Por: MarketWatch Business November 07, 2023
Downward momentum was started by the Brent contract, which dropped through support levels and the previous low of $83.55 (Oct. 6). Heading into midday, front-month Brent was trading at $82.39/bbl, the cheapest price since Aug. 24 and a decline of $2.79 trading near the lows of the day. According to a recent note for clients from ICAP technical analyst Walter Zimmerman, the typical seasonal peak-to-trough in Brent is a 27% decline, which would... + full article
MarketWatch USA Business November 07, 2023
As a fuel marketer, the company ranks 15th in U.S. store brand market share based on fleet transactions at 1.79% and 13th by visit count at 2.49%, according to OPIS MarketSharePro. In the Midwest, Casey's ranks first based on fleet transactions at 16.31% and in visit counts... + más
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MarketWatch USA Business August 25, 2023
The Moerdijk site produces 550,000 metric tons/year of styrene and 250,000 mt/year of propylene oxide, according to data from Chemical Market Analytics (CMA) by OPIS, a Dow Jones company. Attempts are underway to restart POSM operations from next week, one market source said.... + más
BASF to Cut 2,600 Jobs After a Year of High Energy Costs | The New York Times
Mexico's President Unlikely to Do More to Boost Pemex Market Share, Sources Say -- OPIS | MarketWatch
MarketWatch USA Business August 24, 2023
Market participants said Pemex has been able to regain market share, particularly this year, through its independent fuel marketing subsidiary MGC, which was selected as Pemex's first strategic customer and was provided with maximum bulk discounts across the country.... + más
Pemex Shuts Key Refined Products Pipeline From U.S. -- OPIS | MarketWatch
MarketWatch USA Business April 20, 2023
But at least three market sources have told OPIS that the line has been shut for about two months and a source close to the company said operations are unlikely to resume in the short term. Pemex restarted the 55,000 b/d line in December after closing it in 2019 to prevent fuel... + más
Forbes USA Business April 04, 2023
Getty Images/iStockphoto The creation of the WTI Crude Oil futures contract 40 years ago was a leap of faith. Not everyone believed it would succeed, let alone become the key global benchmark that it is today. Industry veteran Thomas McMahon, who was there from day one, saw it... + más
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