Markets

OSP DIFFERENTIALS
Heavy-crude OSP differentials set flat or lower for March.
Saudi Arabia left its Official Selling Price (OSP) for Arab Heavy to Asian customers at a 55¢/bbl premium to DME/Dubai averages the same as in Feb.
March 02, 2020
PROFIT MARGINS
US coking and cracking margins faded in Nov.
Cracking margins at the US Gulf Coast (USGC) for Mars and the Argus Sour Crude Index (ASCI) not only posted the largest month-on-month declines of the crudes and blends covered here, but they sank into negative territory for the first time since Dec.
January 27, 2020
OSP DIFFERENTIALS
Heavy-crude OSP differentials set higher for Feb.
The Feb. Official Selling Prices (OSPs) for Arab Heavy, Iranian Heavy, and Iraqi Basra Heavy were all set at higher differentials to their respective benchmarks than they had been for Jan.
January 27, 2020
TRENDS & STATISTICS
Oil benchmark prices end 4Q 2019 higher despite numerous dips.
Crude futures prices started the quarter on a low note as poor economic data from the US and China sharpened the correction that was underway after the mid-Sept.
January 27, 2020
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