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: 515.80
Bid: 516.20
Ask: 516.40
Change: 6.40 (1.26%)
Spread: 0.20 (0.039%)
Open: 508.50
High: 517.60
Low: 503.60
Prev. Close: 509.40
BP. Live PriceLast checked at -

Watchlists are a member only feature

Login to your account

Alerts are a premium feature

Login to your account

U.S. Cash Products-Gulf gasoline up on refinery outages, scheduling

Mon, 06th Apr 2015 18:46

* Gulf gasoline up on refinery unit outages, pipeline scheduling * Chicago gasoline higher on cycle change * NY harbor gasoline grades weaken, high sulfur heating oil stronger HOUSTON, April 6 (Reuters) - U.S. Gulf Coast cash gasoline differentials tobenchmark futures rose on Monday on a combination of refinery unit outages andscheduling of the latest five-day lifting cycles for A- and M-grades to move onthe Colonial pipeline, traders said. A gasoline-producing fluid catalytic cracking unit (FCCU) at MarathonPetroleum Corp's 451,000 barrels-per-day (bpd) Galveston Bay refinery inTexas City, Texas, shut down on Saturday night because of a power outage. Asecond FCCU also has been shut since mid-January because of a malfunction. Phillips 66 on Monday was restarting its 247,000-bpd Alliancerefinery in Belle Chasse, Louisiana, after a power outage caused a shutdown onSaturday. A2 CBOB, or conventional regular gasoline blendstock formulated for blendingwith 10 percent ethanol, traded at a 19.25-cent discount to May RBOB futures, up 1.75 cents per gallon, while conventional M2 gasoline traded at a15.50-cent discount to futures, up 2.00 cents per gallon, traders said. The Gulf ultra-low sulfur diesel (ULSD) differential slipped 1.25 cents pergallon to an 8.00-cent discount to May ULSD futures on weaker demand,traders said. In the Midwest, Chicago gasoline and ULSD differentials were higher asprompt trade began on a new cycle on Monday, traders said. An FCCU at BP Plc's 413,500 bpd refinery in Whiting, Indiana, alsoremained shut for repairs on Monday, while a crude distillation unit that shuton Friday had resumed normal operations. Chicago gasoline was seen in a bid-offer spread of 17.00-15.00 cents underMay RBOB futures, up about 2.50 cents per gallon from the previous cycle'sfinish last week. Chicago ULSD was 4.50 cents per gallon higher at a 7.50-centdiscount to May ULSD futures, traders said. New York Harbor gasoline grades were pegged weaker as the benchmark futuresrallied with crude futures. M2 for cycle 16 on the Colonial pipeline was pegged0.50 cent weaker at 8.25 cents under May RBOB. Prompt F4 RBOB weakened 1.50 cents to 18.50 cents under May RBOB, while F2grade offers were about 0.25 cent weaker at 0.50 cent over benchmark futures. High sulfur heating oil was pegged 1.50 cents stronger at 13 cents under MayULSD, while ULSD was up 0.25 cent at 0.75 cent over the benchmark for cycle-16barrels off the Colonial pipeline. Barge ULSD barrels had buyers bidding even tothe benchmark futures. Prices for Renewable Identification Number (RIN) credits were littlechanged, traders and brokers said. Ethanol credits for 2015 compliance traded at 68 and 68.25 cents each.Buyers' bids were at 68 cents on Thursday. Credits for 2014 were at a bid-offerspread of 70/71.50 cents. Biodiesel 2015 credits had bids at 80 cents, while sellers asked 83 cents.They traded on Thursday at 81 cents. Credits for 2014 had bids from buyers at 77cents, after they traded on Thursday at 76.5 cents. For more refinery news, please go to Latest day Timing NYMEX Bid Offer Change Contract U.S. GULF COAST <0#P-USG> * Scheduling A2 CBOB gasoline * Cycle 20 RBOB -19.75 -19.25 1.75 M2 conventional gasoline * Cycle 20 RBOB -15.75 -15.25 2.00 62-grade ULSD Cycle 19 HO -8.25 -7.75 -1.25 54-grade jet fuel * Cycle 19 HO -15.00 -14.00 0.00 Heating oil Cycle 19 HO -22.25 -21.75 -1.00 NEW YORK HARBOR <0#P-NYH> M2 conventional gasoline Prompt RBOB -8.50 -8.25 -0.50 Any-Month RBOB -8.50 -8.25 -0.50 F4 RBOB Prompt RBOB -18.75 -18.25 -1.50 Any-Month RBOB -19.00 -18.50 -1.50 ULSD Prompt HO 0.50 1.00 0.25 Any-Month HO 0.00 0.50 0.00 Heating oil Prompt HO -13.25 -12.75 1.50 Any-Month HO -13.25 -12.75 1.50 Jet fuel Prompt HO -6.25 -5.75 0.00 Any-Month HO -6.25 -5.75 0.00 MIDWEST <0#P-G3> <0#P-MC> Chicago CBOB gasoline Cycle 2 RBOB -17.00 -15.00 2.50 Chicago ULSD Cycle 2 HO -8.00 -7.00 4.50 Group Three gasoline RBOB -17.50 -17.00 0.25 Group Three ULSD HO -9.50 -9.00 -0.50 (Reporting by Kristen Hays in Houston and Robert Gibbons in New York; Editingby)

More News
5 Apr 2024 12:00

LONDON MARKET MIDDAY: Stocks drop on Israel-Iran tensions and Fed talk

(Alliance News) - Stock prices in London were firmly down at midday on Friday, as rising tensions between Israel and Iran alongside doubts around the timing of US interest rate cuts hurt investor sentiment.

Read more
5 Apr 2024 08:47

LONDON MARKET OPEN: Europe slumps on US rate worry and rising tensions

(Alliance News) - Stocks in Europe had a downbeat start to the day on Friday, with investors unnerved by rising geopolitical tensions and hawkish remarks from US central bankers.

Read more
4 Apr 2024 16:55

LONDON MARKET CLOSE: US initial jobless claims hotter than expected

(Alliance News) - Stock prices in London closed up on Thursday, as investors first digested words from US Federal Reserve Chair Jerome Powell overnight, before reacting to hotter-than-expected US initial jobless claims.

Read more
4 Apr 2024 11:58

LONDON MARKET MIDDAY: Stocks up as Fed chair calms some rate nerves

(Alliance News) - Stock prices in London were in the green on Thursday afternoon, with mining stocks powering the FTSE 100 higher, as investors digested words from Federal Reserve Chair Jerome Powell.

Read more
2 Apr 2024 23:07

Sector movers: Builders and REITS slip, geopolitics boost Big Oil and gold miners

(Sharecast News) - Personal Goods was at the bottom of the pile on the FTSE 350 at the start of the second quarter, as fashion retailer Burberry Group's shares fell back towards their five-year lows.

Read more
2 Apr 2024 16:57

LONDON MARKET CLOSE: Europe down after Easter holiday weekend

(Alliance News) - The FTSE 100 took a hit on Tuesday, after a boost from London's miners and oil firms were not enough to lift the index.

Read more
2 Apr 2024 15:22

London close: Stocks turn red on return from Easter break

(Sharecast News) - UK stocks experienced a downturn by the end of trading on Tuesday, as investors resumed activity following the extended weekend, with initial gains reversed by the close ahead of a week marked by a number of key economic data releases.

Read more
2 Apr 2024 11:00

Biden administration approves eighth US offshore wind project

WASHINGTON, April 2 (Reuters) - The U.S. Interior Department on Tuesday approved the country's eighth commercial-scale offshore wind project, which will be built off the coast of Massachusetts, bringing online electricity to power more than 900,000 homes.

Read more
2 Apr 2024 09:09

LONDON MARKET OPEN: FTSE 100 up as oil majors and gold miners shine

(Alliance News) - Stock prices in London opened higher on Tuesday, in confident trade following the long Easter weekend, ahead of a UK manufacturing sector reading later in the morning.

Read more
2 Apr 2024 08:55

European oil stocks gain on expectations for higher demand, supply concerns

Read more
28 Mar 2024 10:00

How the oil industry is thriving despite Joe Biden's climate policies

GRAPHIC on Biden's oil boom: https://www.reuters.com/graphics/USA-BIDEN/OIL/lgpdngrgkpo/

By Nichola Groom, Jarrett Renshaw

Read more
27 Mar 2024 20:59

New England offshore wind auction draws multiple bidders

March 27 (Reuters) -

Read more
27 Mar 2024 12:47

Ithaca Energy gets bid rights on Eni's UK assets, profit slips

March 27 (Reuters) - Ithaca Energy has been given a four-week exclusivity period by Italy's Eni, to make an offer for UK exploration and production assets that could expand its output massively, the London-listed company said on Wednesday.

Read more
27 Mar 2024 09:01

Big Oil's climate planning not good enough, investor group says

Climate Action 100+ assessed 10 top oil companies

*

Read more
27 Mar 2024 08:31

Big Oil's climate planning not good enough, investor group says

Climate Action 100+ assessed 10 top oil companies

*

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.