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 Tuesday Wrap: Crude, gasoline retreat; nat gas continues gains
HOUSTON, November 7, 2017 (PCW) — December NYMEX crude futures settled down $0.15/bbl at $57.20/bbl. January Brent at the close of the NYMEX decreased $0.43/bbl at $63.78/bbl.
The January Brent/WTI spread narrowed to $6.34/bbl favoring Brent. Prompt natural gas futures were up 1.8 cents at $3.152 mmBtu. December NYMEX RBOB futures closed at $1.8153 gal, down 1.47 cpg.
December gasoline differentials were steady to weaker versus Monday’s levels.
A4 CBOB 87 regular was softer at 3.00 cpg under the screen.
CBOB 87 was down at 3.25 cpg under the screen.
D4 CBOB 93 premium was steady at 9.25 cpg over the screen.
CBOB 93 was steady at 9.00 over the screen.
RBOB was steady at 0.75 cpg under the screen.
The 3-2-1 crack in the Gulf Coast was $12.01 bbl, $8.53/bbl under the screen. – John Troland