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 Wednesday Wrap: Crude, nat gas, gasoline continue declines
HOUSTON, November 15, 2017 (PCW) — December NYMEX crude futures settled down $0.37/bbl at $55.33/bbl. January Brent at the close of the NYMEX decreased $0.03/bbl at $62.06/bbl.
The January Brent/WTI spread widened to $6.40/bbl favoring Brent. Prompt natural gas futures were down 2.2 cents at $3.080 mmBtu. December NYMEX RBOB futures closed at $1.7388 gal, down 2.24 cpg.
December gasoline differentials were weaker versus Tuesday’s levels.
A4 CBOB 87 regular was softer at 8.00 cpg under the screen.
CBOB 87 was down at 8.00 cpg under the screen.
D4 CBOB 93 premium was weaker at 3.00 cpg over the screen.
CBOB 93 was down at 2.75 over the screen.
RBOB fell to 7.75 cpg under the screen.
The 3-2-1 crack in the Gulf Coast was $9.95 bbl, $10.13/bbl under the screen. – John Troland