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Market Spotlight

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Featured news article

LHS differential slips on lower WTI Midland differential

A lower differential for West Texas Intermediate in Midland, Texas, weighed on the market for light sweet crude in Houston, as the differential for Light Houston Sweet declined week on...Read More »


  • Brent/WTI spread settles above $8/b on Yemen risk, bearish US supply

    The June ICE Brent/NYMEX WTI spread settled $1.02 wider at $8.13/barrel Friday after hitting a one-month high early in the session amid ongoing fighting in Yemen and bearish supply pressure in the US.

  • NWE propane discount to naphtha at widest in six months

    The discount of the front-month CIF Northwest Europe propane swap to the equivalent CIF Northwest Europe naphtha swap -- a relative measure of the competitiveness of the LPG against Europe's traditional steam cracker feedstock -- hit its widest in six months Thursday on balanced propane fundamentals and more bullish sentiment in the naphtha market.

  • Uganda may not meet 2018 target for oil output start: central bank

    Uganda may not be able to produce its first commercial oil by 2018 as previously forecast due to a slump in global prices as well as the higher costs of developing its waxy reserves, the central Bank of Uganda said in a report seen by Platts Friday.

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