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Commodities

Global markets were volatile heading into the new year. Oil has been no exception, with Brent trading between $62 per barrel on 7 December 2018 before falling to $51/b on 21 December. Read more

Commodities

Oil prices rose about 2 percent on Tuesday, along with world stock markets, supported by China’s plan to introduce policies to stabilize a slowing economy, reversing the previous session’s losses due to grim data in the world’s second-largest economy Read more

Commodities

Natural gas production in the United States reached record levels in 2018. Read more

Refining & Petrochemical Processing

Global ethylene capacity is expected to experience considerable growth between 2017 and 2026, increasing from 180 million tons per annum (mtpa) in 2017 to more than 270 mtpa in 2026, led by China and the U.S. Read more

Refining & Petrochemical Processing

Brent crude oil averaged $72 per barrel (b) in 2018, nearly $17/b more than the average price for Brent in 2017. Read more

Commodities

Of seven proposed oil-export projects, nowhere is the opportunity greater or the competition more fierce than in Corpus Christi, Texas, where three firms are vying to open the state’s first deepwater port. Read more

Offshore & Marine

Wholesale electricity prices during 2018 at major trading hubs in the United States were generally higher than in 2017. Read more

Power Generation

Oil rose to above $57 a barrel on Friday after China said it would hold trade talks with the United States and a survey showed China’s services sector expanded in December, while signs of lower crude supply also lent support. Read more

Commodities

Oil prices edged lower in choppy trade on Thursday, pressured by concerns about slowing global economic growth that could dent demand for crude but drawing support from signs of output cuts by Saudi Arabia. Read more

Commodities

After increasing 25% from January through the beginning of October in 2018, the spot energy index in the S&P Goldman Sachs Commodity Index (GSCI) ended the year 21% lower than at the beginning of the year. Read more

Commodities

Oil prices fell more than 4 percent on Thursday, hitting their lowest in more than a year on worries about oversupply and the outlook for energy demand as a U.S. interest rate rise knocked stock markets. Read more

Commodities

Oil prices steadied on Tuesday, depressed by record Saudi production but supported by expectations that oil exporters would agree to cut output at an OPEC meeting next week. Read more

Commodities

Oil prices dropped sharply, snapping a four-day winning streak amid concerns about rising global supplies as OPEC weighs a possible cut in production. Read more

Commodities

Oil prices steadied on Thursday, having lost nearly 7 percent over the previous three days, but concern over the prospect of an oversupplied market next year remained in spite of OPEC’s message that it may cut crude output. Read more

Commodities

U.S. residential heating oil and propane prices at the start of the 2018–2019 winter heating season were 23% and 4% higher, respectively, than at the start of the last heating season. During the winter months EIA conducts weekly surveys of... Read more

Power Generation

Oil prices recovered some ground on Monday after five days of heavy losses as the United States imposed a range of punitive sanctions on Iran, aiming to curb exports by the Islamic Republic, including its sales of fuel. Read more

Commodities

Oil prices stabilized on Thursday, bouncing back from an early sell-off after Asian and European stock markets plunged in the wake of Wall Street’s biggest daily decline since 2011. Read more

Commodities

Oil prices rose on signs of surging demand in China, the world’s second-biggest oil consumer, although the market was heading for a second week of losses on rising U.S. inventories and concern that trade wars were curbing economic activity Read more

Commodities

Oil prices rose on growing evidence of falling crude exports from Iran, OPEC’s third-largest producer, before the imposition of new U.S. sanctions and a partial shutdown in the Gulf of Mexico because of Hurricane Michael. Read more

Commodities

Crude futures steadied after climbing to four-year highs earlier this week, and both Brent and U.S. crude marked weekly gains ahead of U.S. sanctions on Iranian oil exports. Read more

Commodities

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