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30

40

50

60

70

80

90

fuel oil 380 Cst

fuel oil 180 Cst

jet kero

gasoil

prem unl 92

prem unl 95

naphtha

Graph 6 Singapore

Mar

Feb

May

Apr

Jul

Jun

Aug

Oct

Nov Dec Jan

Sep

2018

2017

Jan

30

40

50

60

70

80

90

fuel oil 180 Cst

jet kero

naphtha

gasoil

Graph 7 iddle East Gulf Mark t

Mar

Feb

May

Apr

Jul

Jun

Aug

Oct

Nov Dec Jan

Sep

2018

2017

Jan

56

OPEC bulletin 2/18

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

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

June

44.94 59.78 57.41 57.54 57.03 50.17 44.60

July

45.92 61.76 59.02 61.05 59.77 50.45 45.58

August

50.58 67.51 64.70 63.51 63.11 51.91 47.08

September

55.20 70.43 67.55 68.49 68.08 55.73 50.55

October

57.79 70.04 67.37 68.61 68.36 57.07 51.72

November

64.67 75.59 73.07 73.14 74.02 62.02 56.67

December

65.21 75.32 73.26 75.27 75.45 62.10 56.20

2018

January

66.26 78.61 76.65 80.78 81.00 64.40 58.85

naphtha

gasoil

jet kero

fuel oil

180 Cst

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

June

43.92

56.05

55.62

44.21

July

45.16

59.47

58.28

45.09

August

49.48

61.73

61.43

46.22

September

54.09

66.55

66.24

49.59

October

56.49

66.85

66.71

50.43

November

62.97

71.37

72.35

55.29

December

63.31

73.46

73.74

55.06

2018

January

64.91

79.71

79.55

57.70

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