Page 41 - Platts Analytics News Today : Breaking News, Live Updates & Top Stories | Vimarsana

Here are some selected news articles from the week ended 17 July 2021. Part 2 is available here. This is a feature at Global Economic Intersection every Monday evening or Tuesday morning. Please share this article - Go to very top of page, right hand side, for social media buttons. Natural gas rigs at 15 mo high as prices hit 30 mo high; global oil shortage at 830,000 bpd; DUC backlog at 7.6 months Natural gas prices ended the week unchanged as strong export demand offset cooler weather and a bearish storage report....after slipping 0.7% to $3.674 per mmBTU last week as weather forecasts mod...

U.S. stocks were lower after the close on Friday, as losses in the Oil & Gas, Basic Materials and Consumer Services sectors led shares lower. Please share this article - Go to very top of page, right hand side, for social media buttons. The best performers of the session on the Dow Jones Industrial Average were Procter & Gamble Company (NYSE:PG), which rose 0.98% or 1.37 points to trade at 140.53 at the close. Meanwhile, The Travelers Companies Inc (NYSE:TRV) added 0.52% or 0.81 points to end at 156.39 and Amgen Inc (NASDAQ:AMGN) was up 0.51% or 1.27 points to 247.90 in late trade. The worst ...

by Tyler Durden Thursday, Jul 15, 2021 - 09:00 PM In a time when Western superpowers are furiously pushing for a multi-trillion spending bonanza under the cover of global warming as a virtue-signaling justification, and holding lengthy G20 boondoggles in Venice (which miraculously still isn't under 30 feet of water) to demonstrate just how serious they are, China - the world's biggest polluter - is doing its thing. On Thursday, the state-planning agency, the National Development and Reform Commission (NDRC) said that China will release more than 10 million tonnes of coal from its state reserv...

US crude, gasoline stocks expected to keep falling as demand grows The weekly streak of US crude oil inventory draws likely extended to eight for the week ended July 9 amid the busier summer driving season and an expected uptick in refinery demand, analysts surveyed by S&P Global Platts said July 12. Total US commercial crude oil stocks likely declined by 4.9 million barrels to 440.6 million barrels, analysts said. The draw would leave stocks nearly 7% behind the five-year average of US Energy Information Administration data and the lowest since the week ended Jan. 31, 2020. The eight-week st...

by Corey Lavinsky and Loren Puette (S&P Global) UK is scheduled to move to E10 as standard gasoline blend in September; UK’s proposed regulations allow a 5.5% blend to suffice as E10; E5 (97+ octane) will continue to be sold at service stations that offer 2 grades of gasoline for sale; We expect ethanol consumption to rise to nearly 14,000 b/d in 2021, supported by a jump in the fourth quarter as E10 use spreads In September, the UK is slated to move to E10 as its standard gasoline blend. While most people assume that E10 means 10% ethanol in gasoline, the UK’s proposed regulations al...