US Cash Crude-Grades firm on first day of September trade
July 26 (Reuters) -U.S. grades mostly strengthened on Friday, the first day of September trade, dealers said.
Mars Sour WTC-MRS gained 40 cents, while WTI at East Houston WTC-MEH, also known as MEH, strengthened 20 cents. WTI Midland WTC-WTM remained unchanged.
U.S. oil rigs, an indicator of future supply, rose by three in July, putting the count up for the first month since March, according to Baker Hughes' rig count report.
Also on the supply side, wildfires continued to rage in Canada, threatening supply.
Meanwhile, Nigeria's major Dangote oil refinery is reselling cargoes of U.S. and Nigerian crude, four trade sources familiar with the matter said on Friday.
In refining news, U.S. oil refiners are expected to have about 671,000 barrels per day (bpd) of capacity offline in the week ending July 26, decreasing available refining capacity by 12,000 bpd, research company IIR Energy said on Friday.
Offline capacity is expected to fall to 504,000 bpd in the week ending Aug. 2 and further to 465,000 bpd in the subsequent week, IIR added.
* Light Louisiana Sweet WTC-LLS for September delivery fell 50 cents to a midpoint of a $2.00 premium and was seen bid and offered between a $1.70 and $2.30 a barrel premium to U.S. crude futures CLc1
* Mars Sour WTC-MRS gained 40 cents at a midpoint of a $1.2 discount and was seen bid and offered between a $1.40 and $1.00 a barrel discount to U.S. crude futures CLc1
* WTI Midland WTC-WTM was unchanged at a midpoint of a 85-cent premium and was seen bid and offered between a 70-cent and $1.00 a barrel premium to U.S. crude futures CLc1
* West Texas Sour WTC-WTS gained 65 cents at a midpoint of a parity and was seen bid and offered between a discount of 20 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 $1.00 and $1.40 a barrel premium to U.S. crude futures CLc1
* ICE Brent September futures LCOc1 fell $1.24 to settle at $81.13 a barrel on Friday.
* WTI September crude CLc1 futures fell $1.12 to settle at $77.16 a barrel on Friday.
* The Brent/WTI spread WTCLc1-LCOc1 narrowed 3 cents to minus $4.06, after hitting a high of minus $3.93 and a low of minus $4.13.
Reporting by Arathy Somasekhar in Houston; Editing by Richard Chang
Pinakabagong Balita
Disclaimer: Ang mga kabilang sa XM Group ay nagbibigay lang ng serbisyo sa pagpapatupad at pag-access sa aming Online Trading Facility, kung saan pinapahintulutan nito ang pagtingin at/o paggamit sa nilalaman na makikita sa website o sa pamamagitan nito, at walang layuning palitan o palawigin ito, at hindi din ito papalitan o papalawigin. Ang naturang pag-access at paggamit ay palaging alinsunod sa: (i) Mga Tuntunin at Kundisyon; (ii) Mga Babala sa Risk; at (iii) Kabuuang Disclaimer. Kaya naman ang naturang nilalaman ay ituturing na pangkalahatang impormasyon lamang. Mangyaring isaalang-alang na ang mga nilalaman ng aming Online Trading Facility ay hindi paglikom, o alok, para magsagawa ng anumang transaksyon sa mga pinansyal na market. Ang pag-trade sa alinmang pinansyal na market ay nagtataglay ng mataas na lebel ng risk sa iyong kapital.
Lahat ng materyales na nakalathala sa aming Online Trading Facility ay nakalaan para sa layuning edukasyonal/pang-impormasyon lamang at hindi naglalaman – at hindi dapat ituring bilang naglalaman – ng payo at rekomendasyon na pangpinansyal, tungkol sa buwis sa pag-i-invest, o pang-trade, o tala ng aming presyo sa pag-trade, o alok para sa, o paglikom ng, transaksyon sa alinmang pinansyal na instrument o hindi ginustong pinansyal na promosyon.
Sa anumang nilalaman na galing sa ikatlong partido, pati na ang mga nilalaman na inihanda ng XM, ang mga naturang opinyon, balita, pananaliksik, pag-analisa, presyo, ibang impormasyon o link sa ibang mga site na makikita sa website na ito ay ibibigay tulad ng nandoon, bilang pangkalahatang komentaryo sa market at hindi ito nagtataglay ng payo sa pag-i-invest. Kung ang alinmang nilalaman nito ay itinuring bilang pananaliksik sa pag-i-invest, kailangan mong isaalang-alang at tanggapin na hindi ito inilaan at inihanda alinsunod sa mga legal na pangangailangan na idinisenyo para maisulong ang pagsasarili ng pananaliksik sa pag-i-invest, at dahil dito ituturing ito na komunikasyon sa marketing sa ilalim ng mga kaugnay na batas at regulasyon. Mangyaring siguruhin na nabasa at naintindihan mo ang aming Notipikasyon sa Hindi Independyenteng Pananaliksik sa Pag-i-invest at Babala sa Risk na may kinalaman sa impormasyong nakalagay sa itaas, na maa-access dito.
