Asphalt Weekly Monitor
- Oil markets fell sharply on OPEC meeting news–asphalt markets had limited reported activity for the Thanksgiving holiday week.
- East Coast retail asphalt prices slip in some areas, with many flux prices going lower.
- Wholesale East Coast asphalt and flux price assessments went lower this week.
- Midwest wholesale and some retail prices went lower, while racks had limited activity.
- Gulf Coast retail asphalt prices hold steady, with flux pricing slipping in some locations.
- The Area Barge asphalt and flux prices in the Gulf Coast declined for the week.
- Rockies wholesale prices declined–December prices are awaited in light of oil news.
- West Coast prices slip in some areas for the last week of November.
- Western Canada wholesale and retail prices hold steady from last week.
- Quebec asphalt posted prices are status quo and selling price ranges are assessed flat.
- Ontario asphalt selling and posted prices also remain within last week’s ranges.
- January WTI crude oil drops $10 this week, to $66.15 a barrel.
- Western Can. Select (WCS) crude oil prices drop, to ~$49 FOB Alberta for Jan. WCS, or about $17+ below Jan. WTI.
- January Brent crude prices plunge $10 this week, to $70.15 a barrel.
