LONDON, Dec 9 (Reuters) - Benchmark northwest European
diesel refining margins eased on Monday but were supported by
Royal Dutch Shell's shutdown of half of Europe's largest
refinery.
* Shell said it had shut a unit at its Pernis oil
refinery in the Netherlands after a crude spill a day earlier.
Industry monitor Genscape said the 200,000 barrel-per-day (bpd)
crude unit (CD6) was shut on Monday morning.
* The refinery is Europe's largest and has a capacity to
process
404,000 bpd of crude.
* U.S. oil refiners are expected to have 268,000 bpd of
capacity
offline for the week ending Dec. 13, increasing available
refining capacity by 279,000 bpd from the previous week,
research company IIR Energy said on Monday.
* The crude unit of Marathon Petroleum's Catlettsburg
refinery
will be taken offline for maintenance in August 2020, according
to a source familiar with operations at the plant. The refinery,
located in northeast Kentucky, has a crude processing capacity
of 277,000 bpd.
* Air France will operate 75% of its domestic
flights
Tuesday due to strike.
Gasoil Trades Bids Offers Previous Seller Buyer
Session
0.1 GO Dec
Barge -$13.50
diffs fob /-$14.0
ARA per 0
tonne
<GO-ED-AR
A>
0.1 GO 2
Cargo cargoes
diffs cif NWE
NWE per flat,
tonne NWE +$2
<GO-CND-N (Le
WE> Havre)
0.1 GO
Cargo
diffs cif
Med per
tonne
<GO-CND-M
ED>
50ppm Dec Dec
barge -$4.50 -$5.50
diffs fob
ARA per
tonne
<GO50PPM-
ED-ARA>
Diesel Trades Bids Offers Previous Seller Buyer
Session
Diesel Dec Dec -$1 Glenco Vitol
barge $-1 - re
diffs fob $-1.25
ARA (6.35KT
Per tonne )
<ULSD10-B
D-ARA>
Diesel Jan +$8 Dec
cargo (cif Le +$6.75
diffs cif Havre) (cif
NWE Amsterd
Per tonne Dec +$3 am)
<ULSD10-A (cif
NYD-NWE> Amsterd
am)
Dec
+$6.75
(cif
Thames)
Diesel Dec
cargo +$8.5
diffs cif (Lavera
Med )
per tonne
<DL-CIFD-
MED>
Jet fuel Trades Bids Offers Previous Sell Buy
Session
Jet fuel Jan Jan KLM Shell
barge +$29 +$29-$33
diffs fob
FARAG
per tonne
<JET-BD-A
RA>
Jet fuel CCM Dec
cargo -$2.50 +$41
cif NWE (Rotter (Le
per tonne dam) Havre)
<JET-CD-N Jan +
WE> $38
(Rotter
dam)
Fuel Oil Trades Bids Offers Previous Sell Buy
Session
0.5% barge $482 $490
fob ARA per
tonne
3.5% barge $228-$2 Litasc BP,
fob ARA per 29 o Shell
tonne (6KT)
<HFO-ARA>
ICE Low Sulphur Gasoil
Diesel crack <LGOc1-LCOc1>
Diesel spread <LGOc1-LGOc2>
(Reporting by Bozorgmehr Sharafedin; Editing by Pravin Char)
27 Oct 2022 07:30
Shell announces $4bn share buyback as Q3 profits beat expectations
(Sharecast News) - Oil giant Shell announced a $4bn share buyback on Thursday as it posted better-than-expected third-quarter profits.