MassiveIndustry

Amid the glut of gas saturating markets, and million of tonnes of additional gas green-lit to come on line in the next 5 years, competition among producers has ramped up significantly. Jamie McDuell analyses the impact of this phenomenal investment in both supply and transportation on the differentials between the key Japan Korea Marker (JKM) and UK National Balancing point prices.

Platts Ross McCracken takes a look at OPEC’s spare crude production capacity. Much has been made recently of the US’ new spare capacity, but OPEC’s role has also shifted, as he explains.

(Mon, 02 Nov 2015) The November 2015 Petroleum Marketing Monthly (PMM), with data through August 2015, presents monthly and annual price and volume statistics covering crude oil and refined products sales in the United States.
In this issue of the PMM, preliminary data show crude oil and refiner prices for finished petroleum products declined during August. U.S.-level Prime Supplier data show gasoline and No. 2 distillate sales fell month-on-month, but remained above year-ago levels.

The water pouring from the station’s ceiling on Wednesday was a reminder of the sorry state of America’s mass-transit infrastructure.