Attend PetroChem Wire's FREE Half-Day Seminar in Houston
You are warmly invited to “Now More Than Ever,” PetroChemWire's FREE seminar in Houston.
With more material all along the US petrochemical value chain now available to the world, experts from PCW – the provider of benchmark olefins and polymers prices for the CME and ICE – will discuss the volatile petrochemicals space, managing price risk, feedstock economics and the impact of new capacities.
You can also network at our cocktail reception following the presentations.
Where: Hearsay on the Green, 1515 Dallas St., Houston TX 77010
When: 2-5 p.m., March 20, 2018 (Cocktail reception 4-5 p.m.)
Kathy Hall, CEO and Executive Editor, PCW
David Barry, Senior Editor, PCW
Robert Sharp, Senior Editor, PCW
Samantha Hartke, Product Manager, PCW
Trey Hamblett, VP of Chemicals Research, IIR Energy
NYMEX Thursday Wrap: Crude, gasoline soften; nat gas rallies
HOUSTON, March 1, 2018 (PCW) — April NYMEX crude futures settled down $0.65/bbl at $60.99/bbl. May Brent at the close of the NYMEX decreased $0.91/bbl at $63.82 bbl.
The May Brent/WTI spread narrowed at $3.03bbl favoring Brent. Prompt natural gas futures were up 3.1 cents at $2.698 mmBtu. April NYMEX RBOB futures closed at $1.8964 gal, down 2.82 cpg.
April gasoline differentials were weaker versus Wednesday’s levels.
A3 CBOB 87 regular was softer at 21.75 cpg under the screen.
CBOB 87 was down at 21.75 cpg under the screen.
D3 CBOB 93 premium was lower at 5.00 cpg under the screen.
CBOB 93 was down at 5.00 under the screen.
RBOB fell to 19.75 cpg under the screen.
The 3-2-1 crack in the Gulf Coast was $18.73 bbl, $9.78/bbl under the screen. – John Troland