Archives for 2018
Oil drops amid contradictory estimates for U.S. crude stockpiles
Oil fell as traders weighed contradictory assessments of U.S. crude inventories before the release of government data later Wednesday. Source: FuelFix
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It’s goodbye to supertanker u-turns on the high seas
One of the more lucrative opportunities in global commodities markets is about to get a little bit trickier. What might best be described as detour trades — ships switching destinations to profit from higher cargo...
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U.S. business group warns on 'scorched earth' Russia sanctions
Proposals now under consideration in Congress to expand U.S. sanctions on Russia’s big state banks could cause major turmoil for global energy supplies, an American business group warns. Source: FuelFix
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US trade balance of fuel shifts from imports to exports
The trade gap for energy products in the United States has narrowed over the past decade as the nation has shifted from importing oil and other fuels to exporting fuels to other countries. Source: FuelFix
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Trade war expected to curtail U.S plastics exports to China
U.S. plastics shipments to China are expected to slide next year amid an escalating trade battle between the two countries, curtailing export opportunities for Gulf Coast petrochemicals producers. Source: FuelFix
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