03 March 2011 12:00 [Source: ICIS news]
LONDON (ICIS)--Here is Thursday’s midday European oil and chemical market summary from ICIS.
CRUDE: April WTI: $101.58/bbl, down $0.65/bbl. April BRENT: $115.60/bbl, down $0.75/bbl
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BENZENE: $1,360-1,375/tonne, down $5/tonne on the sell side
March was largely stable this morning. April remained backwardated at $1,315-1,330/tonne.
STYRENE: $1,525-1,535/tonne, steady
The market was quiet this morning, as players awaited the outcome of negotiations over the March barge contract. The range was unchanged.
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