Asia arbitrage, Chemicals, USGC
A new pipeline connecting Colonial Pipeline's system and Buckeye Pipe Line system at Paulsboro, New Jersey, that will begin pumping products this month will enable refined products from the US Gulf Coast to be piped to eastern Pennsylvania ...
Tags: pipeline, Colonial Pipeline, uckeye Pipe Line, pumping products
US Gulf Coast premium gasoline differentials spiked Monday as Colonial Pipeline's 6th shipping cycle deadline loomed, leaving traders scrambling to cover short positions. During the Platts Market on Close assessment process, Lukoil bought ...
Tags: US Gulf Coast, gasoline, gasoline industry
US Gulf Coast premium gasoline differentials fell Thursday amid thin buying interest, as spot demand for the fuel remained weak despite an upward move in the underlying NYMEX February RBOB futures basis. The 13.5 RVP premium gasoline ...
Tags: US, gasoline, gasoline differentials
Limited jet availability in the US Gulf Coast market sent differentials up nearly 4 cents Thursday on both the Gulf and Atlantic coasts. Platts assessed Gulf Coast jet fuel at the NYMEX January heating oil futures contract minus 1.50 ...
Atlantic Coast ULSD differentials fell modestly Tuesday, and have not risen for the past six trading days as it narrows the spread to heating oil. Platts assessed Atlantic Coast ULSD for Buckeye Pipeline at the NYMEX January heating oil ...
Tags: Atlantic Coast ULSD, Heating Oil, assessment
The Atlantic Coast ULSD differential surged Thursday, with most of the runup occurring during afternoon trading. Platts assessed Atlantic Coast ULSD for Buckeye Pipeline at the NYMEX January heating oil futures contract plus 8.75 ...
US ethylene contracts for November have been seen settling 2 cents lower than October, cutting the net transaction price to 45.25 cents/lb, market sources said Tuesday. The decrease is the second in the last five months, bringing the ...
Tags: ethylene, Platts data, ethylene price