Asphalt Weekly Monitor
04 Dec 2015
- East Coast retail asphalt prices slip in some areas, with flux prices unchanged for the week.
- East Coast wholesale asphalt ranges move lower, as flux ranges hold steady.
- Some Midwest posted/reference prices and selling ranges slip lower for December.
- A number of Midwest wholesale barge deals are reported for December at lower prices.
- Gulf Coast retail asphalt ranges narrow or slip in some areas, with flux ranges flat.
- The wholesale Gulf Coast asphalt range declined, with the flux wholesale status quo.
- Rocky Mountain selling prices are steady or lower. Wholesale prices decline for December.
- West Coast markets weaker in some areas this week. Alaska index declines.
- Western Canada retail and posted prices are flat. Alberta wholesale moves lower.
- Selling prices are status quo in eastern Canada. Montreal posted prices are steady.
- Crude oil prices drop. January WTI closed at $39.97 a bbl, off $1.74 for the week.
- January Brent was down $1.86 for the week, to $43.00 a bbl—about $3 above WTI.
- January WCS crude declines, to just under $26 a bbl FOB Alberta, or $14.10 below WTI.
- Five-year $305 Billion US Highway Bill Passed and Signed into Law
- The Vitol Group Will Be Acquiring a 50 % Interest in Sargeant Marine (see Industry News).
- ArcLight, Freepoint to Buy Hovensa St. Croix Refinery/Sinopec Leases Hovensa Tankage.
