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, gasoline plummet; nat gas rallies
HOUSTON, December 6, 2017 (PCW) -- January NYMEX crude futures settled down $1.66/bbl at $55.96/bbl. February Brent at the close of the NYMEX decreased $1.61/bbl at $61.25/bbl.
The February Brent/WTI spread widened to $5.22/bbl favoring Brent. Prompt natural gas futures were up 0.8 cents at $2.922/mmBtu. January NYMEX RBOB futures closed at $1.6609/gal, down 5.75 cpg.
January gasoline differentials were weaker versus Tuesday’s levels.
A4 CBOB 87 regular was softer at 5.00 cpg under the screen.
CBOB 87 was down at 5.00 cpg under the screen.
D4 CBOB 93 premium was lower at 3.00 cpg over the screen.
CBOB 93 fell to 3.00 over the screen.
RBOB was weaker at 3.00 cpg under the screen.
The 3-2-1 crack in the Gulf Coast was $7.14/bbl, $9.46/bbl under the screen. -- John Troland