Oil prices fall sharply on Chinese unrest
(Sharecast News) - Oil prices fell on Monday, as rare social unrest in China weighed heavily on both equities and commodities.
Read more(Sharecast News) - Oil prices fell on Monday, as rare social unrest in China weighed heavily on both equities and commodities.
Read more(Alliance News) - Stock prices in London were in the red on Monday, as protests across China against its strict Covid policies undermined global risk appetite.
Read more(Alliance News) - The FTSE 100 opened in the red on Monday, as civil unrest in China over anti-Covid restrictions shook investor risk appetite.
Read moreBP PLC - London-based oil major - Wins two new exploration blocks in the Mediterranean, offshore Egypt. Says the blocks were awarded to BP by Egyptian Natural Gas Holding Co, an Egyptian state-owned company. The areas are called the Northwest Abu Qir offshore area and the Bellatrix-Seti East block. BP holds a 83% interest in the first area and a 50% interest in the second area.
Read more(Alliance News) - Stocks in London are set to open lower on Monday, amid risk-off sentiment globally, following anti-lockdown protests across several major cities in China.
Read moreNov 25 (Reuters) - Benchmark northwest European gasoline barge refining margins rose to $4.30 a barrel on Friday as crude prices dipped on China demand concerns and a small decline in northwest European stocks.
Trades Bids Offers Prev. Sellers Buyers
(vol.) Trades
Ebob Barges
MOC Platts
E5
(fob ARA)
<EUROBOB-ARA
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Ebob Barges
E10
Platts(fob
ARA)
Ebob Barges $753 $747.6 Totsa Shell
Argus E5(fob (4KT) 0
AR) (5KT)
Ebob Barges $768 $769.8 Totsa Gunvor
E10 Argus (4KT) 0
(fob AR) (7.1KT
)
Dec. swap $738 $741.7
fob ARA 5
Premium $757-$7 Shell BP
Unleaded 74 (2
(fob ARA) barges)
<PU-10PP-ARA
>
Cargoes
(fob MED)
Cargoes (cif
NWE)
Naphtha Nov
(cif NWE) -$1
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Ebob crack (per barrel) $4.302 Prev. $4.075
Brent futures
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Rbob crack <RBc1-CLc1>
Nov 25 (Reuters) - BP Plc will market Guyana's share of crude oil produced over the next year from two offshore production platforms, the South American country's Ministry of Natural Resources said.
Read moreNov 24 (Reuters) - Benchmark northwest European gasoline barge refining margins dropped to $3.28 a barrel on Thursday following a rise in U.S. inventories of the motor fuel last week and despite a small decline in northwest European stocks.
Trades Bids Offers Prev. Sellers Buyers
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Ebob Barges
MOC Platts
E5
(fob ARA)
<EUROBOB-ARA
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Ebob Barges
E10
Platts(fob
ARA)
Ebob Barges $747.60 $775.7 TotalEn Shell,
Argus E5(fob (5KT) 5 ergies BP
AR) (16KT)
Ebob Barges $769.80 $783.5 TotalEn BP, Varo
E10 Argus (7.1KT) 0 ergies,
(fob AR) (6KT) Sahara,
Shell
Dec. swap $741.75 $735.5
fob ARA 0
Premium $782
Unleaded
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<PU-10PP-ARA
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Naphtha Nov -$1 Dec Repsol Shell
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Ebob crack (per barrel) $3.28 Prev. $7.18
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LONDON, Nov 24 (Reuters) - Employees of oil services firm Petrofac working on several of BP's British North Sea oilfields have voted for industrial action on Dec. 8 and 9 over working conditions, the Unite Union said on Thursday.
Read moreLONDON, Nov 24 (Reuters) - Employees of oil services firm Petrofac working on several of BP's British North Sea oilfields have voted for industrial action on Dec. 8 and 9 over working conditions, the Unite Union said on Thursday.
Read more(Sharecast News) - European Union ambassadors failed to agree on the exact level of a proposed price cap on exports of Russian crude oil overnight.
Read moreNov 23 (Reuters) - Benchmark northwest European gasoline barge refining margins rose on Wednesday to $7 a barrel, despite a rise in U.S. inventories of the motor fuel last week, supported by an outage at BP's Rotterdam refinery.
Trades Bids Offers Prev. Sellers Buyers
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Ebob Barges $787
MOC Platts
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(fob ARA)
<EUROBOB-ARA
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E10
Platts(fob
ARA)
Ebob Barges $775.75 $773.7 Trafigu Shell,
Argus E5(fob (16KT) 5, ra, Gunvor
AR) $794.5 Totsa
0
Ebob Barges $783.50 $791, Totsa, Varo,
E10 Argus (6KT) $796.7 Shell Gunvor
(fob AR) 5,
$803.5
0
Dec. swap $735.50 $764.5
fob ARA 0
Premium
Unleaded
(fob ARA)
<PU-10PP-ARA
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Cargoes
(fob MED)
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NWE)
Naphtha Nov Dec
(cif NWE) -$2 -$7
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Ebob crack (per barrel) $ Prev. $
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Rbob crack <RBc1-CLc1>
MILAN, Nov 23 (Reuters) - The president of Mozambique on Wednesday inaugurated the Coral-Sul floating liquefied natural gas (LNG) installation just few days after the terminal operated by Italian energy group Eni shipped its first LNG export to Europe.
Read more(Alliance News) - European markets were looking for direction at midday on Wednesday, as investors awaited the minutes of the most recent US Federal Reserve policy meeting, and as business survey results pointed to a recession.
Read more(Sharecast News) - Washington and its allies were set to announce the level of the price cap for exports of Russian crude oil on Wednesday.
Read more