US Cash Crude-Mars eases to lowest in nearly a year
Sept 18 (Reuters) -U.S. coastal cash crude prices eased on Thursday, dealers said, as the spread between U.S. West Texas Intermediate and Brent crude continued to remain weak.
Mars Sour fell 40 cents to a midpoint of a $2.30 discount, its lowest in nearly a year. WTI Midland gained 5 cents.
The WTI/Brent spread widened 2 cents to minus $3.74, bouncing off its narrowest in 3 months. However, a spread below minus $4 discourages exports of US crude.
U.S. crude oil stockpiles fell by 1.6 million barrels to 417.5 million barrels last week, their lowest level in a year, the Energy Information Administration (EIA) said on Wednesday.
Meanwhile, crude production in the U.S. Gulf of Mexico has also bounced back after Hurricane Francine. The hurricane had caused U.S. offshore oil and gas producers to lose 2.47 million barrels of oil due to shut-ins that began last week, according to a Reuters tally of BSEE daily estimates.
The U.S. is seeking to buy up to 6 million barrels of oil to help replenish the Strategic Petroleum Reserve after a historic sale from the facility in 2022, the Energy Department said on Wednesday.
In refining news, U.S. oil refiners are expected to have about 859,000 barrels per day (bpd) of capacity offline in the week ending Sept. 20, increasing available refining capacity by 74,000 bpd, research company IIR Energy said on Wednesday.
* Light Louisiana Sweet WTC-LLS for October delivery fell 35 cents at a midpoint of a $1.15 premium and was seen bid and offered between a 80-cent and $1.50 a barrel premium to U.S. crude futures CLc1
* Mars Sour WTC-MRS fell 40 cents at a midpoint of a $2.3 discount and was seen bid and offered between a $2.50 and $2.10 a barrel discount to U.S. crude futures CLc1
* WTI Midland WTC-WTM gained 5 cents at a midpoint of a 55-cent premium and was seen bid and offered between a 25-cent and 85-cent a barrel premium to U.S. crude futures CLc1
* West Texas Sour WTC-WTS was unchanged at a midpoint of a 30-cent discount and was seen bid and offered between discount of 60 cents and parity to U.S. crude futures CLc1
* WTI at East Houston WTC-MEH, also known as MEH, traded between a 85-cent and $1.25 a barrel premium to U.S. crude futures CLc1
* ICE Brent November futures LCOc1 fell 5 cents to settle at $73.65 a barrel on Wednesday.
* WTI October crude CLc1 futures fell 28 cents to settle at $70.91 a barrel on Wednesday.
* The Brent/WTI spread WTCLc1-LCOc1 widened 2 cents to minus $3.76, after hitting a high of minus $3.61 and a low of minus $3.84.
Reporting by Arathy Somasekhar in Houston; Editing by Will Dunham, David Gregorio and Mohammed Safi Shamsi
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.
