US Cash Crude-Mars firms as tropical storm forces shut-ins of Gulf of Mexico output
Nov 5 (Reuters) -Mars Sour crude prices strengthened for a second straight session on Tuesday, dealers said, as oil producers began shutting in U.S. Gulf of Mexico output and pulling workers off platforms ahead of a late hurricane season storm threatening offshore fields.
Mars Sour WTC-MRS strengthened 25 cents to a midpoint of a 75-cent discount to U.S. crude futures CLc1. It had firmed 30 cents on Monday.
Tropical Storm Rafael was forecast to become a Category 1 hurricane by early Wednesday and also closed inbound vessel traffic to the port of Freeport in south Texas.
The US Coast Guard on Monday declared condition 'whiskey' at some ports in Florida including Tampa and St Petersburg, which means vessels must indicate location ahead of the storm and make preparations to dock or leave in the coming day, as gale force winds were expected within 72 hours.
Meanwhile, top oil exporter Saudi Arabia cut the price for the flagship Arab light crude it sells to Asia in December by 50 cents, largely in line with expectations, Saudi Aramco 2223.SE said in a statement on Tuesday. Availability of cheap Saudi Arabian crude could limit Asian refiners' appetite for U.S. crude.
In refining news, the hydrocracker at Marathon Petroleum's MPC.N 631,000 barrel-per-day (bpd) Galveston Bay Refinery in Texas City, Texas, was operating at reduced production levels on Tuesday, sources said.
Marathon Petroleum, the largest U.S. crude oil refiner, plans to operate its 13 refineries at 90% of combined capacity of 2.95 million barrels per day (bpd) in the currentquarter, the company said.
* Light Louisiana Sweet WTC-LLS for December delivery was unchanged at a midpoint of a $1.80 premium and was seen bid and offered between a $1.60 and $2.00 a barrel premium to U.S. crude futures CLc1
* Mars Sour WTC-MRS firmed 25 cents to a midpoint of a 75-cent discount and was seen bid and offered between a $1.00 and 50-cent a barrel discount to U.S. crude futures CLc1
* WTI Midland WTC-WTM was unchanged at a midpoint of a 65-cent premium and was seen bid and offered between a 55-cent and 75-cent a barrel premium to U.S. crude futures CLc1
* West Texas Sour WTC-WTS eased 20 cents to a midpoint of a 80-cent discount and was seen bid and offered between a $1.25 and 35-cent a barrel discount to U.S. crude futures CLc1
* WTI at East Houston WTC-MEH, also known as MEH, traded between a $1.05 and $1.25 a barrel premium to U.S. crude futures CLc1
* ICE Brent January futures LCOc1 rose 45 cents to settle at $75.53 a barrel on Tuesday .
* WTI December crude CLc1 futures rose 52 cents to settle at $71.99 a barrel on Tuesday .
* The Brent/WTI spread WTCLc1-LCOc1 narrowed 9 cents to to last trade at minus $3.96, after hitting a high of minus $3.94 and a low of minus $4.05.
Reporting by Arathy Somasekhar in Houston; Editing by Richard Chang
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.
