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. Oil drops 55 cts, nat gas steady
HOUSTON, October 29, 2018 (PCW) — December NYMEX crude futures settled down $0.55 at $67.04/bbl. December Brent at the close of the NYMEX decreased $0.20 at $77.35 bbl. The December Brent/WTI spread widened to $10.31 bbl favoring Brent.
Prompt natural gas futures were steady at $3.185 mmBtu. November NYMEX RBOB futures closed at $1.8249 gal, up 0.99 cpg.
November gasoline differentials were lower versus Friday’s level.
A 4 CBOB 87 regular was lower at 5.00 cpg under the screen.
CBOB 87 was down at 5.00 cpg under the screen.
D4 CBOB 93 premium was lower at 6.90 cpg over the screen.
CBOB 93 was down at 6.90 over the screen.
RBOB was lower at 4.00 cpg under the screen.
The 3-2-1 crack spread in the Gulf Coast was $10.38 bbl, $5.76 /bbl under the screen. – John Troland