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Daily 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 Tuesday Wrap: Oil, nat gas and gasoline all edge higher

HOUSTON, December 4, 2018 (PCW) -- January NYMEX crude futures settled up $0.30 per barrel at $53.25/bbl. February Brent at the close of the NYMEX increased $0.30 at $62.08/bbl. The February Brent/WTI spread narrowed to $8.62/bbl favoring Brent.

Prompt natural gas futures were up 11.8 cents at $4.457/mmBtu. January NYMEX RBOB futures closed at $1.4434/gal, up 1.20 cpg.

December gasoline differentials were mixed versus Monday’s levels.

The 3-2-1 crack spread in the Gulf Coast was $8.44/bbl, $5.34/bbl under the screen. -- John Troland

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