- Location
Dated Brent
"-
Urals Prices Versus Dated Brent Jump as DEC Novorossiisk Schedule Proves Short
Nov 25, 2015Urals differentials versus the Dated Brent market jumped in both the Mediterranean and Northwest Europe in European trading Tuesday after the full provisional December loading program for the Black Sea port of Novorossiisk proved to be the ...
Tags: Urals cargoes
-
Dated Brent at Nine-Week Low Amid Weak Refining Margins and Cheap Urals
Nov 4, 2015Dated Brent has fallen to a nine-week low, with uncommitted November Brent and Forties cargoes weighing on values amid weak local refinery uptake of the grade, sources said. Dated Brent fell to Forward Dated Brent minus 51 cents/b Monday, ...
Tags: Dated Brent, refiners, crudes
-
China's Crude Oil Imports in September Rose 7.4%
Oct 13, 2014China's crude oil imports in September rose 7.4% year on year to 27.58 million mt or an average 6.74 million b/d, the second highest on record, preliminary data released Monday by the General Administration of Customs showed. Crude ...
Tags: Crude Oil, Oil Products
-
China's Raised Domestic Retail Prices of Gasoline and Diesel
Jun 25, 2014China's National Development and Reform Commission has raised domestic retail prices of gasoline and diesel by Yuan 165/mt ($26.50/mt) and Yuan 160/mt, respectively, effective midnight Tuesday. This is the first fuel price adjustment in a ...
-
European Refining Margins Have Recovered From Their Lows
Jun 24, 2014European refining margins have recovered from their lows of last month, driven by a pick-up in products markets, especially jet fuel and gasoline, following run cuts throughout the region, according to traders. "Demand for products ...
Tags: Gasoline, pick-up in products, jet fuel
-
US Posted a Second Consecutive Year of Record Oil Production Growth
Jun 23, 2014The US posted a second consecutive year of record oil production growth in 2013 with its surging shale industry balancing out supply disruptions to underpin an unprecedented period of stable global oil prices, BP said Monday. US output ...
Tags: oil production, oil supply
-
European Ethylene Hit a 2014 High of Eur1,015/Mt
Jun 23, 2014European ethylene hit a 2014 high of Eur1,015/mt ($1375/mt) FD NWE Friday, up Eur45/mt on the week, Platts data showed, on the back of reduced availability and an increase in feedstock prices. Naphtha hit a 2014 high of $959/mt CIF NWE ...
Tags: Ethylene, Ethylene prices
-
Kazakhstan's CPC Blend Crude Oil at 23-Month Low Versus Dated Brent
Jun 23, 2014Kazakhstan's CPC Blend crude has fallen to a 23-month low versus Dated Brent, as weak end-user demand has continued to weigh on values for prompt supplies. CIF Augusta CPC Aframax cargoes were assessed at a $1.73/barrel discount to the ...
Tags: Crude Oil, CPC Blend crude
-
Differentials for CIF Augusta Urals Aframax Cargoes Climbed $0.445/Barrel Wednesday
Jun 16, 2014The Urals crude market strengthened sharply Wednesday in both Northwest Europe and the Mediterranean as buying interest increased sharply to clear some remaining prompt June cargoes. Differentials for CIF Augusta Urals Aframax cargoes ...
Tags: Crude Oil, crude market
-
Crude Akpo Has Seen Its Values Fall Sharply Amid Weaker Demand
Jun 3, 2014Nigerian light sweet crude Akpo has seen its values fall sharply amid weaker demand because of a drop in refining margins, trading sources said Thursday. About a month ago at the start of the trading cycle of the Nigerian June loading ...
-
European Cargo Cash Premiums to Benchmark Gasoil Futures Were Assessed at $10.50/Mt
May 29, 2014European ultra low sulfur diesel premiums to the front-month ICE gasoil futures contract hit their weakest level in over four months Friday as large volumes flooded the region from the Americas and the Baltic. Northwest European cargo ...
Tags: low sulfur diesel, gasoil futures
-
Indications or Offer Levels for Angolan Crude Oil Cargoes in July Show a Mixed Picture
May 22, 2014Indications or offer levels for Angolan crude oil cargoes loading in July show a mixed picture compared with June, traders said Tuesday. Most offer or indications levels for Angolan crudes loading in July were either stable or higher ...
-
3m Barrels of Abu Dhabi's Murban Crude Is Expected to Move Into The Mediterranean
May 21, 2014Nearly 3 million barrels of Abu Dhabi's Murban crude is expected to move into the Mediterranean in June, according to traders, as weaker demand in Asia and expectations of a bullish summer in the Mediterranean Urals market have attracted ...
Tags: Asian Demand, Murban crude
-
Nigerian Crude Prices Are Starting to Fall ,Trading Sources Said Monday
May 14, 2014Nigerian crude prices are starting to fall as the remaining 15-20 Nigerian June cargoes struggle to sell due to weakening refining margins, trading sources said Monday. The remaining unsold cargoes are looking to find a home in Europe, ...
Tags: Crude Oil, Nigerian crudes
-
The Physical North Sea Market Is Strengthening Against The Paper Market
Apr 30, 2014The physical North Sea market is strengthening against the paper market, reaching a six-week high on Friday and bid higher Monday, as the return of some refineries from maintenance adds to crude demand, while less output than expected is ...
Tags: Physical Crude, Increased Demand