Market news

European distillate oversupply means some shippers take the long route around Africa

(Fri, 26 Feb 2016) In Europe, the combination of low winter heating demand, high refinery runs, and increased imports have kept distillate fuel oil inventories in the Amsterdam, Rotterdam, and Antwerp (ARA) area far above normal. Higher inventories have lowered distillate futures prices in the ARA area to a point where inventories are being held in floating storage and imported cargos are being diverted to longer voyages.

February 25, 2016 By 0 Comments Read more...

Canadian oil production expected to increase despite lower prices

(Thu, 25 Feb 2016) Despite lower crude oil prices, EIA expects Canadian oil production to continue increasing through 2017. Canadian oil sands projects that were already under construction when prices began to fall in 2014 and that are expected to begin production in the next two years are the main driver of production growth.

February 24, 2016 By 0 Comments Read more...

Economic Issues in the Coexistence of Organic, Genetically Engineered (GE), and Non-GE Crops

Two decades after genetically engineered seeds became available, GE varieties are common in U.S. corn, soybean, cotton, canola, and sugarbeet production. Markets for food containing non-GE ingredients also exist. This report examines organic and conventional product markets, common coexistence practices, and the economic impacts when GE material is detected in non-GE products.

February 24, 2016 By 0 Comments Read more...

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