Asphalt Weekly Monitor
- It was a quiet Christmas Holiday week for US and Canada asphalt markets.
- East Coast retail and wholesale asphalt and flux price ranges remain unchanged.
- The Midwest had steady prices for retail and wholesale asphalt and roofing flux.
- Gulf Coast retail asphalt and flux prices are steady – wholesale prices also steadfast.
- Rockies regional prices were unchanged for retail or wholesale markets.
- West Coast prices were flat throughout the region this week.
- Western Canada was inactive this Holiday week, with seasonal winter weather conditions.
- Quebec and Ontario prices ranges remain static for the week.
- February NYMEX West Texas Int. crude (WTI) rises to $100.32 a bbl—up $1.00 vs. previous weeks close.
- Western Canadian Select (WCS) climbs to $77 a bbl—still $23.25 below WTI for February.
- February North Sea Brent crude climbs to $112.18 a bbl—less than $12 over WTI.
- Morgan Stanley to Sell Global Oil Merchanting Business to Rosneft (see Industry News).