It‘s hard to imagine metallurgical coal exerting much influence on other commodity markets. But when the price of a commodity quadruples in slightly over 10 months, its clout amplifies.
(Tue, 08 Nov 2016) Following an outage that began on October 31, Colonial Pipeline's Line 1 resumed shipping gasoline early Sunday morning. Line 1 carries gasoline from the Gulf Coast to as far east and north as North Carolina and is a key supply source for several states in between and beyond.
Election day in the United States is tomorrow, and we’re taking a closer look at how oil prices change right after a new American president is chosen.
An ambitious effort to collect “near miss” data from US offshore drillers has stalled, but regulators are working to get the program back in gear.
(Mon, 07 Nov 2016) U.S. field production of crude oil increased in 2015 for the seventh consecutive year, reaching 9.42 million barrels per day (b/d). This was the highest crude oil production level since 1972, based on final production numbers in EIAâs <em>Petroleum Supply Annual</em>.
It was a different kind of Black Friday for Turkey on Friday as politics bit into trade and business, including the steel scrap market.
We studied the movement of oil pricing in the 90 days immediately following the most recent presidential elections in the US — the world’s largest economy.
(Fri, 04 Nov 2016) Oil wells drilled horizontally through hydrocarbon-bearing formations are often among the most prolific oil wells in the United States. Although modern horizontal drilling achieved commercial success in the 1980s, drilling techniques have improved, and in recent years, horizontal drilling has become more common.
The first in a wave of US Gulf Coast ethane cracker projects is slated to start up in the Q1 of 2017. Here is a roundup of other major cracker updates.
(Thu, 03 Nov 2016) On the afternoon of October 31, an explosion occurred on the Colonial Pipeline Line 1, which carries gasoline from the Gulf Coast to as far east and north as North Carolina and is a key supply source for several states in between and beyond. This is the second major disruption of Colonial Line 1 in less than two months.
