Coking margins narrow as crude plunge pulls down benzene, methanol prices
January 30, 2015 (5:20)
Platts editors discuss the relationship between coke, benzene, and methanol; the hedging strategies of different market players; and the market outlook for the commodities in 2015.
European steel mills buck global pricing trend
US gas exports to Mexico seen doubling
Slow 2015 start for steel, iron ore, met coal
US investment bank Goldman Sachs cut sharply Monday its forecasts for average oil prices in 2015 but said sliding US shale production could see the global oil market rebalance by the end of the year. Goldman said it expects Brent crude to average $50.40/b a barrel from $83.80/b, as global oil price continue to their rapid descent into near six-year lows. WTI is expected to average $47.15 a barrel, down from a previous forecast of $73.75/b, the bank said.
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