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 Thursday Wrap: Crude posts mixed results; nat gas, gasoline probe lower
HOUSTON, February 16, 2017 (PCW) — March NYMEX crude futures settled up $0.25/bbl to $53.36/bbl. April Brent at the close of the NYMEX decreased $0.08/bbl to $55.68/bbl.
The April Brent/WTI spread narrowed to $1.93/bbl favoring Brent. Prompt natural gas futures were down 7.1 cents at $2.854/mmBtu. March NYMEX RBOB futures closed at $1.5247/gal, down 2.32 cpg.
February gasoline differentials were weaker versus Wednesday’s levels.
A4 CBOB 87 regular was softer at 7.50 cpg under the screen.
CBOB 87 was weaker at 7.25 cpg under the screen.
D4 CBOB 93 premium was lower at 6.50 cpg over the screen.
CBOB 93 was down at 7.25 cpg over the screen.
RBOB fell to 6.25 cpg under the screen.
The 3-2-1 crack in the Gulf Coast was $8.12/bbl, $3.58/bbl under the screen. – John Troland