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 Friday Wrap: Crude, gasoline, nat gas close week with strong gains
HOUSTON, November 3, 2017 (PCW) — December NYMEX crude futures settled up $1.10/bbl at $55.64/bbl. January Brent at the close of the NYMEX increased $1.10/bbl at $61.90/bbl.
The January Brent/WTI spread widened to $6.04/bbl favoring Brent. Prompt natural gas futures were up 4.9 cents at $2.984 mmBtu. December NYMEX RBOB futures closed at $1.7934 gal, up 2.37 cpg.
December gasoline differentials were stronger versus Thursday’s levels.
A4 CBOB 87 regular was higher at 1.75 cpg under the screen.
CBOB 87 was up at 1.75 cpg under the screen.
D4 CBOB 93 premium was stronger at 9.00 cpg over the screen.
CBOB 93 rose to 8.75 over the screen.
RBOB was higher at 1.00 cpg under the screen.
The 3-2-1 crack in the Gulf Coast was $12.88 bbl, $8.11/bbl under the screen. – John Troland