statementSaid on 2026-10-29
October cargoes of medium-heavy sour Mars crude became cheaper amid rising freight costs and expectations of increased sour crude supply.
A statement by argus_price_agency, said on 2026-10-29. Statements are as reported by the cited publishers — not verified by DecisionGateway.
Октябрьские партии среднетяжелой сернистой нефти Марс подешевели на фоне роста стоимости фрахта и ожиданий увеличения предложения сернистой нефти.
Related claims
However, October Mars cargoes were still selling at an average premium of about $1.80/bbl.argus_price_agency · statementAt the end of September, the discount on October Mars cargoes was $7.50/bbl — the maximum since June 2022.argus_price_agency · statementIncreased demand for October-loading crude cargoes from buyers in the Asia-Pacific region and on the US West Coast contributed to a rise in prices for the Argentine light low-sulfur Medanito grade; the discount of Medanito to Brent futures on the ICE exchange narrowed from $2.50/bbl to $1/bbl amid stable freight rates during the month.Новости рынка нефти в Северной и Южной Америке · statementStronger demand for October-loading crude from buyers in the Asia-Pacific and the US West Coast drove up prices for Argentine light low-sulfur Medanito; the Medanito discount to Brent futures on ICE narrowed from $2.50/bbl to $1/bbl amid stable freight rates during the month.Новости рынка нефти в Северной и Южной Америке · statementHeavy crude from the 890 thousand bbl/d TransMountain pipeline system became cheaper in early to mid-August because demand in China remained low and many October volumes were not sold.Новости рынка нефти в Северной и Южной Америке · statementPrices for light low-sulfur WTI on the western Gulf of Mexico coast declined slightly during most of August.Новости рынка нефти в Северной и Южной Америке · statement
More claims by argus_price_agency
The largest decline occurred in China: supplies fell to 24.7 thousand tonnes due to reduced production of transition grades of PP; all exports to China went through the Dostyk-Alashankou crossing.statementExports to Turkey fell to 32.5 thousand tonnes due to part of the shipments switching to road transport.statementSupplies to Germany (7.4 thousand tonnes) and France (4.9 thousand tonnes) increased, with the product starting to be sent there through the port of St. Petersburg.statementPP supplies to Europe grew to 54 thousand tonnes; Poland remained the largest buyer, although volumes there declined slightly.statementThe second producer, «Нефтехим Ltd», mainly supplies products abroad by road transport.statement
All claims by argus_price_agency