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, click here.
For all of our products and services,
NYMEX Monday Wrap: Crude opens week with gains; nat gas, gasoline decline
HOUSTON, October 16, 2017 (PCW) — November NYMEX crude futures settled up $0.42/bbl at $51.87/bbl. December Brent at the close of the NYMEX increased $0.62/bbl at $57.76/bbl.
The December Brent/WTI spread widened to $5.62/bbl favoring Brent. Prompt natural gas futures were down 5.4 cents at $2.946 mmBtu. November NYMEX RBOB futures closed at $1.6169 gal, down 0.53 cpg.
November gasoline differentials were steady to weaker versus Friday’s levels.
A3 CBOB 87 regular was softer at 2.25 cpg under the screen.
CBOB 87 was down at 2.50 cpg under the screen.
D3 CBOB 93 premium was steady at 8.75 cpg over the screen.
CBOB 93 was steady at 8.25 over the screen.
RBOB was weaker at 2.75cpg under the screen.
The 3-2-1 crack in the Gulf Coast was $10.79 bbl, $7.99/bbl under the screen. – John Troland