Arbitrage
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BOSTON, May 15- Billionaire investor John Paulson bet more heavily on mortgage insurers during the first quarter, which suggests that his hedge fund expects the housing recovery to grow stronger in the months ahead.
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TOKYO, May 8- U.S. crude futures extended declines toward $95 a barrel on Wednesday, as the market awaited the release of Chinese trade data later in the day, which is expected to show crude oil imports in April hovered around March levels. was down 21 cents at $95.41 a barrel by 2346 GMT, after settling down 54 cents at $95.62 on Tuesday.
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*Nigerian Qua valued at dated plus $3.60- $3.80, steady. LONDON, May 7- Nigerian crude oil for June loading remains in ample supply, traders said on Tuesday, which could put pressure on crudes not supported by a grade-specific demand.
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LONDON, May 7- CPC Blend weakened on Tuesday under pressure from falling refining margins and Russia's Urals crude swaps also showed the grade might loose its strength soon.
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LONDON, May 7- Gasoil barge prices in northwest Europe rose on Tuesday following earlier gains in crude prices though demand for diesel remained weak. dropped below $3 a barrel in May, weakened by the recent spike in Brent crude prices and low demand.
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TOKYO, May 7- U.S. crude futures eased on Tuesday to below $96 a barrel on profit-taking, after gaining more than $5 in the previous three sessions as Mideast tensions raised supply concerns.
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*Traders waiting for North Sea programmes on Tuesday. *Angola sells quickly on Asian demand for heavier grades. Traders said activity was limited by Monday's UK public holiday, which means that there will be no trade in West African crude oil.
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LONDON, May 3- Urals crude and other grades in the Mediterranean and Baltic were stable on Friday, and traders said they expected the recent strength of Russian crude to extend into next week.
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SINGAPORE, May 3- U.S. oil futures held above $93 a barrel on Friday, clinging to most of the gains from the previous session when risk appetite got a boost after the European Central Bank cut interest rates and said was open to do more to aid a recession-hit euro zone. was little changed at $93.80 a barrel by 0036 GMT after settling at $93.99 on Thursday.
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*Angola sells quickly on Asian demand for heavier grades. LONDON, May 2- A key Nigerian crude oil grade stayed around 20- month highs on Thursday, but a slow uptake of other grades of a delayed and small June loading programme indicates that the strength may be short-lived, traders said.
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LONDON/ HONG KONG, May 2- Hedge fund firm Centaurus Capital is returning all money to external investors after disagreements with clients about where the best money-making opportunities lie, a source familiar with the firm said. Centaurus will also close its Asia office, three separate sources familiar with the matter said.
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In the Platts window, only Italy's Eni continued to bid for Urals in the Mediterranean, for May 19-23 delivery at dated Brent minus 15 cents, in line with the market. One trader said Lukoil has sold a Urals cargo in the Baltic to Finnish Neste for May 14-21 delivery at prices slightly stronger than levels earlier this week or around dated Brent minus 35- 45 cents.
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SINGAPORE, May 2- U.S. crude futures dropped for a third session running on Thursday, hurt by weak economic data from top oil consumers China and the United States although the Federal Reserve's commitment to sustain monetary stimulus kept losses in check. was off 16 cents at $90.87 a barrel by 0046 GMT.
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NEW YORK, May 1- Nelson Saiers, a trader and math whiz, runs the type of hedge fund that tends to perform best when markets are going haywire. The $600 million Saiers Capital fund and other so-called volatility funds use complex trading strategies to take advantage of pricing discrepancies caused by gyrations in global financial markets.
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GENEVA, May 1- Nigerian crude oil grades were assessed slightly below dated Brent plus $4 a barrel on Wednesday and at the highest level in 20 months as tight supplies and strong Asian demand lent support.
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LONDON, May 1- Kazakh CPC Blend strengthened on Wednesday after traders said some volumes had started flowing to Asia. Traders said this week that Kazakhstan's oil exports to Asia are on the rise as oil firms seek to cultivate new buyers and avoid saturating Europe further.
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TOKYO, May 1- U.S. crude futures fell slightly on Wednesday, extending a more than 1 percent drop in the previous session as investors awaited the outcome of policy meetings at the U.S. Federal Reserve and the European Central Bank this week. was down 42 cents at $93.04 a barrel at 0041 GMT, after settling at $93.46 on Tuesday.
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*Shell says Bonny Light force majeure still in place. GENEVA, April 30- Nigerian crude oil differentials strengthened further on Tuesday as traders eyed disruptions on a key export grade, although traders said that offers above dated Brent plus $4 a barrel were unrealistic.
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LONDON, April 30- Russian Urals crude eased a notch in the Mediterranean on Tuesday, and traders predicted a drop in activity over the next week due to long Russian holidays. In the Platts window, Vitol sold a 80,000 tonne Urals cargo to Lukoil for May 21-25 delivery at dated Brent minus 15 cents, some 15 cents weaker than previous price, traders said.
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SINGAPORE, April 30- U.S. crude futures steadied near their highest level in more than two weeks on Tuesday, supported by hopes U.S. and European central banks will commit to stimulating a fragile global economy. was little changed at $94.41 a barrel by 0040 GMT, after settling at $94.50 on Monday. *Brent June crude was flat at $103.81.