Page 46 - Platts Analytics News Today : Breaking News, Live Updates & Top Stories | Vimarsana

Not registered? Receive daily email alerts, subscriber notes & personalize your experience. Register Now Storage inventories increased to 2.029 Tcf for the week ended May 7, the US Energy Information Administration reported May 13. The build measured less than the five-year average of 82 Bcf and the 104 Bcf addition reported in 2020. Storage volumes now stand 378 Bcf, or 15.7%, less than the year-ago level of 2.407 Tcf and 72 Bcf, or 3.4%, less than the five-year average of 2.101 Tcf. The South Central region is driving the largest portion of the mounting deficit, with stocks 197 Bc...

WAF crude sellers scramble for buyers as Indian refiners step back West African crude sellers have been dealt a big blow by key buyer India slowing down its purchases as the COVID-19 pandemic continues to ravage the world’s third-largest oil consumer. India’s state-owned refiners typically issue tenders for a large proportion of their crude requirements, but with the latest wave of COVID-19 infections in the country still raging, no new tenders have been issued since late April, according to trading sources. Refiners such as Indian Oil Corporation, Hindustan Petroleum Corp Ltd and Bharat ...

West African crude sellers have been dealt a big blow by key buyer India slowing down its purchases as the COVID 19 pandemic continues to ravage the world s third largest oil consumer.

Not registered? Receive daily email alerts, subscriber notes & personalize your experience. Register Now The country's soybean imports forecast for 2020-21 marketing year (October-September) has been revised up 2 million mt on April estimate to an all-time high 100.4 million mt, the Chinese Supply and Demand Estimates report said May 12. While 2021-22 demand is projected at an unprecedented 102 million mt, the report said. Since China accounts for over 60% of global soybean trade, any rise in the country's oilseed import is likely to support international beans prices, which have al...

Libya pumped 1.168 million b/d of crude in April, the North African producer revealed to OPEC in the producer group’s latest monthly oil market report. April crude production slid by 115,000 b/d compared to the 1.283 million b/d it reported for March, the report released on May 11 showed. According to the monthly S&P Global ...