raders, marketers, producers and other stakeholders of the US biodiesel industry have converged on Tampa, Fla., this week for the 2016 National Biodiesel Conference to review the last year and look ahead to what 2016 brings.
(Thu, 28 Jan 2016) A number of recently completed and upcoming natural gas infrastructure projects are expected to increase the reach of natural gas produced in the Marcellus and Utica regions of the Northeastern United States. These projects are intended to transport natural gas from production centers to consuming markets or export terminals.
(Wed, 27 Jan 2016) Natural gas spot prices around the United States are often compared to prices at the Henry Hub in Louisiana. At trading points in and around the Marcellus and Utica plays in Pennsylvania, West Virginia, and Ohio, natural gas prices consistently trade below the Henry Hub national benchmark price. However, the difference between these pricing points and the Henry Hub has narrowed in recent months as new pipeline projects come online.
Iran's return will have far reaching implications for an already saturated crude oil market. Paul Hickin assesses the ongoing challenges facing Tehran as it seeks to ramp up output.
Spot iron ore was unchanged January 25 with demand quiet as buyers appeared to have completed restocking for the Lunar New Year period. Platts assessed the 62% Fe IODEX stable at $41.60/dry mt CFR North China.
Rather than striving for 2 million b/d, state officials are hoping to maintain production above 1 million b/d.
(Tue, 26 Jan 2016) A change to the North Sea Brent crude oil futures contract will alter the way prices for Brent futures are compared to futures prices for WTI crude oil. Beginning January 29, the Brent contract will expire, or rollover to the next month, approximately two to three weeks before expiration of the WTI contract for delivery in the same month. Prior to the change, the Brent contract rollover was only five to seven days ahead of the WTI rollover.
Platts editors assess the knock on effect of the crude price drop on several factors within the Black Sea grains market and the subsequent impact on global grains prices.
Iran's speed of re-integration into the global oil market is a million b/d question mark hanging over the industry.
(Mon, 25 Jan 2016) The average natural gas spot price at the benchmark Henry Hub for December 2015 of $1.93 per MMBtu was the lowest monthly average since March 1999. EIA's latest <em>Short-Term Energy Outlook</em> expects natural gas prices to rise, averaging $2.65/MMBtu in 2016 and $3.22/MMBtu in 2017. Expected price increases reflect consumption growth, mainly from the industrial sector, that outpaces near-term production growth.
