Ryan Mee, CEO of Fulcrum Metals, reviews FY23 and progress on the Gold Tailings Hub in Canada. 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
6 Feb 2024 09:04

TOP NEWS: BP promises buybacks and hikes dividend despite profit fall

(Alliance News) - BP PLC on Tuesday reaffirmed it is sticking to its commitment to share buybacks despite reporting a profit decline amid a fall in oil prices.

Read more
6 Feb 2024 08:53

LONDON MARKET OPEN: BP jumps after unveiling share buyback

(Alliance News) - The FTSE 100 in London opened higher on Tuesday, with oil major BP at the top of the index, thanks to its new share buyback programme.

Read more
6 Feb 2024 07:47

LONDON BRIEFING: BP promises buyback despite drop in profit

(Alliance News) - Stocks in London are called to open higher, ahead of a slew of construction purchasing managers' index readings from the eurozone, the UK and Germany.

Read more
6 Feb 2024 07:02

BP unveils $1.75bn buyback as 2023 profits halve on weaker oil price

(Sharecast News) - Shares in BP surged on Tuesday as the energy giant announced a $1.75bn share buyback despite a slump in annual profits as oil prices fell during 2023 from the spike caused by Russia's invasion of Ukraine.

Read more
2 Feb 2024 17:12

LONDON MARKET CLOSE: Stocks mixed as US jobs data dashes rate cut hope

(Alliance News) - Stock prices in London closed mixed, after hotter-than-expected US jobs data hit already precarious investor sentiment and all but ensured the Federal Reserve will not be cutting interest rates next month.

Read more
2 Feb 2024 13:14

BP appoints Kate Thomson as its permanent finance chief

(Sharecast News) - BP announced the appointment of Kate Thomson as its new, permanent chief financial officer on Friday, effective immediately.

Read more
2 Feb 2024 12:27

TOP NEWS: BP promotes Kate Thomson as permanent finance chief

(Alliance News) - BP PLC on Friday named Kate Thomson as its permanent chief financial officer, after being in the interim role since September.

Read more
2 Feb 2024 12:09

LONDON MARKET MIDDAY: Airlines up but oil falls on Middle East talks

(Alliance News) - Stock prices in London were higher at midday Friday, ahead of the afternoon's US jobs data, as earnings from tech behemoths overnight lifted investor morale.

Read more
2 Feb 2024 08:54

LONDON MARKET OPEN: European stocks lifted on Wall Street's gains

(Alliance News) - Stock prices in London opened higher on Friday, closing of a busy week of monetary policy decisions.

Read more
1 Feb 2024 17:03

LONDON MARKET CLOSE: Stocks down on hawkish BoE interest rates hold

(Alliance News) - Stock prices in London closed down on Thursday after the Bank of England left interest rates on hold in a split decision that was hawkish on expectations of rate cuts.

Read more
1 Feb 2024 12:22

LONDON MARKET MIDDAY: BoE keeps bank rate on hold in split decision

(Alliance News) - London's FTSE 100 was on the up on Thursday afternoon after the Bank of England left interest rates on hold on Thursday, in a split decision.

Read more
1 Feb 2024 10:06

New UK oil and gas exploration licences approved in the North Sea

(Alliance News) - The UK's oil and gas regulator has awarded 24 new exploration licences to 17 separate companies in a move that has been welcomed by a trade body but condemned by climate campaigners.

Read more
1 Feb 2024 08:50

LONDON MARKET OPEN: Shells begins USD3.5 billion buyback; eyes on BoE

(Alliance News) - Stock prices in London opened mixed, ahead of the Bank of England's first interest rate decision of the year.

Read more
30 Jan 2024 15:28

UK earnings, trading statements calendar - next 7 days

Wednesday 31 January 
Aberforth Smaller Companies Trust PLCFull Year Results
abrdn Private Equity Opportunities Trust PLCFull Year Results
Ecora Resources PLCTrading Statement
GSK PLCFull Year Results
ITM Power PLCHalf Year Results
NWF Group PLCHalf Year Results
Thursday 1 February 
Airtel Africa PLCTrading Statement
AG Barr PLCTrading Statement
BT Group PLCTrading Statement
Cranswick PLCTrading Statement
Gem Diamonds LtdTrading Statement
Glencore PLCTrading Statement
JTC PLCTrading Statement
Rank Group PLCHalf Year Results
Shell PLCFull Year Results
TClarke PLCTrading Statement
Friday 2 February 
YouGov PLCTrading Statement
Monday 5 February 
Home REIT PLCTrading Statement
Porvair PLCFull Year Results
Trident Royalties PLCTrading Statement
Vodafone Group PLCTrading Statement
Tuesday 6 February 
Alumasc Group PLCHalf Year Results
BP PLCFull Year Results
Filtronic PLCHalf Year Results
Mattioli Woods PLCHalf Year Results
Renishaw PLCHalf Year Results
Virgin Money UK PLCTrading Statement
  
Comments and questions to newsroom@alliancenews.com
  
A full 21-day events calendar is provided each day with a subscription to Alliance News UK Professional.
  
Copyright 2024 Alliance News Ltd. All Rights Reserved.

Read more
29 Jan 2024 17:25

London close: Stocks turn weaker ahead of busy week for earnings

(Sharecast News) - London's stock market saw slight declines by the close on Monday, as investors turned their attention to a week filled with corporate earnings reports and central bank announcements.

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.