NOON SNAPSHOT Europe Markets Summary

26 September 2013 12:00  [Source: ICIS news]

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

CRUDE: November WTI: $102.74/bbl, up 8 cents/bbl. November BRENT: $108.67/bbl, up 35 cents/bbl
NYMEX WTI crude oil futures gained a few cents on Thursday with the US congress expected to pass a resolution to continue funding the country's government until mid-November.

NAPHTHA: $899-900/tonne, down $5/tonne
The cargo range was assessed down from Wednesday evening on a fall in ICE Brent crude oil futures. October swaps were assessed at $898-900/tonne.

BENZENE: $1,245-1,255/tonne, bids down $5/tonne
European spot bids eased for October. Traders said the market was very quiet and no deals were done. November and December benzene was offered at $1,255/tonne, but no corresponding bids were seen.

STYRENE: $1,710-1,740/tonne, range narrows
Traders said the lack of market activity made the pegging of an October and November price range difficult. No November numbers were discussed.

For more pricing intelligence please visit ICIS pricing


By: Staff Reporter
+44 20 8652 3214



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