Regístrese hoy mismo

y en menos de un minuto podrá acceder a:Titulares de última horaAnálisis y reportajesVídeos, podcasts y blogs sobre materias primasMuestras de precios e información de mercadoInformes especialesAvisos a los suscriptores y alertas diarias por correo electrónico

¿Ya tiene una cuenta?

Inicie sesión para registrarse

¿Olvidó su contraseña?

Nota: Los suscriptores de Platts Market Center solo pueden restablecer contraseñas desde la plataforma Platts Market Center

Indíquenos la dirección de correo electrónico con la que está registrado y le enviaremos un correo electrónico con su contraseña.

  • Correo electrónico Address* Escriba una dirección de correo electrónico.

Si es usted suscriptor/a premium; no podremos enviarle su contraseña por razones de seguridad. Póngase en contacto con nuestro departamento de atención al cliente.

Si es usted suscriptor/a de Platts Market Center, deberá restablecer su contraseña desde el portal de Platts Market Center.

En esta lista

Venezuela production woes tightens US supply outlook, pushing WTI to new high

Gas natural | Petróleo

Platts Scenario Planning Service

Petróleo | Crudo | Productos refinados

Problemas en PDVSA para encontrar compradores de 677.000 barriles diarios de crudo en febrero

Petróleo | Crudo | Productos refinados

Problemas en PDVSA para encontrar compradores de 677.000 barriles diarios de crudo en febrero

Venezuela production woes tightens US supply outlook, pushing WTI to new high

New York — Frontline WTI futures settled at a fresh four-month high Thursday as an ongoing crisis in Venezuela exacerbated supply concerns.

¿No está registrado?

Reciba alertas diarias y avisos para suscriptores por correo electrónico; personalice su experiencia.


NYMEX April WTI settled up 35 cents at $58.61/b while ICE May Brent finished down 32 cents at $67.23/b.

WTI traded higher amid expectations of a tightened supply picture due to the continued deterioration of the Venezuelan oil industry, Tradition Energy analyst Gene McGillian said. Front-month WTI settled at the highest since November 12.

Venezuelan state-owned PDVSA indefinitely postponed the restart of its 120,000 b/d Petro San Felix upgrader and shut-in production at one of its fields due to a fire at four storage tanks at the facility, a source at the complex told S&P Global Platts under the condition of anonymity.

PDVSA has restarted three other crude upgraders and a mixing plant, but has no naphtha inventories available to dilute the extra-heavy crude, according to a technical report seen by S&P Global Platts Thursday.

PDVSA typically procured heavy naphtha from the US Gulf Coast to help thin the country's heavy crude and enable transportation by pipeline from oil fields to markets. But the imposition of US sanctions in January has blocked this source, and there have been no recent reports of naphtha imports from Indian or Chinese companies.

Venezuelan oil production slipped to 1.09 million b/d in February, falling 130,000 b/d in the month since the US imposed sanctions on state-owned oil company PDVSA, the US Energy Information Administration said Tuesday.

US imports of Venezuelan crude into the Gulf Coast are now beginning to dwindle. Through the first two weeks of March, imports have averaged at around 122,000 b/d, down from about 160,000 b/d during the second half of February, according to US customs data.

The falling imports and reduced production levels have bolstered differentials for heavy crudes on the US Gulf Coast. Western Canada Select at Nederland, Texas, was assessed Thursday at the NYMEX WTI CMA plus $3.75/b, flat from Wednesday's record high. The premium for Mars crude, a medium sour USGC benchmark, strengthened to a one-month high this week compared with WTI at $7.95/b.

Brent futures faced headwinds from depressed global demand growth outlooks.

OPEC, in its closely watched monthly oil market report, revised downward its projection of 2019 global oil demand to below 100 million b/d for the first time since it started forecasting this year's fundamentals last July.

NYMEX refined product futures traced Brent lower Thursday. April RBOB settled down 73 points at $1.8495/gal and April ULSD was 72 lower at $1.9849/gal at market close.

-- Chris van Moessner,

-- Edited by Derek Sands,