Por: MarketWatch Business December 07, 2023
London-based February ICE Brent crude oil was 10 cents lower at $74.20/bbl, and March Brent also fell by a similar amount to $74.35/bbl. Refined product futures were slightly lower. January NYMEX RBOB was down about 2 cents at $2.0105 a gallon, and February RBOB slipped 1.70 cents to $2.0170/gal. January ULSD eased 0.5 cent to $2.5710/gal, and February ULSD inched higher by 0.15 cent to $2.5390/gal. Around noon, the dollar index dropped about... + full article
MarketWatch USA Business December 07, 2023
London-based February ICE Brent crude oil was 10 cents lower at $74.20/bbl, and March Brent also fell by a similar amount to $74.35/bbl. Refined product futures were slightly lower. January NYMEX RBOB was down about 2 cents at $2.0105 a gallon, and February RBOB slipped 1.70... + más
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MarketWatch USA 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... + más
Mexico's President Unlikely to Do More to Boost Pemex Market Share, Sources Say -- OPIS | MarketWatch
MarketWatch USA Business September 01, 2023
Bets that Saudi Arabia will extend its voluntary production cut into October, as well as reports that Russia will announce details of a deal with OPEC+ to reduce oil supplies have helped the market “lean bullish into the end of the month,” said Denton Cinquegrana, chief oil... + 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
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
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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