Asphalt Weekly Monitor
- Oil markets fall sharply once again this week, with prices hitting 5-year lows.
- East Coast retail asphalt prices slipped in some areas, with flux prices steady.
- Some wholesale East Coast asphalt and flux prices go lower.
- Midwest wholesale barge and rail prices decline again—retail slips lower in some areas.
- Gulf Coast retail asphalt and flux prices were unchanged.
- The Gulf Coast Area Barge asphalt prices declined this week, with flux prices steady.
- Rocky Mountain wholesale prices drop again this week. Retail mostly unchanged/quiet.
- West Coast prices were mostly steady this week with very limited activity.
- Western Canada wholesale prices are weaker—retail is quiet and steady.
- Quebec asphalt posted prices are flat and selling prices hold steady from last week.
- Ontario asphalt selling prices and posted prices are assessed status quo.
- January WTI crude oil plummets $8.03 this week, going to $57.81 a barrel.
- Western Can. Select (WCS) crude oil prices plunges $9—to about $40 FOB Alberta.
- January Brent crude prices drop by more than $7–to $61.85 a barrel.
- Kildair Service Ltd. announces name change, following purchase by Sprague Resources LP
- Axeon Specialty Products Enters Crude Processing Agreement at its Paulsboro, NJ Refinery
