Browse tag

crude oil

Home / Posts Tagged "crude oil"

Latest Posts

TOCOM HITS 8-MONTH HIGH

  NEGOTIATOR’S TAKE: Higher Rubber costs mean upward price pressure on tires, industrial hoses, etc.   04.12.16 – Tokyo Benchmark Tokyo rubber futures extended gains to hit an 8-month high on Tuesday as firmer prices of oil and other commodities

U.S. OIL WILL LIKELY SLIDE TO $30

NEGOTIATOR’S TAKE: Lubricants, plastics and transportation are all candidates for price reduction.     Toward prices not seen since the last financial crisis As U.S. oil fell to a six-year low below $41 a barrel on Wednesday, an increasing number

KEY TO U.S. ETHYLENE PRICE DROP

NEGOTIATOR’S TAKE:  North American producers have a huge cost advantage for plastic products made from Ethylene.  You might want to re-think sourcing from China. Now that the US has surpassed Saudi Arabia as the top crude oil and natural gas producer,

Crude oil: is the US about to lift its export ban?

The US government has moved towards lifting a 40-year ban on oil exports by allowing two companies to sell ultra-light oil to foreign buyers. Pioneer Natural Resources and Enterprise Products Partners have been told by the Bureau of Industry and

Why Abundant Oil Hasn’t Cut Gasoline Prices

Without realizing it, U.S. drivers are competing for American-made gasoline with consumers in Latin America and Asia, where demand is rising. “Americans don’t think about their prices being impacted by a global market,” says Morse. “The American public just thinks

Commodities Erase 2012 Gain on Global Economic Woes

Commodities declined, erasing this year’s advance, on speculation that demand for energy, industrial metals and some agricultural products will slump because of the sluggish global economy. Cotton futures fell the most in 10 weeks, and crude oil dropped to the

U.S. Oil Boom Falls Short of the Pump

Gasoline prices currently average nearly $4 per gallon nationwide. Rising U.S. crude production may seem like an attractive antidote, but it is proving ineffective on its own at a time when the world’s appetite for energy remains voracious and Middle

Oil Plunges 4% as Part of Broader Commodities Rout
Commodities Erase 2011 Gain on Faltering Recovery
US ethylene margins fall nearly 4% on weaker spot prices

US ethylene spot prices fell sharply during the week ended 15 April, dropping by 10% to 58.50 cents/lb in one day on pressure from lower ethane and crude oil prices early in the week. US ethylene margins fell by nearly