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 Monday Wrap: Crude, gasoline open week with losses; natgas gains
HOUSTON, January 29, 2018 (PCW) — March NYMEX crude futures settled down $0.58/bbl at $65.56/bbl. March Brent at the close of the NYMEX decreased $1.17/bbl at $69.51 bbl.
The March Brent/WTI spread narrowed at $3.95/bbl favoring Brent. Prompt natural gas futures were up 12.6 cents at $3.631 mmBtu. February NYMEX RBOB futures closed at $1.9349 gal, down 0.28 cpg.
February gasoline differentials were mixed versus Friday’s levels.
A4 CBOB 87 regular was weaker at 4.00 cpg under the screen.
CBOB 87 was down at 4.00 cpg under the screen.
D4 CBOB 93 premium was stronger at 9.50 cpg over the screen.
CBOB 93 was up at 9.50 over the screen.
RBOB was lower at 3.25 cpg under the screen.
The 3-2-1 crack in the Gulf Coast was $11.10 bbl, $6.88/bbl under the screen. – John Troland