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20

30

40

50

60

70

80

fuel oil 380 Cst

fuel oil 180 Cst

jet kero

gasoil

prem unl 92

prem unl 95

naphtha

Graph 6 Singapore

May

Jan

Dec

Mar

Feb

May

Apr

2017

2016

Jul

Jun

Aug Sep Oct Nov

20

30

40

50

60

70

80

fuel oil 180 Cst

jet kero

naphtha

gasoil

Gr ph 7 Middle East Gulf Market

May

Jan

Dec

Mar

Feb

May

Apr

2017

2016

Jul

Jun

Aug Sep Oct Nov

128

OPEC bulletin 5–7/17

M a r k e t R e v i e w

naphtha

premium

gasoline

unl 95

premium

gasoline

unl 92

gasoil

jet kero

fuel oil

180 Cst

fuel oil

380 Cst

2016

May

44.20 59.14 56.00 54.86 55.18 35.80 34.03

June

45.56 59.05 56.49 58.14 58.27 38.62 36.68

July

41.74 51.87 49.46 54.27 54.37 38.35 36.47

August

39.96 54.18 51.52 53.47 53.55 38.67 36.61

September

42.54 58.00 55.38 54.62 55.07 41.11 38.72

October

47.70 62.99 60.06 61.23 61.02 45.33 43.06

November

46.82 58.99 56.51 56.84 56.63 43.90 41.68

December

51.51 66.68 64.25 62.91 64.10 51.68 49.47

2017

January

55.71 69.47 66.77 65.15 65.17 55.05 50.47

February

56.58 69.90 67.54 66.76 66.26 54.59 49.07

March

50.82 64.28 61.94 62.94 61.93 50.74 45.64

April

52.31 67.66 64.81 64.68 63.88 52.47 47.34

May

48.71 64.40 61.68 61.19 60.82 51.58 46.01

naphtha

gasoil

jet kero

fuel oil

180 Cst

2016

May

43.40

53.12

53.54

32.96

June

44.82

56.47

56.70

35.55

July

41.00

52.57

52.76

35.87

August

39.40

51.62

51.80

36.25

September

42.07

53.08

53.61

38.63

October

47.14

59.75

59.62

42.81

November

45.93

55.53

55.39

41.24

December

50.85

61.39

62.65

48.61

2017

January

54.42

63.38

63.50

49.35

February

55.08

65.11

64.70

48.24

March

49.65

61.19

60.26

44.63

April

51.07

63.16

62.46

46.58

May

47.55

59.70

59.42

45.93

Source: Platts. As of January 1, 2016, Argus. Prices are average of available days.

Table and Graph 6: Singapore market — spot cargoes, fob

$/b

Table and Graph 7: Middle East Gulf market — spot cargoes, fob

$/b