08 April 2010 17:13 [Source: ICIS news]
LONDON (ICIS news)--Here is Thursday's end of day European oil and chemical market summary from ICIS pricing.
CRUDE: May WTI: $84.90/bbl, down $0.98/bbl. May BRENT: $84.55/bbl, down $1.04/bbl.
A larger-than-forecast build on US natural gas stocks added further downward pressure to crude prices.
NAPHTHA: Open spec spot cargoes were assessed in a $712-722/tonne CIF (cost, insurance and freight) NWE (northwest ?xml:namespace>
BENZENE: Two April deals for delivery at any time were done at $1,165-1,175/tonne CIF ARA (
STYRENE: The market stayed stable at $1,400-1,420/tonne FOB (free on board)
TOLUENE: The market was quiet this afternoon, with no firm buying interest seen. The range remained pegged at $870-935/tonne FOB
MTBE: Four trades were done this afternoon down $28-33/tonne from Wednesday. Two were for 13-17 April at $855/tone and $860/tonne, and two for 16-20 April, both $856/tonne. Gasoline trades at $781.50-787.00/tonne
XYLENES: The range for April paraxylene remained pegged at $1,000-1,040/tonne FOB
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