Prices of Asian spot liquefied natural gas (LNG) inched up this week amid production outages in Asia and Europe, but
U.S. energy firms this week added oil and natural gas rigs for a second week in a row for the
U.S. coastal crude grades strengthened on Friday, dealers said, on the third and final day of the “roll” trade, a
U.S. WTI Midland crude differentials weakened on Friday as Gunvor sold below Thursday’s levels while Trafigura, a big buyer in
Russian Urals crude oil differentials to dated Brent were little changed on Friday in quiet trade, market sources said.
Oil prices
U.S. natural gas futures held near a five-month low on Friday on forecasts for mild weather through mid May that
Northwest European gasoline profit margins rose by about 40 cents to $14.03 a barrel on Friday supported by lower inventories.
Trafigura
Asia’s middle distillates market structure firmed further as front-month prices received support from bullish near-term supply-demand fundamentals, with China barrels
Dutch and British wholesale gas prices were rangebound on Friday morning amid a lack of fundamental news and sufficient supply.
The
U.S. natural gas futures fell about 2% to a five-month low on Friday on forecasts for mild weather through mid