In the past week, price announcements from U.S. producers and marketers Citgo, ConocoPhillips, Flint Hills Resources, Sunoco, SK and Nynas reached the market. Paraffinic increases ranged from 15 to 36 cents per gallon, while pale oils went up 40 to 60 cents per gallon.
Citgo said that it has raised postings on its API Group I paraffinics by 30 cents/gal on 85, 100 and 150 grades. Solvent neutrals 325 and 650 went up by 15 cents/gal, and bright stock rose 20 cents/gal. All the Citgo increases were effective Thursday, May 22.