Passenger traffic totals at Los Angeles International Airport (LAX) in July 2023 reached 7.308 million, representing a 15.17% increase compared to the same period in 2022, according to the latest data released by Los Angeles World Airports, the owner-operator of LAX and Van Nuys Airport.
On September 14, 2023, front month WTI futures surpassed $90/bbl for the first time since November 2022.
Six European Union-based plants operated by five cement industry giants — Holcim Group, CEMEX, Buzzi Unicem, Votorantim Cimentos and Cementos Portland Valderrivas — were issued a surplus of €88.2 million ($95.2 million) in free European Union emissions allowances (EUAs) from 2019 to 2022 despite the installations being idle or emitting tiny amounts of carbon in a calendar year, an OPIS review of EU data shows.
The loss of access to Russian crude and unusually high summer temperatures have curbed output of oil products from European refineries, the International Energy Agency (IEA) has warned.
Prices and cracks for diesel and other oil products surged in late July and early August, reflecting tight supply and low stocks at a time when demand picks up due to the summer travel season.
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Nature markets are still in their infancy, but the Kunming-Montreal Global Biodiversity Framework agreed by almost 200 nations at COP15 in Montreal in December 2022 was a signal to investors that these could become billion-dollar markets in the coming years.
To CP or not to CP – that’s the question. Or is it? Participants in the European toluene market seem to have found alternative answers fairly quickly for pricing.
The government of the Mexican state of Nuevo Leon has proposed a change in the gasoline grade for the Monterrey metropolitan region in an effort to address high pollution levels.
The flames that lit up the night sky at Plaquemine, Louisiana, on July 14, 2023, have died, the fire associated with an explosion at the site has been extinguished, and the workweek began with more questions than answers.