New From PetroChem Wire . . . .
PetroChem Wire and Genscape have partnered to create NGLs Week, a 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 sees strong rally; WTI back up over $30/bbl
Houston, February 17, 2016 (PCW) —- March NYMEX crude futures settled up $1.62/bbl to $30.66/bbl. April Brent at the close of the NYMEX increased $2.39 to $34.64/bbl.
The April Brent/WTI spread widened to $1.66/bbl favoring Brent. Prompt natural gas futures were up 3.9 cents at $1.942/mmBtu. March NYMEX RBOB futures closed at $1.0034/gal, up 3.25 cpg.
US Gulf cash gasoline differentials ended mixed versus Tuesday’s levels.
A4 CBOB 87 regular was lower at 10.75 cpg under the screen.
CBOB 87 was down at 10.75 cpg under the screen.
D4 CBOB 93 premium rose to 12.50 cpg over the screen.
CBOB 93 increased to 12.50 cpg over the screen.
RBOB was lower at 10.25 cpg under the screen.
The 3-2-1 crack in the Gulf Coast was $10.53/bbl, $2.14/bbl under the screen. – John Troland
To keep up with the day's news and prices in refined products, gasoline blendstocks and refinery chemicals, click here to check out the PCW Daily Refinery Focus