Prices - PetroChemical

EIA: US Crude, Gasoline Stocks Fell Last Week

U.S. crude and gasoline stockpiles fell last week, while distillate inventories rose, the Energy Information Administration said June 21.

Reuters

Canada Petrochemical Sector Struggles For Investment

CERI speakers note the lack of government incentives offered by Canada for investment in petrochemical projects.

Markham Hislop, Contributor

ExxonMobil Buys Singapore Petrochemical Plant

ExxonMobil’s purchase of Jurong Aromatics plant will boost its output in Asia.

Reuters

Report: Ethane Supply To Boost US Petchem Production

Domestic limits mean that the industry will have to pursue export markets.

Frac Spread: Plenty Of Ethane Will Be Pouring Out Of Permian

Gulf Coast crackers will come online and increase demand, but prices won’t rise like many would like, Bernstein says in a new report.

How Focus On Demand Put Enterprise In Demand

CEO Jim Teague emphasized export markets during a talk to upstream executives.

Joseph Markman, Hart Energy

Williams Sells Geismar Olefins Plant To NOVA For $2.1 Billion

Deal will fund capital plans, provide revenue stream for partnership.

Hart Energy Staff

Frac Spread: Analysts See Gas Surplus, Leading To Lower Prices

As higher prices encourage more production of crude oil, Morgan Stanley experts see associated output of natural gas dragging down its price.

Total Forms $1.7 Billion JV To Expand Texas Petrochemicals Business

The new venture plans to build a 1 million tonne per year ethane steam cracker in Port Arthur, Texas, and is considering building a 625,000 tonnes per year polyethylene unit at Total's Bayport site.

Reuters

Frac Spread: WTI’s Weakness Traps NGL Prices

Price of the NGL ‘barrel’ slinks to its lowest point since November.

Frac Spread: Snow Falls, Gas Price Rises

NGL prices mostly hold steady in anticipation of increased demand.

Frac Spread: CERAWeek Panelists Take Long-Term View Of NGL

NGL prices will stabilize, and then rise but not quite yet, CERAWeek panelists say.

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