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: Oil rises more than $2, gas drops
HOUSTON, August 22, 2018 (PCW) — October NYMEX crude futures settled up $2.02 at $67.86/bbl. October Brent at the close of the NYMEX increased $2.12/bbl at $74.75 bbl. The October Brent/WTI spread widened to $6.89 bbl favoring Brent.
Prompt natural gas futures were down 2.4 cents at $2.956 mmBtu. September NyMEX RBOB futures closed at $2.0680 gal, up 5.01 cpg.
September gasoline differentials were mostly lower versus Tuesday’s level.
A2 CBOB 87 regular was lower at 8.75 cpg under the screen.
CBOB 87 was down at 3.50 cpg under the screen.
D2 CBOB 93 premium was lower at 3.50 cpg over the screen.
CBOB 93 was down at 10.25 over the screen.
RBOB was higher at 1.00 cpg over the screen.
The 3-2-1 crack spread in the Gulf Coast was $13.62 bbl, $5.82 /bbl under the screen. – John Troland