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17 августа, 08:01

Cheaper or greener: Colombia eyes US ethanol with trepidation

The availability of cheap ethanol has become a contentious issue in the United States. While American drivers may see the benefits of supplies from the most efficient ethanol producer on earth, meaning that the fuel in their car may be cheaper, for producers and farmers, lower prices are not always better. Brazil’s ethanol industry has […] The post Cheaper or greener: Colombia eyes US ethanol with trepidation appeared first on The Barrel Blog.

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16 августа, 08:01

China’s supply-side reform roiling metals markets

Some commentators and participants still question the extent of China’s supply-side reforms, but the effects — or the perception of the effects — are undoubtedly reverberating throughout the global steel and metals market right now. China’s net steel exports over January-July were down almost a third year on year at 40.16 million mt, aiding profitability […] The post China’s supply-side reform roiling metals markets appeared first on The Barrel Blog.

16 августа, 03:01

Neo-colonialist attitudes spark African ire: Energy Economist

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French President Emmanuel Macron may only have been in power for a couple of months, but his first statements on Africa have reawakened African fears of neo-colonialism. At the most recent G20 summit held July 7-8 in Hamburg, Macron seemed to refer to shortcomings in Africa’s “civilization.” While the new president was initially viewed as […] The post Neo-colonialist attitudes spark African ire: Energy Economist appeared first on The Barrel Blog.

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11 августа, 08:01

Fees, delays on Pemex open season puzzle Mexico’s gasoline market investors

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Pemex has yet to announce the next phase of its refined products logistics open season, which could be impacting investment decisions on new midstream projects in Mexico, according to sources. Mexico’s petroleum liberalization does not call for the sale of Pemex logistics assets. But the use Pemex’s existing pipeline and storage infrastructure is being auctioned […] The post Fees, delays on Pemex open season puzzle Mexico’s gasoline market investors appeared first on The Barrel Blog.

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10 августа, 08:01

Winter is coming … to narrow US gasoline spreads

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Perhaps the most confusing thing about US gasoline is all the changes various markets undergo. Requirements for the country’s most-used fuel change depending on the time of year and location, with markets in the same state often setting different standards. While the biggest factor is Reid Vapor Pressure (RVP), a measure of volatility, producers and […] The post Winter is coming … to narrow US gasoline spreads appeared first on The Barrel Blog.

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08 августа, 08:01

North Texas polyethylene packaging projects delayed until 2018

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Two North Texas joint ventures between resin packaging companies and railroads that aim to move some of the looming swell in US Gulf Coast polyethylene output to California for export have been delayed to 2018, the companies said. Last year Katoen Natie, a global logistics and distribution company, and Packwell, a plastics bagging and logistics […] The post North Texas polyethylene packaging projects delayed until 2018 appeared first on The Barrel Blog.

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07 августа, 07:01

Iraq may need to justify OPEC fudge: Fuel for Thought

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Iraq is compliant with neither the spirit nor the letter of the OPEC-led agreement to cut oil production from January 1 this year. The question is whether it should be. With OPEC and non-OPEC technical experts set to meet to discuss faltering conformity, OPEC’s second largest producer may feel more than justified in its position, […] The post Iraq may need to justify OPEC fudge: Fuel for Thought appeared first on The Barrel Blog.

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04 августа, 08:01

Texas approves higher truck weights at ports ahead of petrochemical export surge

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US petrochemical producers scored a big win from the Texas Legislature this year with a new law that allows trucks to move export-bound containers filled to the brim to Port Houston’s pair of container terminals. The law signed by Governor Greg Abbott in late May establishes a $6,000 annual permit for so-called “heavy haul” on […] The post Texas approves higher truck weights at ports ahead of petrochemical export surge appeared first on The Barrel Blog.

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03 августа, 08:01

Key commodity markets ho-hum so far during Trump term: Of Presidents and Prices

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President Donald Trump is quick to take credit for strong growth in the stock market, tweeting on Monday, July 31: “Highest Stock Market EVER, best economic numbers in years, unemployment lowest in 17 years, wages raising, border secure, S.C. [Supreme Court]: No WH chaos!” But another important asset class, hard commodities, has been mostly lackluster […] The post Key commodity markets ho-hum so far during Trump term: Of Presidents and Prices appeared first on The Barrel Blog.

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01 августа, 08:01

Narrow sweet-sour spread prompts Saharan Blend import into LOOP: In the LOOP

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The Louisiana Offshore Oil Port last week saw a rare tanker of light sweet crude, evidence of US Gulf Coast refiners looking to run more sweet crudes as a result of the narrower sweet-sour crude spread. Trafigura last week imported into LOOP 700,000 barrels of 44.3 API Saharan Blend on the tanker Cape Baxley. That […] The post Narrow sweet-sour spread prompts Saharan Blend import into LOOP: In the LOOP appeared first on The Barrel Blog.

31 июля, 07:01

North Field gas keeps Qatar crisis stalemated: Fuel for Thought

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The world’s largest gas field is at the nexus of a political stalemate between Qatar and three of its immediate Arab neighbors in the Persian Gulf region—Saudi Arabia, Bahrain and the UAE, along with Saudi ally Egypt. Qatar’s huge offshore gas and condensate field, known in that country as North Field, straddles its maritime border […] The post North Field gas keeps Qatar crisis stalemated: Fuel for Thought appeared first on The Barrel Blog.

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27 июля, 08:01

US propylene market faces long H2 as new capacity comes online

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The US propylene market is looking bearish for the second half of 2017 as a major capacity addition in the US Gulf Coast is expected to further lengthen supply and lead to more exports, which have already been on the rise. From January to April, the most recent month for which data is available, the […] The post US propylene market faces long H2 as new capacity comes online appeared first on The Barrel Blog.