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 Wednesday Wrap: Crude tops $54, nat gas also climbs
HOUSTON, December 28 2016 (PCW) — February NYMEX crude futures settled higher, up $0.16 BBl to $54.06. February Brent at the close of the NYMEX increased $0.19 to $56.29. The February Brent/WTI spread widened to $2.23/bbl favoring Brent.
Prompt natural gas futures were up 16.9 cents at $3.930/mmBtu. January NYMEX RBOB futures closed at $1.6746 pg, up 2.18 cpg.
December gasoline differentials were mixed versus Tuesday’s levels.
A4 CBOB 87 regular was lower at 4.50 cpg under the screen.
CBOB 87 was steady at 4.00 cpg under the screen.
D4 CBOB 93 premium was lower at 11.25 cpg over the screen.
CBOB 93 was steady at 11.75 cpg over the screen.
RBOB was higher at 1.75 cpg under the screen.
The 3-2-1 crack in the Gulf Coast was $15.18/bbl, $2.44/bbl under the screen. – John Troland.