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China's Apparent Oil Demand Posts Fastest Growth

Feb 2, 2016

China's apparent oil demand in 2015 grew 5.8% year on year to 11.11 million b/d, the fastest pace since 2011, despite the country's economy growing at the slowest rate since 1990, Platts calculations based on recently released official data ...

Tags: oil demand, fuel oil

US Refinery Margin Tracker: Unquenchable Gasoline Demand a Gift for US Refiners

Dec 15, 2015

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 ...

Tags: gasoline, diesel, ULSD

RBOB Crack Surges After EPA Finalizes Renewable Fuels Mandate

Dec 2, 2015

The unveiling of final renewable fuel requirements for US refiners ignited a rally in gasoline futures Tuesday, helping support the rest of the oil complex. The front-month gasoline crack, basis ICE Brent, reached $13.61/b Tuesday, its ...

Tags: RBOB, gasoline, Renewable Fuels

Feature: US EPA Decision on Rfs Looms Large for Ethanol, Gasoline Markets

Nov 25, 2015

When Congress announced the US Renewable Fuel Standard a decade ago the aim was to combat the growing need for foreign oil as well as increase the production and promotion of clean, renewable biofuels. As 2016 approaches, and the ...

Tags: Renewable Fuel, oil, gasoline

Singapore Cracking Margin at Widest in 32 Months on Firm Naphtha, Weak Crude

Nov 24, 2015

The Singapore cracking margin against Dubai crude rose to $7.46/b Monday, its widest in 32 months, supported by firmer light distillate cracks and weaker crude, Platts data showed. It has widened from $5/b on November 1, with much of the ...

Tags: Dubai crude, gasoline, sour crude

Soybean Stocks up Again

Feb 20, 2015

Despite smaller plantings, U.S. farmers will harvest the second-largest soybean crop and third-largest corn crops this fall, the Agriculture Department projected, with high demand whittling down the corn stockpile by 8 percent but soybean ...

Tags: Agriculture, Soybean

US Ethanol Stocks Shed 312,000 Barrels to a Four-Week Low of 16.99 Million Barrels

May 23, 2014

US ethanol stocks for the week ended May 16 shed 312,000 barrels to a four-week low of 16.99 million barrels despite a production rise of 3,000 b/d to 925,000 b/d, Energy Information Administration data showed Wednesday. The stocks draw ...

Tags: ethanol, Gulf Coast stocks

US Ethanol Stocks Firmed 162,000 Barrels to 17.302m Barrels on Higher Production

May 16, 2014

US ethanol stocks for the week ended May 9 firmed 162,000 barrels to 17.302 million barrels on higher production and imports, Energy Information Administration data showed Wednesday. Production in the week rose 28,000 b/d to 922,000 b/d ...

Tags: ethanol stocks, ethanol

China Is on a Long-Term Track to Be a Net Exporter of Petroleum Products to Middle East

May 16, 2014

China is on a long-term track to become a net exporter of petroleum products to the Middle East, a senior official of state-controlled China National Petroleum Corp said Tuesday. "China could at some point become a net exporter of fuel ...

Tags: Oil-Product, Oil Refineries

The Spread Between Asian Paraxylene and Benzene Fell to Its Lowest in More Than Nine Years

May 13, 2014

The spread between Asian paraxylene and benzene fell to its lowest in more than nine years on Thursday, where it was assessed at minus $104/mt, down $0.50/mt from the the day before, Platts data showed. The last time the spread was lower ...

Tags: Paraxylene, Benzene

US Ethanol Stocks for The Week Ended May 2 Fell 72,000 Barrels to 17.14 Million Barrels

May 9, 2014

US ethanol stocks for the week ended May 2 fell 72,000 barrels to 17.14 million barrels, while production dipped by 4,000 b/d to 894,000 b/d, Energy Information Administration data showed Wednesday. While the production decline had been ...

Tags: Ethanol Stocks, Lower Production

US Ethanol Stocks Moved up 566,000 Barrels to a Seven-Week High of 16.518 Million Barrels

Apr 25, 2014

US ethanol stocks for the week ended April 18 moved up 566,000 barrels to a seven-week high of 16.518 million barrels, despite a production dip of 29,000 b/d to 910,000 b/d, Energy Information Administration data showed Wednesday. While ...

Tags: Ethanol, gasoline pool

US Ethanol Stocks Fell 455,000 Barrels to 15.952m Barrels for The Week Ended April 11

Apr 18, 2014

US ethanol stocks fell 455,000 barrels to 15.952 million barrels for the week ended April 11, while production rebounded 43,000 b/d to a four-month high of 939,000 b/d, data from the Energy Information Administration showed Wednesday. The ...

Tags: Ethanol, ethanol stocks

Asian Contract Price for Paraxylene Are Seen to Come in at Around $1,050-1,100/Mt CFR

Mar 31, 2014

Counter bids for the April Asian Contract Price for paraxylene are seen to come in at around $1,050-1,100/mt CFR, sources close to the negotiations said Thursday. The four PX ACP sellers in Asia -- ExxonMobil, Japan's Idemitsu Kosan and ...

Tags: Paraxylene, PTA market, PTA producers

Overall US Ethanol Stocks Slumped 703,000 Barrels to 15.908 Million Barrels

Mar 14, 2014

US East Coast ethanol stocks for the reporting week ended March 7 slumped 294,000 barrels to an all-time recorded low of 4.565 million barrels, Energy Information Administration data showed Wednesday. Overall US ethanol stocks slumped ...

Tags: Ethanol Stocks, gasoline, gasoline demand

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