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Copyright © 2010 Reed Business Information Limited

Copyright © 2010 Reed Business Information Limited. ICIS Pricing is a member of the Reed Elsevier plc group.

 

 4th August 2011

World Crude Report – Mediterranean

 

    

CRUDE

ASSESSED

VERSUS PREVIOUS

VERSUS DATED

BREGA

112.12

-3.47

1.90

ES SIDER

111.02

-3.47

0.80

ZARZAITINE

111.22

-3.27

1.00

SAHARAN

111.57

-3.37

1.35

SYRIAN LT

108.42

-3.32

-1.80

IRAN LT

107.12

-3.32

-3.10

IRAN HVY

103.62

-3.32

-6.60

KIRKUK

106.37

-3.32

-3.85

 

NOTE: for full details on the criteria ICIS pricing uses in making these price assessments, visit www.icispricing.com and click on “methodology”.

 

COMMENTS

Saudi Arabia has set its Official prices ex Sidi Kerir for September with increases to all grades.

             

Fob Sidi Kerir

 

Grade

vs. Brent Weighted Average

Berri

Plus 0.50 (up 0.95)

 

 

Arab Light

Minus 2.35 (up 0.25)

 

 

Arab Medium

Minus 4.35 (up 0.40)

 

 

Arab Heavy

Minus 6.85 (up 0.05)

 

Algerian Saharan Blend was heard to have traded at Dtd plus 1.35 in the past few days. Traders said offers for the naphtha rich grade have now risen to around Dtd plus 1.50. Traders noted that the grade has been supported by cargoes moving to the US Gulf in recent weeks.

 

 

 

 

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