US Cash Crude-Grades tick higher as Hurricane Helene approaches Florida
Sept 25 (Reuters) -Cash crude grades rose on Wednesday, dealers said, as domestic stocks fell and offshore operators shut in production in advance of Hurricane Helene's landfall on the Florida coast on Thursday.
Meanwhile, Wednesday marked the third and final day of the roll trade period, used by traders to square their positions and manage exposure.
About 29% of crude production and 17% of natural gas output in the U.S. Gulf of Mexico were shut in response to Helene, the U.S. Bureau of Safety and Environmental Enforcement said.
Energy producers had shut-in 511,000 barrels per day of oil production and nearly 313 million cubic feet of natural gas from Gulf waters, the bureau added.
Further tightening domestic supplies, U.S. oil inventories fell across the board last week, the Energy Information Administration said, drawing down more than expected and with crude oil stockpiles hitting their lowest level in nearly 2-1/2 years.
Crude stocks dropped by 4.5 million barrels to 413 million barrels in the week ended Sept. 20, the EIA said, compared with analysts' expectations in a Reuters poll for a 1.4 million-barrel draw.
U.S. oil refiners are expected to have about 1.03 million bpd of capacity offline in the week ending Sept. 27, decreasing available refining capacity by 36,000 bpd, research company IIR Energy said.
Offline capacity is expected to rise to 1.09 million bpd in the week ending Oct. 4, IIR added.
* Light Louisiana Sweet WTC-LLS for October delivery gained 50 cents at a midpoint of a $2.50 premium and was seen bid and offered between a $2.40 and $2.60 a barrel premium to U.S. crude futures CLc1
* Mars Sour WTC-MRS gained 10 cents at a midpoint of a $1.60 discount and was seen bid and offered between a $1.70 and $1.50 a barrel discount to U.S. crude futures CLc1
* WTI Midland WTC-WTM gained 40 cents at a midpoint of a 95-cent premium and was seen bid and offered between a 85-cent and $1.05 a barrel premium to U.S. crude futures CLc1
* West Texas Sour WTC-WTS gained 25 cents at a midpoint of a 15-cent discount and was seen bid and offered between a discount of 50 cents and 20-cent a barrel premium to U.S. crude futures CLc1
* WTI at East Houston WTC-MEH, also known as MEH, traded between a $1.70 and $1.90 a barrel premium to U.S. crude futures CLc1
* ICE Brent November futures LCOc1 fell $1.71 to settle at $73.46 a barrel
* WTI November crude CLc1 futures fell $1.87 to settle at $69.69 a barrel
* The Brent/WTI spread WTCLc1-LCOc1 widened last to minus $3.61, after hitting a high of minus $3.61 and a low of minus $3.83.
Reporting by Georgina McCartney in Houston
Editing by Marguerita Choy
Berita Terkini
Penafian: Entiti XM Group menyediakan perkhidmatan pelaksanaan sahaja dan akses ke Kemudahan Dagangan Atas Talian, yang membolehkan sesorang melihat dan/atau menggunakan kandungan yang ada di dalam atau melalui laman web, tidak bertujuan untuk mengubah atau memperluas, juga tidak mengubah atau mengembangkannya. Akses dan penggunaan tersebut tertakluk kepada: (i) Terma dan Syarat; (ii) Amaran Risiko; dan Penafian Penuh. Oleh itu, kandungan sedemikian disediakan tidak lebih dari sekadar maklumat umum. Terutamanya, perlu diketahui bahawa kandungan Kemudahan Dagangan Atas Talian bukan permintaan, atau tawaran untuk melakukan transaksi dalam pasaran kewangan. Berdagang dalam mana-mana pasaran kewangan melibatkan tahap risiko yang besar terhadap modal anda.
Semua bahan yang diterbitkan di Kemudahan Dagangan Atas Talian kami bertujuan hanya untuk tujuan pendidikan/maklumat dan tidak mengandungi – dan tidak boleh dianggap mengandungi nasihat kewangan, cukai pelaburan atau dagangan dan cadangan, atau rekod harga dagangan kami, atau tawaran, atau permintaan untuk suatu transaksi dalam sebarang instrumen kewangan atau promosi kewangan yang tidak diminta kepada anda.
Sebarang kandungan pihak ketiga serta kandungan yang disediakan oleh XM, seperti pendapat, berita, penyelidikan, analisis, harga, maklumat lain atau pautan ke laman web pihak ketiga yang terdapat dalam laman web ini disediakan berdasarkan "seadanya" sebagai ulasan pasaran umum dan bukanlah nasihat pelaburan. Sesuai dengan apa-apa kandungan yang ditafsir sebagai penyelidikan pelaburan, anda mestilah ambil perhatian dan menerima bahawa kandungan tersebut tidak bertujuan dan tidak sediakan berdasarkan keperluan undang-undang yang direka untuk mempromosikan penyelidikan pelaburan bebas dan oleh itu, ia dianggap sebagai komunikasi pemasaran di bawah peraturan dan undang-undang yang berkaitan. SIla pastikan bahawa anda telah membaca dan memahami Notifikasi mengenai Penyelidikan Pelaburan Bukan Bebas dan Amaran Risiko mengenai maklumat di atas yang boleh diakses di sini.
