Energy Update
MOSCOW, May 5 (Reuters) - Russia's Gazprom plans to produce 485.36 billion cubic metres of gas in 2015, RIA news agency quoted the company's deputy CEO, Vitaly Markelov, as saying on Tuesday.
LONDON, May 5 (Reuters) - Miner and commodity trader Glencore on Tuesday reported a 9 percent fall in first-quarter copper production mostly due to lower copper grades at its Alumbrera and Antamina mines in South America and maintenance at the Collahuasi mine.
Platts editors analyse how the flow of Iranian crude could alter global supply-demand dynamics, as well as assessing the possible affect on prices.
When you're sitting on a shed load of sugarcane, it's nice to know you have options. For Brazil, as the powerhouse of global sugar production, that choice falls into two broad areas -- make sugar, or make ethanol.
There seems to be reluctance among market participants to identify recent London Metal Exchange warehouse reforms as having had much to do with the drop in regional premia - Platts analysis paints a different picture.
CALGARY, Alberta, May 5 (Reuters) - A growing share of Canadian oil-by-rail traffic is made up of tough-to-ignite undiluted heavy crude and raw bitumen, say industry executives, as companies scramble to cut expenditures with the price of crude down more than 40 percent since June.
(Tue, 05 May 2015) Monthly rail receipts of crude oil accounted for more than half (52%) of the crude oil supply to East Coast refineries in February. As U.S. and Canadian production of crude oil has increased, crude supply by rail to East Coast (PADD 1) refineries has grown, displacing waterborne imports of crude oil from countries other than Canada, such as Nigeria.
(Tue, 05 May 2015) EIA retained Turner, Mason & Company to provide analysis of the implications of increasing domestic light tight oil production for U.S. refining, focusing on regional crude supply/demand balances, refinery crude slates, operations, capital investment, product yields, crude oil exports/imports, petroleum product exports, infrastructure constraints and expansions, and crude oil price relationships.
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