NOON SNAPSHOT – Europe Markets Summary

15 February 2013 12:00  [Source: ICIS news]

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

CRUDE: March WTI: $96.75/bbl, down 56 cents/bbl. April BRENT: $117.65/bbl, down 35 cents/bbl
Crude prices remained under pressure after poor eurozone economic data revived concerns about the troubled region.

NAPHTHA: $1,011-1,013/tonne, up $7/tonne
The cargo range climbed from Thursday afternoon, driven by a stronger crack spread. March swaps were assessed at $995-996/tonne.

BENZENE: $1,375-1,395/tonne, down $5-15/tonne
February opened lower this morning as the US market continued to lose ground. March was slightly higher with bids at $1,380/tonne.

STYRENE: $1,710-1,735/tonne, up $10-25/tonne
Offers for February moved up this morning although bids were scarce. March was firmer, with bids at $1,740/tonne and no offers.

For more pricing intelligence visit ICIS pricing

By: Staff Reporter
+44 20 8652 3214

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