Asphalt Weekly Monitor
- East Coast retail asphalt prices slip lower in in some northern locations.
- East Coast wholesale asphalt market prices weaken in some areas.
- Midwest paving grade markets slip lower in many areas for the start of July.
- Midwest wholesale prices decline for barge and rail paving grades—ease for flux.
- Some Gulf Coast retail asphalt markets weaken.
- Gulf Coast wholesale asphalt prices assessed lower, on lower priced deals.
- Gulf Coast and East Coast flux retail and barge prices move lower in some areas.
- Rocky Mountain wholesale prices decline for most July supply.
- Rocky Mountain and West Coast retail markets hold in most areas—go lower in southern California and New Mexico.
- Eastern Canada posted prices move lower, following the June 26
- Western Canada prices decline in several Provinces this week.
- August NYMEX WTI crude end week at $84.45 per bbl -off $0.42 from previous week.
- Western Canadian Select (WCS) discount to WTI declines $2, going to $25.50 per barrel.
- August Brent crude premium to WTI surges higher by almost $5—going to $14.25 per bbl.
- President Obama signs into law two year highway funding bill.
- NuStar and Lindsay Goldberg to create asphalt JV.
- Carlyle Group and Sunoco to form Philadelphia refinery JV.