12 August 2013 18:00 [Source: ICIS news]
HOUSTON (ICIS)--Here is Monday’s midday ?xml:namespace>
CRUDE: Sep WTI: $106.24/bbl, up 27 cents; Sep Brent: $108.60/bbl, up 38 cents
NYMEX WTI crude futures extended Friday’s rally following a brief profit-taking dip. Crude production issues in the North Sea,
RBOB: Sep $2.8884/gal, down 1.98 cents/gal
Reformulated blendstock for oxygen blending (RBOB) gasoline futures traded lower midday, as recent declines in retail gasoline prices signalled a drop in demand for the commodity.
NATURAL GAS Sep: $3.348/MMBtu: up 11.8 cents
The front month on the NYMEX natural gas market rocketed up through Monday morning trading, boosted by changing weather forecasts. Milder temperatures currently in place across the
ETHANE: higher at 24.38 cents/gal
Ethane spot prices were higher, following a rally in natural gas futures.
AROMATICS: Benzene wider at $4.15-4.25/gal
August bid/offer levels began the week wider this morning. There were no fresh deals heard done, as bid/offers were further apart from $4.17-4.23/gal FOB (free on board) the previous session.
OLEFINS: ethylene steady 54 cents/lb, RGP offered flat at 63 cents/lb
US August ethylene prices were steady at 54 cents/lb, although continued demand concerns could push prices lower. US August refinery-grade propylene (RGP) prices remained offered at 63 cents/lb against no fresh bids.
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