New From PetroChem Wire . . . .
NGLs Week is PetroChem Wire's comprehensive summary of price trends, upstream and downstream costs, operations news and supply/demand forecasts. The report contains everything you'll need to understand what's happening in the NGL markets.
For more information,
NYMEX Friday Wrap: Crude, gasoline close week with losses; nat gas extends gains
HOUSTON, January 13, 2017 (PCW) — February NYMEX crude futures settled down $0.64/bbl to $52.37/bbl. March Brent at the close of the NYMEX decreased $0.69/bbl to $55.34/bbl.
The March Brent/WTI spread was steady $2.19/bbl favoring Brent. Prompt natural gas futures were up 3.3 cents at $3.419/mmBtu. February NYMEX RBOB futures closed at $1.6117/gal, up 0.09 cpg.
January gasoline differentials were stronger versus Thursday’s levels.
A4 CBOB 87 regular was up at 4.25 cpg under the screen.
CBOB 87 was higher at 4.00 cpg under the screen.
D4 CBOB 93 premium was stronger at 10.50 cpg over the screen.
CBOB 93 rose to 10.75 cpg over the screen.
RBOB was higher at 2.25 cpg under the screen.
The 3-2-1 crack in the Gulf Coast was $13.02/bbl, $2.86/bbl under the screen. – John Troland