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Oil Prices Rise Amid More China Imports

Aug 11, 2015

Oil prices gained Monday as data showed China imported more crude in July. China imported 30.71 million tons of crude in July, up 29 percent on year to a record high, according to the data released Sunday by General Administration of ...

Tags: crude oil, Oil prices

2015 US Cotton Crop Projects at 14.5mn Bales, Unchanged Since May and 11% Below 2014 Crop

Jul 24, 2015

According to the latest USDA report, the 2015 US cotton crop is projected at 14.5 million bales, unchanged since May and 11 per cent below the 2014 crop. “Despite a decrease in planted area reported in the June acreage report, ...

Tags: cotton crop, cotton

Domestic Demand for Propane and Propylene in The US Declined 30% Last Week

Jun 6, 2014

Domestic demand for propane and propylene in the US declined 30% last week, Energy Information Administration data showed Wednesday. At the same time, US propane and propylene stocks increased by 3.686 million barrels to 45.77 million ...

Tags: Propane, Propylene

US Propane and Propylene Stocks Increased 2.17 Million Barrels

Jun 3, 2014

US propane and propylene stocks increased 2.17 million barrels in the reporting week that ended May 23, Energy Information Administration data showed Thursday. A week earlier, the build was almost identical at 2.18 million barrels. The ...

Tags: propane, propylene stocks

The Fuel Oil Spread Narrowed to 6.668m Barrels, The Tightest Spread Since January

Apr 24, 2014

The fuel oil inventory spread between the US Gulf Coast and Japan narrowed to 6.668 million barrels, the tightest spread since January, comparison of recent data shows. BNP Paribas said in its weekly oil inventories report, published ...

Tags: Fuel Oil, US Gulf Coast

The Northwest European April Benzene Contract Price Has Been Fully Settled at Eur1,019/Mt

Apr 3, 2014

The Northwest European April benzene contract price has been fully settled at Eur1,019/mt or $1,402/mt CIF ARA, market sources said Tuesday. The settlement represents an increase of Eur16/mt and $32/mt from the March contract price of ...

Tags: benzene, spot prices

US Stocks Edged Higher as Investors Shrugged off Weaker-Than-Expected on Job Growth

Aug 5, 2013

US stocks edged higher, capping the Dow average's sixth-straight weekly advance, as investors shrugged off a weaker-than-expected reading on July job growth. Treasury prices rallied, as the muted payroll report spurred demand for ...

Tags: economy

September Brent/WTI Spread Narrowed to 84 Cents/b -- a Level Not Seen Since November 2010

Jul 23, 2013

The front-month Brent/WTI spread narrowed Thursday to its lowest level in more than 20 months, dropping under $1/barrel as NYMEX crude broke above resistance levels on recent stock drops and an equities euphoria. The September Brent/WTI ...

Tags: Prompt Brent, Chemicals

Australian Dollar Weakened Slightly After IMF Warned of Prolonged Growth Slowdown in China

Jul 11, 2013

THE Australian dollar weakened slightly after the International Monetary Fund warned of a prolonged growth slowdown in China. At 6.30am AEST the local unit was trading at 91.79 US cents, down slightly from 91.83 cents at yesterday's local ...

Tags: economy

US Stocks Rose as Investors Weighed Jobs Data Against Political Turmoil

Jul 5, 2013

US stocks rose as investors weighed better-than-expected jobs data against political turmoil in Portugal ahead of a key jobs report due Friday. The Dow Jones Industrial Average rose 56.14 points, or 0.4 per cent, to 14,988.55, in a quiet ...

Tags: Jobs Data, data, jobs

US Stocks Pushed to Highest Levels as Investors Await Fed Move on Stimulus

Jun 19, 2013

US stocks pushed to the highest levels in nearly three weeks as investors await news on whether the Federal Reserve will pull back on its stimulus measures. Small-company stocks were among the best performers in Tuesday's rally, with the ...

Tags: US Stocks, Investors

Australian Share Market Closed Strongly, Posting Biggest Gain in Single Day

Jun 14, 2013

The Australian share market has closed strongly, posting its biggest gain in a single day so far this year. Strong overnight gains in US stocks after positive retail and jobless data and reports suggesting stimulus measures there were not ...

Tags: Stock Market

US Stocks Opened Higher After Government Data Said The US Economy Added 175,000 Jobs

Jun 11, 2013

US stocks opened higher after government data said the US economy added 175,000 jobs in May. Ten minutes into trade, the Dow Jones Industrial Average was up 49.87 points, or 0.33 per cent, to 15,090.49 The broad-based S&P 500 put on ...

Tags: Serviceeconomy

Australian Dollar Is Lower After Heavy Falls on Wall Street

Jun 3, 2013

The Australian dollar is lower after heavy falls on Wall Street on Friday night. At 6.30am AEST, the Australian dollar was trading at US96.18c, down from US96.41c on Friday. The currency weakened on Friday night as the US stock market ...

Tags: US Stocks, Australian Dollar

NYMEX July Crude Settled Down $1.88/B at $93.13/B

May 31, 2013

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

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