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The Argentinian and Brazilian soybean crush volumes look set to rise in 2022 despite several domestic challenges, according to analysts. While the Argentinian soybean crush in marketing year 2021-22 (October-September) is forecast at 42 million mt, up 4.6% on the year, Brazil is expected at 47.7 million mt, up 2% year on year, the US ...
The combination of brutal winters and bad planning has left New England vulnerable to a complete grid collapse, and the region isn’t doing much to improve its situation
Tightness in the European fuel oil markets will persist into Q1 2022, as high prompt demand looks set to weigh on availability. The 0.5%S marine fuel forward curve is currently showing a sharp price drop between January and February 2022 to give a $6.5 backwardated structure. This structure is maintained further down the curve, with ...
Singapore’s high sulfur bunker fuel sales rose again in November, entrenching the grade’s role in the bunker fuel mix firmly despite the push for cleaner marine fuels amid stricter environmental rules for international shipping. Sales of HSFO, which includes 180 CST, 380 CST and 500 CST bunker fuel, increased 0.9% from October to a multi-month ...
US natural gas storage fields are poised to post the first triple-digit withdrawal of the season as a mild winter has calmed concerns of the inadequate inventories observed during the summer. The US Energy Information Administration is expected to report a 127 Bcf withdrawal for the week-ended Dec. 24, according to a survey of analysts ...