Oct 31, 2018
California voters are about to have the chance to ditch a recently passed increase in their gasoline tax. Is there a chance that they will vote against their self-interest and in favor of the greater good? Plus, does a tax really push gasoline demand one way or another? Jeff Bair and native...
Oct 30, 2018
US crude exports to Europe have declined in the past few weeks as the cost to move barrels across the Atlantic has risen. US crude editor Laura Huchzermeyer joins Americas crude oil managing editor John-Laurent Tronche to discuss this recent run-up in prices, and how the market is adapting to...
Oct 25, 2018
The International Maritime Organization has mandated bunker sulfur limits to drop to 0.5% sulfur on January 1, 2020, from 3.5% sulfur currently. Regardless of the compliance option shipowners choose, the global sulfur mandate will increase freight cost tremendously. Noteworthy is a huge uptick in...
Oct 19, 2018
The pricing power of domestic mills in Brazil was built on strengthening Chinese steel prices over the past few months, putting Brazilian steel products near discounts against imported material. Historically, sustainable import parity premiums for domestic flats and longs over imported goods were...
Oct 19, 2018
The European paraxylene market is seeing significant changes this year as fundamental shifts in global demand and supply yield opportunities and challenges for the region. The start-up of a new downstream PTA plant in Portugal has placed the region in a net short position, and Europe will now have...