28 February 2011 12:00 [Source: ICIS news]
LONDON (ICIS)--Here is Monday’s midday European oil and chemical market summary from ICIS.
CRUDE: April WTI: $97.95/bbl, up $0.07/bbl. April BRENT: $112.07/bbl, down $0.07/bbl
Brent futures traded in marginally negative territory over reports that ?xml:namespace>
NAPHTHA: $941-949/tonne, up $2/tonne
The cargo range edged up from Friday afternoon as the crack spread firmed slightly. March swaps were assessed at $946-948/tonne.
BENZENE: $1,335-1,365/tonne, widening
March bids and offers widened this morning in an uncertain market. There was no firm range seen for April yet.
STYRENE: $1,520-1,530/tonne, narrowing
March traded at $1,525/tonne this morning, and the range narrowed to reflect this.
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