Binh Phuoc ethanol plant to resume operation

The National Oil and Gas Group (PetroVietnam) said it is coordinating with relevant partners to prepare for the resumption of Binh Phuoc Ethanol Plant in the southern province of Binh Phuoc.

Asian naphtha crack rebounds, but traders mixed on price direction

Demand for heavy full range naphtha remains strong as buyers take advantage of the recent weakness in Asian naphtha cracks, but views on the near-term outlook are mixed, market sources said Friday.

The race is on as China and India potash contract talks pick up the pace

The race is on for China and India as buyers in the two key importing nations accelerate long-term muriate of potash (MOP) fertilizer supply contract talks.

Weekly US coal train loadings down 0.5% on week, 4.3% on year

US coal train loadings decreased slightly for the week ended June 15, despite a five-week high in loadings from Northern Appalachia, Surface Transportation Board data showed Thursday.

China BD slumps on downstream synthetic rubber output cuts

China’s domestic spot butadiene (BD) prices have been slumping since end-May as demand weakened following shutdowns at downstream synthetic rubberplants which may extend to July.

Will Vietnam exploit more oil for higher GDP growth?

The report on the GDP growth scenario of Vietnam in 2018 does not include the strengthening of oil exploitation, which had been expected.

Dollar scales 11-month peak, oil slides ahead of OPEC

Simmering trade and political tensions weighed on European and world shares on Thursday, while oil prices were under pressure ahead of an OPEC meeting that could boost the global supply of crude.
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