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 Thursday Wrap: Crude, gasoline extend gains; nat gas plummets
HOUSTON, January 4, 2018 (PCW) — February NYMEX crude futures settled up $0.38/bbl at $62.01/bbl. February Brent at the close of the NYMEX increased $0.22/bbl at $68.09bbl.
The February Brent/WTI spread narrowed to $6.08/bbl favoring Brent. Prompt natural gas futures were down 12.8 cents at $2.880 mmBtu. February NYMEX RBOB futures closed at $1.8067 gal, up 0.93 cpg.
February gasoline differentials were stronger versus Wednesday’s levels.
A4 CBOB 87 regular was higher at 4.00 cpg under the screen.
CBOB 87 was up at 4.00 cpg under the screen.
D4 CBOB 93 premium was stronger at 6.00 cpg over the screen.
CBOB 93 rose to 6.00 over the screen.
RBOB increased to 3.00 cpg under the screen.
The 3-2-1 crack in the Gulf Coast was $9.91 bbl, $7.75/bbl under the screen. – John Troland