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 Wednesday Wrap: Crude, nat gas, gasoline decline
HOUSTON, March 28, 2018 (PCW) — May NYMEX crude futures settled down $0.87/bbl at $64.38/bbl. May Brent at the close of the NYMEX decreased $0.54/bbl at $69.48 bbl.
The May Brent/WTI spread widened at $5.09 bbl favoring Brent. Prompt natural gas futures were down 1.6 cents at $2.698 mmBtu. April NYMEX RBOB futures closed at $2.0116 gal, down 0.19 cpg.
April gasoline differentials were stronger versus Tuesday’s level.
A2 CBOB 87 regular was higher at 16.75 cpg under the screen.
CBOB 87 was up at 16.75 cpg under the screen.
D2 CBOB 93 premium was stronger at 3.00 cpg over the screen.
CBOB 93 was up at 3.00 over the screen.
RBOB rose to 5.75 cpg under the screen.
The 3-2-1 crack in the Gulf Coast was $12.63 bbl, $7.57/bbl under the screen. – John Troland