Asian benzene fell to $639/mt FOB Korea November 12 on weaker upstream crude prices; Latin benzene assessed November 6 at $622-$624/mt FOB Brazil, tracking US Gulf Coast pricing.
Platts editors analyze jet fuel/kerosene demand and prices in Asia as the region heads into a warmer-than-average winter season.
(Fri, 13 Nov 2015) Increases in North Dakota's crude oil production have resulted in increased associated natural gas production from oil reservoirs. Because of insufficient infrastructure to collect, gather, and transport this natural gas, about one-fifth of North Dakota's natural gas production is flared rather than marketed. North Dakota's Industrial Commission has established natural gas capture targets in an effort to reduce the amount of flared gas, and they recently issued a revision to the flaring targets in response to gas production growth.
Representative Bill Shuster disagrees with an editorial criticizing a transportation bill.
The steel industry doesn’t have much to cheer about these days. Some recent news items tell the tale, says Tom Balcerek.
We're speeding toward the end of 2015, which means that The Oil Big Five is increasingly focused on topics that could shape the global oil industry into 2016 and beyond.
Under the agreement, New York and New Jersey will split the other half of the project’s costs, which could total $20 billion.
(Thu, 12 Nov 2015) Although overall U.S. crude oil imports have been declining since 2005, crude oil imports from Canada have been increasing. As of August, Canada provided 45% of all crude oil imports to the United States, almost three times as much as all Persian Gulf countries combined.
The aluminum business could now be rocked by a scandal much closer to home.
This study investigates the effects of non-tariff measures (NTM)—specifically, sanitary and phytosanitary measures and technical barriers to trade—on agricultural trade between the United States and the European Union (EU). Along with tariff reduction, the removal of NTMs has emerged as a key focus of negotiations in the U.S.-EU Transatlantic Trade and Investment Partnership.
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