Roundtable Discussion; The Future of Mineral Sands. Watch the video here.

Less Ads, More Data, More Tools Register for FREE

Pin to quick picksBP Share News (BP.)

Share Price Information for BP (BP.)

London Stock Exchange
Share Price is delayed by 15 minutes
Get Live Data
Share Price: 510.40
Bid: 509.40
Ask: 509.50
Change: -5.40 (-1.05%)
Spread: 0.10 (0.02%)
Open: 516.30
High: 516.60
Low: 506.10
Prev. Close: 515.80
BP. Live PriceLast checked at -

Watchlists are a member only feature

Login to your account

Alerts are a premium feature

Login to your account

US Cash Products-Chicago gasoline, ULSD rise on refinery issues

Tue, 17th Sep 2013 18:34

* Gulf gasoline slips on weak demand * NY Harbor RBOB slightly weaker, thin trading seen HOUSTON, Sept 17 (Reuters) - Chicago gasoline and ultra-low sulfur dieseldifferentials rose on Tuesday after Marathon Petroleum Corp said itwould shut five units at a Kentucky plant for maintenance and another refinerstepped into the market, traders said. Marathon said it planned to shut crude distillation, vacuum, continuouscatalytic regeneration, guard case and vacuum gas oil units next week at its240,000 barrel-per-day (bpd) Catlettsburg refinery. Chicago CBOB gasoline differentials rose 3.00 cents a gallon to 2.00/4.00cents over October RBOB futures traded on the New York Mercantile Exchange asother refineries bid up the grade. Traders said talk of a startup of a fluid catalytic converter at BP Plc's 405,000 bpd Whiting, Indiana, refinery could still dampen CBOB's values. Chicago ULSD rose 0.75 cent a gallon to 3.00/3.50 cents over October heatingoil futures. Group Three gasoline - now the V grade - extended losses as demand wanedtowards the end of the summer driving season. The differentials were 2.00 centsa gallon lower at 3.50/2.50 cents under October RBOB gasoline futures. Group Three ULSD fell 0.25 cent a gallon to 2.50/3.50 cents over Octoberheating oil futures. On the U.S. Gulf Coast, gasoline differentials slid on Tuesday as demandweakened in the well-supplied region, traders said. A3 CBOB fell by 0.75 cent per gallon to 17.25 cents under October RBOBfutures, while conventional M3 gasoline slipped by 1.75 cents per gallon to13.75 cents under, traders said. Gulf heating oil differentials were seen slightly higher, up by a quartercent per gallon in a bid-offer spread of 14.25/13.75 cents under October heatingoil futures, as the market focused on the fuel's new five-day lifting cycle. In the New York Harbor, traders were noting thin trading volume. Prompt F4 grade RBOB gasoline traded at 1.00 cent under the October RBOBfutures benchmark, slightly weaker after trades on Monday seen at 0.75 and 0.60cent under the benchmark. F4-grade supply for later in the month traded at 0.75 cent under thebenchmark. Trading for F2 summer grade finished last week, with the market now focusedon F4 winter grade. M3 conventional gasoline remained pegged either side of 7.00 cents over thefutures benchmark, the level where offers were seen on Monday. Prompt jet fuel retained its strength, with offers still pegged at 5.50under the October heating oil futures benchmark, where sellers were seen onFriday. Bids were pegged at 6.50 cents under the benchmark. Ultra-low sulfur diesel still had sellers' offers at flat to the heating oilfutures benchmark, with bids at 0.25 cent under, where it traded on Monday. Offers for 88-grade heating oil were seen at 8.00 cents under the Octoberbenchmark, after heating oil was pegged on Monday either side of 8.75 centsunder the benchmark. Renewable identification number (RIN) credits were weaker for a secondconsecutive day on Tuesday. Ethanol RINs for the 2013 compliance year traded at54.5 cents each, traders said, down 3.5 cents from trades at 58 cents late on Monday. For more refinery news, please go to Latest day Timing NYMEX Bid Offer Change Contract U.S. GULF COAST <0#P-USG> * Scheduling A3 CBOB gasoline Cycle 53 RBOB -17.50 -17.00 -0.75 M3 conventional gasoline Cycle 53 RBOB -14.00 -13.50 -1.75 62-grade ULSD Cycle 53 HO -3.75 -3.25 0.00 54-grade jet fuel * Cycle 53 HO -12.00 -11.00 0.00 Heating oil Cycle 54 HO -14.25 -13.75 0.25 NEW YORK HARBOR <0#P-NYH> M2 conventional gasoline Prompt RBOB 6.75 7.25 0.25 Any-Month RBOB 7.75 8.00 0.00 F2 RBOB Prompt RBOB -1.25 -1.00 -0.50 Any-Month RBOB -0.75 -0.60 0.25 ULSD Prompt HO -0.25 0.00 -0.25 Any-Month HO 0.00 0.50 0.00 Heating oil Prompt HO -8.25 -8.00 0.75 Any-Month HO -8.50 -8.25 0.00 Jet fuel Prompt HO -6.50 -5.50 0.00 Any-Month HO -3.00 -2.50 0.00 MIDWEST <0#P-G3> <0#P-MC> Chicago CBOB gasoline Cycle 3 RBOB 2.00 4.00 3.00 Chicago ULSD Cycle 3 HO 3.00 3.50 0.75 Group Three gasoline RBOB -3.50 -2.50 -2.00 Group Three ULSD HO 2.50 3.00 -0.25 (Reporting by Kristen Hays in Houston and Robert Gibbons and Sabina Zawadzki inNew York; editing by Jim Marshall)

More News
8 Jan 2024 12:00

LONDON MARKET MIDDAY: FTSE 100 underperforms in muted start to week

(Alliance News) - Stock prices in London traded lower at the start of the week, with oil firms weighing on then FTSE 100, as investors look ahead to the week's key inflation prints.

Read more
8 Jan 2024 08:40

LONDON MARKET OPEN: Commodity-heavy FTSE 100 heads lower; Shell slips

(Alliance News) - The FTSE 100 kicked off the week on a downbeat note at Monday's market open, amid share price falls for commodity stocks.

Read more
6 Jan 2024 12:29

BP investors want oil firm to approach BAE chief as CEO- Sky News

Jan 6 (Reuters) - Some of BP's largest shareholders have urged the company to approach BAE Systems Chief Executive Charles Woodburn about becoming the British oil giant's next boss, Sky News reported on Saturday, citing unidentified sources.

Read more
6 Jan 2024 11:38

BP investors want oil behemoth to target BAE chief as CEO- Sky News

Jan 6 (Reuters) - Some of BP's largest shareholders have urged the company to approach Charles Woodburn, the BAE Systems chief executive, about becoming the company's next boss, Sky news reported on Saturday. (Reporting by Devika Nair in Bengaluru; Editing by Jan Harvey)

Read more
4 Jan 2024 16:54

LONDON MARKET CLOSE: Stocks up ahead of US nonfarm payrolls

(Alliance News) - Stock prices in London closed higher on Thursday, as investors eye the latest US non-farms data.

Read more
4 Jan 2024 13:07

London close: Stocks rise as US jobless claims slow

(Sharecast News) - London markets showed mixed performance on Thursday as investors digested the latest UK services and mortgage data and a fall in jobless claims across the pond.

Read more
4 Jan 2024 12:09

LONDON MARKET MIDDAY: Retailers Next and JD Sports bookend FTSE 100

(Alliance News) - Stock prices in London were slightly higher at midday on Thursday, with the FTSE 100 looking set to snap the two-day losing streak it suffered at the start of the year.

Read more
4 Jan 2024 09:31

LONDON BROKER RATINGS: Jefferies cuts Tullow; Berenberg likes Volex

(Alliance News) - The following London-listed shares received analyst recommendations Thursday morning and Wednesday:

Read more
4 Jan 2024 08:58

LONDON MARKET OPEN: Next leads buoyant FTSE 100 amid services PMIs

(Alliance News) - Stock prices in London opened up on Thursday, amid a slew of services PMI data, including for the UK, while reacting to the latest data from China.

Read more
3 Jan 2024 18:37

Equinor, BP cancel contract to sell offshore wind power to New York

Jan 3 (Reuters) - European energy firms Equinor and BP terminated their agreement to sell power to New York state from their proposed Empire Wind 2 offshore wind farm, citing rising inflation, higher borrowing costs, and supply chain issues.

Read more
3 Jan 2024 17:02

Equinor and BP cancel contract to sell offshore wind power to New York

Jan 3 (Reuters) - Equinor and BP terminated on Wednesday their agreement to sell power to New York state from their 1,260-megawatt Empire Wind 2 offshore wind farm, citing rising inflation, higher borrowing costs, and supply chain issues.

Read more
3 Jan 2024 16:52

LONDON MARKET CLOSE: Stocks down ahead of US Fed minutes

(Alliance News) - Stock prices in London closed lower on Wednesday, as investors nervously look ahead to the latest US Federal Reserve meeting minutes.

Read more
3 Jan 2024 08:18

Chill Brands plots product launches and looks to ease regulatory worry

(Alliance News) - Chill Brands Group PLC on Wednesday said its vape products will soon launch in retail stores, including WH Smith PLC travel locations, and it reported a trio of initiatives to help soothe regulatory scrutiny.

Read more
2 Jan 2024 16:58

LONDON MARKET CLOSE: Stocks down amid disappointing manufacturing data

(Alliance News) - Stock prices in London closed lower on Tuesday, after the year was started with some disappointing data about the UK and US manufacturing sectors.

Read more
29 Dec 2023 13:01

LONDON MARKET CLOSE: UK equities outclassed by other markets in 2023

(Alliance News) - Stock prices in London closed mixed on Friday, the final trading day of 2023, as the annual returns from UK equities were outshone by international markets.

Read more

Login to your account

Don't have an account? Click here to register.

Quickpicks are a member only feature

Login to your account

Don't have an account? Click here to register.