From PetroChem Wire . . . .
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 Friday Wrap: Oil, nat gas close week with declines
HOUSTON, November 30, 2018 (PCW) — January NYMEX crude futures settled down $0.52 barrel at $50.93/bbl. January Brent at the close of the NYMEX decreased $0.65 at $58.71 bbl. The January Brent/WTI spread narrowed at $7.78 bbl favoring Brent.
Prompt natural gas futures were down 3.4 cents at $4.612 mmBtu. December NYMEX RBOB futures closed at $1.4413 gal, down 1.34 cpg.
December gasoline differentials were steady to higher versus Thursday’s level.
A 4 CBOB 87 regular was steady at 8.75 cpg under the screen.
CBOB 87 was steady at 8.75 cpg under the screen.
D4 CBOB 93 premium was higher 7.75 cpg over the screen.
CBOB 93 was up 7.75 over the screen.
RBOB was higher at 7.25 cpg under the screen.
The 3-2-1 crack spread in the Gulf Coast was $9.29 bbl, $6.167 /bbl under the screen. – John Troland