EVENING SNAPSHOT – Europe Markets Summary

LONDON (ICIS)--Here is Monday’s end of day European oil and chemical market summary from ICIS.

CRUDE: June WTI: $96.77/bbl, down $1.72/bbl. June BRENT: $112.14/bbl, down $1.04/bbl
Crude numbers continued to move down this afternoon amid concerns about the wider economic environment.

NAPHTHA: No data available due to a public holiday in the UK.

BENZENE: $1,240-1,250/tonne, steady
There was little activity in the market this afternoon, and the range was assessed unchanged from earlier. June was backwardated at $1,230-1,240/tonne.

STYRENE: $1,520-1,535/tonne, steady
The market was quiet and the range was unchanged. June was backwardated at $1,510-1,525/tonne.

TOLUENE: $1,210-1,240/tonne, down $10/tonne
The market was quiet and the range was assessed lower in line with falling crude and energy numbers.

MTBE: No data available due to a public holiday in the UK.