This Week’s Market Buzz

• Oil touched its strongest level since early September as signs that Covid-19 vaccinations in the U.S. could be underway within three weeks improved the demand outlook. Markets broadly rallied after AstraZeneca Plc became the latest company to report a vaccine that protects most people from coronavirus. West Texas Intermediate for January delivery rose 1.5% to $43.04 a barrel; Brent for January settlement added 1.6% to $45.68 a barrel

• The Vulcan Drying Systems Frac Sand Drying System is custom-designed and manufactured to suit a customer’s individual project needs. Most customers have sand ranging from 5% to 8% in moisture content. These drying systems consist of a rotary drum dryer and a burner mounted on a breeching plate. Vulcan Drying Systems Frac Sand Drying Systems are designed specifically to dry frac sands, making the material easy to transport, separate and handle.

• Hexion Inc. announced their partnership to better serve resin coated proppant users in the Western Canadian Sedimentary Basin. This strategic partnership joins Hexion’s leading resin and chemical expertise with Wayfinder’s new state-of-the-art manufacturing facility and logistics network. The Wayfinder facility in Obed, Alberta, Canada, will produce Hexion’s full product portfolio, including Prime Plus proppants, the most used resin coated proppant in Canada.

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