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Gasoil breaks key support and reaches $823 with oct/Jan contango widening to $11/mt. BOGO widens to -106 while POGO remains at -$165 when it should be at -$200. FAME premium in EU rise to +121 while RME premium to FAME still at +$22/mt. Brent/WTI still at $5.69/bbl with a relatively firm Euro at 1.2916Market Information
Gasoil returns to test support at $830 with oct/jan contango widening to $13.50 this morning in Asia. BOGO narrows to -$96 while POGO is at -$170. FAME premium remains at +118 while RME premium to FAME narrows a bit to +23/mt ahead of winter biodiesel specs in EU. Brent/WTI at $5.72/bbl while Euro weakens to 1.2865Market Information
Gasoil rallies to 837.25 with oct/jan contango staying wide @ $9.50/mt. BOGO widens to -$113 while POGO showing -$183 still shy of the 200+ required to promote PME use. FAME premium in EU lower at +118 while RME premium to FAME is +$25/mt. Brent/WTI narrows to a weak $5.25/bbl with a relatively firm Euro 1.2969Market Information
Brenda here! Everybody loves cheap – and we all especially love freebies!!!!
Because the Panthers beat the Lions (and did I ever mention I’m from the… 315 more words