Archive for the ‘Platts analysis’ Category

The possible implications of Russian sanctions on Europe’s polyethylene market

(Hetain Mistry is a member of Platts Petrochemical Analysis team. You can see more of their work by going here.)

In recent months Russia has come under global political pressure due to its current geopolitical conflict with the Ukraine. The Platts Petrochemical Analytics team is looking at whether these pressures, in terms of credit and liquidity for project development, will filter down to the development of planned petrochemical projects.

Platts Petrochemical Analytics lists 25 polyethylene projects forecast to come online in Europe over our outlook period, with capacity on those projects totaling around 7.5 million mt.  The majority of these projects will come onstream in Russia, but there are other projects planned for Azerbaijan, Kazakhstan, the Czech Republic and potentially Uzbekistan. Out of the 7.5 million mt of additional tonnage expected to come onstream in Eastern Europe, Russian projects will account for 77% of the additional capacity.

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EIA analysis: big build in US distillate stocks

A big jump in distillate inventories was the highlight of this week’s Energy Information Administration inventory report. You can read our analysis of the numbers here. 

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EIA oil analysis: overall small changes, bigger changes underneath

The overall change in US crude oil inventories was relatively small last week, according to the EIA data released today. But there were some bigger regional shifts underneath those total numbers. You can read our analysis here.

Energy Economist: The Russia-Ukraine standoff looks to the energy needs of winter

In this month’s excerpt from Energy Economist, Ross McCracken looks at the winter energy implications of the Ukraine-Russia divide.

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EIA weekly oil analysis: a drop in crude inventories

You can see our analysis of this week’s Energy Information Administration oil report at this link. 

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Chinese oil demand drops in July from a year earlier

The global world oil market certainly isn’t getting any bullish boost from China. The Platts analysis for July showed the country’s apparent demand down from the corresponding month a year earlier. You can see our analysis here.

EIA analysis: Gulf Coast refineries are cranking it out

US Gulf Coast refineries operated at a record rate last week, according to the Energy Information Administration. You can see our analysis of the latest numbers here.

EIA analysis: lots of things behind EIA reported build in crude oil stocks

A relatively minor build in crude oil stocks came about as a result of several factors in this week’s EIA inventory report. You can read our analysis of the numbers here. 

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Plenty of US ethane still available for crackers

The US petrochemical market has seen a flood of investments over the past few years on the heels of a production boom in unconventional North American hydrocarbons. The flow of capital has been welcomed as it transforms the North American chemical industry; one that was left for dead just five years ago as uncompetitive feedstock prices pushed companies toward consolidation. But, are there still opportunities for those looking for high returns on petrochemical investments? This analysis shows that there are still opportunities in the middle of this US-petrochemical super cycle.

Keep on cracking?

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EIA analysis: a big decline in gasoline inventories

This week’s EIA oil inventory data recorded a big drop in US gasoline inventories for last week. You can see our analysis of the numbers here.