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
The Trans-Atlantic gasoline arbitrage reopened Tuesday on the heels of stronger prices in both the Northwest Europe and US East Coast markets. Platts assessed the Eurobob barge at $469.25/mt, or $1.3412/gal, while RBOB cargoes delivered ...
Tags: gasoline, Mediterranean gasoline
China's appetite for imported naphtha has grown since the start of the year on the back of strong demand from petrochemical producers, market sources and traders said this week Imports of the petrochemical feedstock over January-April ...
Tags: Imported Naphtha, Naphtha
More toluene contracts for June in Northwest Europe have been agreed at a range of $1,111-1,115/mt FOB NWE, according to three consumers. The settlements represent a small decrease from the previous month's settlements of ...
Tags: Toluene, gasoline market
US crude stocks rose 1 million barrels last week, just over half of what analysts were expecting, as a drop in refinery run rates was partly offset by a decrease in US imports, according to data released Thursday by the US Energy ...
Tags: Crude Stocks, Chemicals
LyondellBasell Industries announced earnings from continuing operations for the third quarter 2013 of $1.51 diluted earnings per share or $854 million. Third quarter 2013 EBITDA was $1,531 million. Third-Quarter 2013 Highlights - ...
Tags: LyondellBasell Industries, Textile
Booming diesel-fuel use in Europe and Latin America is paying off for U.S. drivers, as gasoline prices fall to a nine-month low. October supplies of gasoline are at a three-year high for that month, but refiners are still running at high ...
Tags: Metallurgy, Mineral, Energy, diesel-fuel
European light ends outright values reached six-month highs, tracking rising crude values, as prices soared amidst growing tensions in Syria. "It's rallying with the crude," said one source, referring to the strengthening of the Northwest ...
Tags: oil, Metallurgy, Mineral, Energy
European benzene's premium to naphtha slipped to a 3.5-month low at the end of last week as benzene failed to keep pace with strengthening upstream markets. The spread between spot benzene and its feedstock naphtha was assessed at ...
The backwardation between FOB Amsterdam, Rotterdam Eurobob gasoline barges and the August FOB Rotterdam Eurobob swap was assessed at $21/mt Monday, the widest since November 22, 2012, Platts data shows, tracking RBOB futures, sources said. ...
Tags: Gasoline Prompt, Chemicals
Gasoline cracks have plunged in the wake of recent data from the US Energy Information Administration showing unseasonably high gasoline inventories across the country, particularly in the East Coast. The NYMEX August RBOB crack spread ...
Tags: Chemicals
The Mediterranean gasoline July cargo swap has risen to a premium to the July Eurobob barge swap, as lack of availability of prompt cargoes in the Mediterranean supports the market, trading sources said Wednesday. The bullish ...
Tags: Metallurgy, Mineral, Energy, Chemicals
Gasoline stocks in the Amsterdam-Rotterdam-Antwerp region fell 15.9% week on week in the seven days to May 16, according to a report by BNP Paribas released Friday. Stocks fell by 1.5 million barrels to 7.8 million barrels, and were 3.2% ...
Tags: Chemicals, Metallurgy, Mineral, Energy
The Mediterranean gasoline cargo market has strengthened to a $8.50/mt discount to the Northwest European Eurobob barge market, the narrowest discount since March 22, Platts data shows, following demand into North Africa and potential flows ...
The June Northwest European-US Atlantic arbitrage swap has risen since market close Friday due to a higher NYMEX RBOB market, increasing the possibility of exports from Europe heading to the Atlantic coast, market sources said Monday. ...
Tags: June NWE-USAC, Gasoline