NOON SNAPSHOT - Europe Markets Summary
09 November 2009 12:00 [Source: ICIS news]
LONDON (ICIS news)--Here is Monday’s midday European oil and chemical market summary from ICIS pricing.
CRUDE: December WTI: $78.70/bbl, up $1.27/bbl. December BRENT: $77.05/bbl, up $1.18/bbl.
Prices rose on concerns that Hurricane Ida could threaten oil and gas production installations in the
NAPHTHA: Open spec spot cargoes were assessed in a $655-665/tonne CIF (cost, insurance and freight) NWE (northwest Europe) range, up $14/tonne CIF NWE on the buy side of the range set at the end of trading on Friday. November swaps were pegged at $655-656/tonne CIF NWE.
BENZENE: Europe November benzene values rose in line with stronger energy values to $820-840/tonne CIF ARA (
STYRENE: The styrene market remained subdued and November was pegged at $990-1,020/tonne FOB (free on board)
TOLUENE: There were no firm bids or offers heard this morning. The range remained pegged at $750-770/tonne FOB
MTBE: Bids and offers were quoted at 1.35-1.40, compared to 1.38 on Friday afternoon. Gasoline traded at $695/tonne
XYLENES: There was no firm buy/sell activity heard for paraxylene in the market this morning, and the range was unchanged at $860-880/tonne FOB
For more pricing intelligence please visit ICIS pricing
By: Staff Reporter
+44 20 8652 3214
< previous article(VIDEO - ICIS news Europe Lunchtime Bulletin 27 October 2009)
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