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Share Price Information for BP (BP.)

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Share Price: 462.70
Bid: 463.15
Ask: 463.25
Change: -0.45 (-0.10%)
Spread: 0.10 (0.022%)
Open: 463.35
High: 467.20
Low: 460.40
Prev. Close: 463.15
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Canada crude - Heavy and synthetic grades extend gains

Fri, 07th Jun 2013 21:10

* July WCS last at $14.00/bbl under WTI

* July synthetic last at $4.50/bbl above WTI

CALGARY, Alberta, June 7 (Reuters) - Canadian crude pricesstrengthened on Friday, with heavy oil supported by expectationsof increased refinery demand and light synthetic crude lifted bymarket talk of a production cut.

Western Canada Select heavy blend for July delivery lasttraded at $14.00 per barrel below the West Texas Intermediatebenchmark, according to Shorcan Energy Brokers.

That compares with a settlement price of $14.75 below thebenchmark on Thursday.

Heavy oil has climbed this week on reports Exxon MobilCorp's 238,600 barrel per day refinery in Joliet,Illinois, could return to service this month.

An upgraded crude distillation unit at BP Plc's 405,000 bpd Whiting, Indiana, refinery is also expected to startby the end of June.

Both U.S. refineries process Canadian heavy crude.

Light synthetic crude from the oil sands for July lasttraded at a premium of $4.50 per barrel to WTI, up from asettlement price on Thursday of $4.25 above the benchmark.

One market source said prices had been pushed higher thisweek by a June synthetic crude production cut. A spokeswoman forCanadian Oil Sands Ltd, which owns the largest stake inSyncrude Canada Ltd, declined to comment.

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20 Dec 2023 15:05

London close: Stocks rise as UK inflation slows further

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19 Dec 2023 20:11

Norwegian Johan Sverdrup crude prices soar on Red Sea shipping issues

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19 Dec 2023 19:10

US launches Red Sea force as ships reroute to avoid attacks

Crisis is spillover from Israel-Hamas war

*

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19 Dec 2023 17:14

Shippers mask positions, weigh options amid Red Sea attacks

Dec 19 (Reuters) - A number of container ships are anchored in the Red Sea and others have turned off tracking systems as traders adjust routes and prices in response to maritime attacks by Yemen's Iran-aligned Houthis on the world's main East-West trade route.

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19 Dec 2023 17:01

LONDON MARKET CLOSE: Stocks close higher ahead of UK inflation data

(Alliance News) - Stock prices in Europe closed higher on Tuesday, after data confirmed that the eurozone is inching closer towards its 2% inflation targets.

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19 Dec 2023 15:02

London close: Stocks manage gains amid holiday slowdown

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19 Dec 2023 13:18

UK warns of deteriorating security in Red Sea, Royal Navy ship joins taskforce

LONDON, Dec 19 (Reuters) - Britain warned that the security situation in the Red Sea was deteriorating and ballistic missile and drone attacks were an increased threat, as it agreed for a Royal Navy Destroyer to join a U.S.-led operation to safeguard commerce in the region.

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19 Dec 2023 11:49

LONDON MARKET MIDDAY: FTSE 100 flat; Eurozone inflation cools to 2.4%

(Alliance News) - Stock prices in London were mixed at midday Tuesday, despite news that the eurozone's inflation is edging closer to its 2% target.

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19 Dec 2023 08:47

LONDON MARKET OPEN: Stocks rise as investors pin hopes on US rate cuts

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18 Dec 2023 18:18

Red Sea attacks force rerouting of vessels, disrupting supply chains

Houthis launched series of attacks, latest on Monday

*

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18 Dec 2023 17:40

Europe Gasoline/Naphtha-Margins slip as Red Sea attacks push oil higher

LONDON, Dec 18 (Reuters) - Northwest European gasoline refining slipped by about $1 to $8.6 a barrel as underlying crude prices rose 3% on mounting attacks on ships in the Red Sea.

Trades   Bids     Offers   Prev.    Sellers  Buyers
(vol.) Trades
Ebob $727.50
Barges
MOC
Platts E5
(fob ARA)
<EUROBOB-
ARA>
Ebob $728
Barges
E10
Platts(fo
b ARA)
Ebob $735.50 Varo, Trafigu
Barges (4KT) Glencor ra
Argus e
E5(fob
AR)
Ebob $727 Shell, Varo,
Barges 11KT Exxon Totsa
E10 Argus
(fob AR)
Jan. swap $741.25 $725.25
fob ARA
Premium
Unleaded
(fob ARA)
<PU-10PP-
ARA>
Cargoes
(fob MED)
Cargoes
(cif NWE)
Naphtha Jan
(cif NWE) +$14
<NAF-C-NW
E>

Ebob crack (per barrel) $8.6 Prev. $9.7
Brent futures
Rbob
Rbob crack <RBc1-CLc1>
(Reporting by Ahmad Ghaddar; Editing by Mark Porter)

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18 Dec 2023 16:55

LONDON MARKET CLOSE: FTSE 100 outperforms European peers

(Alliance News) - Stock prices in London closed higher on Monday, after investors shrugged off hawkish comments from US Federal Reserve officials amid festive cheer.

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