Prices - PetroChemical

Shell Chemical Appalachia Will Build Petrochemical Complex In Pennsylvania

Polyethylene is a plastic used in many products, from food packaging and containers to automotive components. Ethane, a natural gas liquid, is the U.S. chemical industry's main feedstock.


Frac Spread: Can President Make NGL Prices Great Again?

During the Obama years, NGL prices recovered from the Great Recession.


PHMSA Passes Rule Boosting Safety On Oil, Refined Product Lines

The U.S. Pipeline and Hazardous Materials Safety Administration (PHMSA) said on Jan. 13 it has passed a rule to boost safety requirements on the country's oil and refined products pipelines.


China's December Crude Imports, Fuel Exports Hit Record

China's crude oil imports jumped to a record high in December as refiners stepped up purchases ahead of a possible OPEC deal to cut supply and bolster prices, and as more independent refiners won import permits, Reuters reported.


Frac Spread: NGL Prices Stumble, But Outlook For Year Appears Rosy

Mizuho expects rising demand from petrochemical plants to bolster ethane.


EIA: US Crude, Product Stocks Rise Sharply In Latest Week

Crude inventories rose 4.1 MMbbl in the week to Jan. 6, the EIA said, higher than analyst expectations for a 1.2-MMbbl build.


Frac Spread: Let Lower Prices Be Forgot...

2016 NGL prices, led by butane, soar in December to match the previous year’s averages.


Sale On: Exports And The Future Of Energy

An expanded Panama Canal opens up opportunities for U.S. exporters, especially in LNG and ethane markets.


Mexico's Alpek Gets Two Petrobras Petrochemical Companies For $385 Million

The deal was one of five authorized by Brazil's audit court, which asked Petrobras to temporarily suspend its asset sale program on Dec. 7, Reuters reported.


Croatia Will Buy The Stake In INA Belonging To Hungary's MOL

MOL has certain management control at INA under an agreement with the Croatian state, which holds 45% of INA, Reuters reported.


Frac Spread: Ethane Reaches 29-Month High

Freeze in the Northeast heats up prices for natural gas and NGL.


Frac Spread: Butanes Ignite NGL Price Rally To Two-Year High

NGL ‘barrel’ hits its highest level since December 2014, driven by soaring prices of the butanes.