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PetroChem Wire's Daily Wire provides closing prices and a summary of the day's trading activity for US ethylene, proylene, polymers and upstream NGLs markets. Begun in 2007, its olefins and polyolefins prices serve as benchmarks for a number of physical and swap contracts that trade on the CME/NYMEX Clearport system.

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NYMEX Thursday Wrap: Oil rises $1.16 as nat gas slips

HOUSTON, November 29, 2018 (PCW) — January NYMEX crude futures settled up $1.16 per barrel at $51.45/bbl. January Brent at the close of the NYMEX increased $0640 at $58.80 bbl. The January Brent/WTI spread narrowed at $8.01 bbl favoring Brent.

Prompt natural gas futures were down 5.3 cents at $4.646 mmBtu. December NYMEX RBOB futures closed at $1.4547 gal, up 5.68 cpg.

December gasoline differentials were higher versus Wednesday’s level.

The 3-2-1 crack spread in the Gulf Coast was $8.61 bbl, $6.16 /bbl under the screen. – John Troland

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