NOON SNAPSHOT - Europe Markets Summary

15 June 2011 12:00  [Source: ICIS news]

LONDON (ICIS)--Here is Wednesday’s midday European oil and chemical market summary from ICIS.

CRUDE: July WTI: $98.61/bbl, down $0.76/bbl. July BRENT: $119/bbl, down $1.16/bbl
Prices weakened after eurozone finance ministers failed to reach an agreement on a second bailout plan for Greece.

NAPHTHA: $950-958/tonne, down $6/tonne
The cargo range slipped from Tuesday afternoon due to lower crude oil prices. July swaps were assessed at $962–965/tonne.

BENZENE: $1,140-1,160/tonne, widened
The range widened in an uncertain market. July is flat with June.

STYRENE: $1,390-1,410/tonne up $30/tonne
Bids and offers climbed after two deals late on Tuesday at $1,385/tonne and $1,390/tonne. July is flat with June.

For more pricing intelligence, please visit ICIS pricing

By: Staff Reporter
+44 20 8652 3214

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