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 Thursday Wrap: Crude, nat gas falter; gasoline advances
HOUSTON, November 17, 2016 (PCW) — December NYMEX crude futures settled down $0.15/bbl to $45.42/bbl. January Brent at the close of the NYMEX decreased $0.06/bbl to $46.51/bbl.
The January Brent/WTI spread widened to $0.59/bbl favoring Brent. Prompt natural gas futures were down 6.1 cents at $2.703/mmBtu. December NYMEX RBOB futures closed at $1.3430/gal, up 2.39 cpg.
November gasoline differentials were stronger versus Wednesday’s levels.
A4 CBOB 87 regular was higher at 13.25 cpg under the screen.
CBOB 87 was stronger at 12.75 cpg under the screen.
D4 CBOB 93 premium was up at 4.75 cpg over the screen.
CBOB 93 rose to 5.25 cpg over the screen.
RBOB was higher at 12.75 cpg under the screen.
The 3-2-1 crack in the Gulf Coast was $8.20/bbl, $4.24 /bbl under the screen. – John Troland