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Latin American crude grades hit lows, shipping trends shift
Shifting price relationships in Latin America means some crude grades are finding new market opportunities, both within the region and beyond....Read More »
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CHINA LPG: Prices rebound 11-22% on stronger demand, improving sentiment
The prices of both imported and domestically produced LPG rebounded in
East and South China this week, after falling 21-34% over the previous five
weeks, supported by increasing demand and improving sentiment, trade sources
said Friday, December 26.
Recent drop in US land drilling permits due to holiday, not prices: analysts
A recent decline in US land drilling permits is most likely the result of
holiday-related lulls, rather than sharply lower oil prices, analysts said
Sweet crude differentials to Brent tumble in Med despite Libya outage
Mediterranean sweet crude differentials to Dated Brent have pulled back
this week, despite the near-total suspension of crude exports from Libya, as
the ample supply of crude at the prompt continues to add weight to the market.