Major Chinese trader PetroChina Singapore has leased fuel oil storage tanks at Port Klang, Malaysia, with intentions to develop that hub into a bunker fuel supply outlet, said trade sources Thursday. Fuel oil storage capacity at the Port ...
Tags: PetroChina, fuel supply, Fuel oil
A weak crude complex which has seen futures values drop to multi-year lows is only adding to an already depressed Amsterdam-Rotterdam-Antwerp spot propane market, where demand has failed to benefit from any increase in end-user heating ...
Tags: Weak Crude, temperatures, propane
Unseasonably strong gasoline demand is proving for US refiners to be the gift that keeps on giving this holiday season, as support from seasonal diesel demand is tamped down by record high temperatures across much of the US. Gasoline ...
With colder temperatures finally hitting much of the northern US last week, many in the oil market will have their eyes on US distillate stocks when the US Energy Information Administration releases its weekly inventory data Wednesday. ...
The water levels on the Rhine hit critically low levels this week, which threatened to send the cost of transporting and handling a range of oil and chemicals even higher after several months of rising costs. Freight and logistics costs ...
Tags: Rhine, transporting, Oil, Petchem
The strike by pilots and tugs in the Greek port of Piraeus was extended by another 48 hours Wednesday, which kept barge loadings from refineries suspended for the third consecutive day. "Until further notice, the strike continues today ...
Tags: high sulfur fuel oil, gasoil, refiner
Crude oil shipments by Kirby's inland barge fleet continued to slide in the third quarter of 2015, as did the price that transporting those volumes can command, executives said during the company's Q3 earnings call Thursday. Kirby moved ...
* Stocks climb at EMO Dry Bulk Terminal and OBA Bulk Amsterdam * Low Rhine river levels impact barging from ARA ports Four delivery terminals in Northwest Europe's Amsterdam-Rotterdam-Antwerp trading hub had combined coal stocks of ...
Regions of Origin for Exported Chinese Products in 2014 HS Code Product 2014 Export Sales (USD) YoY Ratio 8517 Electric app for line telephony,incl ...
Tags: alloy steel, hollow drill bars
A group of bipartisan business and government leaders released a report Friday that looks at the economic effects climate change is likely to bring to the Midwest, including the region’s farmers, and concludes that in some of the ...
Tags: climate, noon webcast, Agriculture
Truckers are making more frequent trips to U.S. coal-burning power plants because of a U.S.-wide rail bottleneck situation which has forced some of the plants to turn to trucks and barges for coal transportation. “We have been ...
Tags: Truckers, Coal-Transport Business
Indonesia, the world's largest exporter of thermal coal, plans to build 14 dedicated coal terminals in the islands of Kalimantan and Sumatra in a bid to curb illegal coal exports, a government official said Monday. Around 50 million-60 ...
Tags: thermal coal, coal terminals
The US imported the most jet fuel for the month of March in five years, pulling more barrels than usual from the other side of the world, US Energy Information Administration data showed Thursday. The US imported 2.81 million barrels of ...
Tags: Jet Fuel, regular shippers
The European premium of ETBE over MTBE -- two gasoline components -- hit a two-and-a-half-year high of $166/mt Tuesday, as imports from Brazil fell, according to market sources. Platts assessed ETBE barges for spot delivery at $1,277/mt ...
Tags: gasoline, spot market
The fuel oil hi-lo spread -- the premium of 1% FOB NWE cargo swaps over 3.5% FOB Rotterdam barges -- has moved above $60/mt for the first time since April 1 on supply worries, sources said Thursday. The physical hi-lo was assessed at ...
Tags: Fuel Oil, physical hi-lo