Asia’s naphtha refining profit margin rose on Thursday after prices of the product fell in tandem with crude oil benchmarks, although downstream petrochemical demand remained tepid. The crack rose by about $4 to $44.28 per metric ton over Brent crude. The price for first-half June naphtha fell by...
Dutch and British wholesale gas prices were lower on Thursday morning on higher Norwegian supply following maintenance and healthy inventories, however, supply risks remained due to the tensions in the Middle East and other factors, traders said. The benchmark front-month contract TRNLTTFMc1 at the...
https://www.hellenicshippingnews.com/prices-down-on-higher-norwegian-supply-healthy-inventories/
U.S. natural gas futures climbed about 3% on Thursday on forecasts for cooler weather and more demand next week than previously expected and with an increase in the amount of gas flowing to liquefied natural gas (LNG) export plants, including Freeport LNG. That price rise also came ahead of a...
Asia’s middle distillates trading activity remained slightly subdued, though the futures market weakened further and more sellers did emerge on a May spot basis. More May offers emerged via sale tenders from at least two major refiners in northeast Asia, with China oil majors also heard to be in...
Asia’s middle distillates markets softened on Tuesday, amid swap price volatility through the day, as mostly cautious-to-bearish expectations for May fundamentals took centre stage. Several spot cargoes were still discussed at discounts, despite the paper market structure recovering slightly to a...
Freeport LNG’s liquefaction plant remains mostly offline for a fifth straight day, with gas utilization rates at 125 million cubic feet per day (mmcf/d), or 5% of its fully operational use, data from financial firm LSEG showed on Monday. Freeport LNG has been the second-largest U.S. LNG exporter,...
https://www.hellenicshippingnews.com/freeport-lng-gas-consumption-running-near-zero-for-fifth-day/
U.S. natural gas futures fell about 2% to a more than two-week low on Monday, weighed down by lower demand forecasts for this week than previously expected due primarily to a drop in feedgas to the Freeport LNG export plant in Texas. Front-month gas futures NGc1 for April delivery on the New York...
https://www.hellenicshippingnews.com/us-natgas-futures-hit-over-2-week-low-on-lower-demand-view/
Asia’s middle distillates markets kicked off the week with slightly thinner spot activity in the open markets against a backdrop of softening ICE gasoil futures and crude prices. The slower liquidity could be due to the rollover in assessment months a day later, trade sources said. More refiners...
Dutch and British wholesale gas prices rose on Friday morning due to attacks on Ukrainian energy assets, a drop in feedgas to Freeport liquefied natural gas (LNG) facility and after the EU Parliament voted to allow nations to block Russian LNG imports. The benchmark front-month contract TRNLTTFMc1...
https://www.hellenicshippingnews.com/prices-rise-on-ukraine-attacks-freeport-lng/
Dutch and British wholesale gas prices rose on Thursday morning on concerns about attacks on Ukrainian gas storages and ongoing geopolitical tensions in the Middle East, which helped to offset milder weather over the next few days. The benchmark front-month contract TRNLTTFMc1 at the Dutch TTF hub...