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
29 Jan 2024 17:02

LONDON MARKET CLOSE: Stocks slightly down pre US Fed, Bank of England

(Alliance News) - Stock prices in London closed mutedly lower on Monday, ahead of a busy week of interest rate decisions and economic data.

Read more
29 Jan 2024 12:02

LONDON MARKET MIDDAY: FTSE 100 nudges higher ahead of rate decisions

(Alliance News) - Stock prices in London were mixed going into Monday afternoon, ahead of a busy week of interest rate decisions and economic data.

Read more
29 Jan 2024 08:41

LONDON MARKET OPEN: BP, Shell higher amid Middle East tensions

(Alliance News) - Stock prices in Europe opened mostly lower, ahead of an important week of central bank decisions and economic data.

Read more
26 Jan 2024 23:06

Equinor, Orsted bid for better contract in NY offshore wind auction

Jan 26 (Reuters) - New York State said on Friday it received bids to supply power from three offshore wind projects in its expedited fourth solicitation that allowed developers to exit old contracts and re-offer projects at higher prices.

Read more
26 Jan 2024 17:02

LONDON MARKET CLOSE: Stocks up as Fed's preferred inflation read cools

(Alliance News) - Stock prices in London closed up on Friday, as investors predicted and responded positively to a cooling inflation read in the US.

Read more
26 Jan 2024 13:16

Equinor sticks to 2030 renewables targets after US wind project reset

OSLO, Jan 26 (Reuters) -

Read more
26 Jan 2024 12:11

LONDON MARKET MIDDAY: China growth measures and LVMH lift mood

(Alliance News) - Stock prices in London were up at midday, with investors optimistic ahead of a key US inflation reading.

Read more
26 Jan 2024 10:03

Equinor sticks to 2030 renewables targets after US wind reshuffle

OSLO, Jan 26 (Reuters) - Norway's Equinor maintains an ambition to reach 12-16 gigawatts (GW) of installed renewable energy capacity by 2030, despite dropping out of some projects in New York, its renewables head told Reuters on Friday.

Read more
26 Jan 2024 08:48

LONDON MARKET OPEN: Oil majors boost FTSE; LVMH lifts Burberry

(Alliance News) - The FTSE 100 looked set to end the week on a high note in early Friday trading, buoyed by strong US economic data and rising oil prices.

Read more
25 Jan 2024 11:00

Big turnout expected in New York offshore wind power auction

Jan 25 (Reuters) - Several offshore wind developers will likely bid in New York's fourth offshore wind solicitation by the Thursday deadline, including units of European energy firms Orsted, Equinor and BP.

Read more
23 Jan 2024 17:25

BP sees Trinidad deepwater gas project getting greenlight as soon as 2025

PORT OF SPAIN, Jan 23 (Reuters) - BP expects the Calypso deepwater natural gas field off Trinidad and Tobago, which it shares with Woodside Energy, to get the greenlight when a final investment decision (FID) is made as early as the end of next year, a company executive said.

Read more
23 Jan 2024 08:47

LONDON MARKET OPEN: Stocks see muted open; oil majors rise

(Alliance News) - Stock prices in London opened largely flat on Tuesday, failing to capitalise on broadly positive market sentiment elsewhere.

Read more
22 Jan 2024 19:33

Trinidad in talks with Europe to supply Venezuelan gas

PORT OF SPAIN, Jan 22 (Reuters) - Trinidad and Tobago has begun talks with some European countries on the supply of liquefied natural gas (LNG) produced from Venezuelan gas, Prime Minister Keith Rowley said on Monday.

Read more
22 Jan 2024 10:44

SDI promotes Chief Operating Officer Stephen Brown to chief executive

(Alliance News) - SDI Group PLC on Monday said its chief executive officer has stepped down, naming its chief operating officer as successor.

Read more
18 Jan 2024 21:47

Three New England states extend offshore wind solicitation due date

Jan 18 (Reuters) - Massachusetts, Connecticut and Rhode Island extended on Thursday the date bids are due in the states' next offshore wind solicitations from Jan. 31 to March 27.

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.