US Cash Crude-Grades up as Storm Francine and a dip in US stocks tighten supply
Sept 10 (Reuters) -U.S. crude grades broadly rose on Tuesday, dealers said, as Tropical Storm Francine caused operators to shut in a quarter of offshore production in the Gulf of Mexico, and U.S. crude stocks fell according to API data.
Francine was intensifying and on track to become a hurricane on Tuesday, the U.S. National Hurricane Center said, prompting oil and gas companies to shut in Gulf of Mexico production.
Energy companies shut-in 412,070 barrels per day of oil production, about 24% of the U.S. Gulf of Mexico production, and evacuated staff from 130 production platforms, the U.S. offshore regulator Bureau of Safety and Environmental Enforcement said on Tuesday.
Meanwhile, U.S. crude oil and gasoline inventories fell while distillates rose last week, according to market sources citing American Petroleum Institute figures on Tuesday.
The API figures showed crude stocks fell by 2.793 million barrels in the week ended Sept. 6, the sources said, speaking on condition of anonymity. Gasoline inventories fell by 513,000 barrels, and distillates rose by 191,000 barrels.
In refining news, Exxon Mobil Corp XOM.N was planning to cut production at its 522,500 barrel-per-day (bpd) Baton Rouge to as low as 20% of the capacity, Louisiana refinery on Tuesday before Francine is expected to make landfall on Wednesday, said two people familiar with plant operations.
* Light Louisiana Sweet WTC-LLS for October delivery gained 3 cents at a midpoint of a $2.03 premium and was seen bid and offered between a $1.75 and $2.30 a barrel premium to U.S. crude futures CLc1
* Mars Sour WTC-MRS gained 10 cents at a midpoint of a 70-cent discount and was seen bid and offered between a 80-cent and 60-cent a barrel discount to U.S. crude futures CLc1
* WTI Midland WTC-WTM was unchanged at a midpoint of a 80-cent premium and was seen bid and offered between a 70-cent and 90-cent a barrel premium to U.S. crude futures CLc1
* West Texas Sour WTC-WTS gained 7 cents at a midpoint of a 13-cent discount and was seen bid and offered between a discount of 45 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 $1.40 and $1.60 a barrel premium to U.S. crude futures CLc1
* ICE Brent November futures LCOc1 fell $2.65 to settle at $69.19 a barrel on Tuesday.
* WTI October crude CLc1 futures fell $2.96 to settle at $65.75 a barrel on Tuesday.
* The Brent/WTI spread WTCLc1-LCOc1 widened last to minus $3.93, after hitting a high of minus $3.85 and a low of minus $4.10.
Reporting by Georgina McCartney in Houston
면책조항: XM Group 회사는 체결 전용 서비스와 온라인 거래 플랫폼에 대한 접근을 제공하여, 개인이 웹사이트에서 또는 웹사이트를 통해 이용 가능한 콘텐츠를 보거나 사용할 수 있도록 허용합니다. 이에 대해 변경하거나 확장할 의도는 없습니다. 이러한 접근 및 사용에는 다음 사항이 항상 적용됩니다: (i) 이용 약관, (ii) 위험 경고, (iii) 완전 면책조항. 따라서, 이러한 콘텐츠는 일반적인 정보에 불과합니다. 특히, 온라인 거래 플랫폼의 콘텐츠는 금융 시장에서의 거래에 대한 권유나 제안이 아닙니다. 금융 시장에서의 거래는 자본에 상당한 위험을 수반합니다.
온라인 거래 플랫폼에 공개된 모든 자료는 교육/정보 목적으로만 제공되며, 금융, 투자세 또는 거래 조언 및 권고, 거래 가격 기록, 금융 상품 또는 원치 않는 금융 프로모션의 거래 제안 또는 권유를 포함하지 않으며, 포함해서도 안됩니다.
이 웹사이트에 포함된 모든 의견, 뉴스, 리서치, 분석, 가격, 기타 정보 또는 제3자 사이트에 대한 링크와 같이 XM이 준비하는 콘텐츠 뿐만 아니라, 제3자 콘텐츠는 일반 시장 논평으로서 "현재" 기준으로 제공되며, 투자 조언으로 여겨지지 않습니다. 모든 콘텐츠가 투자 리서치로 해석되는 경우, 투자 리서치의 독립성을 촉진하기 위해 고안된 법적 요건에 따라 콘텐츠가 의도되지 않았으며, 준비되지 않았다는 점을 인지하고 동의해야 합니다. 따라서, 관련 법률 및 규정에 따른 마케팅 커뮤니케이션이라고 간주됩니다. 여기에서 접근할 수 있는 앞서 언급한 정보에 대한 비독립 투자 리서치 및 위험 경고 알림을 읽고, 이해하시기 바랍니다.