Argus Media

Saudi Aramco and Sabic jointly announced a new structure for their sales and marketing responsibilities on 29 April. Sabic will now be taking over polymer sales while Saudi Aramco will handle the sales of fuel products. Aramco will also transfer responsibilities for Malaysia’s PRefChem and South Korea-based S-Oil joint-ventures.

In this episode as a part of the Global Polymer Conversations, Argus VP Muhamad Fadhil and Middle East reporter Matt Rajendra discuss the implications of these latest updates on the market.

Related link

The Argus Polymers service gives you access to regional polyethylene, polypropylene and polyvinyl chloride contract and spot benchmarks, global industry news and analysis of key economic drivers on a weekly basis: https://www.argusmedia.com/petrochemicals/argus-polymers

In this episode of the Petcoke Podcast, Argus editor Lauren Masterson speaks to Les Edwards, Vice President of Production Control and Technical Services for Rain Carbon, about the shift towards lower carbon aluminium and its effects on petcoke markets. 

Much has been said about US president Joe Biden’s rejection of the Keystone XL project. The now-suspended project would have provided 830,000 b/d of pipeline capacity from Canada’s oil sands to the US midcontinent, but after years of delays, Canadian crude oil producers have been forced to seek other means of transportation. Crude-by-rail was an early outlet for incremental barrels, but other pipeline expansions are also underway.

In this episode of The Crude Report, our reporters Alex Endress and Brett Holmes discuss how the Canadian crude market has moved along despite Keystone XL and how Canadian crude prices are faring from Hardisty to the US Gulf coast.

Don't miss news and analysis like this - sign up for our free newsletter to stay updated on Argus' latest crude oil content.

Visit us:

For this episode we are joined by a special guest Stefanos Kazantzis, Commercial Director at McQuilling Services, for a deep dive discussion on the Atlantic clean tanker market. 

The transparency of locational spreads between the various US Gulf coast terminals that make up Argus AGS has proven quite popular, as it helps to highlight each connection’s unique market fundamentals.

In this episode of The Crude Report, Argus Associate Editor Amanda Hilow and Argus Americas Crude Editor Gus Vasquez explain Argus AGS’ newest methodology changes and what factors have contributed to the downward trend between locational spreads.

With growing agronomic demand for ‘sulphur as a nutrient’, ammonium sulphate (AS) has a key place in this delivery, whether it is directly applied, blended or used as a feedstock in the production of more advanced N+S products or compound NPK+S.

Join Matt Lisley – Senior Analyst and Tim Cheyne - VP, Fertilizers, as they discuss AS production routes, future capacity additions coming on-stream & price mechanisms. We move on to the impact of Chinese caprolactam and compaction capacity on price premiums for different grades and quality of AS product; and finish with an intriguing look at the recent news surrounding the environmental impact of phosphogypsum, and how ammonium sulphate may play a part in the circular economy.

O mercado de etanol do Nordeste brasileiro segue crescendo em importância, com uma dinâmica de preços muito particular. Junte-se a Camila Dias, Chefe de Redação da Argus no Brasil, e Amance Boutin, Editor do relatório Argus Brasil Combustíveis, para conhecer a robusta metodologia adotada pela Argus para publicar indicadores de preços de etanol comercializado no Nordeste brasileiro com total transparência.  

Links relacionados

• Serviço diário | Argus Brasil Combustíveis

It has been nearly one year since 20 April 2020, a turbulent day for oil markets when WTI crude prices fell to a settlement price of negative $37.63/bl, which left some producers in the unusual position of paying someone to take their oil. Limited storage in Cushing, Oklahoma, and travel restrictions from Covid-19 both contributed to the volatile market dynamics that day, but others have sought a more robust "root cause" analysis to determine why oil prices fell so fast yet recovered so quickly the next day. 

In this episode of The Crude Report, Commodity Futures Trading Commission member Dan Berkovitz offers his perspective on the dip into negative oil prices, the need to analyze the significant increase in "trading at settlement" contracts on 20 April, and his push for a more thorough review by regulators of market activity that day. 

Don't miss news and analysis like this — sign up for our free newsletter to stay updated on Argus' latest crude oil content.

In this latest episode, Asia-Pacific LPG editor, Reza Amanat, talks with David Appleton about the lack of reaction in Asia-Pacific prices to several logistical issues impacting the market in the past quarter, as well as Indonesia’s long-term plans for LPG in the residential sector. 

Related Links

• Argus International LPG

Last week's Opec+ meeting surprised markets with an agreement to lift production quotas by over 1.1mn b/d between May and July, not including Saudi Arabia’s own pledge to unwind its own 1mn b/d of additional voluntary cuts over the same period. While the global crude oil market seemed to take the news well, Opec+ has acknowledged that these plans aren't set in stone and could still change should circumstances require.

In this episode of The Crude Report, Argus Opec correspondent and Dubai Editorial manager Nader Itayim details what was agreed upon, and what factors could result in Opec+ changing course - a big possibility should we see a potential return of Iranian volumes in the coming months.