ESPO crude is a popular grade among Chinese “teapotsâ€, or independent refineries, that collectively make up a fifth of the country’s crude imports.
SEATTLE (Oil Monster): Asia’s spot premiums for Russia’s ESPO Blend crude oil ESPO-DUB loading in April slid further to its lowest levels since July 2017 as demand from China, the key buyer of the grade, was hit by the coronavirus epidemic, trade sources said on Tuesday.
Russia’s top oil producer Rosneft awarded its spot tender selling five cargoes of April-loading ESPO crude at premiums of around $1.70-$1.80 to Dubai quotes, likely to Chinese buyers and a trader, the sources said.
ESPO crude is a popular grade among Chinese “teapots”, or independent refineries, that collectively make up a fifth of the country’s crude imports.
Courtesy: www.reuters.com
| United States Crude Oil Prices | |||
|---|---|---|---|
| COMMODITY | PRICE | CHANGE | |
| Alabama Heavy Asphaltic Sour | 66.23 | +0.70 | |
| Alabama Light Sour | 73.59 | +0.78 | |
| Alabama Light Sour Womack Hill Type | 55.28 | +5.30 | |
| Alabama Light Sweet | 78.59 | +0.78 | |
| Alabama/ Florida Panhandle | 76.82 | +0.80 | |
Plastic Keychain Magnet
Keychain Magnets as gift items to promote your Scrap Metal Recycling business!. Letters and numbers can be imprinted. Available Colors: Red, Blue and Green
$2.59
Scrap Metal Test Magnet 10 lb N52 Neodymium Rare Earth
Retrieval and Metal Testing Magnet. Contains The Most Powerful Grade of Neodymium Rare Earth Magnet (N52). Case Material: Aluminum
$9.99